Mastertech Diamond Products Co Salary

As of August 2026, the average annual salary for employees at Mastertech Diamond Products Co in the United States is $87,390. This translates to an approximate hourly wage of $42. Salaries at Mastertech Diamond Products Co typically range from $76,974 to $98,612 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Mastertech Diamond Products Co

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Is Mastertech Diamond Products Co’s Pay Competitive? Salary Benchmarking Analysis

How does Mastertech Diamond Products Co's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Wunder-Mold Inc $98,761
+13.0%
Reflects structural premiums typical of Wunder-Mold Inc's large-cap national operations.
Alternate Energy Systems Inc $86,040
-1.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Staver Hydraulics Company Inc $84,996
-2.7%
Suggests Staver Hydraulics Company Inc utilizes a highly similar base-plus-benefits compensation model.
Northwestern Tools Inc $85,418
-2.3%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+39.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Mastertech Diamond Products Co

Considering a career at Mastertech Diamond Products Co? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Managers listen and act on feedback. For an organization, their rigorous safety protocols and ongoing training are exceptional. The team environment is very collaborative, and leadership is approachable. Management values employee input and actively supports training and professional growth initiatives. Management follows protocol, but there’s limited innovation unless upper leadership initiates c...
Competitive pay and benefits motivate employees. For a company they ensure everyone feels fairly rewarded for their hard work and dedication. I’ve had nothing but good experiences working here. Safety is prioritized but sometimes inconsistently enforced. This ethical approach resonates with many employees and adds to our pride in the organization. The manufacturing company offers stable employment...
Leadership is approachable and open to suggestions, which makes you feel heard. Strong daily coordination between departments keeps everything running efficiently. While it’s nice to have a routine, it can also become monotonous over time. It’s a place where effort is appreciated and results matter. Whether it’s a simple thank you or a more formal acknowledgment, it makes a difference.

Mastertech Diamond Products Co Overview

Website
www.mastertechdiamond.com
Founded In
1990
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
55 Florence Ave Painesville Ohio OH 44077
Revenue
$5 Million - $10 Million
Phone Number
+1 4403521112
Social Media
About Mastertech Diamond Products Co
Mastertech Diamond Products Company is located in Mentor, Ohio, a suburb city 30 miles east of Cleveland, Ohio. The company has been manufacturing PCD and PCBN inserts as well as other cutting tools for industry since 1990. Our modern facility built for our use in 1996 is climate-controlled and designed to promote manufacturing of our specialized inserts and cutting tools. Our state of the art tec

What Benefits Does Mastertech Diamond Products Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mastertech Diamond Products Co offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Mastertech Diamond Products Co.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Mastertech Diamond Products Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Mastertech Diamond Products Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mastertech Diamond Products Co

1. What is the typical salary range (low to high) for most roles at Mastertech Diamond Products Co?

The typical annual salary range for most roles at Mastertech Diamond Products Co is approximately from $76,974 to $98,612. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Mastertech Diamond Products Co pay compared to Wunder-Mold Inc?

The average annual salary at Mastertech Diamond Products Co is $87,390, or an hourly wage of $42, in comparison to Wunder-Mold Inc which pays $98,761 per year or $47 per hour.

3. Do salaries differ significantly between departments at Mastertech Diamond Products Co?

Yes, salaries often differ between departments at Mastertech Diamond Products Co due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Mastertech Diamond Products Co?

Experience level is a significant factor in determining salary at Mastertech Diamond Products Co, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Mastertech Diamond Products Co in Cleveland is fair given the local cost of living?

To determine if a salary offer from Mastertech Diamond Products Co in Cleveland is fair, first compare the gross salary to our data for similar roles at Mastertech Diamond Products Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Cleveland" to understand its purchasing power.

6. Are the salaries listed for Mastertech Diamond Products Co on Salary.com pre-tax or after-tax?

All salary figures displayed for Mastertech Diamond Products Co, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.