Platinum Tools Salary

Platinum Tools Salary

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As of July 2026, the average hourly salary for employees at Platinum Tools in the United States is $40. This translates to an approximate annual wage of $82,320. Salaries at Platinum Tools typically range from $35 to $45 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Platinum Tools Pay for Different Roles?

Explore detailed salary information for specific jobs at Platinum Tools. Based on our data, the highest paying job is the Director of Finance and Accounting, with an hourly wage of $92. The table below outlines the hourly wage ranges for most popular roles within the company.

Sales Manager

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Technical Support Representative

$24 / hour

Salary Range: $21 - $27

Technical Support

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Platinum Tools.
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About Platinum Tools: Company Profile

Website
www.platinumtools.com
Founded In
1997
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
CAMARILLO
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About PLATINUM TOOLS
Platinum Tools is a manufacturer and supplier of electrical and control products such as connectors, crimpers, testers, cutters and strippers.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Platinum Tools's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Scheduling is fair, and production timelines are met. The company culture is professional but may feel rigid and hierarchical, limiting employee autonomy. Most rewarding is seeing how our high-quality products make a difference in customers' lives every day. Fair supervisors and clear expectations.
Commented in April 14, 2025
9
2
The company supports ongoing training and skill development, ensuring long-term success for both employees and clients. Production schedules are realistic, and the team works together with purpose. I enjoy the structure here. There’s a lot of pride in the products we create. Clean environment, efficient workflows, and respectful coworkers. Compensation is generous, including production bonuses and...
Commented in March 17, 2025
43
0
Modern equipment and up-to-date technology create a productive and innovative work environment. Supervisors provide clear guidance and support. You feel appreciated for your efforts. Comprehensive training enhances team skills and knowledge. Overtime is sometimes required during busy periods.
Commented in July 22, 2024
47
1
Management is fair and provides the necessary resources and support to get the job done effectively and safely. The environment works, but it’s not highly dynamic. The company provides ongoing training and opportunities for lateral moves, so you’re always learning. They provide modern equipment and prioritize a safe working environment above all else.
Commented in May 20, 2024
24
0
Workers feel valued and supported, and quality control standards remain top-notch. Benefits are average, and while there’s room to grow, it’s not especially fast. In a traditional industry, they actively embrace automation, smart factory solutions, and sustainable manufacturing practices. Coworkers are respectful but mostly keep to themselves.
Commented in February 10, 2024
42
3

How Platinum Tools's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Platinum Tools’s pay competitiveness. Click on a company for a deeper dive.

Is Platinum Tools’s Pay Competitive? Salary Benchmarking Analysis

How does Platinum Tools'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
PROTECTOWIRE $40
+2.1%
Suggests PROTECTOWIRE utilizes a highly similar base-plus-benefits compensation model.
PRODUCTIVE VIDEO $41
+3.2%
Reflects structural premiums typical of PRODUCTIVE VIDEO's large-cap national operations.
POPEK ENTERPRISES $34
-14.1%
POPEK ENTERPRISES may offer non-monetary perks in lieu of competitive base salaries.
PEAK MOBILE COMM $36
-9.8%
PEAK MOBILE COMM operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $59
+47.9%
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.

What Is the Cost of Living Near Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Platinum Tools.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Platinum Tools, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Platinum Tools salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Platinum Tools

FAQ 1: What is the estimated average total compensation at Platinum Tools?
Salary.com estimates that the average total compensation package at Platinum Tools, which can include base salary, potential bonuses, and benefits, is around $40 per hour . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Platinum Tools pay compared to PROTECTOWIRE?
The average annual salary at Platinum Tools is $82,320, or an hourly wage of $40, in comparison to PROTECTOWIRE which pays $84,062 per year or $40 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Platinum Tools?
Salary progression from an entry-level to a senior role at Platinum Tools can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Platinum Tools in Los Angeles is fair given the local cost of living?
To determine if a salary offer from Platinum Tools in Los Angeles is fair, first compare the gross salary to our data for similar roles at Platinum Tools and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Los Angeles" to understand its purchasing power.
FAQ 5: Are promotions at Platinum Tools usually accompanied by a significant salary increase?
Yes, promotions at Platinum Tools are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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