Idea Tooling & Engineering Inc Salary

As of July 2026, the average annual salary for employees at Idea Tooling & Engineering Inc in the United States is $99,404. This translates to an approximate hourly wage of $48. Salaries at Idea Tooling & Engineering Inc typically range from $87,558 to $112,172 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Idea Tooling & Engineering Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Idea Tooling & Engineering Inc. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $769,477. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Idea Tooling & Engineering Inc

Ready for your next career move? Explore current job openings at Idea Tooling & Engineering Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Idea Tooling & Engineering Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Idea Tooling & Engineering Inc'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
Murano Shades $98,001
-1.4%
Confirms Murano Shades is a direct competitor vying for the exact same talent pool.
Engineered Lighting Products $98,149
-1.3%
Suggests Engineered Lighting Products utilizes a highly similar base-plus-benefits compensation model.
HTS Coatings LLC $85,344
-14.1%
HTS Coatings LLC may offer non-monetary perks in lieu of competitive base salaries.
Commonwealth Tool & Machine $83,551
-15.9%
Typical compensation structure for smaller regional agencies like Commonwealth Tool & Machine.
MFG Durable Industry $121,746
+22.5%
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 Idea Tooling & Engineering Inc

Considering a career at Idea Tooling & Engineering Inc? 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.
Schedules are consistent, and shifts are rarely disrupted. Equipment is mostly reliable, but support during breakdowns can lag. The company provides excellent tools and resources to do our jobs effectively. I've spent 15 years in manufacturing and this is by far the best company I've worked for. It’s a place where you can build a long-term, fulfilling career.
Managers give helpful feedback, and colleagues support each other. Leadership regularly checks in with each department, which keeps morale high. The focus on lean manufacturing principles eliminates wasteful practices while improving working conditions. From the first day, I felt welcomed and well-trained. Tools and equipment are maintained well.
They consistently invest in new equipment and training, which shows a commitment to the future and to us, the employees. Management encourages professional growth and offers frequent training programs. It’s a very inclusive environment where everyone is treated with respect. The company also provides good benefits and career growth opportunities. Fast-paced but well-managed environment. Communicat...

Idea Tooling & Engineering Inc Overview

Website
www.ideatooling.com
Founded In
1973
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
20601 Annalee Ave Carson California CA 90746
Revenue
<$5 Million
Phone Number
+1 3106087488
Social Media
About Idea Tooling & Engineering Inc
With over 30 years of experience in the manufacturing of precision engineered plastics, ITE, an ISO/9001 implemented company, strives to be a leader in highly engineered injection molded products. ITE is a privately-owned company with a 45,000 square foot engineering/production facility located in Carson, California. We view ITE as an extension of your business, providing you with value-added serv

What Benefits Does Idea Tooling & Engineering Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Idea Tooling & Engineering Inc 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 Carson?

Understanding the cost of living near Carson is key to truly evaluating a salary offer or your current compensation at Idea Tooling & Engineering Inc.
Carson's Cost of Living Index is approximately 149.1 (49.1% more expensive than US average; 6.7% more than CA average). South Bay LA County city, diverse, high housing costs, industrial and commercial base. When planning your budget based on a salary from Idea Tooling & Engineering Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,800+ A significant portion of Idea Tooling & Engineering Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Carson Circuit/Metro access) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,430 - $5,160+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Idea Tooling & Engineering Inc

1. How much does an Idea Tooling & Engineering Inc employee make?

Idea Tooling & Engineering Inc pays its employees an average of $99,404 per year. The average salary at Idea Tooling & Engineering Inc range from $87,558 to $112,172 per year. 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. Which similar company tend to pay more or less than Idea Tooling & Engineering Inc?

The salary at Idea Tooling & Engineering Inc is higher than the similar company. The average annual salary at Idea Tooling & Engineering Inc is $99,404, or an hourly wage of $48, in comparison to Murano Shades which pays $98,001 per year or $47 per hour.

3. How much does a Chief Executive Officer typically earn at Idea Tooling & Engineering Inc?

A Chief Executive Officer at Idea Tooling & Engineering Inc typically earns an average annual base salary of around $769,477, with a general range of $589,700 to $967,781.

4. Do employees with advanced degrees (Master's, PhD) earn more at Idea Tooling & Engineering Inc?

In many roles at Idea Tooling & Engineering Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Carson affect the perceived value of a Idea Tooling & Engineering Inc salary?

Carson's Cost of Living Index is approximately 149.1 (49.1% more expensive than US average; 6.7% more than CA average). This significantly impacts the purchasing power of a salary from Idea Tooling & Engineering Inc based there. Our "Cost of Living Insights for Carson" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Idea Tooling & Engineering Inc typically offer employees?

Idea Tooling & Engineering Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Idea Tooling & Engineering Inc" section on this page.