KNIPEX Tools LP Salary

KNIPEX Tools LP Salary

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As of April 2026, the average annual salary for employees at KNIPEX Tools LP in the United States is $95,016. This translates to an approximate hourly wage of $46. Salaries at KNIPEX Tools LP typically range from $83,663 to $107,245 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at KNIPEX Tools LP

Ready for your next career move? Explore current job openings at KNIPEX Tools LP. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is KNIPEX Tools LP’s Pay Competitive? Salary Benchmarking Analysis

How does KNIPEX Tools LP'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
Wattera LLC $88,814
-6.5%
Normalized for lower cost-of-living zones where Wattera LLC primarily operates.
BZB Industries $101,788
+7.1%
Reflects a supply-demand imbalance for the specific talent BZB Industries targets.
Century Drill & Tool Corp $86,610
-8.8%
Century Drill & Tool Corp focuses strategically on recruiting and training entry-level apprentices.
R M Wilson Co $87,770
-7.6%
R M Wilson Co may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $121,746
+28.1%
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.

How KNIPEX Tools LP's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at KNIPEX Tools LP. Click a company name to learn more.

Employee Reviews: Working at KNIPEX Tools LP

Considering a career at KNIPEX Tools LP? 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.
I appreciate the emphasis on innovation and the investment in advanced manufacturing technologies, which keeps our processes efficient and our products superior. This manufacturing firm offers consistent job security and reasonable benefits. I’ve had great mentors here who’ve guided me through challenges. The company also offers career advancement paths through certifications and internal promotio...
Commented in May 08, 2025
25
3
Management is friendly but often implement changes. Tools and equipment are maintained well. The culture here is based on respect, productivity, and teamwork. Overall, it's a company that values both product quality and people. Consistent hours, respectful coworkers, and fair treatment from management make this a solid workplace.
Commented in April 21, 2025
25
2
Processes are followed but could be modernized. Workload demands fluctuate seasonally, causing occasional stress. The relatively it means you get to know everyone, fostering a strong sense of camaraderie. Career advancement opportunities exist but progress is often nfluenced by seniority. The job is consistent, and the facility is generally well-maintained. The work gets done efficiently, but ther...
Commented in September 21, 2024
24
3
Our facility runs smoothly with minimal downtime, and employee feedback is regularly considered for improving performance and efficiency. It helps me stay focused and efficient without feeling overwhelmed or burned out. It's refreshing to be part of a company that truly values its employees' contributions and invests in their long-term success and overall well-being.
Commented in March 17, 2024
44
1

KNIPEX Tools LP Overview

Website
www.knipex-tools.com
Founded In
1882
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1500 Busch Pkwy Buffalo Grove Illinois IL 60089
Revenue
$5 Million - $10 Million
Phone Number
+1 8473988520
Social Media
About KNIPEX Tools LP
KNIPEX Tools LP is the North American sales and marketing organization of KNIPEXWerk. KNIPEXWerk, Wuppertal, Germany, is a professional quality pliers manufacturer known worldwide. The company concentrates its efforts on being the best pliers manufacturer in terms of quality, innovation and efficiency and its pliers satisfy the highest expectations in terms of performance, ergonomics and service l

What Benefits Does KNIPEX Tools LP Offer Beyond Salary?

A competitive compensation package is more than just a salary. KNIPEX Tools LP 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at KNIPEX Tools LP.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from KNIPEX Tools LP, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of KNIPEX Tools LP salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of KNIPEX Tools LP

1. What is the typical salary range (low to high) for most roles at KNIPEX Tools LP?

The typical annual salary range for most roles at KNIPEX Tools LP is approximately from $83,663 to $107,245. 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 KNIPEX Tools LP pay compared to Wattera LLC?

The average annual salary at KNIPEX Tools LP is $95,016, or an hourly wage of $46, in comparison to Wattera LLC which pays $88,814 per year or $43 per hour.

3. Do salaries differ significantly between departments at KNIPEX Tools LP?

Yes, salaries often differ between departments at KNIPEX Tools LP 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 KNIPEX Tools LP?

Experience level is a significant factor in determining salary at KNIPEX Tools LP, 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 KNIPEX Tools LP in Chicago is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at KNIPEX Tools LP?

Several key factors influence salary levels at KNIPEX Tools LP. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: KNIPEX Tools LP likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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