Machine Tool Bids Salary

Machine Tool Bids Salary

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As of June 2026, the average annual salary for employees at Machine Tool Bids in the United States is $95,438. This translates to an approximate hourly wage of $46. Salaries at Machine Tool Bids typically range from $83,929 to $107,916 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Machine Tool Bids Pay for Different Roles?

Explore detailed salary information for specific jobs at Machine Tool Bids. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $738,776. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Machine Tool Bids

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

Is Machine Tool Bids’s Pay Competitive? Salary Benchmarking Analysis

How does Machine Tool Bids'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
Gold International Machinery Corp $95,987
+0.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Treasure Island Coins Inc $84,331
-11.6%
Treasure Island Coins Inc focuses strategically on recruiting and training entry-level apprentices.
J2 Electronics Group $98,023
+2.7%
Indicates identical technical requirements and experience levels between the two firms.
American Jewelry $90,523
-5.2%
American Jewelry likely leverages performance bonuses over the high base salary shown here.
Retail & Wholesale Industry $123,318
+29.2%
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 Machine Tool Bids's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Machine Tool Bids

Considering a career at Machine Tool Bids? 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.
Hours fit my schedule well. The company offers competitive pay and great health benefits. The company culture is welcoming and inclusive. The leadership team is forward-thinking, and they invest in employee development.
Commented in February 07, 2025
33
0
The benefits are above average for retail, and the company hosts fun team-building events. I’ve had a very positive experience working here. Career growth is encouraged. Good benefits package, including health insurance and performance bonuses. Management is supportive and recognizes hard work. Colleagues are cooperative, and shifts are scheduled fairly. The pay is competitive for the industry, an...
Commented in October 04, 2024
34
3
The benefits package is one of the best in the industry. The retail environment is clean, and training is provided. This is a fantastic company to work for.
Commented in March 26, 2024
9
3

Machine Tool Bids Overview

Website
www.machinetoolbids.com
Founded In
2012
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1639 W Walnut St Chicago Illinois IL 60612
Revenue
<$5 Million
Phone Number
+1 3126041850
Social Media
About Machine Tool Bids
Machine Tool Bids is a digital marketplace where machinists can buy and sell used industrial equipment securely and confidently. MachineToolBids.com offers a large inventory of machinery in a single online storefront, ranging from late model CNC metalworking and fabrication machinery to conventional machine tools and retrofits. In this upcoming auction, MTB is selling a radial drill, several VMCs,

What Benefits Does Machine Tool Bids Offer Beyond Salary?

A competitive compensation package is more than just a salary. Machine Tool Bids 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 Machine Tool Bids.
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 Machine Tool Bids, 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 Machine Tool Bids 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 Machine Tool Bids

1. What is the typical salary range (low to high) for most roles at Machine Tool Bids?

The typical annual salary range for most roles at Machine Tool Bids is approximately from $83,929 to $107,916. 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 Machine Tool Bids pay compared to Gold International Machinery Corp?

The average annual salary at Machine Tool Bids is $95,438, or an hourly wage of $46, in comparison to Gold International Machinery Corp which pays $95,987 per year or $46 per hour.

3. Do salaries differ significantly between departments at Machine Tool Bids?

Yes, salaries often differ between departments at Machine Tool Bids 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 Machine Tool Bids?

Experience level is a significant factor in determining salary at Machine Tool Bids, 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 Machine Tool Bids in Chicago is fair given the local cost of living?

To determine if a salary offer from Machine Tool Bids in Chicago is fair, first compare the gross salary to our data for similar roles at Machine Tool Bids 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 Machine Tool Bids?

Several key factors influence salary levels at Machine Tool Bids. 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: Machine Tool Bids likely benchmarks its salaries against other companies in the Retail & Wholesale sector. You can explore how these factors play out in our detailed salary data.

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