Major Tool & Machine Inc Salary

As of July 2026, the average annual salary for employees at Major Tool & Machine Inc in the United States is $100,037. This translates to an approximate hourly wage of $48. Salaries at Major Tool & Machine Inc typically range from $88,025 to $113,050 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Major Tool & Machine Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Major Tool & Machine Inc. Based on our data, the highest paying job is the Vice President, Manufacturing, with an annual salary of $278,033. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Major Tool & Machine Inc

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

Is Major Tool & Machine Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Major Tool & Machine 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
Electromech Technologies LLC $98,318
-1.7%
Suggests Electromech Technologies LLC utilizes a highly similar base-plus-benefits compensation model.
Claridge Products & Equipment Inc $91,862
-8.2%
Reflects market rates for standard general contracting, differing from specialized roles.
T5dc SA $100,470
+0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Bystronic Inc $106,967
+6.9%
Reflects structural premiums typical of Bystronic Inc's large-cap national operations.
MFG Durable Industry $121,746
+21.7%
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 Major Tool & Machine Inc

Considering a career at Major Tool & Machine 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.
If you’re looking for predictability and minimal stress, this could be a good fit. If you’re okay with standing and lifting, it’s a reasonable workplace. Communication is average; could be more transparent. Promotion paths are available but competitive. The camaraderie with my colleagues is one of the best parts of working here.
Great team environment with clear goals and expectations. I've spent 15 years in manufacturing and this is by far the best company I've worked for. Safety standards are rigorous and consistently maintained, which creates a reassuring atmosphere. Employees receive fair benefits and maintain steady employment, though work can be repetitive. Leadership is transparent and proactive, keeping employees ...
There’s a decent balance between routine and task variation. It's a stable, reputable company that genuinely looks after its employees' interests and development. Safety standards are rigorous, creating a secure workplace environment. This flexibility has allowed me to grow and stay engaged with my work every day. They invest in state-of-the-art equipment, making day-to-day tasks safer and more ef...

Major Tool & Machine Inc Overview

Website
www.majortool.com
Founded In
1946
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
1458 E 19th St Indianapolis Indiana IN 46218
Revenue
$50 Million - $200 Million
Phone Number
+1 3176366433
Social Media
About Major Tool & Machine Inc
Headquartered in Indianapolis, Indiana, Major Tool & Machine is an engineering company that works with welding, fabrication, manufacturing of tools, and parts, as well as assembly and testing.

What Benefits Does Major Tool & Machine Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Major Tool & Machine 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Major Tool & Machine Inc.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Major Tool & Machine Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Major Tool & Machine Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Major Tool & Machine Inc

1. What is the average salary for employees at Major Tool & Machine Inc?

The average annual total compensation for employees at Major Tool & Machine Inc is approximately $100,037. However, this is an aggregate figure, actual salaries can range significantly, typically from $88,025 to $113,050, depending on factors like job role, experience, and location.

2. How much does Major Tool & Machine Inc pay compared to Electromech Technologies LLC?

The average annual salary at Major Tool & Machine Inc is $100,037, or an hourly wage of $48, in comparison to Electromech Technologies LLC which pays $98,318 per year or $47 per hour.

3. What is the lowest salary at Major Tool & Machine Inc?

The lowest-paying job at Major Tool & Machine Inc is a Manager, Manufacturing with a salary of $115,301 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Major Tool & Machine Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Major Tool & Machine Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Major Tool & Machine Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Indianapolis?

While some companies offer formal COLA, many, including potentially Major Tool & Machine Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Major Tool & Machine Inc?

Most companies, likely including Major Tool & Machine Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.