What is the highest paying job at Master Tech Tool?

Based on our latest data, the highest paying role at Master Tech Tool is Director of Finance and Accounting, earning approximately $191,976 annually.

Where is Master Tech Tool located?

Master Tech Tool is headquartered in MCHENRY, IL, but may have operations in other locations within the MFG Durable sector.

What industry is Master Tech Tool in?

Master Tech Tool operates in the MFG Durable industry.

Master Tech Tool Average Salary and Pay Ranges

Q: What does Master Tech Tool do?

According to the company's overview, Master Tech Tool designs and manufactures plastic injection and vacuum fill seal molds.

Master Tech Tool Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

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Salary at Master Tech Tool

How Much Does Master Tech Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at Master Tech Tool. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Material Handler

$38,718 / year

Salary Range: $35,331 - $43,026

Materials Handling

Technical Support Representative

$49,122 / year

Salary Range: $43,897 - $55,402

Technical Support

Warehouse Lead

$85,170 / year

Salary Range: $74,745 - $96,257

Warehouse

ENTRY LEVEL MANUFACTURING

$53,625 / year

Salary Range: $47,498 - $59,861

Manufacturing

INSPECTOR PACKER

$52,792 / year

Salary Range: $47,257 - $59,281

Quality Assurance

MAINTENANCE TECHNICIAN

$46,734 / year

Salary Range: $41,530 - $52,683

Facilities Operations

PROCESS TECHNICIAN

$78,946 / year

Salary Range: $73,847 - $85,039

Engineering

Turn Insight into Opportunity: Current Job Openings

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About Master Tech Tool: Company Profile

Website

www.mastertechtoolinc.com

Founded In

1993

Employees

50 - 100 employees

Industry

MFG Durable

Headquarter Location

MCHENRY

Revenue

$10 Million - $50 Million

Phone Number

About MASTER TECH TOOL

Master Tech Tool designs and manufactures plastic injection and vacuum fill seal molds.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Master Tech Tool's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.

It's exciting to be part of a company that isn't afraid to invest in the future of manufacturing. Teamwork is highly encouraged here. However, job stability is good and stress levels are low. They offer good health and wellness programs, showing a genuine concern for employee well-being beyond just workplace safety. Regular recognition programs make employees feel valued, contributing to high mora...

Commented in May 15, 2025

You’re encouraged to ask questions and take initiative. However, change and ideas for improvement are often delayed. Training opportunities are provided and it is somehow comprehensive or timely. Tools are provided, but upgrades are infrequent.

Commented in January 03, 2025

Regular quality checks, proactive maintenance, and smart scheduling make this a model manufacturing operation. Safety is emphasized, but innovation seems limited. The company prioritizes employee safety and well-being, offering extensive health and wellness benefits. However, the role can feel monotonous over time due to repetitive responsibilities and limited interaction. Good benefits and retire...

Commented in October 30, 2024

Equipment upgrades happen but can be delayed. From procurement to delivery, everything is thoughtfully managed. The company uses modern machinery and technology, improving productivity and job satisfaction.

Commented in May 12, 2024

It's rare to find a manufacturer that balances scale with such employee-focused values. It's a workplace committed to continuous improvement and accountability. It allows for impressive capabilities while maintaining focus on individual development.

Commented in February 01, 2024

How Master Tech Tool's Salaries Compare to Similar Companies?

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

MASIMO SEMICONDUCTOR

Avg. Salary: $83,272

MEGACHIPS TECHNOLOGY AMERICA CORPORATION

Avg. Salary: $97,606

MULTILAYER TECHNOLOGY

Avg. Salary: $76,771

MICROSCREEN

Avg. Salary: $72,956

MEAN MACHINE COMPUTERS

Avg. Salary: $73,565

MEIVAC

Avg. Salary: $95,780

MILLIMETER WAVE PRODUCTS

Avg. Salary: $73,608

MTECH WISCONSIN

Avg. Salary: $73,203

FLEXRAD

Avg. Salary: $81,761

GLASSIC ARTS STAINED GLASS STUDIO

Avg. Salary: $70,108

GOOCH & HOUSEGO PLC

Avg. Salary: $70,314

CREW BUILDERS

Avg. Salary: $83,731

Is Master Tech Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Master Tech Tool'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
MASIMO SEMICONDUCTOR	$83,272	+8.9%	Reflects a supply-demand imbalance for the specific talent MASIMO SEMICONDUCTOR targets.
MEGACHIPS TECHNOLOGY AMERICA CORPORATION	$97,607	+27.7%	Reflects structural premiums typical of MEGACHIPS TECHNOLOGY AMERICA CORPORATION's large-cap national operations.
MULTILAYER TECHNOLOGY	$76,772	+0.4%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MICROSCREEN	$72,956	-4.6%	Typical compensation structure for smaller regional agencies like MICROSCREEN.
MFG Durable Industry	$121,746	+59.3%	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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Master Tech Tool.

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 Master Tech Tool, 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 Master Tech Tool 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.

Most Common Questions About Master Tech Tool

FAQ 1: What is the estimated average total compensation at Master Tech Tool?

Salary.com estimates that the average total compensation package at Master Tech Tool, which can include base salary, potential bonuses, and benefits, is around $76,447 annually . Total compensation provides a more holistic view of an employee's earnings.

FAQ 2: How much does Master Tech Tool pay compared to MASIMO SEMICONDUCTOR?

The average annual salary at Master Tech Tool is $76,447, or an hourly wage of $37, in comparison to MASIMO SEMICONDUCTOR which pays $83,272 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 Master Tech Tool?

Salary progression from an entry-level to a senior role at Master Tech Tool 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 Master Tech Tool in Chicago is fair given the local cost of living?

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

FAQ 5: Are promotions at Master Tech Tool usually accompanied by a significant salary increase?

Yes, promotions at Master Tech Tool 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.