$650,348 / year
Salary Range: $498,360 - $817,864
Executive
$220,954 / year
Salary Range: $197,930 - $245,605
Engineering
$157,096 / year
Salary Range: $143,416 - $170,725
Information Technology
$95,858 / year
Salary Range: $81,933 - $102,074
Computer Numeric Control
$89,074 / year
Salary Range: $80,370 - $97,234
Project Management
$84,529 / year
Salary Range: $75,075 - $90,763
Mechanical Engineering
$59,339 / year
Salary Range: $52,852 - $61,563
Mechanical Engineering
$53,879 / year
Salary Range: $48,154 - $58,509
Manufacturing
$49,260 / year
Salary Range: $43,944 - $54,095
Manufacturing
$32,649 / year
Salary Range: $29,976 - $35,711
Administrative
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| StoneDeks | $85,259 |
+1.5%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Electric Bike Action | $99,594 |
+18.5%
|
Reflects a supply-demand imbalance for the specific talent Electric Bike Action targets. |
| Schoitz Engineering Inc | $80,144 |
-4.6%
|
Typical compensation structure for smaller regional agencies like Schoitz Engineering Inc. |
| DMA Industries LLC | $83,435 |
-0.7%
|
Indicates identical technical requirements and experience levels between the two firms. |
| MFG Durable Industry | $121,746 |
+44.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$85,259 / year
Salary Range: $75,086 - $96,198
Alliance, OH
$99,594 / year
Salary Range: $87,722 - $112,379
Santa Clarita, CA
$80,144 / year
Salary Range: $70,587 - $90,430
Waterloo, IA
$83,435 / year
Salary Range: $73,455 - $94,210
Tabor City, NC
$87,274 / year
Salary Range: $76,873 - $98,490
Walker, MI
$85,112 / year
Salary Range: $74,958 - $96,039
Toledo, OH
$88,371 / year
Salary Range: $77,835 - $99,722
Columbus, OH
$84,679 / year
Salary Range: $74,582 - $95,551
Benton Harbor, MI
$85,186 / year
Salary Range: $75,031 - $96,125
Kentwood, MI
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $750 - $1,150+ | A significant portion of Master Tool & Mfg Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $35 (CR Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $360 - $540 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $580+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $340 - $630+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,925 - $3,135+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Master Tool & Mfg Inc pays its employees an average of $84,015 per year. The average salary at Master Tool & Mfg Inc range from $73,996 to $94,795 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.
The salary at Master Tool & Mfg Inc is lesser than the similar company. The average annual salary at Master Tool & Mfg Inc is $84,015, or an hourly wage of $40, in comparison to StoneDeks which pays $85,259 per year or $41 per hour.
A President at Master Tool & Mfg Inc typically earns an average annual base salary of around $650,348, with a general range of $498,360 to $817,864.
In many roles at Master Tool & Mfg 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.
Cedar Rapids' Cost of Living Index is approximately 82.5 (17.5% less expensive than US average; 8.2% less than IA average). This significantly impacts the purchasing power of a salary from Master Tool & Mfg Inc based there. Our "Cost of Living Insights for Cedar Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.
Master Tool & Mfg 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 Master Tool & Mfg Inc" section on this page.
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