Matrix Tooling Inc Salary

As of April 2026, the average annual salary for employees at Matrix Tooling Inc in the United States is $96,493. This translates to an approximate hourly wage of $46. Salaries at Matrix Tooling Inc typically range from $84,964 to $108,940 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Matrix Tooling Inc

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Is Matrix Tooling Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Matrix Tooling 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
Mint City Tree Service LLC $86,230
-10.6%
Normalized for lower cost-of-living zones where Mint City Tree Service LLC primarily operates.
Star Die Molding Inc $97,168
+0.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
CPI Penang Sdn Bhd $116,935
+21.2%
Adjusted for higher cost-of-living indices in CPI Penang Sdn Bhd's primary metro hubs.
Thermoforming Systems LLC $90,344
-6.4%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+26.2%
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.

Employee Reviews: Working at Matrix Tooling Inc

Considering a career at Matrix Tooling 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.
Management is approachable, and they actively foster a positive and supportive atmosphere on the floor. The work itself is repetitive, but expectations are clear. Knowing the long-term goals and how our work contributes to them is very motivating. Welcoming environment with helpful coworkers.
Management is supportive, offering guidance and opportunities for growth. Work tasks are consistent. The team atmosphere is positive, with frequent recognition of individual and group accomplishments. The manufacturing company maintains a strong focus on teamwork, which leads to efficient production and high-quality products. I enjoy the structure and clarity of my role.
They consistently invest in new equipment and training, which shows a commitment to the future and to us, the employees. Safety protocols are strictly enforced, ensuring a secure workplace. There's great communication between departments, which helps avoid bottlenecks and confusion. there's a real sense of community. I like the structured routine. The company offers competitive pay and benefits, b...
Leadership is transparent, and roles are clearly defined. Communication between departments varies. It’s a place where you can see a long-term future, supported by a management team that genuinely cares about its people and their professional development. From planning to production, operations are efficient and well-coordinated.

Matrix Tooling Inc Overview

Website
www.matrixtooling.com
Founded In
1978
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
949 Aec Dr Wood Dale Illinois IL 60191
Revenue
$10 Million - $50 Million
Phone Number
+1 6305956144
Social Media
About Matrix Tooling Inc
Matrix Tooling Inc is a company that operates in the Plastics industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Wood Dale, Illinois.

What Benefits Does Matrix Tooling Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Matrix Tooling 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Matrix Tooling Inc.
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 Matrix Tooling Inc, 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 Matrix Tooling Inc 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 Matrix Tooling Inc

1. How much does Matrix Tooling Inc in the United States pay?

Matrix Tooling Inc pays its employees an average of $96,493 per year. The average salary at Matrix Tooling Inc range from $84,964 to $108,940 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.

2. Do Matrix Tooling Inc employees get a higher salary than its peer company?

The salary at Matrix Tooling Inc is higher than its peer company. The average annual salary at Matrix Tooling Inc is $96,493, or an hourly wage of $46, in comparison to Mint City Tree Service LLC which pays $86,230 per year or $41 per hour.

3. How much does salary increase with years of experience at Matrix Tooling Inc?

Salary progression with years of experience at Matrix Tooling Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Matrix Tooling Inc vary by office location?

Yes, it's very likely that salaries at Matrix Tooling Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

5. Does Matrix Tooling Inc offer good benefits?

Matrix Tooling Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Matrix Tooling Inc" section on this page.