Meier Tool Salary

Meier Tool Salary

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As of July 2026, the average annual salary for employees at Meier Tool in the United States is $107,104. This translates to an approximate hourly wage of $51. Salaries at Meier Tool typically range from $94,311 to $121,061 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Meier Tool

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

Is Meier Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Meier 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
Sunoptic Technologies $96,968
-9.5%
Sunoptic Technologies likely leverages performance bonuses over the high base salary shown here.
vTitan Corp $121,312
+13.3%
Influenced by prevailing union wage agreements specific to vTitan Corp's sector.
OMT INTERNATIONAL Inc $122,715
+14.6%
Reflects structural premiums typical of OMT INTERNATIONAL Inc's large-cap national operations.
CAMTRONICS MEDICAL SYSTEMS Ltd $97,506
-9.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Biotechnology Industry $130,524
+21.9%
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 Meier Tool's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Meier Tool

Considering a career at Meier Tool? 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.
The company encourages innovation and continuous education. Management regularly communicates the company’s goals, and they invest in employee engagement. It's a place where your work feels purposeful and where professional growth is aligned with organizational success. Workloads are manageable, though repetitive tasks are common. The company invests in people through training, strong benefits, an...
Commented in March 04, 2025
31
2
Leadership is visible but formal. Career development depends more on timing than performance. The company is forward-thinking, always looking at new technologies and approaches to advance our research and development efforts. Compensation is fair, and the company makes a real effort to foster diversity and inclusion in the workplace. Benefits are decent and it is exceptional. Employees are encoura...
Commented in January 16, 2025
12
0
The collaborative culture makes problem-solving easier, and there’s plenty of opportunity to learn from experienced professionals. Positive environment with passionate colleagues dedicated to advancing medical science and technology. Interactions across teams are functional but rarely strategic. Employees are encouraged to think critically and contribute ideas.
Commented in July 15, 2024
50
1
The company offers competitive benefits, and employees feel motivated by the impactful work they do every day. Focus on sustainability and ethical biotech practices aligns with my personal values. This company excels in fostering innovation while maintaining a strong commitment to employee wellbeing. A technically interesting job with unclear advancement paths. Cross-functional teamwork makes solv...
Commented in January 07, 2024
34
3

Meier Tool Overview

Website
www.meiertool.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
875 Lund Blvd Anoka Minnesota MN 55303
Revenue
$10 Million - $50 Million
Phone Number
+1 7634276275
Social Media
About Meier Tool
Founded in 1979, Meier is headquartered in Anoka, Minnesota. They manufacture metal components for the medical device, aerospace and defense industry. Some of their products include implantable devices, disposable instruments, biopsy forceps, and more.

What Benefits Does Meier Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Meier Tool 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Meier Tool.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Meier Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Meier Tool salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Meier Tool

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

The typical annual salary range for most roles at Meier Tool is approximately from $94,311 to $121,061. 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 Meier Tool pay compared to Sunoptic Technologies?

The average annual salary at Meier Tool is $107,104, or an hourly wage of $51, in comparison to Sunoptic Technologies which pays $96,968 per year or $47 per hour.

3. Do salaries differ significantly between departments at Meier Tool?

Yes, salaries often differ between departments at Meier Tool 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 Meier Tool?

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

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

6. What are the key factors that influence salary levels at Meier Tool?

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

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