Meyer Tool & Mfg Inc Salary

As of April 2026, the average annual salary for employees at Meyer Tool & Mfg Inc in the United States is $105,744. This translates to an approximate hourly wage of $51. Salaries at Meyer Tool & Mfg Inc typically range from $93,001 to $119,549 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Meyer Tool & Mfg Inc

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Is Meyer Tool & Mfg Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Meyer Tool & Mfg 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
Defiance Metal Products $99,183
-6.2%
Defiance Metal Products focuses strategically on recruiting and training entry-level apprentices.
Waxman Consumer Products $104,510
-1.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
SHIROKI North America Inc $110,944
+4.9%
Adjusted for higher cost-of-living indices in SHIROKI North America Inc's primary metro hubs.
Southern Energy Homes Inc $99,425
-6.0%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+15.1%
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 Meyer Tool & Mfg Inc

Considering a career at Meyer Tool & Mfg 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.
This investment in employee development shows they care about our competence and confidence in performing our roles effectively. One of the best places I’ve worked in manufacturing. Company provides tools and resources needed. This transparency builds trust and makes you feel like a true partner in the business. I’ve built great relationships and gained confidence in my role here.
Communication from leadership is formal and sometimes delayed. The production scheduling is well-planned, avoiding the stressful crunch periods common in manufacturing. I enjoy the structure here. Employees receive fair benefits and maintain steady employment, though work can be repetitive. At this manufacturing company, employees benefit from a strong focus on safety, quality, and continuous impr...
Tools and equipment are maintained well. The manufacturing environment is fast-paced but supportive. Seeing our products ship to satisfied customers worldwide makes every day rewarding. I was impressed with the detailed safety protocols and welcoming environment.
A clean, safe facility with well-maintained equipment. It’s rare to find such a structured yet flexible environment. The manufacturing firm prioritizes safety, teamwork, and employee development. Flexible scheduling options contribute to a healthy work-life balance.

Meyer Tool & Mfg Inc Overview

Website
www.meyertool.com
Founded In
1969
Employees
1,000 - 3,000 employees
Industry
MFG Durable
Headquarter Address
3055 Colerain Ave Cincinnati Ohio OH 45225
Revenue
$50 Million - $200 Million
Phone Number
+1 5138534400
Social Media
About Meyer Tool & Mfg Inc
Meyer Tool, founded in 1951 and based in Cincinnati, OH is a privately held, manufacturing company supplying a variety of components to the aerospace and gas turbine engine industries.

What Benefits Does Meyer Tool & Mfg Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Meyer Tool & Mfg 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 Cincinnati?

Understanding the cost of living near Cincinnati is key to truly evaluating a salary offer or your current compensation at Meyer Tool & Mfg Inc.
Cincinnati's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 6.1% less than OH average). SW OH city, affordable housing. Metro bus, Connector streetcar (free). When planning your budget based on a salary from Meyer Tool & Mfg 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 Meyer Tool & Mfg Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Metro monthly pass, Connector free) 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) $2,250 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Meyer Tool & Mfg Inc

1. How much does a Meyer Tool & Mfg Inc employee make?

Meyer Tool & Mfg Inc pays its employees an average of $105,744 per year. The average salary at Meyer Tool & Mfg Inc range from $93,001 to $119,549 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. Which similar company tend to pay more or less than Meyer Tool & Mfg Inc?

The salary at Meyer Tool & Mfg Inc is higher than the similar company. The average annual salary at Meyer Tool & Mfg Inc is $105,744, or an hourly wage of $51, in comparison to Defiance Metal Products which pays $99,183 per year or $48 per hour.

3. How much does a President typically earn at Meyer Tool & Mfg Inc?

A President at Meyer Tool & Mfg Inc typically earns an average annual base salary of around $818,549, with a general range of $626,360 to $1,031,430.

4. Do employees with advanced degrees (Master's, PhD) earn more at Meyer Tool & Mfg Inc?

In many roles at Meyer 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.

5. How does the cost of living near Cincinnati affect the perceived value of a Meyer Tool & Mfg Inc salary?

Cincinnati's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 6.1% less than OH average). This significantly impacts the purchasing power of a salary from Meyer Tool & Mfg Inc based there. Our "Cost of Living Insights for Cincinnati" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Meyer Tool & Mfg Inc typically offer employees?

Meyer 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 Meyer Tool & Mfg Inc" section on this page.