Tool Design Engineer Salary at Meyer Tool & Mfg Inc BETA

How much does a Meyer Tool & Mfg Inc Tool Design Engineer make?

As of March 2025, the average annual salary for a Tool Design Engineer at Meyer Tool & Mfg Inc is $106,391, which translates to approximately $51 per hour. Salaries for Tool Design Engineer at Meyer Tool & Mfg Inc typically range from $94,358 to $114,464, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Meyer Tool & Mfg Inc Overview

Website:
meyertool.com
Size:
1,000 - 3,000 Employees
Revenue:
$50M - $200M
Industry:
MFG Durable

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.

See similar companies related to Meyer Tool & Mfg Inc

What Skills Does a person Need at Meyer Tool & Mfg Inc?

At Meyer Tool & Mfg Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Bidding: Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service or a demand that something be done. Bidding is used to determine the cost or value of something.
  3. Quotations: A quotation is the repetition of a sentence, phrase, or passage from speech or text that someone has said or written. In oral speech, it is the representation of an utterance that is introduced by a quotative marker, such as a verb of saying.
  4. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  5. Construction Estimating: Forecasting the total costs of building a structure to prevent business loss and protect profit margin.

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Check more jobs information at Meyer Tool & Mfg Inc

Job Title Average Meyer Tool & Mfg Inc Salary Hourly Rate
2 Blender $38,515 $19
3 Braze Technician $53,567 $26
4 Business Development $80,952 $39
5 Ci Specialist $221,967 $107
6 Controls Engineer $121,012 $58
7 Controls Programmer $72,329 $35
8 Deputy Director $311,473 $150
9 Designer $58,265 $28
10 Director, Accounting $186,105 $89
11 Executive Administrative Assistant $84,818 $41
12 Finance Officer $128,257 $62
13 HR Assistant $51,396 $25

Hourly Pay at Meyer Tool & Mfg Inc

The average hourly pay at Meyer Tool & Mfg Inc for a Tool Design Engineer is $51 per hour. The location, department, and job description all have an impact on the typical compensation for Meyer Tool & Mfg Inc positions. The pay range and total remuneration for the job title are shown in the table below. Meyer Tool & Mfg Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $106,391 look to you?

FAQ about Salary and Jobs at Meyer Tool & Mfg Inc

1. How much does Meyer Tool & Mfg Inc pay per hour?
The average hourly pay is $51. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Meyer Tool & Mfg Inc?
According to the data, the highest approximate salary is about $114,464 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Meyer Tool & Mfg Inc?
According to the data, the lowest estimated salary is about $94,358 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.