Millennium Tool, Inc. Salary

Millennium Tool, Inc. Salary

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As of July 2026, the average annual salary for employees at Millennium Tool, Inc. in the United States is $68,467. This translates to an approximate hourly wage of $33. Salaries at Millennium Tool, Inc. typically range from $60,213 to $77,692 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Millennium Tool, Inc. Pay for Different Roles?

Explore detailed salary information for specific jobs at Millennium Tool, Inc.. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Millennium Tool, Inc..
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About Millennium Tool, Inc.: Company Profile

Website
www.millenniumtoolinc.com
Founded In
1999
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
MADISON
Revenue
<$5 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Millennium Tool, Inc.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
It’s a dependable workplace that helps you improve your skills every day. there's always someone to learn from in our skilled workforce. Leadership encourages open dialogue and invests in employee training and career advancement. It’s refreshing to work for a company that invests in its people. Competitive salaries and benefits help retain talented staff.
Commented in April 11, 2025
27
3
Career progression exists but is influenced by seniority. The company uses modern machinery and technology, improving productivity and job satisfaction. What stands out most is the supportive team environment. Tasks are clearly defined, which helps keep things efficient, there is opportunity for creativity or input.
Commented in November 10, 2024
21
3
Flexible scheduling options contribute to a healthy work-life balance. I’ve worked here for years and still learn something new regularly. It makes coming to work enjoyable and productive. The scale of operations - across multiple plants - provides stability and opportunities to work on diverse projects. Work tasks are consistent. The company's commitment to sustainable practices and community inv...
Commented in September 28, 2024
22
2
it feels like a tight-knit community working towards common goals. Job security is very strong. Safety measures exist but enforcement can be variable. Feedback is immediate and constructive, helping everyone improve quickly.
Commented in February 23, 2024
47
1

How Millennium Tool, Inc.'s Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Millennium Tool, Inc.’s pay competitiveness. Click on a company for a deeper dive.

Is Millennium Tool, Inc.’s Pay Competitive? Salary Benchmarking Analysis

How does Millennium Tool, 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
METAL PUNCH CORPORATION $69,911
+2.1%
Confirms METAL PUNCH CORPORATION is a direct competitor vying for the exact same talent pool.
MDF ENTERPRISES LLC $72,243
+5.5%
Data suggests MDF ENTERPRISES LLC's workforce skews heavily towards veteran, high-tenure roles.
MICHIGAN MOLD, INC. $72,336
+5.7%
Supported by MICHIGAN MOLD, INC.'s high-margin contracts allowing higher overhead.
MOLDPROINC $81,148
+18.5%
Influenced by prevailing union wage agreements specific to MOLDPROINC's sector.
MFG Durable Industry $121,746
+77.8%
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.

What Is the Cost of Living Near Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Millennium Tool, Inc..
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Millennium Tool, 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 Millennium Tool, Inc. salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) 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) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Millennium Tool, Inc.

FAQ 1: What is the typical salary range (low to high) for most roles at Millennium Tool, Inc.?
The typical annual salary range for most roles at Millennium Tool, Inc. is approximately from $60,213 to $77,692. 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.
FAQ 2: How much does Millennium Tool, Inc. pay compared to METAL PUNCH CORPORATION?
The average annual salary at Millennium Tool, Inc. is $68,467, or an hourly wage of $33, in comparison to METAL PUNCH CORPORATION which pays $69,910 per year or $34 per hour.
FAQ 3: How does experience level affect salary at Millennium Tool, Inc.?
Experience level is a significant factor in determining salary at Millennium Tool, Inc., 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.
FAQ 4: How can I determine if a salary offer from Millennium Tool, Inc. in Indianapolis is fair given the local cost of living?
To determine if a salary offer from Millennium Tool, Inc. in Indianapolis is fair, first compare the gross salary to our data for similar roles at Millennium Tool, Inc. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Indianapolis" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Millennium Tool, Inc.?
Several key factors influence salary levels at Millennium Tool, Inc.. 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: Millennium Tool, Inc. likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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