$440,404 / year
Salary Range: $347,210 - $557,538
Executive
$128,512 / year
Salary Range: $117,363 - $137,441
Information Technology
$105,736 / year
Salary Range: $91,597 - $115,805
Quality Management
$70,202 / year
Salary Range: $62,656 - $76,893
Merchandise Planning
$66,049 / year
Salary Range: $59,945 - $72,350
Human Resources
$59,731 / year
Salary Range: $52,401 - $66,586
Contracts Administration
$45,708 / year
Salary Range: $41,071 - $50,624
Quality Assurance
$44,030 / year
Salary Range: $39,960 - $49,075
Shipping
$37,662 / year
Salary Range: $34,884 - $40,828
Shipping
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| V I Engineering Inc | $95,006 |
-2.6%
|
Confirms V I Engineering Inc is a direct competitor vying for the exact same talent pool. |
| Royal Pallets | $88,519 |
-9.2%
|
Royal Pallets may offer non-monetary perks in lieu of competitive base salaries. |
| Excalibur Mineral Corp | $86,346 |
-11.5%
|
Normalized for lower cost-of-living zones where Excalibur Mineral Corp primarily operates. |
| Springs Road Healthcare | $99,995 |
+2.5%
|
Suggests Springs Road Healthcare utilizes a highly similar base-plus-benefits compensation model. |
| MFG Durable Industry | $121,746 |
+24.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$95,006 / year
Salary Range: $83,654 - $107,270
Farmington, MI
$88,519 / year
Salary Range: $77,954 - $99,905
Grandville, MI
$86,346 / year
Salary Range: $76,011 - $97,515
Charlottesville, VA
$99,995 / year
Salary Range: $88,062 - $112,855
Vallejo, CA
$117,948 / year
Salary Range: $103,859 - $133,170
San Jose, CA
$86,641 / year
Salary Range: $76,286 - $97,819
Hutto, TX
$89,932 / year
Salary Range: $79,191 - $101,539
Caledonia, MI
$92,095 / year
Salary Range: $81,088 - $103,977
Bakersfield,
$89,447 / year
Salary Range: $78,761 - $100,990
Indianapolis, IN
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,400 - $2,200+ | A significant portion of Olympic Tool & Machine Corp salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $96 (SEPTA TransPass monthly) | 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 | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $730+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,866 - $4,566+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Olympic Tool & Machine Corp is approximately $97,527. However, this is an aggregate figure, actual salaries can range significantly, typically from $85,881 to $110,111, depending on factors like job role, experience, and location.
The average annual salary at Olympic Tool & Machine Corp is $97,527, or an hourly wage of $47, in comparison to V I Engineering Inc which pays $95,006 per year or $46 per hour.
The lowest-paying job at Olympic Tool & Machine Corp is a Shipper with a salary of $37,662 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Olympic Tool & Machine Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Olympic Tool & Machine Corp, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Olympic Tool & Machine Corp, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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