Phoenix Tool Co Salary

Phoenix Tool Co Salary

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As of July 2026, the average annual salary for employees at Phoenix Tool Co in the United States is $84,321. This translates to an approximate hourly wage of $41. Salaries at Phoenix Tool Co typically range from $74,270 to $95,149 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Phoenix Tool Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Phoenix Tool Co. Based on our data, the highest paying job is the Mechanical Designer, with an annual salary of $42,734. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Phoenix Tool Co

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

Is Phoenix Tool Co’s Pay Competitive? Salary Benchmarking Analysis

How does Phoenix Tool Co'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
REB Technologies $84,816
+0.6%
Confirms REB Technologies is a direct competitor vying for the exact same talent pool.
Style Metal Co $88,413
+4.9%
Driven by niche technical certifications required for Style Metal Co's specialized projects.
Kasama $90,502
+7.3%
Data suggests Kasama's workforce skews heavily towards veteran, high-tenure roles.
Bioclimatic Air Systems $93,856
+11.3%
Supported by Bioclimatic Air Systems's high-margin contracts allowing higher overhead.
MFG Durable Industry $121,746
+44.4%
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 Phoenix Tool Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Phoenix Tool Co

Considering a career at Phoenix Tool Co? 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.
Overall, it's a company that values both product quality and people. Expectations are easy to meet, and leadership rarely interferes unless there’s an issue. Safety standards are rigorous, creating a secure workplace environment. This organization offers a stable work environment with a strong emphasis on safety and quality control. The training programs are thorough, ensuring everyone is equipped...
Commented in March 20, 2025
30
0
The job becomes repetitive over time, but management stays out of the way if targets are met. I never feel lost in the shuffle. Equipment is reliable, communication is clear, and output remains consistent. This strong sense of community and mutual respect makes it a truly special place to work every day. Competitive pay with solid benefits keeps employees motivated. Career advancement opportunitie...
Commented in December 28, 2024
32
1
I've been consistently impresseddedication to employee safety and well-being. I've taken part in several skills development workshops and internal certification programs. The career growth opportunities are outstanding. It's a workplace committed to continuous improvement and accountability. The benefits are great, and there's a real effort to ensure a good work-life balance.
Commented in August 27, 2024
34
3

Phoenix Tool Co Overview

Website
www.phoenixtoolcompany.com
Founded In
1948
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1351 Phoenix Rd NE Warren Ohio OH 44483
Revenue
<$5 Million
Phone Number
+1 3303724627
Social Media
About Phoenix Tool Co
Clark S. Fredenburg and his family founded Phoenix Tool Company to supply manufacturers the needed tooling essentials in the Tube and Pipe Form Industries. He started the business specifically for the roll former in mind. Now into the third generation, we still continue working one on one with our customers to achieve the highest quality of products and service. Phoenix Tool is a complete machine

What Benefits Does Phoenix Tool Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Phoenix Tool Co 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)
Work at Phoenix Tool Co?
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What Is the Cost of Living Near Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Phoenix Tool Co.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Phoenix Tool Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Phoenix Tool Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Phoenix Tool Co

1. What is the estimated average total compensation at Phoenix Tool Co?

Salary.com estimates that the average total compensation package at Phoenix Tool Co, which can include base salary, potential bonuses, and benefits, is around $84,321 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Phoenix Tool Co pay compared to REB Technologies?

The average annual salary at Phoenix Tool Co is $84,321, or an hourly wage of $41, in comparison to REB Technologies which pays $84,816 per year or $41 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Phoenix Tool Co?

Salary progression from an entry-level to a senior role at Phoenix Tool Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Phoenix Tool Co in Cleveland is fair given the local cost of living?

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

5. Are promotions at Phoenix Tool Co usually accompanied by a significant salary increase?

Yes, promotions at Phoenix Tool Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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