Precise Tool Salary

Precise Tool Salary

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As of April 2026, the average annual salary for employees at Precise Tool in the United States is $96,187. This translates to an approximate hourly wage of $46. Salaries at Precise Tool typically range from $84,662 to $108,648 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Precise Tool

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

Is Precise Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Precise Tool'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
MR Marine Group companies $103,750
+7.9%
Supported by MR Marine Group companies's high-margin contracts allowing higher overhead.
Honeybee Robotics Ltd $117,726
+22.4%
Adjusted for higher cost-of-living indices in Honeybee Robotics Ltd's primary metro hubs.
R B Manufacturing Co $109,309
+13.6%
Reflects a supply-demand imbalance for the specific talent R B Manufacturing Co targets.
The Marvel Group Inc $102,210
+6.3%
Influenced by prevailing union wage agreements specific to The Marvel Group Inc's sector.
MFG Durable Industry $121,746
+26.6%
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 Precise Tool's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Precise Tool

Considering a career at Precise Tool? 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.
I always feel protected and informed on the job. Everyone understands their responsibilities, and support is always available. This investment in employee development shows they care about our competence and confidence in performing our roles effectively. The company invests in modern equipment and technology, which helps employees complete tasks effectively and safely. Working here has been a gen...
Commented in March 02, 2025
12
0
Communication between shifts could be better. There’s a real sense of pride in our output. Promotion pathways are available but competitive. I've been with this manufacturer for years, and the stability is fantastic.
Commented in February 14, 2025
24
0
Workload varies, sometimes causing stress. Customer satisfaction is a top priority throughout production. I feel fortunate to be part of this manufacturing team. They also genuinely care about employee input, often implementing suggestions from the shop floor. There are real opportunities for growth here.
Commented in February 01, 2025
40
3
The workplace is functional and it is somehow particularly forward-thinking. The culture emphasizes teamwork, respect, and continuous improvement. Leadership is approachable and supportive, making the workplace feel organized, focused, and motivated for long-term success.
Commented in September 13, 2024
43
0
Cross-training is encouraged, allowing employees to build skills in different areas. I haven’t faced any major issues here, and management generally stays out of the way. The leadership team encourages feedback and new ideas.
Commented in January 19, 2024
49
2

Precise Tool Overview

Website
www.precisetool.com
Founded In
1974
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
9 Coldwater Cres Rochester New York NY 14624
Revenue
$10 Million - $50 Million
Phone Number
+1 5852470700
Social Media
About Precise Tool
In this step we work with your product manager, lead engineer and procurement team to discuss your product needs in terms of product competitiveness. We will collaborate with you on acceptable tolerances, materials used, durability, and appearance. Upon conclusion we have a specification that aligns with both the business and the technical needs. A prototype is created in order to prove feasibilit

What Benefits Does Precise Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Precise Tool 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 Precise Tool?
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What Is the Cost of Living Near Rochester?

Understanding the cost of living near Rochester is key to truly evaluating a salary offer or your current compensation at Precise Tool.
Rochester's Cost of Living Index is approximately 82.3 (17.7% less expensive than US average; 34.2% less than NY average). Western NY city, affordable housing. RTS bus. When planning your budget based on a salary from Precise Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Precise Tool salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $56 (RTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,286 - $3,696+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Precise Tool

1. What is the average salary for employees at Precise Tool?

The average annual total compensation for employees at Precise Tool is approximately $96,187. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,662 to $108,648, depending on factors like job role, experience, and location.

2. How much does Precise Tool pay compared to MR Marine Group companies?

The average annual salary at Precise Tool is $96,187, or an hourly wage of $46, in comparison to MR Marine Group companies which pays $103,750 per year or $50 per hour.

3. What is the lowest salary at Precise Tool?

The lowest-paying job at Precise Tool is a Quality Engineer with a salary of $75,677 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.

4. How does having a professional certification impact salary for relevant roles at Precise Tool?

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 Precise Tool for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Precise Tool offer cost-of-living adjustments (COLA) for employees in high-cost areas like Rochester?

While some companies offer formal COLA, many, including potentially Precise Tool, 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.

6. What's the typical process for salary reviews and raises at Precise Tool?

Most companies, likely including Precise Tool, 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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