Schaffer Tool & Design Inc Salary

As of July 2026, the average annual salary for employees at Schaffer Tool & Design Inc in the United States is $93,603. This translates to an approximate hourly wage of $45. Salaries at Schaffer Tool & Design Inc typically range from $82,444 to $105,624 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Schaffer Tool & Design Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Schaffer Tool & Design Inc. Based on our data, the highest paying job is the President, with an annual salary of $724,569. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Schaffer Tool & Design Inc

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

Is Schaffer Tool & Design Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Schaffer Tool & Design 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
Schroeder Log Home Supply Inc $82,728
-11.6%
Schroeder Log Home Supply Inc operates with a leaner overhead structure, impacting base wage offers.
Laser ISSE $89,711
-4.2%
Laser ISSE may offer non-monetary perks in lieu of competitive base salaries.
Komplet SpA $86,979
-7.1%
Komplet SpA focuses strategically on recruiting and training entry-level apprentices.
Above Board Rustic Wood Signs $83,319
-11.0%
Above Board Rustic Wood Signs likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $121,746
+30.1%
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.

Employee Reviews: Working at Schaffer Tool & Design Inc

Considering a career at Schaffer Tool & Design Inc? 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.
Workplace culture is professional but can feel formal or rigid. There’s very little team engagement, and most employees keep to themselves. This forward-thinking approach, keeps us competitive and at the forefront of the global market. Whether it’s a simple thank you or a more formal acknowledgment, it makes a difference.
Leadership is accessible and responsive to employee feedback. They don't cut corners on necessary equipment or technology. The company maintains a culture of safety, quality, and efficiency, supported by modern technology and equipment. Management actually listens to suggestions and acts on them. It's rewarding to work for a manufacturer that combines technical excellence with such strong employee...
If you like structure and minimal disruptions, it’s a comfortable place to work, and it is somehow overly engaging. The plant floor is organized and clean, and all departments collaborate to meet production goals. Competitive pay and benefits contribute to employee satisfaction.

Schaffer Tool & Design Inc Overview

Website
www.schaffertool.com
Founded In
1981
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3555 Stern Ave Saint Charles Illinois IL 60174
Revenue
<$5 Million
Phone Number
+1 6308763800
Social Media
About Schaffer Tool & Design Inc
Schaffer Tool & Design Offers: Consulting, Engineering and Component Part Design services for High Speed Assembly Pick and Place Assembly Systems Build to Spec. Assembly Systems Standard and High Speed Indexer Assembly Systems Custom High Speed Continuous Motion Assembly Machinery and Systems Schaffer Tool & Design , Inc.: Manufacturers of Custom Designed Machinery for Automation. Call 630-876-380

What Benefits Does Schaffer Tool & Design Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Schaffer Tool & Design Inc 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)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Schaffer Tool & Design Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Schaffer Tool & Design Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Schaffer Tool & Design Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Schaffer Tool & Design Inc

1. What is the typical salary range (low to high) for most roles at Schaffer Tool & Design Inc?

The typical annual salary range for most roles at Schaffer Tool & Design Inc is approximately from $82,444 to $105,624. 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.

2. How much does Schaffer Tool & Design Inc pay compared to Schroeder Log Home Supply Inc?

The average annual salary at Schaffer Tool & Design Inc is $93,603, or an hourly wage of $45, in comparison to Schroeder Log Home Supply Inc which pays $82,728 per year or $40 per hour.

3. How does experience level affect salary at Schaffer Tool & Design Inc?

Experience level is a significant factor in determining salary at Schaffer Tool & Design 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.

4. How can I determine if a salary offer from Schaffer Tool & Design Inc in Chicago is fair given the local cost of living?

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

5. What factors influence salary increases at Schaffer Tool & Design Inc?

Salary increases at Schaffer Tool & Design Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.