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Slater Tools Salary

Slater Tools Salary

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As of October 2026, the average annual salary for employees at Slater Tools in the United States is $74,842. This translates to an approximate hourly wage of $36. Salaries at Slater Tools typically range from $65,819 to $84,917 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Slater Tools Pay for Different Roles?

Explore detailed salary information for specific jobs at Slater Tools. 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

Technical Support Representative

$49,122 / year

Salary Range: $43,897 - $55,402

Technical Support

Director of Finance and Accounting

$191,976 / year

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

Management

Business Systems Analyst

$86,076 / year

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

Information Technology

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Slater Tools.
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About Slater Tools: Company Profile

Website
www.slatertools.com
Founded In
1951
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
CLINTON TOWNSHIP
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About SLATER TOOLS
Since the early 1950s, Slater Tools has been dedicated to designing and manufacturing quality precision cutting tools used around the world. Product offerings include rotary broach and punch broach tooling, Go/NoGo inspection gages, spring loaded live centers and screw machine tooling. Through innovation and high standards, our tooling has led the industry, providing dependable and precise solutio

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Slater Tools's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Our facility runs smoothly with minimal downtime, and employee feedback is regularly considered for improving performance and efficiency. Cross-training improves job variety. Skilled colleagues and helpful mentors. Tasks are routine and predictable, with limited opportunity to contribute beyond your main role. There’s structure, but creativity and initiative aren’t emphasized in everyday tasks. I’...
Commented in May 01, 2025
41
1
Diversity is valued, and it creates a much richer and more innovative workplace. Workload intensity varies, sometimes causing stress during peak production. There’s a lot of pride in the products we create. You’ll stay busy, but it’s not usually overwhelming unless someone is out. The career advancement opportunities through apprenticeship programs are exceptional.
Commented in April 30, 2025
47
1
It’s clear they value their workforce and want to attract and retain good people. Support staff are competent but overstretched. However, enforcement of safety protocols can be inconsistent.
Commented in June 08, 2024
8
1
Performance expectations are fair, but the pace can drag during seasons. Workload demands fluctuate, with busy periods causing stress. The organization focuses on employee well-being and process improvement. The continuous improvement mindset keeps the job interesting and rewarding. Modern machinery and technology improve daily operations, and flexible shift options support a healthy work-life bal...
Commented in March 18, 2024
40
1

How Slater Tools's Salaries Compare to Similar Companies?

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

Is Slater Tools’s Pay Competitive? Salary Benchmarking Analysis

How does Slater Tools'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
THE SUPERIOR MOLD & DIE CO $71,477
-4.5%
THE SUPERIOR MOLD & DIE CO operates with a leaner overhead structure, impacting base wage offers.
SPRINGFIELD TOOL & DIE, INC. $69,959
-6.5%
SPRINGFIELD TOOL & DIE, INC. focuses strategically on recruiting and training entry-level apprentices.
SKALIX $73,387
-1.9%
Indicates identical technical requirements and experience levels between the two firms.
SOLDY $79,100
+5.7%
Data suggests SOLDY's workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $121,746
+62.7%
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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Slater Tools.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Slater Tools, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Slater Tools salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART 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) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Slater Tools

FAQ 1: What is the typical salary range (low to high) for most roles at Slater Tools?
The typical annual salary range for most roles at Slater Tools is approximately from $65,819 to $84,917. 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 Slater Tools pay compared to THE SUPERIOR MOLD & DIE CO?
The average annual salary at Slater Tools is $74,842, or an hourly wage of $36, in comparison to THE SUPERIOR MOLD & DIE CO which pays $71,476 per year or $34 per hour.
FAQ 3: How does experience level affect salary at Slater Tools?
Experience level is a significant factor in determining salary at Slater Tools, 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 Slater Tools in Detroit is fair given the local cost of living?
To determine if a salary offer from Slater Tools in Detroit is fair, first compare the gross salary to our data for similar roles at Slater Tools and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Detroit" to understand its purchasing power.
FAQ 5: Are the salaries listed for Slater Tools on Salary.com pre-tax or after-tax?
All salary figures displayed for Slater Tools, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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