Swanson Tool Co Inc Salary

As of July 2026, the average annual salary for employees at Swanson Tool Co Inc in the United States is $92,084. This translates to an approximate hourly wage of $44. Salaries at Swanson Tool Co Inc typically range from $81,106 to $103,916 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Swanson Tool Co Inc

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Is Swanson Tool Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Swanson Tool Co 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
V & B Manufacturing Co $80,661
-12.4%
Reflects market rates for standard general contracting, differing from specialized roles.
Planter Inc $97,284
+5.6%
Supported by Planter Inc's high-margin contracts allowing higher overhead.
Lederle Machine Co $85,935
-6.7%
Normalized for lower cost-of-living zones where Lederle Machine Co primarily operates.
Black Cat Blasting LLC $88,223
-4.2%
Black Cat Blasting LLC operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $121,746
+32.2%
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 Swanson Tool Co Inc

Considering a career at Swanson Tool Co 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.
Modern machinery and technology improve daily operations, helping employees perform efficiently. Equipment is well-maintained, and expectations are clear. Management does its job, but employee input is rarely acted upon quickly. Everyone contributes to a respectful workplace.
I appreciate the company's dedication to innovation and excellence, which extends to how they treat their employees. What stands out is the culture of mutual respect across all levels and departments. It feels wonderful and deeply fulfilling to work for an organization that genuinely values giving back to society and making a positive, meaningful cultural impact beyond its core business operations...
The competitive pay and solid benefits are also a significant plus, contributing to overall job satisfaction and long-term commitment. Management recognizes that experienced production workers are the company's greatest asset. The job is particularly stimulating, and there’s no limited opportunity for creativity or engagement. Employees at this company benefit from a collaborative culture that enc...

Swanson Tool Co Inc Overview

Website
www.swansontoolco.com
Founded In
1925
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
211 Ontario St Frankfort Illinois IL 60423
Revenue
$5 Million - $10 Million
Phone Number
+1 8154699453
Social Media
About Swanson Tool Co Inc
About Swanson Tool Company (www.swansontoolco.com) Swanson Tool Company, Inc. is a leading manufacturer of innovative layout, leveling and measuring tools. The Frankfort, Ill.-based company pioneered the SPEED® Square in 1925, still a mainstay of professional builders. The company continues to design carpentry, layout, leveling and measuring tools for builders, carpenters, plumbers, electricians a

What Benefits Does Swanson Tool Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Swanson Tool Co 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 Swanson Tool Co 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 Swanson Tool Co 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 Swanson Tool Co 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 Swanson Tool Co Inc

1. How much does Swanson Tool Co Inc in the United States pay?

Swanson Tool Co Inc pays its employees an average of $92,084 per year. The average salary at Swanson Tool Co Inc range from $81,106 to $103,916 per year. 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. Do Swanson Tool Co Inc employees get a higher salary than its peer company?

The salary at Swanson Tool Co Inc is higher than its peer company. The average annual salary at Swanson Tool Co Inc is $92,084, or an hourly wage of $44, in comparison to V & B Manufacturing Co which pays $80,661 per year or $39 per hour.

3. What are the highest paying jobs at Swanson Tool Co Inc?

The higher-paying job at Swanson Tool Co Inc, according to our data, include Chief Administrative Officer (avg. $243,728 per year), Director, Key Accounts (avg. $144,215 per year), and Office Administrator (avg. $127,495 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Swanson Tool Co Inc?

Salary progression with years of experience at Swanson Tool Co Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Swanson Tool Co Inc vary by office location?

Yes, it's very likely that salaries at Swanson Tool Co Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

6. Does Swanson Tool Co Inc offer good benefits?

Swanson Tool Co Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Swanson Tool Co Inc" section on this page.