Tram Tool Co Inc Salary

As of July 2026, the average annual salary for employees at Tram Tool Co Inc in the United States is $85,987. This translates to an approximate hourly wage of $41. Salaries at Tram Tool Co Inc typically range from $75,737 to $97,027 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Tram Tool Co Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Tram Tool Co Inc. Based on our data, the highest paying job is the Machinist, with an annual salary of $44,713. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Tram Tool Co Inc

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

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

How does Tram 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
Leda Corp $97,727
+13.7%
Reflects a supply-demand imbalance for the specific talent Leda Corp targets.
B5 Systems Inc $86,599
+0.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Aarya Trans Solutions Pvt Ltd $89,331
+3.9%
Driven by niche technical certifications required for Aarya Trans Solutions Pvt Ltd's specialized projects.
Solid Box Corp $101,598
+18.2%
Reflects structural premiums typical of Solid Box Corp's large-cap national operations.
MFG Durable Industry $121,746
+41.6%
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.

Employee Reviews: Working at Tram Tool Co Inc

Considering a career at Tram 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.
Scheduling is usually on time. Everyone understands their role and works toward common goals effectively and professionally. Safety culture is exceptional - incidents are rare and always used as learning opportunities. Great hands-on learning experience. Safety standards are high, and equipment is well-maintained.
Collaborative culture encourages problem-solving and innovation. What stands out is the company's commitment to both operational excellence and employee satisfaction. This shared goal creates a strong sense of unity. Time-off policies and healthcare coverage are especially appreciated among the production team. It's refreshing to work for a manufacturer that balances productivity demands with genu...
The compensation package is competitive, with performance bonuses that recognize hard work. The plant meets industry norms. This dedication makes me proud to be part of their team. Teams collaborate well, and there’s a strong emphasis on keeping everything running efficiently. There's not a lot of engagement beyond daily tasks, and opportunities for feedback are rare.

Tram Tool Co Inc Overview

Website
www.tramtool.com
Founded In
1959
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
10561 Oak Grove Rd Cohoctah Michigan MI 48816
Revenue
<$5 Million
Phone Number
+1 5175464253
Social Media
About Tram Tool Co Inc
Tram Tool Co. Inc. Waterjet cutting, Abbrassive Water jet cutting in Michigan, Michigan Water Jet Cutting ,cnc Mills, Lathes, welding,

What Benefits Does Tram Tool Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tram 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Tram Tool Co Inc.
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 Tram Tool Co Inc, 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 Tram Tool Co Inc 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.

FAQs of Tram Tool Co Inc

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

Salary.com estimates that the average total compensation package at Tram Tool Co Inc, which can include base salary, potential bonuses, and benefits, is around $85,987 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Tram Tool Co Inc pay compared to Leda Corp?

The average annual salary at Tram Tool Co Inc is $85,987, or an hourly wage of $41, in comparison to Leda Corp which pays $97,727 per year or $47 per hour.

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

Salary progression from an entry-level to a senior role at Tram Tool Co Inc 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 Tram Tool Co Inc in Detroit is fair given the local cost of living?

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

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

Yes, promotions at Tram Tool Co Inc 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.