upper level job

What is the highest and lowest pay for Tool Maker III?

As of December 01, 2024, the average annual pay of Tool Maker III in Little Rock, AR is $75,990. While Salary.com is seeing that the highest pay for Tool Maker III in Little Rock, AR can go up to $92,611 and the lowest down to $58,032, but most earn between $66,590 and $84,690. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Tool Maker III in the United States.

Tool Maker III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $84,690 $7,058 $1,629 $41
Average $75,990 $6,333 $1,461 $37
25th Percentile $66,590 $5,549 $1,281 $32

Average Salary

25% $66,590 10% $58,032 90% $92,611 75% $84,690 $75,990 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Tool Maker III $71,377
Intermediate Level Tool Maker III $72,069
Senior Level Tool Maker III $73,455
Specialist Level Tool Maker III $75,533
Expert Level Tool Maker III $78,756
$71,377 0 yr
$72,069 < 2 yrs
$73,455 2-4 yrs
$75,533 5-8 yrs
$78,756 > 8 yrs
Last Updated on December 01, 2024
Entry Level 6%
Mid Level 5%
Senior Level 3%
Top Level 1%
Experienced 4%
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Last Updated on December 01, 2024

Job Openings of Tool Maker III

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Cost of Living In Little Rock, AR

Cost of Living in Little Rock , AR is
-5.3% Lower
than the National Average
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Best-Paid Skills and Qualifications for Tool Maker III

What skills does a Tool Maker III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Troubleshooting: Troubleshooting is a form of problem solving, often applied to repair failed products or processes on a machine or a system. It is a logical, systematic search for the source of a problem in order to solve it, and make the product or process operational again. Troubleshooting is needed to identify the symptoms. Determining the most likely cause is a process of elimination—eliminating potential causes of a problem. Finally, troubleshooting requires confirmation that the solution restores the product or process to its working state. In general, troubleshooting is the identification or diagnosis of "trouble" in the management flow of a system caused by a failure of some kind. The problem is initially described as symptoms of malfunction, and troubleshooting is the process of determining and remedying the causes of these symptoms. A system can be described in terms of its expected, desired or intended behavior (usually, for artificial systems, its purpose). Events or inputs to the system are expected to generate specific results or outputs. (For example, selecting the "print" option from various computer applications is intended to result in a hardcopy emerging from some specific device). Any unexpected or undesirable behavior is a symptom. Troubleshooting is the process of isolating the specific cause or causes of the symptom. Frequently the symptom is a failure of the product or process to produce any results. (Nothing was printed, for example). Corrective action can then be taken to prevent further failures of a similar kind.

2.

Continuous Improvement: A continual improvement process, also often called a continuous improvement process (abbreviated as CIP or CI), is an ongoing effort to improve products, services, or processes. These efforts can seek "incremental" improvement over time or "breakthrough" improvement all at once. Delivery (customer valued) processes are constantly evaluated and improved in the light of their efficiency, effectiveness and flexibility. Some see CIPs as a meta-process for most management systems (such as business process management, quality management, project management, and program management). W. Edwards Deming, a pioneer of the field, saw it as part of the 'system' whereby feedback from the process and customer were evaluated against organisational goals. The fact that it can be called a management process does not mean that it needs to be executed by 'management'; but rather merely that it makes decisions about the implementation of the delivery process and the design of the delivery process itself.

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Troubleshooting 5.3%
Continuous Improvement 2.65%
Futures 1.62%
Others 90.43%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Tool Maker III higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Process Improvement, you can get a 13% salary raise. If you are good at Continuous Improvement, your salary will increase by 10%. If you are expert in Flexibility, your salary will rise by 9%.
Skill Salary Demand
Process Improvement
$85,869
13%
Continuous Improvement
$83,589
10%
Flexibility
$82,829
9%
Injection Molding
$82,829
9%
Innovation
$82,829
9%
Manufacturing Engineering
$81,309
7%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Tool Maker III is $75,990 per year in Little Rock, AR, updated at December 01, 2024.
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