Challenge Tool & Salary

Challenge Tool & Salary

How Much Does Challenge Tool & Pay for employees?

Salaries

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Overview

Reviews

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As of July 2026, the average annual salary for employees at Challenge Tool & in the United States is $64,709. This translates to an approximate hourly wage of $31. Salaries at Challenge Tool & typically range from $56,789 to $73,642 annually, reflecting the diverse roles and experience levels within the company. Challenge Tool &’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Challenge Tool & Pay for Different Roles?

The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.

Treatment Plant Operator II

$67,124 / year

Salary Range: $61,353 - $72,922

Pipeline Technician

Building Maintenance Worker

$52,847 / year

Salary Range: $45,774 - $59,749

Hospitality

Assistant Chief of Fire

$110,320 / year

Salary Range: $90,752 - $133,451

IRA Accounts

Police Officer

$65,601 / year

Salary Range: $61,293 - $71,431

Law Enforcement

Media Production Manager

$112,910 / year

Salary Range: $95,845 - $129,294

Creative Arts

Library Youth Services Coordinator

$106,645 / year

Salary Range: $85,796 - $132,681

Operations

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Challenge Tool &.
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About Challenge Tool &: Company Profile

Website
www.ctm-inc.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
All Industries
Headquarter Location
NEW HAVEN
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About CHALLENGE TOOL &
Challenge Tool is an electrical/electronic manufacturing company based out of 11725 Lincoln Hwy E, New Haven, IN, United States.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Challenge Tool &'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
While there aren’t many standout perks, the basics like health benefits and paid time off are provided. The team is cooperative, and management is fair in its expectations. Leadership communicates clearly, and projects are well-planned. Leadership is accessible, and career development is prioritized. It’s a great environment for both personal and professional growth.
Commented in March 27, 2025
29
0
The workload is steady, and colleagues are professional. I appreciate the flexibility in work arrangements, which allows for a healthy work-life balance. The hybrid work policy is a perfect balance of flexibility and in-person collaboration. The hybrid work options and health benefits are top-notch. The company values employee input and fosters a positive atmosphere. It’s a great place to grow and...
Commented in October 23, 2024
47
0
Projects are well-organized, and teamwork is encouraged. The company provides a structured and efficient work environment. Career advancement opportunities are plentiful. Leadership values employee input, and there’s a clear effort to maintain transparency.
Commented in May 27, 2024
35
1
The company also invests in training and upskilling, which is a huge plus. Projects are well-organized, and expectations are clear. Overall, it’s a fair place to work. The team here is amazing—collaborative, skilled, and supportive. Professional development is prioritized, with many training opportunities.
Commented in February 17, 2024
49
2

How Challenge Tool &'s Salaries Compare to Similar Companies?

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

Is Challenge Tool &’s Pay Competitive? Salary Benchmarking Analysis

How does Challenge Tool &’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Challenge Tool &
All Industries
CARLISLE MACHINE SHOP INC
CHICAGO POWDERED METAL PRODUCTS COMPANY
Industry Comparison
Our data shows that, on average, compensation at Challenge Tool & is below the average for the U.S. All Industries industry by approximately 46%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Challenge Tool & average annual salary with several similar companies. Challenge Tool & average salary of $64,709 is lower than CARLISLE MACHINE SHOP INC, which has an average salary of $68,487. It is lower than CHICAGO POWDERED METAL PRODUCTS COMPANY, with their average salary at $74,058. This places Challenge Tool & in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

What Is the Cost of Living Near Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Challenge Tool &.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Challenge Tool &, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Challenge Tool & salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Challenge Tool &

FAQ 1: How much does a Challenge Tool & employee make?
Challenge Tool & pays its employees an average of $64,709 per year. The average salary at Challenge Tool & range from $56,789 to $73,642 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.
FAQ 2: Which similar company tend to pay more or less than Challenge Tool &?
The salary at Challenge Tool & is lesser than the similar company. The average annual salary at Challenge Tool & is $64,709, or an hourly wage of $31, in comparison to CARLISLE MACHINE SHOP INC which pays $68,487 per year or $33 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Challenge Tool &?
In many roles at Challenge Tool &, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Indianapolis affect the perceived value of a Challenge Tool & salary?
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). This significantly impacts the purchasing power of a salary from Challenge Tool & based there. Our "Cost of Living Insights for Indianapolis" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Challenge Tool & typically offer employees?
Challenge Tool & generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Challenge Tool &" section on this page.

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