Choice Tool Inc Salary

Choice Tool Inc Salary

How much does the Choice Tool Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Choice Tool Inc in the United States is $93,202. This translates to an approximate hourly wage of $45. Salaries at Choice Tool Inc typically range from $82,087 to $105,172 annually, reflecting the diverse roles and experience levels within the company. Choice Tool Inc’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 Choice Tool Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Choice Tool Inc. 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.
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 accurate does the salary look to you?

Current Job Openings at Choice Tool Inc

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

Is Choice Tool Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Choice Tool Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
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90k
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Average Salary ($/year)
Choice Tool Inc
MFG Durable
American Die and Rollforming
Star Engineering & Machine Co Inc
Industry Comparison
Our data shows that, on average, compensation at Choice Tool Inc is below the average for the U.S. MFG Durable industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Choice Tool Inc average annual salary with several similar companies. Choice Tool Inc average salary of $93,202 is lower than American Die and Rollforming, which has an average salary of $95,829. It is higher than Star Engineering & Machine Co Inc, with their average salary at $80,450. This places Choice Tool Inc in a mid-range 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.

How Choice Tool Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Choice Tool Inc. Click a company name to learn more.

Employee Reviews: Working at Choice Tool Inc

Considering a career at Choice Tool 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.
Good for consistent work, less suitable for those seeking active professional development or leadership growth. Workflow processes work but sometimes lack flexibility. Supervisors provide clear guidance and support. The leadership team fosters a culture of respect, and the shift schedules are stable.
Commented in April 20, 2025
28
2
There’s room to take initiative and suggest process improvements. Employees who prefer routine may find this a good fit. I've been consistently impresseddedication to employee safety and well-being.
Commented in February 18, 2025
42
2
The culture is professional but occasionally bureaucratic, limiting rapid changes or innovation. Entry-level roles offer decent stability but limited room to grow unless you push for advancement. This organization offers a stable work environment with a strong emphasis on safety and quality control.
Commented in December 30, 2024
43
3

Choice Tool Inc Overview

Website
www.choicetoolinc.com
Founded In
2006
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
4430 Loretta Ln Minnetonka Minnesota MN 55345
Revenue
<$5 Million
Phone Number
+1 7637852769
Social Media
About Choice Tool Inc
At Choice Tool Inc. we are committed to producing fine quality tools using the latest technology available. We deliver to our customers a top notch product, on time, and at a fair price. Our goal is to satisfy you and your customers.

What Benefits Does Choice Tool Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Choice Tool 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 Minnetonka?

Understanding the cost of living near Minnetonka is key to truly evaluating a salary offer or your current compensation at Choice Tool Inc.
Minnetonka's Cost of Living Index is approximately 118.2 (18.2% more expensive than US average; 21.7% more than MN average). Affluent Mpls suburb, Lake Minnetonka, very high housing costs. Metro Transit. When planning your budget based on a salary from Choice Tool 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 Choice Tool Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation Metro Transit (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,210 - $5,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Choice Tool Inc

1. What is the typical salary range (low to high) for most roles at Choice Tool Inc?

The typical annual salary range for most roles at Choice Tool Inc is approximately from $82,087 to $105,172. 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. How much does Choice Tool Inc pay compared to American Die and Rollforming?

The average annual salary at Choice Tool Inc is $93,202, or an hourly wage of $45, in comparison to American Die and Rollforming which pays $95,829 per year or $46 per hour.

3. Do salaries differ significantly between departments at Choice Tool Inc?

Yes, salaries often differ between departments at Choice Tool Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Choice Tool Inc?

Experience level is a significant factor in determining salary at Choice Tool Inc, 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.

5. How can I determine if a salary offer from Choice Tool Inc in Minnetonka is fair given the local cost of living?

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

6. Are the salaries listed for Choice Tool Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Choice Tool Inc, 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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