Diamond Precision Products Salary

How much does the Diamond Precision Products Pay for employees?

As of July 2026, the average annual salary for employees at Diamond Precision Products in the United States is $96,187. This translates to an approximate hourly wage of $46. Salaries at Diamond Precision Products typically range from $84,671 to $108,660 annually, reflecting the diverse roles and experience levels within the company. Diamond Precision Products’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 Diamond Precision Products Pay for Different Roles?

Explore detailed salary information for specific jobs at Diamond Precision Products. 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.
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Current Job Openings at Diamond Precision Products

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

Is Diamond Precision Products’s Pay Competitive? Salary Benchmarking Analysis

How does Diamond Precision Products’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
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Average Salary ($/year)
Diamond Precision Products
MFG Durable
Exlar Corp
1975 Edisto Manufacturing Co. Inc
Industry Comparison
Our data shows that, on average, compensation at Diamond Precision Products is below the average for the U.S. MFG Durable industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Diamond Precision Products average annual salary with several similar companies. Diamond Precision Products average salary of $96,187 is lower than Exlar Corp, which has an average salary of $102,811. It is higher than 1975 Edisto Manufacturing Co. Inc, with their average salary at $94,594. This places Diamond Precision Products in a mid-range position among its peers.
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Employee Reviews: Working at Diamond Precision Products

Considering a career at Diamond Precision Products? 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.
Some departments work better than others, depending on leadership. Break areas could use improvement. Equipment is well-maintained, and expectations are clear. Training is offered but can lack customization.
Communication is formal to address employee concerns. What I appreciate most about this manufacturer is its balanced approach. They offer numerous opportunities for skill enhancement and career progression, actively promoting from within. The pace can be repetitive depending on your station. The company runs well, but morale fluctuates. From onboarding to regular workdays, the process is smooth an...
Competitive pay and benefits attract and retain talent. Employees enjoy working in a well-structured environment that prioritizes safety and teamwork. Leadership is accessible and responsive to employee feedback. The production facilities are modern and well-maintained, with cutting-edge automation that enhances our work rather than replacing it.

Diamond Precision Products Overview

Website
www.diamondprecision.com
Founded In
1974
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
11000 W Heather Ave Milwaukee Wisconsin WI 53224
Revenue
$10 Million - $50 Million
Phone Number
+1 4144340111
Social Media
About Diamond Precision Products
With two plants located in Johnson Creek and Milwaukee Wisconsin, Diamond Precision Products specializes in engineering and implementing production machining solutions that optimize efficiency and ensure repeatability. This engineering, combined with our extensive experience in turning and milling, allow us to provide high tolerance parts made from a wide range of materials at a competitive price.

What Benefits Does Diamond Precision Products Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diamond Precision Products 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Diamond Precision Products.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Diamond Precision Products, 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 Diamond Precision Products salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS 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 $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Diamond Precision Products

1. What is the average salary for employees at Diamond Precision Products?

The average annual total compensation for employees at Diamond Precision Products is approximately $96,187. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,671 to $108,660, depending on factors like job role, experience, and location.

2. How much does Diamond Precision Products pay compared to Exlar Corp?

The average annual salary at Diamond Precision Products is $96,187, or an hourly wage of $46, in comparison to Exlar Corp which pays $102,811 per year or $49 per hour.

3. What is the lowest salary at Diamond Precision Products?

The lowest-paying job at Diamond Precision Products is a Transport Manager with a salary of $92,909 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Diamond Precision Products?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Diamond Precision Products for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Diamond Precision Products offer cost-of-living adjustments (COLA) for employees in high-cost areas like Milwaukee?

While some companies offer formal COLA, many, including potentially Diamond Precision Products, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Diamond Precision Products?

Most companies, likely including Diamond Precision Products, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.