$644,551 / year
Salary Range: $493,916 - $810,605
Executive
$376,005 / year
Salary Range: $296,492 - $475,728
Executive
$114,415 / year
Salary Range: $104,166 - $123,936
Engineering Management
$88,280 / year
Salary Range: $79,653 - $96,371
Project Management
$64,587 / year
Salary Range: $56,999 - $72,430
Management
$54,033 / year
Salary Range: $47,923 - $61,874
Manufacturing
$53,399 / year
Salary Range: $47,725 - $57,989
Manufacturing
$93,972 / year
Salary Range: $82,765 - $106,038
Lonsdale, MN
$94,341 / year
Salary Range: $83,095 - $106,465
Salisbury, MD
$83,519 / year
Salary Range: $73,556 - $94,234
Lewiston, MI
$88,002 / year
Salary Range: $77,514 - $99,307
Richmond, VA
$93,624 / year
Salary Range: $82,463 - $105,648
Annapolis, MD
$85,871 / year
Salary Range: $75,627 - $96,893
Concord, NC
$83,361 / year
Salary Range: $73,400 - $94,088
Quincy, IL
$87,274 / year
Salary Range: $76,864 - $98,478
Rochester, NY
$82,854 / year
Salary Range: $72,969 - $93,491
Meadville, PA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,400 - $2,100+ | A significant portion of Diamond Tool & Engineering Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $230 (Heating significant) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $120 (Metro Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $630 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $720+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,920 - $4,480+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Diamond Tool & Engineering Inc pays its employees an average of $83,266 per year. The average salary at Diamond Tool & Engineering Inc range from $73,336 to $93,954 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.
The salary at Diamond Tool & Engineering Inc is lesser than the similar company. The average annual salary at Diamond Tool & Engineering Inc is $83,266, or an hourly wage of $40, in comparison to Minnesota Millwork & Fixtures which pays $93,972 per year or $45 per hour.
A President at Diamond Tool & Engineering Inc typically earns an average annual base salary of around $644,551, with a general range of $493,916 to $810,605.
In many roles at Diamond Tool & Engineering Inc, 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.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Diamond Tool & Engineering Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.
Diamond Tool & Engineering Inc 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 Diamond Tool & Engineering Inc" section on this page.
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