Diamond Tool Mfg Salary

Diamond Tool Mfg Salary

How much does the Diamond Tool Mfg Pay for employees?

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As of May 2026, the average annual salary for employees at Diamond Tool Mfg in the United States is $89,721. This translates to an approximate hourly wage of $43. Salaries at Diamond Tool Mfg typically range from $79,026 to $101,246 annually, reflecting the diverse roles and experience levels within the company. Diamond Tool Mfg’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 Tool Mfg Pay for Different Roles?

Explore detailed salary information for specific jobs at Diamond Tool Mfg. 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 Diamond Tool Mfg

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

Is Diamond Tool Mfg’s Pay Competitive? Salary Benchmarking Analysis

How does Diamond Tool Mfg’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
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0
Average Salary ($/year)
Diamond Tool Mfg
MFG Durable
Lifefactory Inc
Hanna Lind Ltd
Industry Comparison
Our data shows that, on average, compensation at Diamond Tool Mfg is below the average for the U.S. MFG Durable industry by approximately 26%. 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 Tool Mfg average annual salary with several similar companies. Diamond Tool Mfg average salary of $89,721 is lower than Lifefactory Inc, which has an average salary of $91,114. It is lower than Hanna Lind Ltd, with their average salary at $92,907. This places Diamond Tool Mfg 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.

How Diamond Tool Mfg's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Diamond Tool Mfg

Considering a career at Diamond Tool Mfg? 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.
I’ve found this manufacturing company to be a fantastic place to work. The training programs are top-notch. They offer good health and wellness programs, showing a genuine concern for employee well-being beyond just workplace safety. This drive for improvement keeps the work interesting and ensures the company stays competitive in the long run. Clear processes and helpful training materials.
Commented in May 08, 2025
25
3
This predictability and fairness create a stable and trustworthy work environment where everyone feels they are treated equitably. Coupled with a strong safety record and opportunities for skill development, it’s a manufacturing company I am proud to recommend as a fantastic employer that truly cares. Equipment is modern and well-maintained. Safety standards are good but could improve further. Com...
Commented in February 08, 2025
50
2
Great company values and mission. This ethical approach resonates with many employees and adds to our pride in the organization. Attention to detail, strict safety protocols, and solid teamwork define this manufacturing environment. It's both reassuring and inspiring to be an integral part of a media organization that prioritizes integrity, positive societal impact, and thoughtful content.
Commented in January 17, 2024
50
2

Diamond Tool Mfg Overview

Website
www.diamondtoolmfg.com
Founded In
1986
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
14540 Jib St Plymouth Michigan MI 48170
Revenue
<$5 Million
Phone Number
+1 7344161900
Social Media
About Diamond Tool Mfg
DTM is fully staffed with technicians trained to aid you in improving your processes through the use of superabrasive tooling. Mission Statement:

What Benefits Does Diamond Tool Mfg Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diamond Tool Mfg 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Diamond Tool Mfg.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Diamond Tool Mfg, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Diamond Tool Mfg salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Diamond Tool Mfg

1. What is the average salary for employees at Diamond Tool Mfg?

The average annual total compensation for employees at Diamond Tool Mfg is approximately $89,721. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,026 to $101,246, depending on factors like job role, experience, and location.

2. How much does Diamond Tool Mfg pay compared to Lifefactory Inc?

The average annual salary at Diamond Tool Mfg is $89,721, or an hourly wage of $43, in comparison to Lifefactory Inc which pays $91,114 per year or $44 per hour.

3. What is the lowest salary at Diamond Tool Mfg?

The lowest-paying job at Diamond Tool Mfg is a Front Office Administrator with a salary of $32,220 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 Tool Mfg?

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 Tool Mfg for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Diamond Tool Mfg offer cost-of-living adjustments (COLA) for employees in high-cost areas like Detroit?

While some companies offer formal COLA, many, including potentially Diamond Tool Mfg, 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 Tool Mfg?

Most companies, likely including Diamond Tool Mfg, 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.

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