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Diversified Tool & Development Inc Salary

Diversified Tool & Development Inc Salary

How much does the Diversified Tool & Development Inc Pay for employees?

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As of September 2026, the average weekly salary for employees at Diversified Tool & Development Inc in the United States is $1,566. This translates to an approximate annual wage of $81,409. Salaries at Diversified Tool & Development Inc typically range from $1,379 to $1,766 weekly, reflecting the diverse roles and experience levels within the company. Diversified Tool & Development 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 Diversified Tool & Development Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Diversified Tool & Development 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.
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Current Job Openings at Diversified Tool & Development Inc

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

Is Diversified Tool & Development Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Diversified Tool & Development 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
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Average Salary ($/year)
Diversified Tool & Development Inc
MFG Durable
SPECMAT Inc
Hear Technologies
Industry Comparison
Our data shows that, on average, compensation at Diversified Tool & Development Inc is below the average for the U.S. MFG Durable industry by approximately 33%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Diversified Tool & Development Inc average annual salary with several similar companies. Diversified Tool & Development Inc average salary of $81,409 is higher than SPECMAT Inc, which has an average salary of $81,072. It is lower than Hear Technologies, with their average salary at $81,958. This places Diversified Tool & Development Inc in a mid-range position among its peers.
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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 Diversified Tool & Development Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Diversified Tool & Development Inc

Considering a career at Diversified Tool & Development 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.
Flexible shifts support work-life balance, and the workplace culture values diversity and respect. The company truly invests in its people, offering excellent training programs and clear pathways for career advancement. Pay is fair, and it is somehow outstanding. Pay is fair, and hours are reliable. A decent, routine manufacturing environment.
Commented in April 08, 2025
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Timely deliveries support our tight schedules flawlessly. The leadership team encourages feedback and new ideas. Communication can be inconsistent between shifts. Good benefits and a stable work environment are also major positives. Seeing our products used in demanding applications worldwide reinforces the importance of our daily work. Employees are provided with the tools and training needed to ...
Commented in January 08, 2025
34
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The emphasis on lean manufacturing and quality control has improved customer satisfaction and reduced waste. across various functions – from engineering and production to logistics and quality control – there are numerous pathways for advancement. Projects are well-managed, and success is shared. Supervisors are approachable, and new ideas are always welcomed during team meetings or project update...
Commented in October 29, 2024
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Diversified Tool & Development Inc Overview

Website
www.diversified-tool.com
Founded In
1977
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
151 Hanger Cir Richmond Kentucky KY 40475
Revenue
<$5 Million
Phone Number
+1 8596231444
Social Media
About Diversified Tool & Development Inc
SInce 1977 Diversified Tool & Development, Inc. has been supplying quality parts to a broad range of manufactures. Our commitment is to provide the highest quality at the most reasonable price and to deliver on time.

What Benefits Does Diversified Tool & Development Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diversified Tool & Development 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 Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Diversified Tool & Development Inc.
Richmond's Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 10.1% less than KY average). Central KY city (Eastern KY Univ.), affordable. Rich City RIDE. When planning your budget based on a salary from Diversified Tool & Development Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Diversified Tool & Development Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,940 - $3,110+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Diversified Tool & Development Inc

1. What is the average salary for employees at Diversified Tool & Development Inc?

The average annual total compensation for employees at Diversified Tool & Development Inc is approximately $81,409. However, this is an aggregate figure, actual salaries can range significantly, typically from $71,705 to $91,857, depending on factors like job role, experience, and location.

2. How much does Diversified Tool & Development Inc pay compared to SPECMAT Inc?

The average annual salary at Diversified Tool & Development Inc is $81,409, or an hourly wage of $39, in comparison to SPECMAT Inc which pays $81,072 per year or $39 per hour.

3. What is the lowest salary at Diversified Tool & Development Inc?

The lowest-paying job at Diversified Tool & Development Inc is an Office Manager with a salary of $63,147 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 Diversified Tool & Development Inc?

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

5. Does Diversified Tool & Development Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Richmond?

While some companies offer formal COLA, many, including potentially Diversified Tool & Development Inc, 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 Diversified Tool & Development Inc?

Most companies, likely including Diversified Tool & Development Inc, 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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