Diversified Tool Salary

Diversified Tool Salary

How much does the Diversified Tool Pay for employees?

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As of August 2026, the average annual salary for employees at Diversified Tool in the United States is $83,741. This translates to an approximate hourly wage of $40. Salaries at Diversified Tool typically range from $73,739 to $94,527 annually, reflecting the diverse roles and experience levels within the company. Diversified Tool’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.
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Current Job Openings at Diversified Tool

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Is Diversified Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Diversified Tool’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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Average Salary ($/year)
Diversified Tool
MFG Durable
2220 Industries Inc
The One Mold
Industry Comparison
Our data shows that, on average, compensation at Diversified Tool is below the average for the U.S. MFG Durable industry by approximately 31%. 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 average annual salary with several similar companies. Diversified Tool average salary of $83,741 is lower than 2220 Industries Inc, which has an average salary of $102,685. It is lower than The One Mold, with their average salary at $90,533. This places Diversified Tool in a developing position among its peers.
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How Diversified Tool'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. Click a company name to learn more.

Employee Reviews: Working at Diversified Tool

Considering a career at Diversified Tool? 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.
It’s clear they value their workforce and want to attract and retain good people. Flexible work schedules and safety initiatives enhance employee satisfaction. It’s fine for steady work without much variation. Processes are somewhat outdated, but they still function. Management understands that happy employees produce quality work, and it shows in both our working conditions and the products we sh...
Commented in April 06, 2025
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Modern equipment and technology improve daily work. Equipment and technology are regularly updated to ensure productivity and safety. Cross-training is encouraged, allowing employees to build skills in different areas. What impresses me most is how the company invests in employee development - from technical certifications to leadership training programs. The training programs helped me upskill qu...
Commented in October 30, 2024
24
1
Benefits surpass industry standards, including health coverage and retirement plans. Leadership is visible and accessible, promoting open dialogue. Equipment updates happen often.
Commented in February 08, 2024
42
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Diversified Tool Overview

Website
www.diversifiedtoolco.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
2004 W 16th St Erie Pennsylvania PA 16505
Revenue
$5 Million - $10 Million
Phone Number
+1 7248643957
Social Media
About Diversified Tool
Since 1974 Diversified Tool has been providing the plastics injection molding industry the highest quality of close tolerance tools and spare tooling possible. We specialize in extremely close tolerance, high quality tools for the connector, medical and fiber optic industries. Our quality is recognized and appreciated by mold engineers, purchasing managers and the people who use our tools every da

What Benefits Does Diversified Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diversified Tool 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 Erie?

Understanding the cost of living near Erie is key to truly evaluating a salary offer or your current compensation at Diversified Tool.
Erie's Cost of Living Index is approximately 79.2 (20.8% less expensive than US average; 18.4% less than PA average). Lake Erie city, very affordable housing. EMTA bus. When planning your budget based on a salary from Diversified Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,100+ A significant portion of Diversified Tool salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $42 (EMTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,982 - $3,162+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Diversified Tool

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

The typical annual salary range for most roles at Diversified Tool is approximately from $73,739 to $94,527. 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 Diversified Tool pay compared to 2220 Industries Inc?

The average annual salary at Diversified Tool is $83,741, or an hourly wage of $40, in comparison to 2220 Industries Inc which pays $102,685 per year or $49 per hour.

3. How does experience level affect salary at Diversified Tool?

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

4. How can I determine if a salary offer from Diversified Tool in Erie is fair given the local cost of living?

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

5. Are the salaries listed for Diversified Tool on Salary.com pre-tax or after-tax?

All salary figures displayed for Diversified Tool, 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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