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DME Tool Salary

DME Tool Salary

How much does the DME Tool Pay for employees?

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As of October 2026, the average hourly salary for employees at DME Tool in the United States is $52. This translates to an approximate annual wage of $107,452. Salaries at DME Tool typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company. DME 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.

How Much Does DME Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at DME Tool. 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 DME Tool

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

Is DME Tool’s Pay Competitive? Salary Benchmarking Analysis

How does DME Tool’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
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Average Salary ($/year)
DME Tool
MFG Durable
Seaworthy Systems Inc
Owl's Head Alloys Inc
Industry Comparison
Our data shows that, on average, compensation at DME Tool is below the average for the U.S. MFG Durable industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared DME Tool average annual salary with several similar companies. DME Tool average salary of $107,452 is higher than Seaworthy Systems Inc, which has an average salary of $102,157. It is higher than Owl's Head Alloys Inc, with their average salary at $85,133. This places DME Tool in a competitive 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.

Companies Similar to DME Tool and Their Hourly Pay Rates

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

Employee Reviews: Working at DME Tool

Considering a career at DME 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.
The benefits package, including retirement contributions and tuition reimbursement, demonstrates long-term investment in the workforce. You’ll stay busy, but it’s not usually overwhelming unless someone is out. Overall, the workplace offers consistency but limited excitement or innovation. Training programs exist but and it can address specific needs adequately.
Commented in May 07, 2025
46
1
Management is approachable and solutions-oriented. Management is approachable, and they actively foster a positive and supportive atmosphere on the floor. Workload fluctuations cause periodic stress, especially in peak seasons.
Commented in March 09, 2025
47
0
Great company values and mission. There aren’t many surprises, and schedules are predictable. Leadership is approachable and open to suggestions, which makes you feel heard. I feel like part of a team that values quality and safety. I like the structured routine. Management genuinely cares about employee wellbeing, with ergonomic workstations and reasonable production targets.
Commented in November 03, 2024
10
3
Communication from management is formal but sometimes lacks transparency. The team genuinely cares about doing a good job. Management genuinely cares about its employees, fostering a supportive and respectful environment.
Commented in March 13, 2024
37
0

DME Tool Overview

Website
www.dmetool.com
Founded In
1973
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
336 Boston Post Rd Milford Connecticut CT 06460
Revenue
$10 Million - $50 Million
Phone Number
+1 2038781711
Social Media
About DME Tool
Drill Masters Eldorado Tool is one of the largest suppliers and manufacturers of deep hole gun drilling tools, fixtures and accessories in the world. Our combined experience and resources offer you the widest selection of in-stock deep hole gundrills, and the greatest range of products, services and experience... all made in the U.S.A. Add our rapid delivery and expanded customer service facilitie

What Benefits Does DME Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. DME 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 Milford?

Understanding the cost of living near Milford is key to truly evaluating a salary offer or your current compensation at DME Tool.
Milford's Cost of Living Index is approximately 115.3 (15.3% more expensive than US average; 7.1% more than CT average). Coastal Fairfield/New Haven County line, desirable, higher housing costs. Milford Transit, Metro-North. When planning your budget based on a salary from DME Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of DME Tool salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Milford Transit pass, Metro-North extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,060 - $4,820+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of DME Tool

1. What is the estimated average total compensation at DME Tool?

Salary.com estimates that the average total compensation package at DME Tool, which can include base salary, potential bonuses, and benefits, is around $52 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does DME Tool pay compared to Seaworthy Systems Inc?

The average annual salary at DME Tool is $107,452, or an hourly wage of $52, in comparison to Seaworthy Systems Inc which pays $102,157 per year or $49 per hour.

3. Do salaries differ significantly between departments at DME Tool?

Yes, salaries often differ between departments at DME Tool due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at DME Tool?

Salary progression from an entry-level to a senior role at DME Tool can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from DME Tool in Milford is fair given the local cost of living?

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

6. Are promotions at DME Tool usually accompanied by a significant salary increase?

Yes, promotions at DME Tool are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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