Fastool Inc Salary

Fastool Inc Salary

How much does the Fastool Inc Pay for employees?

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As of July 2026, the average annual salary for employees at Fastool Inc in the United States is $87,622. This translates to an approximate hourly wage of $42. Salaries at Fastool Inc typically range from $77,065 to $99,088 annually, reflecting the diverse roles and experience levels within the company. Fastool 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 Fastool Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Fastool 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 Fastool Inc

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

Is Fastool Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Fastool 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
180k
150k
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90k
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Average Salary ($/year)
Fastool Inc
Retail & Wholesale
Auto Parts Outlet
SouthWest Chrysler Dodge Jeep Ram
Industry Comparison
Our data shows that, on average, compensation at Fastool Inc is below the average for the U.S. Retail & Wholesale industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Fastool Inc average annual salary with several similar companies. Fastool Inc average salary of $87,622 is lower than Auto Parts Outlet, which has an average salary of $88,593. It is higher than SouthWest Chrysler Dodge Jeep Ram, with their average salary at $86,557. This places Fastool Inc in a mid-range 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 Fastool Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Fastool Inc

Considering a career at Fastool 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.
Benefits are competitive, and the workload is manageable. The pay is competitive, and there are performance-based bonuses. Expectations are reasonable, and managers are fair in their assessments. Benefits like health insurance and bonuses are a great advantage. Training is provided, and the team is cooperative.
Commented in May 31, 2025
39
0
Benefits like health coverage, retirement plans, and employee discounts are solid perks. I love the fast-paced environment and the people I work with. The training is thorough, and there are always opportunities to learn new systems or processes. The office space is well-designed, promoting productivity and comfort.
Commented in April 13, 2025
27
1
The pay is competitive for the industry, and bonuses are a nice perk. There are occasional training sessions to help with skill development. Managers are approachable, and the team feels like family. The company operates efficiently, and the processes are well-structured. Benefits like health insurance and bonuses make it a rewarding workplace. There’s a real focus on teamwork here.
Commented in August 26, 2024
32
1

Fastool Inc Overview

Website
www.fastoolnow.com
Founded In
2008
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1197 Electric Ave Wayland Michigan MI 49348
Revenue
<$5 Million
Phone Number
+1 8886548898
Social Media
About Fastool Inc
At FastoolNow.com we have over 30 years of experience in the construction tool industry. We are family owned and operated in Michigan. We not only sell products online, but you can also visit our showroom! We are a proud member of STAFDA, and look forward to serving all of your tool needs.

What Benefits Does Fastool Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Fastool 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Fastool Inc.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Fastool Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Fastool Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Fastool Inc

1. What is the average salary for employees at Fastool Inc?

The average annual total compensation for employees at Fastool Inc is approximately $87,622. However, this is an aggregate figure, actual salaries can range significantly, typically from $77,065 to $99,088, depending on factors like job role, experience, and location.

2. How much does Fastool Inc pay compared to Auto Parts Outlet?

The average annual salary at Fastool Inc is $87,622, or an hourly wage of $42, in comparison to Auto Parts Outlet which pays $88,593 per year or $43 per hour.

3. How does having a professional certification impact salary for relevant roles at Fastool 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 Fastool Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Fastool Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Grand Rapids?

While some companies offer formal COLA, many, including potentially Fastool 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.

5. What's the typical process for salary reviews and raises at Fastool Inc?

Most companies, likely including Fastool 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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