Grifco Oil Tools Inc Salary

Grifco Oil Tools Inc Salary

How much does the Grifco Oil Tools Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Grifco Oil Tools Inc in the United States is $97,063. This translates to an approximate hourly wage of $47. Salaries at Grifco Oil Tools Inc typically range from $85,441 to $109,623 annually, reflecting the diverse roles and experience levels within the company. Grifco Oil Tools 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.
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Current Job Openings at Grifco Oil Tools Inc

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Is Grifco Oil Tools Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Grifco Oil Tools 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)
Grifco Oil Tools Inc
MFG Durable
SONARTECH ATLAS Pty Ltd
Limco Inc
Industry Comparison
Our data shows that, on average, compensation at Grifco Oil Tools Inc is below the average for the U.S. MFG Durable industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Grifco Oil Tools Inc average annual salary with several similar companies. Grifco Oil Tools Inc average salary of $97,063 is higher than SONARTECH ATLAS Pty Ltd, which has an average salary of $83,572. It is higher than Limco Inc, with their average salary at $84,141. This places Grifco Oil Tools Inc in a competitive position among its peers.
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How Grifco Oil Tools Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Grifco Oil Tools Inc

Considering a career at Grifco Oil Tools 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.
Communication from management is formal but sometimes lacks transparency. Processes are well-documented, and improvements are welcomed. I appreciate the company's focus on continuous improvement, not just in our products but in our processes and work environment. Others may crave more engagement.
Commented in March 25, 2025
34
1
Our production targets are met consistently, and the workplace feels organized, focused, and well-managed. Great leadership at the plant. Employees receive regular training to enhance their skills and stay current with industry advancements. Coworkers are respectful, though collaboration is limited. Leadership is accessible, encourages feedback, and invests in employee development through training...
Commented in December 18, 2024
37
3
The blend of skilled tradespeople and advanced automation creates an exciting work environment. The unique opportunity to work on cutting-edge, boundary-pushing media projects that are actively shaping how compelling stories are told, creatively consumed, and culturally shared is incredibly stimulating, professionally enriching, and deeply rewarding. Teamwork is prioritized—whether in production, ...
Commented in January 30, 2024
45
3

Grifco Oil Tools Inc Overview

Website
www.grifco-oiltools.com
Founded In
1981
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
7501 Miller Road 2 Houston Texas TX 77049
Revenue
$5 Million - $10 Million
Phone Number
+86 5356766820
Social Media
About Grifco Oil Tools Inc
Grifco is a leading provider of coiled tubing tools, completion tools and cementing tools, specializing in the conception, design, and development of tools for the oil industry.Grifco oil tools inc. is a wholly subsidiary of Jereh group . Grifco has been in this business for more than thirty years. We are the first company to develop coil tubing tools that are used in the industry today. We develo

What Benefits Does Grifco Oil Tools Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Grifco Oil Tools 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 Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Grifco Oil Tools Inc.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Grifco Oil Tools Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Grifco Oil Tools Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Grifco Oil Tools Inc

1. How much does a Grifco Oil Tools Inc employee make?

Grifco Oil Tools Inc pays its employees an average of $97,063 per year. The average salary at Grifco Oil Tools Inc range from $85,441 to $109,623 per year. 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. Which similar company tend to pay more or less than Grifco Oil Tools Inc?

The salary at Grifco Oil Tools Inc is higher than the similar company. The average annual salary at Grifco Oil Tools Inc is $97,063, or an hourly wage of $47, in comparison to SONARTECH ATLAS Pty Ltd which pays $83,572 per year or $40 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Grifco Oil Tools Inc?

In many roles at Grifco Oil Tools Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Houston affect the perceived value of a Grifco Oil Tools Inc salary?

Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). This significantly impacts the purchasing power of a salary from Grifco Oil Tools Inc based there. Our "Cost of Living Insights for Houston" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Grifco Oil Tools Inc typically offer employees?

Grifco Oil Tools Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Grifco Oil Tools Inc" section on this page.

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