Carpenter Technology Corp Salary

How Much Does Carpenter Technology Corp Pay for employees?

As of July 2026, the average hourly salary for employees at Carpenter Technology Corp in the United States is $47. This translates to an approximate annual wage of $97,425. Salaries at Carpenter Technology Corp typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company. Carpenter Technology Corp’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 Carpenter Technology Corp Pay for Different Roles?

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.

Accounting (RMS) Intern

$44 / hour

Salary Range: $39 - $50

Payroll

Area Manager - Maintenance

$49 / hour

Salary Range: $43 - $54

Quality Improvement

Area Manager - Manufacturing (Melt)

$42 / hour

Salary Range: $38 - $48

Power Plant Operations

Business Development / Customer Service Intern

$37 / hour

Salary Range: $32 - $41

Retail

Communications Intern

$73 / hour

Salary Range: $64 - $84

Public Relations

Customer Service Rep - Washington, PA

$20 / hour

Salary Range: $18 - $23

Customer Service

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Carpenter Technology Corp.
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About Carpenter Technology Corp: Company Profile

Website
www.cartech.com
Founded In
1889
Employees
3,000 - 7,500 employees
Industry
MFG Durable
Headquarter Location
PHILADELPHIA
Revenue
$1B - $3B
Phone Number
-
Social Media
About CARPENTER TECHNOLOGY CORP
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. The company operates through two segments, Specialty Alloys Operations and Performance Engineered Products. It offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools; and metal powders and parts. The company se

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Carpenter Technology Corp's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
A steady, unremarkable work environment that functions but rarely adapts. Competitive pay and benefits, plus solid work-life balance. Recognition programs celebrate employee achievements regularly. Training programs are available but and it can fully meet role-specific needs.
Clear chain of command. A very forward-thinking workplace. Cross-functional collaboration is strong, and deadlines are respected. It’s a well-run operation with strong values and clear communication across all levels. Career advancement is possible but often competitive The workplace culture is professional but can sometimes feel rigid and formal. It's a stable, reputable company that genuinely lo...
Great place to build a long-term, stable manufacturing career. The work gets done efficiently, but there’s little emotional investment from the team. Management promotes open communication and offers professional development opportunities for all employees.

Is Carpenter Technology Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Carpenter Technology Corp’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Carpenter Technology Corp
MFG Durable
THE C.A. LAWTON COMPANY - LARGE IRON CASTING FOUNDRY - PATTERN MAKING - MACHINING - CA LAWTON
C&A IRON WORKS
Industry Comparison
Our data shows that, on average, compensation at Carpenter Technology Corp 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 Carpenter Technology Corp average annual salary with several similar companies. Carpenter Technology Corp average salary of $97,425 is higher than THE C.A. LAWTON COMPANY - LARGE IRON CASTING FOUNDRY - PATTERN MAKING - MACHINING - CA LAWTON, which has an average salary of $73,395. It is higher than C&A IRON WORKS, with their average salary at $93,937. This places Carpenter Technology Corp 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.

What Is the Cost of Living Near Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Carpenter Technology Corp.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Carpenter Technology Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Carpenter Technology Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Carpenter Technology Corp

FAQ 1: What is the typical salary range (low to high) for most roles at Carpenter Technology Corp?
The typical salary range for most roles at Carpenter Technology Corp is approximately from $41 to $53 per hour. 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.
FAQ 2: How much does Carpenter Technology Corp pay compared to THE C.A. LAWTON COMPANY - LARGE IRON CASTING FOUNDRY - PATTERN MAKING - MACHINING - CA LAWTON?
The average annual salary at Carpenter Technology Corp is $97,425, or an hourly wage of $47, in comparison to THE C.A. LAWTON COMPANY - LARGE IRON CASTING FOUNDRY - PATTERN MAKING - MACHINING - CA LAWTON which pays $73,395 per year or $35 per hour.
FAQ 3: How does experience level affect salary at Carpenter Technology Corp?
Experience level is a significant factor in determining salary at Carpenter Technology Corp, 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.
FAQ 4: How can I determine if a salary offer from Carpenter Technology Corp in Philadelphia is fair given the local cost of living?
To determine if a salary offer from Carpenter Technology Corp in Philadelphia is fair, first compare the gross salary to our data for similar roles at Carpenter Technology Corp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Philadelphia" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Carpenter Technology Corp differ from the ranges shown here?
An individual's actual salary at Carpenter Technology Corp can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.