Celco Tool & Engineering Inc Salary

How Much Does Celco Tool & Engineering Inc Pay for employees?

As of May 2026, the average hourly salary for employees at Celco Tool & Engineering Inc in the United States is $40. This translates to an approximate annual wage of $82,237. Salaries at Celco Tool & Engineering Inc typically range from $35 to $45 hourly, reflecting the diverse roles and experience levels within the company. Celco Tool & Engineering 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 Celco Tool & Engineering Inc 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.

Sales Manager

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Technical Support Representative

$24 / hour

Salary Range: $21 - $27

Technical Support

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

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 Celco Tool & Engineering Inc.
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About Celco Tool & Engineering Inc: Company Profile

Website
www.mjcelco.com
Founded In
1999
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Location
SCHILLER PARK
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Celco Tool & Engineering Inc's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Delivery times are mostly on schedule with occasional slips. Benefits are competitive, including health insurance and retirement plans. Daily operations are predictable and organized. The company runs well, but morale fluctuates.
There's potential for improvement in training and equipment, but overall, the company performs adequately for its size. Work tasks are consistent. Schedules are predictable, and overtime opportunities are fair. For anyone considering a career in manufacturing, I highly recommend this company. Skilled technicians handle machinery expertly and efficiently.
Great work environment for both experienced professionals and those starting out. Flexible work schedules and safety initiatives enhance employee satisfaction. It’s a stable and enjoyable place to work.
Training programs are comprehensive, covering both technical skills and leadership development. A great place to grow professionally. Excellent internal communication. Cross-training is encouraged, allowing employees to build skills in different areas. Safety protocols are enforced but sometimes inconsistently applied. Commitment to deadlines consistently meets customer expectations.
For those who appreciate routine and low interpersonal demand, this place will suit you fine. It’s a rewarding place to contribute. Consistent processes, minimal errors, and smart scheduling define this workplace. The operations are efficient, and innovation is welcomed at all levels.

Is Celco Tool & Engineering Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Celco Tool & Engineering Inc’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)
Celco Tool & Engineering Inc
MFG Durable
CEDARLAKEENG
CROWN BRANDS LLC
Industry Comparison
Our data shows that, on average, compensation at Celco Tool & Engineering Inc is below the average for the U.S. MFG Durable industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Celco Tool & Engineering Inc average annual salary with several similar companies. Celco Tool & Engineering Inc average salary of $82,237 is higher than CEDARLAKEENG, which has an average salary of $76,921. It is higher than CROWN BRANDS LLC, with their average salary at $80,286. This places Celco Tool & Engineering Inc 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Celco Tool & Engineering Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Celco Tool & Engineering Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Celco Tool & Engineering Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Celco Tool & Engineering Inc

FAQ 1: What is the typical salary range (low to high) for most roles at Celco Tool & Engineering Inc?
The typical salary range for most roles at Celco Tool & Engineering Inc is approximately from $35 to $45 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 Celco Tool & Engineering Inc pay compared to CEDARLAKEENG?
The average annual salary at Celco Tool & Engineering Inc is $82,237, or an hourly wage of $40, in comparison to CEDARLAKEENG which pays $76,921 per year or $37 per hour.
FAQ 3: How does experience level affect salary at Celco Tool & Engineering Inc?
Experience level is a significant factor in determining salary at Celco Tool & Engineering Inc, 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 Celco Tool & Engineering Inc in Chicago is fair given the local cost of living?
To determine if a salary offer from Celco Tool & Engineering Inc in Chicago is fair, first compare the gross salary to our data for similar roles at Celco Tool & Engineering Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: What factors influence salary increases at Celco Tool & Engineering Inc?
Salary increases at Celco Tool & Engineering Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.