CJT KOOLCARB Inc Salary

How much does the CJT KOOLCARB Inc Pay for employees?

As of August 2026, the average hourly salary for employees at CJT KOOLCARB Inc in the United States is $47. This translates to an approximate annual wage of $98,719. Salaries at CJT KOOLCARB Inc typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company. CJT KOOLCARB 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 CJT KOOLCARB Inc

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Is CJT KOOLCARB Inc’s Pay Competitive? Salary Benchmarking Analysis

How does CJT KOOLCARB Inc’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
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Average Salary ($/year)
CJT KOOLCARB Inc
MFG Durable
Sencore Diamond Tools
Waling Industries-a Division of Waling Tool Co
Industry Comparison
Our data shows that, on average, compensation at CJT KOOLCARB Inc is below the average for the U.S. MFG Durable industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared CJT KOOLCARB Inc average annual salary with several similar companies. CJT KOOLCARB Inc average salary of $98,719 is higher than Sencore Diamond Tools, which has an average salary of $92,031. It is higher than Waling Industries-a Division of Waling Tool Co, with their average salary at $96,577. This places CJT KOOLCARB Inc in a competitive position among its peers.
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Employee Reviews: Working at CJT KOOLCARB Inc

Considering a career at CJT KOOLCARB 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.
What makes this company stand out is the mutual respect between employees and management. The work is repetitive but predictable, which suits some people. The environment is safe and structured, though not particularly innovative. A steady, unremarkable work environment that functions but rarely adapts. Employees who prefer routine may find this a good fit.
They support local initiatives and encourage employees to get involved. Shift work can be tiring due to irregular schedules. Overall, it’s a dynamic, supportive, and rewarding work environment. Employees are committed, but there's a lack of team-building or cross-training opportunities. Great place to build a long-term, stable manufacturing career.
Everyone is willing to help each other out, creating a productive and supportive environment. Colleagues are supportive, and management is always willing to listen to concerns and ideas. Enjoy working with high-tech machinery. It's a workplace committed to continuous improvement and accountability. I appreciate the company’s dedication to maintaining a structured and safe work environment. Clear c...
Strong daily coordination between departments keeps everything running efficiently. You’re encouraged to grow your skillset through additional training. Benefits are decent, and the work atmosphere is upbeat. There’s room to take initiative and suggest process improvements. Cross-training opportunities allow workers to develop diverse skills and enhance their careers.

CJT KOOLCARB Inc Overview

Website
www.cjtkoolcarb.com
Founded In
1969
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
494 Mission St Carol Stream Illinois IL 60188
Revenue
$10 Million - $50 Million
Phone Number
+1 8003232299
Social Media
About CJT KOOLCARB Inc
CJT Koolcarb, Inc. manufactures the highest quality cutting tools available in the industry. The current catalog contains over 3,000 sizes of coolant and non-coolant fed solid carbide/carbide tipped drills, reamers and end mills available as standards with TiN, TiCN and TiAIN coatings. With the recent purchase of GenHam Industries, CJT Koolcarb has expanded their offering to include PCD (Polycryst

What Benefits Does CJT KOOLCARB Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. CJT KOOLCARB 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at CJT KOOLCARB 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 CJT KOOLCARB 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 CJT KOOLCARB 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.

FAQs of CJT KOOLCARB Inc

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

The average total compensation for employees at CJT KOOLCARB Inc is approximately $47 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $42 to $54 per hour, depending on factors like job role, experience, and location.

2. How much does CJT KOOLCARB Inc pay compared to Sencore Diamond Tools?

The average annual salary at CJT KOOLCARB Inc is $98,719, or an hourly wage of $47, in comparison to Sencore Diamond Tools which pays $92,031 per year or $44 per hour.

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

4. Does CJT KOOLCARB Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially CJT KOOLCARB 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 CJT KOOLCARB Inc?

Most companies, likely including CJT KOOLCARB 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.