Foreman Tool & Mold Salary

How Much Does Foreman Tool & Mold Pay for employees?

As of October 2026, the average hourly salary for employees at Foreman Tool & Mold in the United States is $39. This translates to an approximate annual wage of $80,624. Salaries at Foreman Tool & Mold typically range from $34 to $44 hourly, reflecting the diverse roles and experience levels within the company. Foreman Tool & Mold’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 Foreman Tool & Mold 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 Foreman Tool & Mold.
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About Foreman Tool & Mold: Company Profile

Website
www.foremantool.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
SAINT CHARLES
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 Foreman Tool & Mold's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Communication is formal to address employee concerns. While leadership communicates important updates, day-to-day interaction is minimal. Competitive pay with solid benefits keeps employees motivated. Everyone understands their responsibilities, and support is always available.
Leadership supports employee growth and skill development. The incentive programs reward both individual performance and team achievements. Comprehensive training enhances team skills and knowledge. The workplace is functional and it is somehow particularly forward-thinking. This company has cultivated an excellent work culture where employees feel genuinely supported and appreciated. Shift schedu...
If you’re okay with standing and lifting, it’s a reasonable workplace. Career advancement is possible but often competitive The workplace culture is professional but can sometimes feel rigid and formal. This makes you feel like your voice matters and that you can contribute to positive changes. Recognition initiatives regularly highlight employee contributions, creating a positive and motivating w...
The pace is steady, and expectations are clear. Job stability is a real plus. The company's evident, consistent, and ongoing commitment to ensuring employee satisfaction within all our creative departments is truly wonderful and highly appreciated.
Your experience here will largely depend on your immediate supervisor. The company truly values its employees and is committed to creating a safe, positive, and growth-focused work environment. Schedules sometimes change with short notice. Competitive pay and benefits attract and retain talent. Cross-training opportunities allow employees to develop diverse skills across different production areas...

Is Foreman Tool & Mold’s Pay Competitive? Salary Benchmarking Analysis

How does Foreman Tool & Mold’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)
Foreman Tool & Mold
MFG Durable
FRANKSMANUFACTURING
FARO INDUSTRIES
Industry Comparison
Our data shows that, on average, compensation at Foreman Tool & Mold is below the average for the U.S. MFG Durable industry by approximately 34%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Foreman Tool & Mold average annual salary with several similar companies. Foreman Tool & Mold average salary of $80,624 is higher than FRANKSMANUFACTURING, which has an average salary of $74,240. It is higher than FARO INDUSTRIES, with their average salary at $76,555. This places Foreman Tool & Mold 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 Foreman Tool & Mold.
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 Foreman Tool & Mold, 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 Foreman Tool & Mold 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 Foreman Tool & Mold

FAQ 1: What is the average salary for employees at Foreman Tool & Mold?
The average total compensation for employees at Foreman Tool & Mold is approximately $39 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $34 to $44 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Foreman Tool & Mold pay compared to FRANKSMANUFACTURING?
The average annual salary at Foreman Tool & Mold is $80,624, or an hourly wage of $39, in comparison to FRANKSMANUFACTURING which pays $74,240 per year or $36 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Foreman Tool & Mold?
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 Foreman Tool & Mold for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Foreman Tool & Mold offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?
While some companies offer formal COLA, many, including potentially Foreman Tool & Mold, 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.
FAQ 5: What's the typical process for salary reviews and raises at Foreman Tool & Mold?
Most companies, likely including Foreman Tool & Mold, 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.