KNIPEX Tools LP Salary

KNIPEX Tools LP Salary

How much does the KNIPEX Tools LP Pay for employees?

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As of August 2026, the average hourly salary for employees at KNIPEX Tools LP in the United States is $46. This translates to an approximate annual wage of $95,016. Salaries at KNIPEX Tools LP typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company. KNIPEX Tools LP’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 KNIPEX Tools LP Pay for Different Roles?

Explore detailed salary information for specific jobs at KNIPEX Tools LP. 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.
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 KNIPEX Tools LP

Ready for your next career move? Explore current job openings at KNIPEX Tools LP. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is KNIPEX Tools LP’s Pay Competitive? Salary Benchmarking Analysis

How does KNIPEX Tools LP’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
180k
150k
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90k
60k
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Average Salary ($/year)
KNIPEX Tools LP
MFG Durable
Wattera LLC
BZB Industries
Industry Comparison
Our data shows that, on average, compensation at KNIPEX Tools LP is below the average for the U.S. MFG Durable industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared KNIPEX Tools LP average annual salary with several similar companies. KNIPEX Tools LP average salary of $95,016 is higher than Wattera LLC, which has an average salary of $88,814. It is lower than BZB Industries, with their average salary at $101,788. This places KNIPEX Tools LP in a mid-range position among its peers.
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Companies Similar to KNIPEX Tools LP and Their Hourly Pay Rates

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

Employee Reviews: Working at KNIPEX Tools LP

Considering a career at KNIPEX Tools LP? 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.
I appreciate the emphasis on innovation and the investment in advanced manufacturing technologies, which keeps our processes efficient and our products superior. This manufacturing firm offers consistent job security and reasonable benefits. I’ve had great mentors here who’ve guided me through challenges. The company also offers career advancement paths through certifications and internal promotio...
Commented in May 08, 2025
25
3
Management is friendly but often implement changes. Tools and equipment are maintained well. The culture here is based on respect, productivity, and teamwork. Overall, it's a company that values both product quality and people. Consistent hours, respectful coworkers, and fair treatment from management make this a solid workplace.
Commented in April 21, 2025
25
2
Processes are followed but could be modernized. Workload demands fluctuate seasonally, causing occasional stress. The relatively it means you get to know everyone, fostering a strong sense of camaraderie. Career advancement opportunities exist but progress is often nfluenced by seniority. The job is consistent, and the facility is generally well-maintained. The work gets done efficiently, but ther...
Commented in September 21, 2024
24
3
Our facility runs smoothly with minimal downtime, and employee feedback is regularly considered for improving performance and efficiency. It helps me stay focused and efficient without feeling overwhelmed or burned out. It's refreshing to be part of a company that truly values its employees' contributions and invests in their long-term success and overall well-being.
Commented in March 17, 2024
44
1

KNIPEX Tools LP Overview

Website
www.knipex-tools.com
Founded In
1882
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1500 Busch Pkwy Buffalo Grove Illinois IL 60089
Revenue
$5 Million - $10 Million
Phone Number
+1 8473988520
Social Media
About KNIPEX Tools LP
KNIPEX Tools LP is the North American sales and marketing organization of KNIPEXWerk. KNIPEXWerk, Wuppertal, Germany, is a professional quality pliers manufacturer known worldwide. The company concentrates its efforts on being the best pliers manufacturer in terms of quality, innovation and efficiency and its pliers satisfy the highest expectations in terms of performance, ergonomics and service l

What Benefits Does KNIPEX Tools LP Offer Beyond Salary?

A competitive compensation package is more than just a salary. KNIPEX Tools LP 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 KNIPEX Tools LP.
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 KNIPEX Tools LP, 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 KNIPEX Tools LP 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 KNIPEX Tools LP

1. What is the estimated average total compensation at KNIPEX Tools LP?

Salary.com estimates that the average total compensation package at KNIPEX Tools LP, which can include base salary, potential bonuses, and benefits, is around $46 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does KNIPEX Tools LP pay compared to Wattera LLC?

The average annual salary at KNIPEX Tools LP is $95,016, or an hourly wage of $46, in comparison to Wattera LLC which pays $88,814 per year or $43 per hour.

3. Do salaries differ significantly between departments at KNIPEX Tools LP?

Yes, salaries often differ between departments at KNIPEX Tools LP due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at KNIPEX Tools LP?

Salary progression from an entry-level to a senior role at KNIPEX Tools LP can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from KNIPEX Tools LP in Chicago is fair given the local cost of living?

To determine if a salary offer from KNIPEX Tools LP in Chicago is fair, first compare the gross salary to our data for similar roles at KNIPEX Tools LP and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Are promotions at KNIPEX Tools LP usually accompanied by a significant salary increase?

Yes, promotions at KNIPEX Tools LP are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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