Master Tool Repair Inc Salary

Master Tool Repair Inc Salary

How much does the Master Tool Repair Inc Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average annual salary for employees at Master Tool Repair Inc in the United States is $88,645. This translates to an approximate hourly wage of $43. Salaries at Master Tool Repair Inc typically range from $78,073 to $100,027 annually, reflecting the diverse roles and experience levels within the company. Master Tool Repair 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 Master Tool Repair Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Master Tool Repair Inc. 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.
How accurate does the salary look to you?

Current Job Openings at Master Tool Repair Inc

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

Is Master Tool Repair Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Master Tool Repair Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Master Tool Repair Inc
MFG Durable
NeuShield Inc
Acxess Spring Co
Industry Comparison
Our data shows that, on average, compensation at Master Tool Repair Inc is below the average for the U.S. MFG Durable industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Master Tool Repair Inc average annual salary with several similar companies. Master Tool Repair Inc average salary of $88,645 is lower than NeuShield Inc, which has an average salary of $112,695. It is lower than Acxess Spring Co, with their average salary at $95,491. This places Master Tool Repair Inc in a developing 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.

How Master Tool Repair Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Master Tool Repair Inc. Click a company name to learn more.

Employee Reviews: Working at Master Tool Repair Inc

Considering a career at Master Tool Repair 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.
Management provides clear performance metrics so everyone understands their contribution to overall success. Reliable equipment reduces unexpected breakdowns and delays. Safety protocols are serious, and everyone is held to the same standard. There’s a strong sense of unity and shared purpose among coworkers. Communication from management is generally clear but occasionally delayed.
Commented in February 27, 2025
35
3
The processes here are mostly smooth, though occasionally. Schedules are consistent, which is important for planning your personal time. I feel like part of a team that values quality and safety. It’s a dependable workplace that helps you improve your skills every day. The benefits package includes health insurance, retirement plans, and wellness initiatives. Career advancement paths are clear, wh...
Commented in February 26, 2025
39
2
The environment is stable but may lack innovation and flexibility for some employees. The focus on lean manufacturing principles eliminates wasteful practices while improving working conditions. Routine tasks with minimal variation.
Commented in February 24, 2024
38
2

Master Tool Repair Inc Overview

Website
www.mastertoolrepair.com
Founded In
2011
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3007 W Clay St Richmond Virginia VA 23230
Revenue
$5 Million - $10 Million
Phone Number
+1 7575478665
Social Media
About Master Tool Repair Inc
Master Tool Repair was started in 1994 by Gill Trotman. It began as a one man power tool repair center for many different makes of power tools in Chesapeake VA. In 2004, the Chesapeake VA area had a very long period of rain which kept our customers, primarily home builders, from pouring new footings for new homes, thus our builders were not using their power tools and therefore did not need our re

What Benefits Does Master Tool Repair Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Master Tool Repair 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)
Work at Master Tool Repair Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Master Tool Repair Inc.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Master Tool Repair Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Master Tool Repair Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Master Tool Repair Inc

1. What is the typical salary range (low to high) for most roles at Master Tool Repair Inc?

The typical annual salary range for most roles at Master Tool Repair Inc is approximately from $78,073 to $100,027. 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.

2. How much does Master Tool Repair Inc pay compared to NeuShield Inc?

The average annual salary at Master Tool Repair Inc is $88,645, or an hourly wage of $43, in comparison to NeuShield Inc which pays $112,695 per year or $54 per hour.

3. Do salaries differ significantly between departments at Master Tool Repair Inc?

Yes, salaries often differ between departments at Master Tool Repair Inc 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. How does experience level affect salary at Master Tool Repair Inc?

Experience level is a significant factor in determining salary at Master Tool Repair 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.

5. How can I determine if a salary offer from Master Tool Repair Inc in Richmond is fair given the local cost of living?

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

6. Are the salaries listed for Master Tool Repair Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Master Tool Repair Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning