Meier Tool Salary

Meier Tool Salary

How much does the Meier Tool Pay for employees?

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As of August 2026, the average hourly salary for employees at Meier Tool in the United States is $51. This translates to an approximate annual wage of $107,104. Salaries at Meier Tool typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company. Meier Tool’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 Meier Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at Meier Tool. 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 Meier Tool

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

Is Meier Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Meier Tool’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)
Meier Tool
Biotechnology
Sunoptic Technologies
vTitan Corp
Industry Comparison
Our data shows that, on average, compensation at Meier Tool is below the average for the U.S. Biotechnology industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Meier Tool average annual salary with several similar companies. Meier Tool average salary of $107,104 is higher than Sunoptic Technologies, which has an average salary of $96,968. It is lower than vTitan Corp, with their average salary at $121,312. This places Meier Tool in a mid-range position among its peers.
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Companies Similar to Meier Tool and Their Hourly Pay Rates

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

Employee Reviews: Working at Meier Tool

Considering a career at Meier Tool? 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.
The company encourages innovation and continuous education. Management regularly communicates the company’s goals, and they invest in employee engagement. It's a place where your work feels purposeful and where professional growth is aligned with organizational success. Workloads are manageable, though repetitive tasks are common. The company invests in people through training, strong benefits, an...
Commented in March 04, 2025
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Leadership is visible but formal. Career development depends more on timing than performance. The company is forward-thinking, always looking at new technologies and approaches to advance our research and development efforts. Compensation is fair, and the company makes a real effort to foster diversity and inclusion in the workplace. Benefits are decent and it is exceptional. Employees are encoura...
Commented in January 16, 2025
12
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The collaborative culture makes problem-solving easier, and there’s plenty of opportunity to learn from experienced professionals. Positive environment with passionate colleagues dedicated to advancing medical science and technology. Interactions across teams are functional but rarely strategic. Employees are encouraged to think critically and contribute ideas.
Commented in July 15, 2024
50
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The company offers competitive benefits, and employees feel motivated by the impactful work they do every day. Focus on sustainability and ethical biotech practices aligns with my personal values. This company excels in fostering innovation while maintaining a strong commitment to employee wellbeing. A technically interesting job with unclear advancement paths. Cross-functional teamwork makes solv...
Commented in January 07, 2024
34
3

Meier Tool Overview

Website
www.meiertool.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
875 Lund Blvd Anoka Minnesota MN 55303
Revenue
$10 Million - $50 Million
Phone Number
+1 7634276275
Social Media
About Meier Tool
Founded in 1979, Meier is headquartered in Anoka, Minnesota. They manufacture metal components for the medical device, aerospace and defense industry. Some of their products include implantable devices, disposable instruments, biopsy forceps, and more.

What Benefits Does Meier Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Meier Tool 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Meier Tool.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Meier Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Meier Tool salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Meier Tool

1. What is the average salary for employees at Meier Tool?

The average total compensation for employees at Meier Tool is approximately $51 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $45 to $58 per hour, depending on factors like job role, experience, and location.

2. How much does Meier Tool pay compared to Sunoptic Technologies?

The average annual salary at Meier Tool is $107,104, or an hourly wage of $51, in comparison to Sunoptic Technologies which pays $96,968 per year or $47 per hour.

3. What is the lowest salary at Meier Tool?

The lowest-paying job at Meier Tool is a Senior Buyer with a salary of $43 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Meier Tool?

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 Meier Tool for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Meier Tool offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Meier Tool, 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.

6. What's the typical process for salary reviews and raises at Meier Tool?

Most companies, likely including Meier Tool, 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.

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