Melin Tool Co Salary

Melin Tool Co Salary

How much does the Melin Tool Co Pay for employees?

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As of August 2026, the average hourly salary for employees at Melin Tool Co in the United States is $45. This translates to an approximate annual wage of $93,793. Salaries at Melin Tool Co typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company. Melin Tool Co’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 Melin Tool Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Melin Tool Co. 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 Melin Tool Co

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

Is Melin Tool Co’s Pay Competitive? Salary Benchmarking Analysis

How does Melin Tool Co’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
30k
0
Average Salary ($/year)
Melin Tool Co
MFG Durable
Archangel Industries Limited Co
Innovative Carbide
Industry Comparison
Our data shows that, on average, compensation at Melin Tool Co is below the average for the U.S. MFG Durable industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Melin Tool Co average annual salary with several similar companies. Melin Tool Co average salary of $93,793 is higher than Archangel Industries Limited Co, which has an average salary of $92,179. It is higher than Innovative Carbide, with their average salary at $92,886. This places Melin Tool Co in a competitive position among its peers.
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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.

Companies Similar to Melin Tool Co and Their Hourly Pay Rates

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

Employee Reviews: Working at Melin Tool Co

Considering a career at Melin Tool Co? 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.
Leadership is transparent, and roles are clearly defined. The tasks are repetitive, but manageable. The job is consistent, and the facility is generally well-maintained. People genuinely care about each other and support one another, both professionally and personally. Career progression opportunities are present.
Commented in May 26, 2025
42
3
Delivery times are mostly on schedule with occasional slips. Comprehensive training enhances team skills and knowledge. Employees enjoy working in a well-structured environment that prioritizes safety and teamwork. Most days are routine and structured. They listen to concerns and work with you to resolve issues quickly and respectfully. The facilities are well-maintained, and safety is always the ...
Commented in March 16, 2025
9
0
The camaraderie with my colleagues is one of the best parts of working here. Shift flexibility is appreciated. They ensure we have the right training and tools to do our jobs effectively and safely. Working here has changed my perspective on manufacturing careers. I’ve had great mentors here who’ve guided me through challenges.
Commented in January 21, 2025
19
1
The focus on lean manufacturing principles eliminates wasteful practices while improving working conditions. Promotion paths are available but competitive. This drive for improvement keeps the work interesting and ensures the company stays competitive in the long run. I’ve built great relationships and gained confidence in my role here. The competitive wages and comprehensive benefits package show...
Commented in September 12, 2024
12
3
The blend of skilled tradespeople and advanced automation creates an exciting work environment. Safety is always a top priority here. Management is committed to employee development through regular training and career advancement programs. It's rare to find a manufacturer that treats its workforce so well. Safety protocols are in place, though their strictness varies by team.
Commented in March 01, 2024
17
2

Melin Tool Co Overview

Website
www.melintool.com
Founded In
1940
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
5565 Venture Dr Cleveland Ohio OH 44130
Revenue
$10 Million - $50 Million
Phone Number
+1 2163624200
Social Media
About Melin Tool Co
Melin Tool Company high quality end mill and cutting tools manufacturer - countersinks, drills, thread mills, & other high performance and specialty tools.

What Benefits Does Melin Tool Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Melin Tool Co 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Melin Tool Co.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Melin Tool Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Melin Tool Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Melin Tool Co

1. How much does a Melin Tool Co employee make?

Melin Tool Co pays its employees an average of $45 per hour. The average salary at Melin Tool Co range from $40 to $51 per hour. 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. Which similar company tend to pay more or less than Melin Tool Co?

The salary at Melin Tool Co is higher than the similar company. The average annual salary at Melin Tool Co is $93,793, or an hourly wage of $45, in comparison to Archangel Industries Limited Co which pays $92,179 per year or $44 per hour.

3. How much does a President typically earn at Melin Tool Co?

A President at Melin Tool Co typically earns an average hourly base salary of around $349, with a general range of $267 to $439.

4. Do employees with advanced degrees (Master's, PhD) earn more at Melin Tool Co?

In many roles at Melin Tool Co, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Cleveland affect the perceived value of a Melin Tool Co salary?

Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). This significantly impacts the purchasing power of a salary from Melin Tool Co based there. Our "Cost of Living Insights for Cleveland" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Melin Tool Co typically offer employees?

Melin Tool Co generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Melin Tool Co" section on this page.

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