Meyer Tool & Mfg Inc Salary

Meyer Tool & Mfg Inc Salary

How much does the Meyer Tool & Mfg Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Meyer Tool & Mfg Inc in the United States is $51. This translates to an approximate annual wage of $105,744. Salaries at Meyer Tool & Mfg Inc typically range from $45 to $57 hourly, reflecting the diverse roles and experience levels within the company. Meyer Tool & Mfg 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 Meyer Tool & Mfg Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Meyer Tool & Mfg 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.
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Current Job Openings at Meyer Tool & Mfg Inc

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

Is Meyer Tool & Mfg Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Meyer Tool & Mfg Inc’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
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Average Salary ($/year)
Meyer Tool & Mfg Inc
MFG Durable
Defiance Metal Products
Waxman Consumer Products
Industry Comparison
Our data shows that, on average, compensation at Meyer Tool & Mfg Inc is below the average for the U.S. MFG Durable industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Meyer Tool & Mfg Inc average annual salary with several similar companies. Meyer Tool & Mfg Inc average salary of $105,744 is higher than Defiance Metal Products, which has an average salary of $99,183. It is higher than Waxman Consumer Products, with their average salary at $104,510. This places Meyer Tool & Mfg Inc 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.

Companies Similar to Meyer Tool & Mfg Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Meyer Tool & Mfg Inc

Considering a career at Meyer Tool & Mfg 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.
This investment in employee development shows they care about our competence and confidence in performing our roles effectively. One of the best places I’ve worked in manufacturing. Company provides tools and resources needed. This transparency builds trust and makes you feel like a true partner in the business. I’ve built great relationships and gained confidence in my role here.
Commented in May 10, 2025
19
0
Communication from leadership is formal and sometimes delayed. The production scheduling is well-planned, avoiding the stressful crunch periods common in manufacturing. I enjoy the structure here. Employees receive fair benefits and maintain steady employment, though work can be repetitive. At this manufacturing company, employees benefit from a strong focus on safety, quality, and continuous impr...
Commented in March 23, 2025
12
3
Tools and equipment are maintained well. The manufacturing environment is fast-paced but supportive. Seeing our products ship to satisfied customers worldwide makes every day rewarding. I was impressed with the detailed safety protocols and welcoming environment.
Commented in February 15, 2025
32
2
A clean, safe facility with well-maintained equipment. It’s rare to find such a structured yet flexible environment. The manufacturing firm prioritizes safety, teamwork, and employee development. Flexible scheduling options contribute to a healthy work-life balance.
Commented in February 22, 2024
35
1

Meyer Tool & Mfg Inc Overview

Website
www.meyertool.com
Founded In
1969
Employees
1,000 - 3,000 employees
Industry
MFG Durable
Headquarter Address
3055 Colerain Ave Cincinnati Ohio OH 45225
Revenue
$50 Million - $200 Million
Phone Number
+1 5138534400
Social Media
About Meyer Tool & Mfg Inc
Meyer Tool, founded in 1951 and based in Cincinnati, OH is a privately held, manufacturing company supplying a variety of components to the aerospace and gas turbine engine industries.

What Benefits Does Meyer Tool & Mfg Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Meyer Tool & Mfg 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)
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What Is the Cost of Living Near Cincinnati?

Understanding the cost of living near Cincinnati is key to truly evaluating a salary offer or your current compensation at Meyer Tool & Mfg Inc.
Cincinnati's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 6.1% less than OH average). SW OH city, affordable housing. Metro bus, Connector streetcar (free). When planning your budget based on a salary from Meyer Tool & Mfg Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Meyer Tool & Mfg Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Metro monthly pass, Connector free) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,250 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Meyer Tool & Mfg Inc

1. What is the estimated average total compensation at Meyer Tool & Mfg Inc?

Salary.com estimates that the average total compensation package at Meyer Tool & Mfg Inc, which can include base salary, potential bonuses, and benefits, is around $51 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Meyer Tool & Mfg Inc pay compared to Defiance Metal Products?

The average annual salary at Meyer Tool & Mfg Inc is $105,744, or an hourly wage of $51, in comparison to Defiance Metal Products which pays $99,183 per year or $48 per hour.

3. Do salaries differ significantly between departments at Meyer Tool & Mfg Inc?

Yes, salaries often differ between departments at Meyer Tool & Mfg 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Meyer Tool & Mfg Inc?

Salary progression from an entry-level to a senior role at Meyer Tool & Mfg Inc 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 Meyer Tool & Mfg Inc in Cincinnati is fair given the local cost of living?

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

6. Are promotions at Meyer Tool & Mfg Inc usually accompanied by a significant salary increase?

Yes, promotions at Meyer Tool & Mfg Inc 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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