Olympic Tool & Machine Corp Salary

Olympic Tool & Machine Corp Salary

How much does the Olympic Tool & Machine Corp Pay for employees?

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As of July 2026, the average hourly salary for employees at Olympic Tool & Machine Corp in the United States is $47. This translates to an approximate annual wage of $97,527. Salaries at Olympic Tool & Machine Corp typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company. Olympic Tool & Machine Corp’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 Olympic Tool & Machine Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Olympic Tool & Machine Corp. 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 Olympic Tool & Machine Corp

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

Is Olympic Tool & Machine Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Olympic Tool & Machine Corp’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)
Olympic Tool & Machine Corp
MFG Durable
V I Engineering Inc
Royal Pallets
Industry Comparison
Our data shows that, on average, compensation at Olympic Tool & Machine Corp is below the average for the U.S. MFG Durable industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Olympic Tool & Machine Corp average annual salary with several similar companies. Olympic Tool & Machine Corp average salary of $97,527 is higher than V I Engineering Inc, which has an average salary of $95,006. It is higher than Royal Pallets, with their average salary at $88,519. This places Olympic Tool & Machine Corp 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 Olympic Tool & Machine Corp and Their Hourly Pay Rates

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

Employee Reviews: Working at Olympic Tool & Machine Corp

Considering a career at Olympic Tool & Machine Corp? 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've found the leadership team to be approachable and fair. There’s job security, but few chances to shape your role or workflow. Most importantly, there's genuine pride throughout the organization in the quality products we produce. If you're self-sufficient and like routine, it works well. across various functions – from engineering and production to logistics and quality control – there are num...
Commented in April 27, 2025
42
3
The leadership is engaged and forward-thinking, always investing in better tech and processes to stay ahead in the market. What I appreciate most is the respect given to frontline workers—we’re trusted to make decisions and solve problems. Pay and benefits are industry average. It’s a great workplace for those seeking a supportive and collaborative manufacturing career. I’ve developed valuable tec...
Commented in February 13, 2025
30
0
Processes are tightly controlled, which helps productivity but limits flexibility. Excellent internal communication. Competitive pay and benefits motivate employees. Skilled craftsmanship results in high-quality finished goods. Equipment is mostly up-to-date but occasional delays in upgrades.
Commented in March 14, 2024
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Olympic Tool & Machine Corp Overview

Website
www.olymtool.com
Founded In
1960
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
2100 Bridgewater Rd Aston Pennsylvania PA 19014
Revenue
$10 Million - $50 Million
Phone Number
+1 6104941600
Social Media
About Olympic Tool & Machine Corp
Olympic tool is a modern MACHINE SHOP equipped to meet the machining needs of even the most demanding industries. Our services include: MACHINING OPERATIONS FINISHED PARTS FINISHED ASSEMBLIES FLIGHT SAFETY, CRITICAL PARTS & ASSEMBLIES Lathe Pin Transmission Pin Group

What Benefits Does Olympic Tool & Machine Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Olympic Tool & Machine Corp 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Olympic Tool & Machine Corp.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Olympic Tool & Machine Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Olympic Tool & Machine Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Olympic Tool & Machine Corp

1. What is the estimated average total compensation at Olympic Tool & Machine Corp?

Salary.com estimates that the average total compensation package at Olympic Tool & Machine Corp, which can include base salary, potential bonuses, and benefits, is around $47 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Olympic Tool & Machine Corp pay compared to V I Engineering Inc?

The average annual salary at Olympic Tool & Machine Corp is $97,527, or an hourly wage of $47, in comparison to V I Engineering Inc which pays $95,006 per year or $46 per hour.

3. Do salaries differ significantly between departments at Olympic Tool & Machine Corp?

Yes, salaries often differ between departments at Olympic Tool & Machine Corp 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 Olympic Tool & Machine Corp?

Salary progression from an entry-level to a senior role at Olympic Tool & Machine Corp 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 Olympic Tool & Machine Corp in Philadelphia is fair given the local cost of living?

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

6. Are promotions at Olympic Tool & Machine Corp usually accompanied by a significant salary increase?

Yes, promotions at Olympic Tool & Machine Corp 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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