Paramount Tool Equipment Salary

How Much Does Paramount Tool Equipment Pay for employees?

As of August 2026, the average hourly salary for employees at Paramount Tool Equipment in the United States is $38. This translates to an approximate annual wage of $78,595. Salaries at Paramount Tool Equipment typically range from $33 to $43 hourly, reflecting the diverse roles and experience levels within the company. Paramount Tool Equipment’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 Paramount Tool Equipment Pay for Different Roles?

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.

Back End Software Developer

$52 / hour

Salary Range: $47 - $57

Software Development

Blockchain Developer/Analyst (Freelance Contract, Remote)

$41 / hour

Salary Range: $34 - $46

Trading

Cloud SA

$50 / hour

Salary Range: $44 - $57

IT Management

CNO Analyst/Programmer

$22 / hour

Salary Range: $20 - $25

Manufacturing

Communications Marketing Manager (Freelance Contract, Remote)

$52 / hour

Salary Range: $46 - $58

Marketing Management

Computer Scientist

$44 / hour

Salary Range: $40 - $49

Environmental Engineering

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Paramount Tool Equipment.
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About Paramount Tool Equipment: Company Profile

Website
www.ptetool.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Location
FARMINGDALE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Paramount Tool Equipment's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The work is meaningful, and the team is motivated. This company stands out in the retail industry for its employee-focused approach. The workload is manageable, and the team is always willing to help. The company also offers wellness initiatives and employee discounts, which are great perks.
The tasks are clearly defined, and the team works well together. This company offers a great balance between challenge and support. The leadership team is transparent, and there are regular training programs to help employees advance.
The pay and benefits are competitive, and career growth is encouraged. Leadership encourages innovation and ideas. The Wholesale team is efficient, and the company provides good resources. Flexible schedules and fair pay. There’s room for moderate career growth if you take initiative. It’s a reliable job with standard industry benefits. The office environment is comfortable, and hybrid work option...
I’ve had a positive experience working here. The company offers skill development programs, which have helped me advance in my role. Decent pay and quarterly incentives. Competitive pay and good employee discounts. Managers trust employees, fostering autonomy.

Is Paramount Tool Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Paramount Tool Equipment’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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90k
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Average Salary ($/year)
Paramount Tool Equipment
Retail & Wholesale
PROTECTIVEDRIVER
PACIFIC BUILDERS HARDWARE & LIGHTING, INC.
Industry Comparison
Our data shows that, on average, compensation at Paramount Tool Equipment is below the average for the U.S. Retail & Wholesale industry by approximately 36%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Paramount Tool Equipment average annual salary with several similar companies. Paramount Tool Equipment average salary of $78,595 is higher than PROTECTIVEDRIVER, which has an average salary of $76,574. It is higher than PACIFIC BUILDERS HARDWARE & LIGHTING, INC., with their average salary at $73,280. This places Paramount Tool Equipment 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.

What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Paramount Tool Equipment.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Paramount Tool Equipment, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Paramount Tool Equipment salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Paramount Tool Equipment

FAQ 1: How much does Paramount Tool Equipment in the United States pay?
Paramount Tool Equipment pays its employees an average of $38 per hour. The average salary at Paramount Tool Equipment range from $33 to $43 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.
FAQ 2: Do Paramount Tool Equipment employees get a higher salary than its peer company?
The salary at Paramount Tool Equipment is higher than its peer company. The average annual salary at Paramount Tool Equipment is $78,595, or an hourly wage of $38, in comparison to PROTECTIVEDRIVER which pays $76,574 per year or $37 per hour.
FAQ 3: How much does salary increase with years of experience at Paramount Tool Equipment?
Salary progression with years of experience at Paramount Tool Equipment is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Paramount Tool Equipment vary by office location?
Yes, it's very likely that salaries at Paramount Tool Equipment vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for New York section provides more context.
FAQ 5: Does Paramount Tool Equipment offer good benefits?
Paramount Tool Equipment typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Paramount Tool Equipment" section on this page.