Preffered Tool & Die Salary

How Much Does Preffered Tool & Die Pay for employees?

As of August 2026, the average hourly salary for employees at Preffered Tool & Die in the United States is $34. This translates to an approximate annual wage of $71,348. Salaries at Preffered Tool & Die typically range from $30 to $39 hourly, reflecting the diverse roles and experience levels within the company. Preffered Tool & Die’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 Preffered Tool & Die 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.

Sales Manager

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Technical Support Representative

$24 / hour

Salary Range: $21 - $27

Technical Support

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

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 Preffered Tool & Die.
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About Preffered Tool & Die: Company Profile

Website
www.preferredtoolanddie.com
Founded In
1966
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
COMSTOCK PARK
Revenue
<$5 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 Preffered Tool & Die's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
After years in the industry, I can confidently say this is the premier manufacturing employer. It’s not the most dynamic workplace, but it functions well for what it is. Leadership communicates transparently about company performance and market challenges. Flexible shifts support work-life balance, and the workplace culture values diversity and respect.
Tasks are clearly defined, which helps keep things efficient, there is opportunity for creativity or input. Leadership provides clear direction, and coworkers make each shift enjoyable. The company also offers good benefits and actively promotes a healthy work-life balance, which is rare in this industry. It's a stable, reputable company that genuinely looks after its employees' interests and deve...
Great team environment with clear goals and expectations. Tasks are routine and predictable, with limited opportunity to contribute beyond your main role. Workplace culture is professional but can feel formal or rigid.

Is Preffered Tool & Die’s Pay Competitive? Salary Benchmarking Analysis

How does Preffered Tool & Die’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
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Average Salary ($/year)
Preffered Tool & Die
MFG Durable
PARRIS TOOL & DIE COMPANY
PENNCO TOOL & DIE, INC.
Industry Comparison
Our data shows that, on average, compensation at Preffered Tool & Die is below the average for the U.S. MFG Durable industry by approximately 41%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Preffered Tool & Die average annual salary with several similar companies. Preffered Tool & Die average salary of $71,348 is higher than PARRIS TOOL & DIE COMPANY, which has an average salary of $69,548. It is higher than PENNCO TOOL & DIE, INC., with their average salary at $67,761. This places Preffered Tool & Die 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Preffered Tool & Die.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Preffered Tool & Die, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Preffered Tool & Die salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Preffered Tool & Die

FAQ 1: What is the average salary for employees at Preffered Tool & Die?
The average total compensation for employees at Preffered Tool & Die is approximately $34 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $30 to $39 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Preffered Tool & Die pay compared to PARRIS TOOL & DIE COMPANY?
The average annual salary at Preffered Tool & Die is $71,348, or an hourly wage of $34, in comparison to PARRIS TOOL & DIE COMPANY which pays $69,548 per year or $33 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Preffered Tool & Die?
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 Preffered Tool & Die for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Preffered Tool & Die offer cost-of-living adjustments (COLA) for employees in high-cost areas like Grand Rapids?
While some companies offer formal COLA, many, including potentially Preffered Tool & Die, 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.
FAQ 5: What's the typical process for salary reviews and raises at Preffered Tool & Die?
Most companies, likely including Preffered Tool & Die, 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.