Idea Tooling & Engineering Inc Salary

Idea Tooling & Engineering Inc Salary

How much does the Idea Tooling & Engineering Inc Pay for employees?

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As of July 2026, the average annual salary for employees at Idea Tooling & Engineering Inc in the United States is $99,404. This translates to an approximate hourly wage of $48. Salaries at Idea Tooling & Engineering Inc typically range from $87,558 to $112,172 annually, reflecting the diverse roles and experience levels within the company. Idea Tooling & Engineering 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 Idea Tooling & Engineering Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Idea Tooling & Engineering 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 Idea Tooling & Engineering Inc

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

Is Idea Tooling & Engineering Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Idea Tooling & Engineering Inc’s compensation stack up against the market? This analysis visualizes their annual 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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0
Average Salary ($/year)
Idea Tooling & Engineering Inc
MFG Durable
Murano Shades
Engineered Lighting Products
Industry Comparison
Our data shows that, on average, compensation at Idea Tooling & Engineering Inc is below the average for the U.S. MFG Durable industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Idea Tooling & Engineering Inc average annual salary with several similar companies. Idea Tooling & Engineering Inc average salary of $99,404 is higher than Murano Shades, which has an average salary of $98,001. It is higher than Engineered Lighting Products, with their average salary at $98,149. This places Idea Tooling & Engineering 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.

How Idea Tooling & Engineering Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Idea Tooling & Engineering Inc

Considering a career at Idea Tooling & Engineering 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.
Schedules are consistent, and shifts are rarely disrupted. Equipment is mostly reliable, but support during breakdowns can lag. The company provides excellent tools and resources to do our jobs effectively. I've spent 15 years in manufacturing and this is by far the best company I've worked for. It’s a place where you can build a long-term, fulfilling career.
Commented in April 03, 2025
35
0
Managers give helpful feedback, and colleagues support each other. Leadership regularly checks in with each department, which keeps morale high. The focus on lean manufacturing principles eliminates wasteful practices while improving working conditions. From the first day, I felt welcomed and well-trained. Tools and equipment are maintained well.
Commented in February 07, 2025
31
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They consistently invest in new equipment and training, which shows a commitment to the future and to us, the employees. Management encourages professional growth and offers frequent training programs. It’s a very inclusive environment where everyone is treated with respect. The company also provides good benefits and career growth opportunities. Fast-paced but well-managed environment. Communicat...
Commented in January 15, 2025
48
2

Idea Tooling & Engineering Inc Overview

Website
www.ideatooling.com
Founded In
1973
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
20601 Annalee Ave Carson California CA 90746
Revenue
<$5 Million
Phone Number
+1 3106087488
Social Media
About Idea Tooling & Engineering Inc
With over 30 years of experience in the manufacturing of precision engineered plastics, ITE, an ISO/9001 implemented company, strives to be a leader in highly engineered injection molded products. ITE is a privately-owned company with a 45,000 square foot engineering/production facility located in Carson, California. We view ITE as an extension of your business, providing you with value-added serv

What Benefits Does Idea Tooling & Engineering Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Idea Tooling & Engineering 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 Carson?

Understanding the cost of living near Carson is key to truly evaluating a salary offer or your current compensation at Idea Tooling & Engineering Inc.
Carson's Cost of Living Index is approximately 149.1 (49.1% more expensive than US average; 6.7% more than CA average). South Bay LA County city, diverse, high housing costs, industrial and commercial base. When planning your budget based on a salary from Idea Tooling & Engineering Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,800+ A significant portion of Idea Tooling & Engineering Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Carson Circuit/Metro access) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,430 - $5,160+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Idea Tooling & Engineering Inc

1. How much does an Idea Tooling & Engineering Inc employee make?

Idea Tooling & Engineering Inc pays its employees an average of $99,404 per year. The average salary at Idea Tooling & Engineering Inc range from $87,558 to $112,172 per year. 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 Idea Tooling & Engineering Inc?

The salary at Idea Tooling & Engineering Inc is higher than the similar company. The average annual salary at Idea Tooling & Engineering Inc is $99,404, or an hourly wage of $48, in comparison to Murano Shades which pays $98,001 per year or $47 per hour.

3. How much does a Chief Executive Officer typically earn at Idea Tooling & Engineering Inc?

A Chief Executive Officer at Idea Tooling & Engineering Inc typically earns an average annual base salary of around $769,477, with a general range of $589,700 to $967,781.

4. Do employees with advanced degrees (Master's, PhD) earn more at Idea Tooling & Engineering Inc?

In many roles at Idea Tooling & Engineering Inc, 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 Carson affect the perceived value of a Idea Tooling & Engineering Inc salary?

Carson's Cost of Living Index is approximately 149.1 (49.1% more expensive than US average; 6.7% more than CA average). This significantly impacts the purchasing power of a salary from Idea Tooling & Engineering Inc based there. Our "Cost of Living Insights for Carson" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Idea Tooling & Engineering Inc typically offer employees?

Idea Tooling & Engineering Inc 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 Idea Tooling & Engineering Inc" section on this page.

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