Lab Tool And Engineering Corporation Salary

How Much Does Lab Tool And Engineering Corporation Pay for employees?

As of August 2026, the average annual salary for employees at Lab Tool And Engineering Corporation in the United States is $72,251. This translates to an approximate hourly wage of $35. Salaries at Lab Tool And Engineering Corporation typically range from $63,540 to $81,986 annually, reflecting the diverse roles and experience levels within the company. Lab Tool And Engineering Corporation’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 Lab Tool And Engineering Corporation 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

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

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

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About Lab Tool And Engineering Corporation: Company Profile

Website
www.lab-tool.com
Founded In
1968
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
SPRING ARBOR
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 Lab Tool And Engineering Corporation's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Flexible scheduling options contribute to a healthy work-life balance. Great place to build a long-term, stable manufacturing career. Workers are trained, heard, and respected. The environment is friendly and performance-driven, which keeps you engaged and motivated every day. We support each other and often share a laugh, making the workday more enjoyable.
Career growth is possible but often dependent on tenure. Overall, the company values employee wellbeing, supports professional growth, and fosters a collaborative environment that encourages teamwork and innovation. Communication is average, with occasional lapses. A great place to build skills. It's refreshing to be part of a company that truly values its employees' contributions and invests in t...
Safety isn't just a priority here, it's a core value that guides every decision. Some groups collaborate well, others tend to work more independently with minimal communication. Managers listen and act on feedback. Management values employee input and actively supports training and professional growth initiatives.

How Lab Tool And Engineering Corporation's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Lab Tool And Engineering Corporation’s pay competitiveness. Click on a company for a deeper dive.

Is Lab Tool And Engineering Corporation’s Pay Competitive? Salary Benchmarking Analysis

How does Lab Tool And Engineering Corporation’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)
Lab Tool And Engineering Corporation
MFG Durable
LSU AG CENTER
ELKHART TOOL AND DIE INC
Industry Comparison
Our data shows that, on average, compensation at Lab Tool And Engineering Corporation 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 Lab Tool And Engineering Corporation average annual salary with several similar companies. Lab Tool And Engineering Corporation average salary of $72,251 is higher than LSU AG CENTER, which has an average salary of $69,546. It is higher than ELKHART TOOL AND DIE INC, with their average salary at $70,758. This places Lab Tool And Engineering Corporation 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 Lansing?

Understanding the cost of living near Lansing is key to truly evaluating a salary offer or your current compensation at Lab Tool And Engineering Corporation.
Lansing's Cost of Living Index is approximately 83.1 (16.9% less expensive than US average; 8.0% less than MI average). State capital (Michigan State Univ. nearby), affordable housing. CATA bus. When planning your budget based on a salary from Lab Tool And Engineering Corporation, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Lab Tool And Engineering Corporation salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (CATA monthly pass, free for MSU) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,010 - $3,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Lab Tool And Engineering Corporation

FAQ 1: What is the typical salary range (low to high) for most roles at Lab Tool And Engineering Corporation?
The typical annual salary range for most roles at Lab Tool And Engineering Corporation is approximately from $63,540 to $81,986. 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: How much does Lab Tool And Engineering Corporation pay compared to LSU AG CENTER?
The average annual salary at Lab Tool And Engineering Corporation is $72,251, or an hourly wage of $35, in comparison to LSU AG CENTER which pays $69,546 per year or $33 per hour.
FAQ 3: How does experience level affect salary at Lab Tool And Engineering Corporation?
Experience level is a significant factor in determining salary at Lab Tool And Engineering Corporation, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Lab Tool And Engineering Corporation in Lansing is fair given the local cost of living?
To determine if a salary offer from Lab Tool And Engineering Corporation in Lansing is fair, first compare the gross salary to our data for similar roles at Lab Tool And Engineering Corporation and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Lansing" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Lab Tool And Engineering Corporation?
Several key factors influence salary levels at Lab Tool And Engineering Corporation. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Lab Tool And Engineering Corporation likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.