Lloyd Gage & Tool Salary

Lloyd Gage & Tool Salary

How much does the Lloyd Gage & Tool Pay for employees?

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As of August 2026, the average annual salary for employees at Lloyd Gage & Tool in the United States is $90,069. This translates to an approximate hourly wage of $43. Salaries at Lloyd Gage & Tool typically range from $79,219 to $101,856 annually, reflecting the diverse roles and experience levels within the company. Lloyd Gage & Tool’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 Lloyd Gage & Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at Lloyd Gage & Tool. 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 Lloyd Gage & Tool

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

Is Lloyd Gage & Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Lloyd Gage & Tool’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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30k
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Average Salary ($/year)
Lloyd Gage & Tool
Retail & Wholesale
Perfecta Products Inc
BlackHorse Espresso & Bakery
Industry Comparison
Our data shows that, on average, compensation at Lloyd Gage & Tool is below the average for the U.S. Retail & Wholesale industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lloyd Gage & Tool average annual salary with several similar companies. Lloyd Gage & Tool average salary of $90,069 is higher than Perfecta Products Inc, which has an average salary of $84,679. It is lower than BlackHorse Espresso & Bakery, with their average salary at $102,674. This places Lloyd Gage & Tool in a mid-range 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 Lloyd Gage & Tool's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lloyd Gage & Tool

Considering a career at Lloyd Gage & Tool? 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.
The Retail & Wholesale environment is fast, but the teamwork here is exceptional. The company operates efficiently, and the workload is distributed fairly. The benefits package is standard, and the work environment is professional. The company provides good growth opportunities. The team is collaborative, and management is open to new ideas.
Commented in March 27, 2025
44
2
My experience here has been decent. The retail team works well together, and management is approachable. Fast-paced but fun. The company offers standard benefits, and the pay is competitive for the industry. The Retail & Wholesale industry can be hectic, but this company maintains a steady workflow. There are occasional training sessions to help with skill development. Hours fit my schedule well.
Commented in December 18, 2024
33
0
Communication is clear, and the workload is reasonable. While the workload is manageable, some processes could be streamlined for efficiency. Good employee discounts.
Commented in March 03, 2024
8
3

Lloyd Gage & Tool Overview

Website
www.lloydgage.com
Founded In
1968
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
5265 Transportation Blvd Cleveland Ohio OH 44125
Revenue
<$5 Million
Phone Number
+1 2165241926
Social Media
About Lloyd Gage & Tool
Lloyd Gage and Tool Company is a regional industrial distributor specializing in technical, application-specific challenges, with an emphasis on customer service and support. We supply cutting tool products and expertise to the manufacturing industry. For Over 50 Years, Lloyd Gage and Tool Co. has been dedicated to being more than just a place to buy tools. Our focus is to improve you bottom line

What Benefits Does Lloyd Gage & Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lloyd Gage & Tool 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Lloyd Gage & Tool.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Lloyd Gage & Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Lloyd Gage & Tool salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lloyd Gage & Tool

1. What is the average salary for employees at Lloyd Gage & Tool?

The average annual total compensation for employees at Lloyd Gage & Tool is approximately $90,069. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,219 to $101,856, depending on factors like job role, experience, and location.

2. How much does Lloyd Gage & Tool pay compared to Perfecta Products Inc?

The average annual salary at Lloyd Gage & Tool is $90,069, or an hourly wage of $43, in comparison to Perfecta Products Inc which pays $84,679 per year or $41 per hour.

3. What is the lowest salary at Lloyd Gage & Tool?

The lowest-paying job at Lloyd Gage & Tool is a Customer Service with a salary of $35,938 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Lloyd Gage & Tool?

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 Lloyd Gage & Tool for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Lloyd Gage & Tool offer cost-of-living adjustments (COLA) for employees in high-cost areas like Cleveland?

While some companies offer formal COLA, many, including potentially Lloyd Gage & Tool, 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.

6. What's the typical process for salary reviews and raises at Lloyd Gage & Tool?

Most companies, likely including Lloyd Gage & Tool, 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.

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