Master Tool Co Salary

How much does the Master Tool Co Pay for employees?

As of July 2026, the average annual salary for employees at Master Tool Co in the United States is $84,046. This translates to an approximate hourly wage of $40. Salaries at Master Tool Co typically range from $74,032 to $94,844 annually, reflecting the diverse roles and experience levels within the company. Master Tool Co’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 Master Tool Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Master Tool Co. 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 Master Tool Co

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

Is Master Tool Co’s Pay Competitive? Salary Benchmarking Analysis

How does Master Tool Co’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
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Average Salary ($/year)
Master Tool Co
MFG Durable
Best Manufacturing Inc
Axion4event
Industry Comparison
Our data shows that, on average, compensation at Master Tool Co is below the average for the U.S. MFG Durable industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Master Tool Co average annual salary with several similar companies. Master Tool Co average salary of $84,046 is higher than Best Manufacturing Inc, which has an average salary of $81,694. It is lower than Axion4event, with their average salary at $84,363. This places Master Tool Co 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.

Employee Reviews: Working at Master Tool Co

Considering a career at Master Tool Co? 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 training programs are exceptional, keeping us at the forefront of lean manufacturing and Industry 4. It's rewarding to contribute to an organization that balances commercial success with environmental responsibility and employee satisfaction. Overall, a reliable workplace with few surprises but limited excitement or advancement. Career growth is possible but often requires patience.
Training exists but is often generic. Employees experience steady work and average benefits, but workload spikes can increase pressure. The validation documentation exceeded FDA audit requirements. We have regular meetings where we can share ideas or concerns. What impresses me most is how the company invests in employee development - from technical certifications to leadership training programs. ...
This makes us feel heard and valued, contributing to a better workplace. Flexible work schedules and shift options allow employees to balance their personal and professional lives effectively. The team is close-knit, and everyone is willing to help each other out.

Master Tool Co Overview

Website
www.mastertoolusa.com
Founded In
1961
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
6115 NW 153rd St Miami Lakes Florida FL 33014
Revenue
<$5 Million
Phone Number
+1 3055571020
Social Media
About Master Tool Co
Master Tool Company offers high-quality injection molded components at competitive prices. We can take you through the process of getting your project completed whether you are in the concept phase or production phase of your project. Master Tool Company employs it's own in-house tooling shop, allowing shorter lead times and fewer outside costs. We specialize but are not limited to industries incl

What Benefits Does Master Tool Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Master Tool Co 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Hialeah?

Understanding the cost of living near Hialeah is key to truly evaluating a salary offer or your current compensation at Master Tool Co.
Hialeah's Cost of Living Index is approximately 111.8 (11.8% more expensive than US average; 8.4% more than FL average). Miami-Dade County city, large Cuban population, housing costs reflect SoFlo market. Miami-Dade Transit. When planning your budget based on a salary from Master Tool Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Master Tool Co salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $112.50 (Miami-Dade EASY Ticket monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,072 - $4,732+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Master Tool Co

1. What is the estimated average total compensation at Master Tool Co?

Salary.com estimates that the average total compensation package at Master Tool Co, which can include base salary, potential bonuses, and benefits, is around $84,046 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Master Tool Co pay compared to Best Manufacturing Inc?

The average annual salary at Master Tool Co is $84,046, or an hourly wage of $40, in comparison to Best Manufacturing Inc which pays $81,694 per year or $39 per hour.

3. Do salaries differ significantly between departments at Master Tool Co?

Yes, salaries often differ between departments at Master Tool Co due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Master Tool Co?

Salary progression from an entry-level to a senior role at Master Tool Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Master Tool Co in Hialeah is fair given the local cost of living?

To determine if a salary offer from Master Tool Co in Hialeah is fair, first compare the gross salary to our data for similar roles at Master Tool Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Hialeah" to understand its purchasing power.

6. Are promotions at Master Tool Co usually accompanied by a significant salary increase?

Yes, promotions at Master Tool Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.