Matrix Drilling Co Salary

Matrix Drilling Co Salary

How much does the Matrix Drilling Co Pay for employees?

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As of July 2026, the average annual salary for employees at Matrix Drilling Co in the United States is $84,574. This translates to an approximate hourly wage of $41. Salaries at Matrix Drilling Co typically range from $74,472 to $95,454 annually, reflecting the diverse roles and experience levels within the company. Matrix Drilling 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 Matrix Drilling Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Matrix Drilling 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 Matrix Drilling Co

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

Is Matrix Drilling Co’s Pay Competitive? Salary Benchmarking Analysis

How does Matrix Drilling 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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Matrix Drilling Co
MFG Durable
Diamond Tool & Die
TAKRAF GmbH
Industry Comparison
Our data shows that, on average, compensation at Matrix Drilling 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 Matrix Drilling Co average annual salary with several similar companies. Matrix Drilling Co average salary of $84,574 is lower than Diamond Tool & Die, which has an average salary of $109,762. It is lower than TAKRAF GmbH, with their average salary at $91,694. This places Matrix Drilling Co in a developing 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 Matrix Drilling Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Matrix Drilling Co. Click a company name to learn more.

Employee Reviews: Working at Matrix Drilling Co

Considering a career at Matrix Drilling 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.
What stands out is the structured training process and continued mentorship. Recognition programs celebrate successes, boosting morale. It’s a decent place if you want consistency, and it is somehow ideal if you’re seeking excitement or fast growth.
Commented in April 29, 2025
26
2
If you value routine and simplicity, you’ll be comfortable here. Leadership is visible but doesn’t always follow through quickly on suggestions or feedback. As someone passionate about sustainable production, I'm thrilled to work onmental responsibility, implementing energy-efficient processes, waste reduction programs, and sustainable sourcing, even at their massive scale. This company is dedicat...
Commented in April 25, 2025
12
1
There are real opportunities to learn new skills and grow within the organization. Culture emphasizes continuous improvement. They invest in workforce development through training and mentorship. I’m proud to be part of this team. The company offers reasonable benefits and job stability but can be bureaucratic in decision-making.
Commented in March 24, 2025
18
2
Detailed planning minimizes errors and rework. This shared purpose creates a positive and motivated workforce dedicated to achieving common goals. The leadership is engaged and forward-thinking, always investing in better tech and processes to stay ahead in the market. across multiple facilities, there's a strong culture of safety, quality and teamwork. The facilities are modern, clean, and well-m...
Commented in August 29, 2024
45
1
While benefits and job security are adequate, communication gaps occasionally hinder workflow efficiency. It’s rare to find such consistency and positive culture in manufacturing today. Managers are quick to support and recognize progress.
Commented in January 08, 2024
40
0

Matrix Drilling Co Overview

Website
www.matrixdrillingproducts.com
Founded In
1976
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1661 Old Belfast Rd Lewisburg Tennessee TN 37091
Revenue
$5 Million - $10 Million
Phone Number
+1 9313596564
Social Media
About Matrix Drilling Co
Matrix has been a pioneer in the drilling industry. We are quick to roll up our sleeves and jump in the trenches to better understand the challenges you face in the field. How do we do it? We start with the best alloy tubes available from U.S. mills. Our skilled production team combines the field experience of our clients and our experienced staff with state-of-the-art computer controlled equipmen

What Benefits Does Matrix Drilling Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Matrix Drilling 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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What Is the Cost of Living Near Nashville?

Understanding the cost of living near Nashville is key to truly evaluating a salary offer or your current compensation at Matrix Drilling Co.
Nashville's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 14.7% more than TN average). 'Music City', major growth, housing costs above US avg. WeGo Public Transit. When planning your budget based on a salary from Matrix Drilling Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Matrix Drilling Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (WeGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,945 - $4,685+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Matrix Drilling Co

1. What is the typical salary range (low to high) for most roles at Matrix Drilling Co?

The typical annual salary range for most roles at Matrix Drilling Co is approximately from $74,472 to $95,454. 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. How much does Matrix Drilling Co pay compared to Diamond Tool & Die?

The average annual salary at Matrix Drilling Co is $84,574, or an hourly wage of $41, in comparison to Diamond Tool & Die which pays $109,762 per year or $53 per hour.

3. Do salaries differ significantly between departments at Matrix Drilling Co?

Yes, salaries often differ between departments at Matrix Drilling 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. How does experience level affect salary at Matrix Drilling Co?

Experience level is a significant factor in determining salary at Matrix Drilling Co, 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.

5. How can I determine if a salary offer from Matrix Drilling Co in Nashville is fair given the local cost of living?

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

6. Why might an individual's actual salary at Matrix Drilling Co differ from the ranges shown here?

An individual's actual salary at Matrix Drilling Co can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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