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Matrix Tool & Engineering LLC Salary

Matrix Tool & Engineering LLC Salary

How much does the Matrix Tool & Engineering LLC Pay for employees?

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As of August 2026, the average annual salary for employees at Matrix Tool & Engineering LLC in the United States is $88,867. This translates to an approximate hourly wage of $43. Salaries at Matrix Tool & Engineering LLC typically range from $78,165 to $100,490 annually, reflecting the diverse roles and experience levels within the company. Matrix Tool & Engineering LLC’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.
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Current Job Openings at Matrix Tool & Engineering LLC

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

Is Matrix Tool & Engineering LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Matrix Tool & Engineering LLC’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)
Matrix Tool & Engineering LLC
Retail & Wholesale
Bacchus International Inc
RN International Inc
Industry Comparison
Our data shows that, on average, compensation at Matrix Tool & Engineering LLC is below the average for the U.S. Retail & Wholesale industry by approximately 28%. 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 Tool & Engineering LLC average annual salary with several similar companies. Matrix Tool & Engineering LLC average salary of $88,867 is higher than Bacchus International Inc, which has an average salary of $87,380. It is lower than RN International Inc, with their average salary at $96,050. This places Matrix Tool & Engineering LLC in a mid-range position among its peers.
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How Matrix Tool & Engineering LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Matrix Tool & Engineering LLC

Considering a career at Matrix Tool & Engineering LLC? 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 scheduling system is flexible, accommodating personal needs when possible. The company values employee feedback and makes meaningful changes. Colleagues are professional, and communication is straightforward. The work environment is dynamic, and the benefits are above average.
Commented in March 25, 2025
13
0
It’s a rewarding place to work. The company also promotes work-life balance, which is rare in retail. A great place for career growth. A great place to work if you enjoy a dynamic environment. The retail side is dynamic, and leadership is transparent.
Commented in December 16, 2024
28
3
The company has a strong reputation, and employees are treated fairly. Flexible scheduling options make balancing work and personal life easier. The company also hosts fun team-building events, making the workplace enjoyable. The workplace environment is standard for the industry, with typical challenges but nothing overwhelming. The company operates efficiently, and the workload is reasonable. Th...
Commented in October 25, 2024
23
0

Matrix Tool & Engineering LLC Overview

Website
www.matrixtoolusa.com
Founded In
2006
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
714 Mckay St Jackson Michigan MI 49202
Revenue
<$5 Million
Phone Number
+1 5177696409
Social Media
About Matrix Tool & Engineering LLC
Matrix Tool & Engineering, LLC was developed by the owner Keith Gretz. He has worked over 30 years in the tooling industry from engineering to development. We are a growing company and have been in business since 2005. We save companies an average of 30% to 50% or more off their tooling cost. We have over 30 years of tool management experience.

What Benefits Does Matrix Tool & Engineering LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Matrix Tool & Engineering LLC 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Matrix Tool & Engineering LLC.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Matrix Tool & Engineering LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Matrix Tool & Engineering LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Matrix Tool & Engineering LLC

1. What is the estimated average total compensation at Matrix Tool & Engineering LLC?

Salary.com estimates that the average total compensation package at Matrix Tool & Engineering LLC, which can include base salary, potential bonuses, and benefits, is around $88,867 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Matrix Tool & Engineering LLC pay compared to Bacchus International Inc?

The average annual salary at Matrix Tool & Engineering LLC is $88,867, or an hourly wage of $43, in comparison to Bacchus International Inc which pays $87,380 per year or $42 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Matrix Tool & Engineering LLC?

Salary progression from an entry-level to a senior role at Matrix Tool & Engineering LLC 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.

4. How can I determine if a salary offer from Matrix Tool & Engineering LLC in Detroit is fair given the local cost of living?

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

5. Are promotions at Matrix Tool & Engineering LLC usually accompanied by a significant salary increase?

Yes, promotions at Matrix Tool & Engineering LLC 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.

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