Meyer Tool & Mfg Inc Salary

How much does the Meyer Tool & Mfg Inc Pay for employees?

As of July 2026, the average annual salary for employees at Meyer Tool & Mfg Inc in the United States is $105,744. This translates to an approximate hourly wage of $51. Salaries at Meyer Tool & Mfg Inc typically range from $93,001 to $119,549 annually, reflecting the diverse roles and experience levels within the company. Meyer Tool & Mfg Inc’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 Meyer Tool & Mfg Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Meyer Tool & Mfg Inc. 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 Meyer Tool & Mfg Inc

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

Is Meyer Tool & Mfg Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Meyer Tool & Mfg Inc’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)
Meyer Tool & Mfg Inc
MFG Durable
Defiance Metal Products
Waxman Consumer Products
Industry Comparison
Our data shows that, on average, compensation at Meyer Tool & Mfg Inc is below the average for the U.S. MFG Durable industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Meyer Tool & Mfg Inc average annual salary with several similar companies. Meyer Tool & Mfg Inc average salary of $105,744 is higher than Defiance Metal Products, which has an average salary of $99,183. It is higher than Waxman Consumer Products, with their average salary at $104,510. This places Meyer Tool & Mfg Inc 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.

Employee Reviews: Working at Meyer Tool & Mfg Inc

Considering a career at Meyer Tool & Mfg Inc? 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.
This investment in employee development shows they care about our competence and confidence in performing our roles effectively. One of the best places I’ve worked in manufacturing. Company provides tools and resources needed. This transparency builds trust and makes you feel like a true partner in the business. I’ve built great relationships and gained confidence in my role here.
Communication from leadership is formal and sometimes delayed. The production scheduling is well-planned, avoiding the stressful crunch periods common in manufacturing. I enjoy the structure here. Employees receive fair benefits and maintain steady employment, though work can be repetitive. At this manufacturing company, employees benefit from a strong focus on safety, quality, and continuous impr...
Tools and equipment are maintained well. The manufacturing environment is fast-paced but supportive. Seeing our products ship to satisfied customers worldwide makes every day rewarding. I was impressed with the detailed safety protocols and welcoming environment.
A clean, safe facility with well-maintained equipment. It’s rare to find such a structured yet flexible environment. The manufacturing firm prioritizes safety, teamwork, and employee development. Flexible scheduling options contribute to a healthy work-life balance.

Meyer Tool & Mfg Inc Overview

Website
www.meyertool.com
Founded In
1969
Employees
1,000 - 3,000 employees
Industry
MFG Durable
Headquarter Address
3055 Colerain Ave Cincinnati Ohio OH 45225
Revenue
$50 Million - $200 Million
Phone Number
+1 5138534400
Social Media
About Meyer Tool & Mfg Inc
Meyer Tool, founded in 1951 and based in Cincinnati, OH is a privately held, manufacturing company supplying a variety of components to the aerospace and gas turbine engine industries.

What Benefits Does Meyer Tool & Mfg Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Meyer Tool & Mfg Inc 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 Cincinnati?

Understanding the cost of living near Cincinnati is key to truly evaluating a salary offer or your current compensation at Meyer Tool & Mfg Inc.
Cincinnati's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 6.1% less than OH average). SW OH city, affordable housing. Metro bus, Connector streetcar (free). When planning your budget based on a salary from Meyer Tool & Mfg Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Meyer Tool & Mfg Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Metro monthly pass, Connector free) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,250 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Meyer Tool & Mfg Inc

1. How much does a Meyer Tool & Mfg Inc employee make?

Meyer Tool & Mfg Inc pays its employees an average of $105,744 per year. The average salary at Meyer Tool & Mfg Inc range from $93,001 to $119,549 per year. 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. Which similar company tend to pay more or less than Meyer Tool & Mfg Inc?

The salary at Meyer Tool & Mfg Inc is higher than the similar company. The average annual salary at Meyer Tool & Mfg Inc is $105,744, or an hourly wage of $51, in comparison to Defiance Metal Products which pays $99,183 per year or $48 per hour.

3. How much does a President typically earn at Meyer Tool & Mfg Inc?

A President at Meyer Tool & Mfg Inc typically earns an average annual base salary of around $818,549, with a general range of $626,360 to $1,031,430.

4. Do employees with advanced degrees (Master's, PhD) earn more at Meyer Tool & Mfg Inc?

In many roles at Meyer Tool & Mfg Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Cincinnati affect the perceived value of a Meyer Tool & Mfg Inc salary?

Cincinnati's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 6.1% less than OH average). This significantly impacts the purchasing power of a salary from Meyer Tool & Mfg Inc based there. Our "Cost of Living Insights for Cincinnati" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Meyer Tool & Mfg Inc typically offer employees?

Meyer Tool & Mfg Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Meyer Tool & Mfg Inc" section on this page.