Ohio Drill & Tool Co Salary

Ohio Drill & Tool Co Salary

How much does the Ohio Drill & Tool Co Pay for employees?

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As of July 2026, the average annual salary for employees at Ohio Drill & Tool Co in the United States is $87,348. This translates to an approximate hourly wage of $42. Salaries at Ohio Drill & Tool Co typically range from $76,919 to $98,600 annually, reflecting the diverse roles and experience levels within the company. Ohio Drill & 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 Ohio Drill & Tool Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Ohio Drill & 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 Ohio Drill & Tool Co

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

Is Ohio Drill & Tool Co’s Pay Competitive? Salary Benchmarking Analysis

How does Ohio Drill & 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)
Ohio Drill & Tool Co
MFG Durable
Boyce Highlands Inc
Mangum Brick Co
Industry Comparison
Our data shows that, on average, compensation at Ohio Drill & Tool Co is below the average for the U.S. MFG Durable 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 Ohio Drill & Tool Co average annual salary with several similar companies. Ohio Drill & Tool Co average salary of $87,348 is lower than Boyce Highlands Inc, which has an average salary of $95,006. It is higher than Mangum Brick Co, with their average salary at $77,591. This places Ohio Drill & 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.

How Ohio Drill & Tool Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Ohio Drill & Tool Co

Considering a career at Ohio Drill & 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 company also provides good benefits and career growth opportunities. Career advancement opportunities are available. Strong teamwork fosters efficient and high-quality production. Communication from management is formal but sometimes lacks transparency.
Commented in February 07, 2025
12
1
Pay is standard for industry. Work conditions are generally stable, with decent safety measures and adequate equipment. The benefits package is competitive, featuring health insurance, wellness programs, and retirement plans. Career growth opportunities are present. Productivity is fine, and quality standards are enforced. Even under pressure, the team remains focused and effective. Excellent inte...
Commented in December 01, 2024
36
1
Management fosters a culture of mutual respect and continuous learning. This company has cultivated an excellent work culture where employees feel genuinely supported and appreciated. Employees enjoy working in a company that values safety, quality, and innovation. 25% rejection rate - best in our 15-year history. It’s motivating to work toward team goals.
Commented in February 28, 2024
24
0

Ohio Drill & Tool Co Overview

Website
www.ohiodrill.com
Founded In
1948
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
23255 Georgetown Rd Homeworth Ohio OH 44634
Revenue
$5 Million - $10 Million
Phone Number
+1 3305257717
Social Media
About Ohio Drill & Tool Co
OHIO DRILL & TOOL COMPANY supplies high quality cutting tools. We meet and exceed our customers expectations in: Value, Delivery, and Quality. This is accomplished through continually improving our business systems.

What Benefits Does Ohio Drill & Tool Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ohio Drill & 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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What Is the Cost of Living Near Columbus?

Understanding the cost of living near Columbus is key to truly evaluating a salary offer or your current compensation at Ohio Drill & Tool Co.
Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). State capital (Ohio State Univ.), growing, affordable. COTA bus. When planning your budget based on a salary from Ohio Drill & Tool Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Ohio Drill & Tool Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (COTA monthly pass) 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) $2,282 - $3,602+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ohio Drill & Tool Co

1. What is the typical salary range (low to high) for most roles at Ohio Drill & Tool Co?

The typical annual salary range for most roles at Ohio Drill & Tool Co is approximately from $76,919 to $98,600. 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 Ohio Drill & Tool Co pay compared to Boyce Highlands Inc?

The average annual salary at Ohio Drill & Tool Co is $87,348, or an hourly wage of $42, in comparison to Boyce Highlands Inc which pays $95,006 per year or $46 per hour.

3. How does experience level affect salary at Ohio Drill & Tool Co?

Experience level is a significant factor in determining salary at Ohio Drill & Tool 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.

4. How can I determine if a salary offer from Ohio Drill & Tool Co in Columbus is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Ohio Drill & Tool Co?

Several key factors influence salary levels at Ohio Drill & Tool Co. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Ohio Drill & Tool Co likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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