Palmertool Salary

Palmertool Salary

How Much Does Palmertool Pay for employees?

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As of August 2026, the average monthly salary for employees at Palmertool in the United States is $5,747. This translates to an approximate annual wage of $68,966. Salaries at Palmertool typically range from $5,054 to $6,522 monthly, reflecting the diverse roles and experience levels within the company. Palmertool’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 Palmertool Pay for Different Roles?

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.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Technical Support Representative

$49,122 / year

Salary Range: $43,897 - $55,402

Technical Support

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Palmertool.
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About Palmertool: Company Profile

Website
www.palmertool.com
Founded In
1965
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
CAMDEN
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About PALMERTOOL
Palmer Tool was founded in 1965 in Camden, Tennessee as a custom welding and machine shop and has grown into The Palmer Companies. Today, that includes an additional shop location in Saucier, Mississippi and Palmer Contractors that is qualified to manage construction & outage projects all over the Southeast.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Palmertool's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Pay is fair, and hours are reliable. The workplace is functional and it is somehow particularly forward-thinking. They are transparent in their communications and always make time to listen to employees. There's strong communication between shifts and departments. Workload varies seasonally, sometimes causing stress.
Commented in February 20, 2025
11
2
While it’s nice to have a routine, it can also become monotonous over time. Every day feels productive and purposeful. Schedules are consistent, and there's a positive culture that fosters respect, growth, and cooperation at every level. It’s a good place to work if you’re looking for routine without rapid career movement or creative tasks. This dedication makes me proud to be part of their team. ...
Commented in August 27, 2024
30
1
It suits employees who value routine and predictability over rapid change. Everyone is willing to help each other out, creating a productive and supportive environment. Our facility runs smoothly with minimal downtime, and employee feedback is regularly considered for improving performance and efficiency.
Commented in March 09, 2024
34
2

How Palmertool's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Palmertool’s pay competitiveness. Click on a company for a deeper dive.

Is Palmertool’s Pay Competitive? Salary Benchmarking Analysis

How does Palmertool’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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90k
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0
Average Salary ($/year)
Palmertool
MFG Durable
PREMIER RECYCLE
PRECISION TANKS INC
Industry Comparison
Our data shows that, on average, compensation at Palmertool is below the average for the U.S. MFG Durable industry by approximately 43%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Palmertool average annual salary with several similar companies. Palmertool average salary of $68,966 is lower than PREMIER RECYCLE, which has an average salary of $97,336. It is lower than PRECISION TANKS INC, with their average salary at $72,371. This places Palmertool 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.

What Is the Cost of Living Near Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Palmertool.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Palmertool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Palmertool salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Palmertool

FAQ 1: How much does a Palmertool employee make?
Palmertool pays its employees an average of $68,966 per year. The average salary at Palmertool range from $60,650 to $78,261 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.
FAQ 2: Which similar company tend to pay more or less than Palmertool?
The salary at Palmertool is lesser than the similar company. The average annual salary at Palmertool is $68,966, or an hourly wage of $33, in comparison to PREMIER RECYCLE which pays $97,336 per year or $47 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Palmertool?
In many roles at Palmertool, 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.
FAQ 4: How does the cost of living near Memphis affect the perceived value of a Palmertool salary?
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). This significantly impacts the purchasing power of a salary from Palmertool based there. Our "Cost of Living Insights for Memphis" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Palmertool typically offer employees?
Palmertool 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 Palmertool" section on this page.

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