Paramount Tool Equipment Salary

How Much Does Paramount Tool Equipment Pay for employees?

As of July 2026, the average annual salary for employees at Paramount Tool Equipment in the United States is $78,595. This translates to an approximate hourly wage of $38. Salaries at Paramount Tool Equipment typically range from $69,056 to $89,418 annually, reflecting the diverse roles and experience levels within the company. Paramount Tool Equipment’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 Paramount Tool Equipment 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.

Back End Software Developer

$107,265 / year

Salary Range: $97,576 - $118,569

Software Development

Blockchain Developer/Analyst (Freelance Contract, Remote)

$85,184 / year

Salary Range: $70,747 - $96,524

Trading

Cloud SA

$104,785 / year

Salary Range: $91,496 - $118,201

IT Management

CNO Analyst/Programmer

$46,186 / year

Salary Range: $41,234 - $52,767

Manufacturing

Communications Marketing Manager (Freelance Contract, Remote)

$107,465 / year

Salary Range: $95,348 - $121,130

Marketing Management

Computer Scientist

$92,006 / year

Salary Range: $82,288 - $102,493

Environmental Engineering

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 Paramount Tool Equipment.
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About Paramount Tool Equipment: Company Profile

Website
www.ptetool.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Location
FARMINGDALE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Paramount Tool Equipment's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The work is meaningful, and the team is motivated. This company stands out in the retail industry for its employee-focused approach. The workload is manageable, and the team is always willing to help. The company also offers wellness initiatives and employee discounts, which are great perks.
The tasks are clearly defined, and the team works well together. This company offers a great balance between challenge and support. The leadership team is transparent, and there are regular training programs to help employees advance.
The pay and benefits are competitive, and career growth is encouraged. Leadership encourages innovation and ideas. The Wholesale team is efficient, and the company provides good resources. Flexible schedules and fair pay. There’s room for moderate career growth if you take initiative. It’s a reliable job with standard industry benefits. The office environment is comfortable, and hybrid work option...
I’ve had a positive experience working here. The company offers skill development programs, which have helped me advance in my role. Decent pay and quarterly incentives. Competitive pay and good employee discounts. Managers trust employees, fostering autonomy.

Is Paramount Tool Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Paramount Tool Equipment’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
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Average Salary ($/year)
Paramount Tool Equipment
Retail & Wholesale
PROTECTIVEDRIVER
PACIFIC BUILDERS HARDWARE & LIGHTING, INC.
Industry Comparison
Our data shows that, on average, compensation at Paramount Tool Equipment is below the average for the U.S. Retail & Wholesale industry by approximately 36%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Paramount Tool Equipment average annual salary with several similar companies. Paramount Tool Equipment average salary of $78,595 is higher than PROTECTIVEDRIVER, which has an average salary of $76,574. It is higher than PACIFIC BUILDERS HARDWARE & LIGHTING, INC., with their average salary at $73,280. This places Paramount Tool Equipment 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.

What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Paramount Tool Equipment.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Paramount Tool Equipment, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Paramount Tool Equipment salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Paramount Tool Equipment

FAQ 1: How much does a Paramount Tool Equipment employee make?
Paramount Tool Equipment pays its employees an average of $78,595 per year. The average salary at Paramount Tool Equipment range from $69,056 to $89,418 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 Paramount Tool Equipment?
The salary at Paramount Tool Equipment is higher than the similar company. The average annual salary at Paramount Tool Equipment is $78,595, or an hourly wage of $38, in comparison to PROTECTIVEDRIVER which pays $76,574 per year or $37 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Paramount Tool Equipment?
In many roles at Paramount Tool Equipment, 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 New York affect the perceived value of a Paramount Tool Equipment salary?
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from Paramount Tool Equipment based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Paramount Tool Equipment typically offer employees?
Paramount Tool Equipment 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 Paramount Tool Equipment" section on this page.