Peak Toolworks Salary

Peak Toolworks Salary

How much does the Peak Toolworks Pay for employees?

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As of July 2026, the average annual salary for employees at Peak Toolworks in the United States is $95,955. This translates to an approximate hourly wage of $46. Salaries at Peak Toolworks typically range from $84,405 to $108,489 annually, reflecting the diverse roles and experience levels within the company. Peak Toolworks’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 Peak Toolworks Pay for Different Roles?

Explore detailed salary information for specific jobs at Peak Toolworks. 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.
How accurate does the salary look to you?

Current Job Openings at Peak Toolworks

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

Is Peak Toolworks’s Pay Competitive? Salary Benchmarking Analysis

How does Peak Toolworks’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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Peak Toolworks
MFG Durable
Nivel
Flexible Technologies Inc
Industry Comparison
Our data shows that, on average, compensation at Peak Toolworks is below the average for the U.S. MFG Durable industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Peak Toolworks average annual salary with several similar companies. Peak Toolworks average salary of $95,955 is lower than Nivel, which has an average salary of $100,438. It is lower than Flexible Technologies Inc, with their average salary at $96,008. This places Peak Toolworks 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.

How Peak Toolworks's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Peak Toolworks. Click a company name to learn more.

Employee Reviews: Working at Peak Toolworks

Considering a career at Peak Toolworks? 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.
Communication is formal to address employee concerns. It's an ideal place for individuals seeking a long-term career in a dynamic manufacturing environment. Efficient workflows improved by skilled, dedicated staff. Cross-training opportunities allow employees to develop diverse skills across different production areas.
Commented in March 03, 2025
38
1
Continuous improvement isn't just a slogan here - employee ideas regularly lead to process enhancements. They also foster a great team dynamic where everyone pulls together. Teams work collaboratively, fostering a supportive and inclusive culture.
Commented in January 24, 2025
13
0
Flexible work schedules contribute to a good work-life balance. The company truly invests in its people, offering excellent training programs and clear pathways for career advancement. Competitive compensation and flexible work schedules promote employee well-being. This company stands out for its commitment to quality and continuous improvement, not just in its products but also in its employee w...
Commented in December 20, 2024
44
1
Work is steady and it is excitement or variation. Operations are mostly smooth, but occasional bottlenecks occur. The company provides solid job stability and encourages employee input. Coworkers are respectful but mostly keep to themselves. Physical demands are part of the job, especially for production roles.
Commented in September 18, 2024
14
1
There’s a consistent focus on quality over quantity, which I appreciate. Employees at this company benefit from a collaborative culture that encourages continuous learning and safety awareness. Leadership is open to feedback and regularly provides updates. A very positive environment for learning and contributing to meaningful work.
Commented in February 04, 2024
11
0

Peak Toolworks Overview

Website
www.peaktoolworks.com
Founded In
1990
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
1180 Wernsing Rd Jasper Indiana IN 47546
Revenue
$200 Million - $500 Million
Phone Number
+1 8004577468
Social Media
About Peak Toolworks
Peak Toolworks is a recognized innovator and leader in the design and distribution of industrial tool holders, cutting tools and accessories. The company is headquartered in Jasper, IN. It manufactures and markets products under the Peak, NAP GLADU, Riverside, RKO, General Saw and SuperSand names. Peak is recognized for its innovative tooling solutions in carbide and diamond, complete source of qu

What Benefits Does Peak Toolworks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Peak Toolworks 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Peak Toolworks.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Peak Toolworks, 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 Peak Toolworks salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo 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) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Peak Toolworks

1. What is the typical salary range (low to high) for most roles at Peak Toolworks?

The typical annual salary range for most roles at Peak Toolworks is approximately from $84,405 to $108,489. 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 Peak Toolworks pay compared to Nivel?

The average annual salary at Peak Toolworks is $95,955, or an hourly wage of $46, in comparison to Nivel which pays $100,438 per year or $48 per hour.

3. Do salaries differ significantly between departments at Peak Toolworks?

Yes, salaries often differ between departments at Peak Toolworks due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Peak Toolworks?

Experience level is a significant factor in determining salary at Peak Toolworks, 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.

5. How can I determine if a salary offer from Peak Toolworks in Indianapolis is fair given the local cost of living?

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

6. What factors influence salary increases at Peak Toolworks?

Salary increases at Peak Toolworks are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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