Planet Tool Salary

How much does the Planet Tool Pay for employees?

As of April 2026, the average annual salary for employees at Planet Tool in the United States is $84,838. This translates to an approximate hourly wage of $41. Salaries at Planet Tool typically range from $74,729 to $95,734 annually, reflecting the diverse roles and experience levels within the company. Planet Tool’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 Planet Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at Planet Tool. 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 Planet Tool

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

Is Planet Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Planet Tool’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)
Planet Tool
MFG Durable
Jaguar Transport Holdings
Rinehart Motion Systems LLC
Industry Comparison
Our data shows that, on average, compensation at Planet Tool is below the average for the U.S. MFG Durable industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Planet Tool average annual salary with several similar companies. Planet Tool average salary of $84,838 is higher than Jaguar Transport Holdings, which has an average salary of $83,456. It is lower than Rinehart Motion Systems LLC, with their average salary at $92,242. This places Planet Tool 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.

Employee Reviews: Working at Planet Tool

Considering a career at Planet Tool? 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 pace is steady, and expectations are clear. The competitive pay and solid benefits are also a significant plus, contributing to overall job satisfaction and long-term commitment. Career growth opportunities exist but are competitive. It’s a well-run operation with strong values and clear communication across all levels.
A stable, rewarding job with growth options. Team environment is great and communication is strong across departments. Managers give helpful feedback, and colleagues support each other. The culture emphasizes teamwork, respect, and continuous improvement. This predictability and fairness create a stable and trustworthy work environment where everyone feels they are treated equitably. Feedback is o...
What stands out is how leadership values input from frontline workers - our suggestions regularly lead to process improvements. Overall, it’s a stable job for someone looking for consistency and regular hours in a manufacturing environment. Scheduling is fair, and production timelines are met. Communication can be inconsistent between shifts.

Planet Tool Overview

Website
www.planet-tool.com
Founded In
1965
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
315 S Cool Springs Rd O Fallon Missouri MO 63366
Revenue
<$5 Million
Phone Number
+1 6363799800
Social Media
About Planet Tool
Planet Tool and Engineering has provided machining, manufacturing and production solutions for over 40 years. Team dedication, commitment to quality and customer service has allowed us to serve as a full service supplier to a diverse group of industries from automotive to aviation. State of the art design, machining, fabrication and assembly equipment all located under one roof allows us to guaran

What Benefits Does Planet Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Planet Tool 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)
Work at Planet Tool?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Saint Louis?

Understanding the cost of living near Saint Louis is key to truly evaluating a salary offer or your current compensation at Planet Tool.
Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). Major city, Gateway Arch, affordable housing, MetroLink/Bus. When planning your budget based on a salary from Planet Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Planet Tool salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $78 (Metro 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 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,208 - $3,548+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Planet Tool

1. How much does a Planet Tool employee make?

Planet Tool pays its employees an average of $84,838 per year. The average salary at Planet Tool range from $74,729 to $95,734 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 Planet Tool?

The salary at Planet Tool is higher than the similar company. The average annual salary at Planet Tool is $84,838, or an hourly wage of $41, in comparison to Jaguar Transport Holdings which pays $83,456 per year or $40 per hour.

3. How much does a Plant Manager typically earn at Planet Tool?

A Plant Manager at Planet Tool typically earns an average annual base salary of around $151,055, with a general range of $131,913 to $168,606.

4. Do employees with advanced degrees (Master's, PhD) earn more at Planet Tool?

In many roles at Planet Tool, 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 Saint Louis affect the perceived value of a Planet Tool salary?

Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). This significantly impacts the purchasing power of a salary from Planet Tool based there. Our "Cost of Living Insights for Saint Louis" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Planet Tool typically offer employees?

Planet Tool 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 Planet Tool" section on this page.