Practical Tools Inc Salary

How much does the Practical Tools Inc Pay for employees?

As of July 2026, the average annual salary for employees at Practical Tools Inc in the United States is $100,164. This translates to an approximate hourly wage of $48. Salaries at Practical Tools Inc typically range from $88,089 to $113,269 annually, reflecting the diverse roles and experience levels within the company. Practical Tools Inc’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 Practical Tools Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Practical Tools Inc. 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 Practical Tools Inc

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

Is Practical Tools Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Practical Tools Inc’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)
Practical Tools Inc
Retail & Wholesale
Ports International Ltd
Toyota of Fox Lake
Industry Comparison
Our data shows that, on average, compensation at Practical Tools Inc is below the average for the U.S. Retail & Wholesale industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Practical Tools Inc average annual salary with several similar companies. Practical Tools Inc average salary of $100,164 is higher than Ports International Ltd, which has an average salary of $99,763. It is higher than Toyota of Fox Lake, with their average salary at $90,259. This places Practical Tools Inc 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.

Employee Reviews: Working at Practical Tools Inc

Considering a career at Practical Tools Inc? 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 training programs are thorough, and new hires receive proper onboarding. The company also offers decent bonuses for performance. Benefits are standard for the industry. The culture is collaborative, and the leadership team genuinely cares about employee growth. The work environment is structured, and processes are clearly defined.
The company provides necessary tools, and the team is helpful. Management is responsive to feedback, and employee suggestions are often implemented. There are regular training sessions, and career growth is encouraged.
The company has consistent work hours. The benefits package is strong, and there’s a clear path for advancement. The pay is fair, and the company often recognizes hard work. The leadership is forward-thinking, and employees are empowered to take initiative. The office environment is modern, and the workload is manageable. This is a fantastic company to work for. The retail discounts are a nice ben...

Practical Tools Inc Overview

Website
www.buypt.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
10762 Noel St Los Alamitos California CA 90720
Revenue
$5 Million - $10 Million
Phone Number
+1 8664347561
Social Media
About Practical Tools Inc
BuyPT.com, Practical Tools supplier of assembly tools, Scienscope, Shenmao, Weller, Swanstrom, ASI, 3M, and Foamtec and most other brands.

What Benefits Does Practical Tools Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Practical Tools Inc 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 Long Beach?

Understanding the cost of living near Long Beach is key to truly evaluating a salary offer or your current compensation at Practical Tools Inc.
Long Beach's Cost of Living Index is approximately 136.7 (36.7% more expensive than US average; 2.2% less than CA average). Coastal city near LA, high housing costs are the main driver, though generally less than LA proper. When planning your budget based on a salary from Practical Tools Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Practical Tools Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (LB Transit monthly pass, varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,212 - $5,142+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Practical Tools Inc

1. How much does Practical Tools Inc in the United States pay?

Practical Tools Inc pays its employees an average of $100,164 per year. The average salary at Practical Tools Inc range from $88,089 to $113,269 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. Do Practical Tools Inc employees get a higher salary than its peer company?

The salary at Practical Tools Inc is higher than its peer company. The average annual salary at Practical Tools Inc is $100,164, or an hourly wage of $48, in comparison to Ports International Ltd which pays $99,763 per year or $48 per hour.

3. How much does salary increase with years of experience at Practical Tools Inc?

Salary progression with years of experience at Practical Tools Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Practical Tools Inc vary by office location?

Yes, it's very likely that salaries at Practical Tools Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Long Beach section provides more context.

5. Does Practical Tools Inc offer good benefits?

Practical Tools Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Practical Tools Inc" section on this page.