Praet Tool & Engineering Inc Salary
How much does the Praet Tool & Engineering Inc Pay for employees?
How Much Does Praet Tool & Engineering Inc Pay for Different Roles?
President
$695,175 / year
Salary Range: $532,736 - $874,359
Executive
Director, Sales
$164,650 / year
Salary Range: $145,828 - $184,215
Sales
Manager, Purchasing
$104,703 / year
Salary Range: $94,668 - $115,345
Procurement/Purchasing
Office Manager
$69,660 / year
Salary Range: $61,479 - $78,127
Management
Mechanical Design Engineer
$45,514 / year
Salary Range: $39,347 - $54,325
Mechanical
Administration
$43,864 / year
Salary Range: $39,831 - $48,072
Administrative Assistant II
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Current Job Openings at Praet Tool & Engineering Inc
Is Praet Tool & Engineering Inc’s Pay Competitive? Salary Benchmarking Analysis
How Praet Tool & Engineering Inc's Salaries Compare to Similar Companies?
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Salary Range: $81,519 - $104,441
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Employee Reviews: Working at Praet Tool & Engineering Inc
Praet Tool & Engineering Inc Overview
What Benefits Does Praet Tool & Engineering Inc Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Sterling Heights?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $950 - $1,400+ | A significant portion of Praet Tool & Engineering Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $240 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (SMART monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $600+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $670+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,260 - $3,480+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Praet Tool & Engineering Inc
1. How much does Praet Tool & Engineering Inc in the United States pay?
Praet Tool & Engineering Inc pays its employees an average of $89,806 per year. The average salary at Praet Tool & Engineering Inc range from $79,100 to $101,344 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 Praet Tool & Engineering Inc employees get a higher salary than its peer company?
The salary at Praet Tool & Engineering Inc is lesser than its peer company. The average annual salary at Praet Tool & Engineering Inc is $89,806, or an hourly wage of $43, in comparison to Crescent Sheet Metal Inc which pays $92,559 per year or $44 per hour.
3. What are the highest paying jobs at Praet Tool & Engineering Inc?
The higher-paying job at Praet Tool & Engineering Inc, according to our data, include President (avg. $695,175 per year), Director, Sales (avg. $164,650 per year), and Manager, Purchasing (avg. $104,703 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
4. How much does salary increase with years of experience at Praet Tool & Engineering Inc?
Salary progression with years of experience at Praet Tool & Engineering 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.
5. Do salaries at Praet Tool & Engineering Inc vary by office location?
Yes, it's very likely that salaries at Praet Tool & Engineering 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 Sterling Heights section provides more context.
6. Does Praet Tool & Engineering Inc offer good benefits?
Praet Tool & Engineering 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 Praet Tool & Engineering Inc" section on this page.
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