Spectrum Tool Engineers Pvt Ltd Salary

How much does the Spectrum Tool Engineers Pvt Ltd Pay for employees?

As of August 2026, the average weekly salary for employees at Spectrum Tool Engineers Pvt Ltd in the United States is $1,667. This translates to an approximate annual wage of $86,683. Salaries at Spectrum Tool Engineers Pvt Ltd typically range from $1,468 to $1,881 weekly, reflecting the diverse roles and experience levels within the company. Spectrum Tool Engineers Pvt Ltd’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 Spectrum Tool Engineers Pvt Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Spectrum Tool Engineers Pvt Ltd. 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 Spectrum Tool Engineers Pvt Ltd

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

Is Spectrum Tool Engineers Pvt Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Spectrum Tool Engineers Pvt Ltd’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)
Spectrum Tool Engineers Pvt Ltd
MFG Durable
North Shore Manufacturing Corp
Testamatic Systems Pvt Ltd
Industry Comparison
Our data shows that, on average, compensation at Spectrum Tool Engineers Pvt Ltd is below the average for the U.S. MFG Durable industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Spectrum Tool Engineers Pvt Ltd average annual salary with several similar companies. Spectrum Tool Engineers Pvt Ltd average salary of $86,683 is higher than North Shore Manufacturing Corp, which has an average salary of $85,734. It is lower than Testamatic Systems Pvt Ltd, with their average salary at $90,344. This places Spectrum Tool Engineers Pvt Ltd in a mid-range position among its peers.
See Your True Competitors
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Employee Reviews: Working at Spectrum Tool Engineers Pvt Ltd

Considering a career at Spectrum Tool Engineers Pvt Ltd? 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 between departments varies. Workloads can fluctuate significantly during busy periods. The leadership team is transparent and supportive, fostering open communication. The company's global reach means exposure to diverse manufacturing challenges and solutions. Advancement opportunities are available, but they’re limited.
From intricate component assembly to large-scale final product fabrication, there's always a new challenge to tackle. The hours are predictable, and the pay is fair for the work. The company also offers good training programs and encourages employees to develop new skills. It allows for impressive capabilities while maintaining focus on individual development.
Good for those who prefer defined routines over constant interaction. Clean, organized facility with efficient processes and great coworkers. Even when things get busy, the atmosphere remains positive and supportive. Safety protocols are serious, and everyone is held to the same standard.

Spectrum Tool Engineers Pvt Ltd Overview

Website
www.spectrummoulds.com
Founded In
2001
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
128 W Porter St Jackson Michigan MI 49202
Revenue
<$5 Million
Phone Number
+1 5177681056
Social Media
About Spectrum Tool Engineers Pvt Ltd
Spectrum Tool Engineers was started in the year 1990 by Mr. V. Sudarshan a Technocrat with a Expertise of Die and Mould making obtained from a reputed institute. Design and development of Tools for Precision Engineering Industries is our forte. Over the years, we have evolved to be a premier player in the field of Design, Mould making, Injection Moulded plastic part production, Sub-assemblies, Mec

What Benefits Does Spectrum Tool Engineers Pvt Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spectrum Tool Engineers Pvt Ltd 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Spectrum Tool Engineers Pvt Ltd.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Spectrum Tool Engineers Pvt Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Spectrum Tool Engineers Pvt Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spectrum Tool Engineers Pvt Ltd

1. What is the typical salary range (low to high) for most roles at Spectrum Tool Engineers Pvt Ltd?

The typical annual salary range for most roles at Spectrum Tool Engineers Pvt Ltd is approximately from $76,351 to $97,819. 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 Spectrum Tool Engineers Pvt Ltd pay compared to North Shore Manufacturing Corp?

The average annual salary at Spectrum Tool Engineers Pvt Ltd is $86,683, or an hourly wage of $42, in comparison to North Shore Manufacturing Corp which pays $85,734 per year or $41 per hour.

3. Do salaries differ significantly between departments at Spectrum Tool Engineers Pvt Ltd?

Yes, salaries often differ between departments at Spectrum Tool Engineers Pvt Ltd 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 Spectrum Tool Engineers Pvt Ltd?

Experience level is a significant factor in determining salary at Spectrum Tool Engineers Pvt Ltd, 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 Spectrum Tool Engineers Pvt Ltd in Detroit is fair given the local cost of living?

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

6. Why might an individual's actual salary at Spectrum Tool Engineers Pvt Ltd differ from the ranges shown here?

An individual's actual salary at Spectrum Tool Engineers Pvt Ltd can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.