Technical Methods Inc Salary

How much does the Technical Methods Inc Pay for employees?

As of July 2026, the average monthly salary for employees at Technical Methods Inc in the United States is $7,871. This translates to an approximate annual wage of $94,457. Salaries at Technical Methods Inc typically range from $6,932 to $8,881 monthly, reflecting the diverse roles and experience levels within the company. Technical Methods 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 Technical Methods Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Technical Methods 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 Technical Methods Inc

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Is Technical Methods Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Technical Methods 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)
Technical Methods Inc
MFG Durable
La Slot Machine Co Inc
Conmark Systems Inc
Industry Comparison
Our data shows that, on average, compensation at Technical Methods Inc is below the average for the U.S. MFG Durable industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Technical Methods Inc average annual salary with several similar companies. Technical Methods Inc average salary of $94,457 is lower than La Slot Machine Co Inc, which has an average salary of $99,974. It is higher than Conmark Systems Inc, with their average salary at $87,200. This places Technical Methods Inc in a mid-range position among its peers.
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Employee Reviews: Working at Technical Methods Inc

Considering a career at Technical Methods 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.
Communication between shifts could be improved. This company offers a refreshing work atmosphere for the manufacturing industry. The role provides consistent pay and predictable hours. The emphasis on safety and process improvement shows they care about doing things right.
A very forward-thinking workplace. Great leadership at the plant. They invest in state-of-the-art equipment, making day-to-day tasks safer and more efficient.
Safety is prioritized, with protocols consistently enforced. With great employee training programs and process tracking, production is fast and reliable. Tools and resources are adequate and it is somehow cutting-edge.

Technical Methods Inc Overview

Website
www.tmethods.com
Founded In
1993
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1951 Commerce Dr SE Lonsdale Minnesota MN 55046
Revenue
$5 Million - $10 Million
Phone Number
+1 9524692185
Social Media
About Technical Methods Inc
Technical Methods, Inc, based in Lakeville, Minnesota specializes in the production of pattern tooling used in aerospace and commercial industries. The tooling is built for both production and prototype applications using the latest in CAD/CAM technology. TMI has a 13,000 sq ft facility with 9 CNC machining centers and 24 skilled employees with an average of over 20 years experience in this indust

What Benefits Does Technical Methods Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Technical Methods 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Technical Methods Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Technical Methods Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Technical Methods Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Technical Methods Inc

1. What is the typical salary range (low to high) for most roles at Technical Methods Inc?

The typical annual salary range for most roles at Technical Methods Inc is approximately from $83,187 to $106,575. 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 Technical Methods Inc pay compared to La Slot Machine Co Inc?

The average annual salary at Technical Methods Inc is $94,457, or an hourly wage of $45, in comparison to La Slot Machine Co Inc which pays $99,974 per year or $48 per hour.

3. Do salaries differ significantly between departments at Technical Methods Inc?

Yes, salaries often differ between departments at Technical Methods Inc 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 Technical Methods Inc?

Experience level is a significant factor in determining salary at Technical Methods Inc, 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 Technical Methods Inc in Minneapolis is fair given the local cost of living?

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

6. What factors influence salary increases at Technical Methods Inc?

Salary increases at Technical Methods Inc 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.