Victory Tool Inc Salary

How much does the Victory Tool Inc Pay for employees?

As of September 2026, the average annual salary for employees at Victory Tool Inc in the United States is $93,508. This translates to an approximate hourly wage of $45. Salaries at Victory Tool Inc typically range from $82,362 to $105,514 annually, reflecting the diverse roles and experience levels within the company. Victory Tool 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 Victory Tool Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Victory Tool 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 Victory Tool Inc

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

Is Victory Tool Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Victory Tool 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)
Victory Tool Inc
MFG Durable
PWC Services LLC
Nella Vetrina
Industry Comparison
Our data shows that, on average, compensation at Victory Tool Inc is below the average for the U.S. MFG Durable industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Victory Tool Inc average annual salary with several similar companies. Victory Tool Inc average salary of $93,508 is higher than PWC Services LLC, which has an average salary of $85,660. It is lower than Nella Vetrina, with their average salary at $107,315. This places Victory Tool Inc 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 Victory Tool Inc

Considering a career at Victory Tool 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.
In our manufacturing setting, everyone is quick to lend a hand and share knowledge. This company truly understands the needs of its manufacturing workforce. It feels wonderful and deeply fulfilling to work for an organization that genuinely values giving back to society and making a positive, meaningful cultural impact beyond its core business operations. There’s a strong sense of teamwork, and ma...
A positive atmosphere where hard work is appreciated. This consideration makes a huge difference in overall job satisfaction and well-being, allowing for a healthy integration of work and life. Overall, it’s fine, but nothing really stands out either way. Schedules are consistent, which is important for planning your personal time. The management style is hands-off.
Competitive pay and benefits contribute to employee satisfaction. Communication from management is formal but sometimes lacks transparency. Management is approachable and values our input, creating a sense of partnership rather than just employment. As someone passionate about sustainable production, I'm thrilled to work onmental responsibility, implementing energy-efficient processes, waste reduc...

Victory Tool Inc Overview

Website
www.victorytool.com
Founded In
1987
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1151 Mckinley St Anoka Minnesota MN 55303
Revenue
<$5 Million
Phone Number
+1 7633238877
Social Media
About Victory Tool Inc
Victory Tool Division began it's business in September 1987, co-owned by Sheldon Halberg and Russell Cunningham. Since that time, Victory Tool has emerged as a leading tool and die manufacturer in the upper Midwest. Victory Tool Division owns its own premises and has vast capacity available to increase business without jeopardizing the extremely high standards of quality and service for which it i

What Benefits Does Victory Tool Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Victory Tool 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 Victory Tool 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 Victory Tool 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 Victory Tool 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 Victory Tool Inc

1. How much does Victory Tool Inc in the United States pay?

Victory Tool Inc pays its employees an average of $93,508 per year. The average salary at Victory Tool Inc range from $82,362 to $105,514 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 Victory Tool Inc employees get a higher salary than its peer company?

The salary at Victory Tool Inc is higher than its peer company. The average annual salary at Victory Tool Inc is $93,508, or an hourly wage of $45, in comparison to PWC Services LLC which pays $85,660 per year or $41 per hour.

3. What are the highest paying jobs at Victory Tool Inc?

The higher-paying job at Victory Tool Inc, according to our data, include President (avg. $723,834 per year), General Manager (avg. $126,728 per year), and Manager, Production & Quality (avg. $106,279 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Victory Tool Inc?

Salary progression with years of experience at Victory Tool 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 Victory Tool Inc vary by office location?

Yes, it's very likely that salaries at Victory Tool 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 Minneapolis section provides more context.

6. Does Victory Tool Inc offer good benefits?

Victory Tool 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 Victory Tool Inc" section on this page.