Wayne Tool Salary

How much does the Wayne Tool Pay for employees?

As of July 2026, the average weekly salary for employees at Wayne Tool in the United States is $1,970. This translates to an approximate annual wage of $102,453. Salaries at Wayne Tool typically range from $1,733 to $2,228 weekly, reflecting the diverse roles and experience levels within the company. Wayne Tool’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 Wayne Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at Wayne Tool. 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 Wayne Tool

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

Is Wayne Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Wayne Tool’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)
Wayne Tool
Retail & Wholesale
Technotime Business Solutions LLC
Gorman Confections Brokerage
Industry Comparison
Our data shows that, on average, compensation at Wayne Tool is below the average for the U.S. Retail & Wholesale industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Wayne Tool average annual salary with several similar companies. Wayne Tool average salary of $102,453 is lower than Technotime Business Solutions LLC, which has an average salary of $102,579. It is higher than Gorman Confections Brokerage, with their average salary at $100,923. This places Wayne Tool 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 Wayne Tool

Considering a career at Wayne Tool? 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 company has a strong reputation, and employees are treated fairly. Colleagues are talented and supportive, making teamwork seamless. The company follows industry standards, and shifts are predictable. Fast-paced but fun. Definitely a positive workplace.
Overall, it’s a great place to build a career if you’re motivated and enjoy a dynamic environment. I’ve had multiple opportunities for career advancement, and the management team genuinely cares about employee feedback. The team works well together, and the management is open and accessible. Feels valued as an employee. Working here has been a fantastic experience. The company also promotes work-l...
While there aren’t many standout perks, the basics like health insurance and paid leave are covered adequately. It’s a reliable place to work with fair policies. Work-life balance is respected, and remote work options are available when needed. The management team is transparent about company goals, which helps with alignment.

Wayne Tool Overview

Website
www.waynetool.com
Founded In
1957
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
279 Laurel Ave Kearny New Jersey NJ 07032
Revenue
<$5 Million
Phone Number
+1 2019987200
Social Media
About Wayne Tool
Wayne Tool has been a premier supplier of the finest quality cutting tools, abrasives, fasteners and MRO supplies since 1957. Located in Northern New Jersey, our customer service and technical representatives have experience averaging over 30 years each. In addition to our dedicated and capable staff, we have partnered with some of the world's leading manufacturers of metal cutting tools and suppl

What Benefits Does Wayne Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Wayne Tool 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Wayne Tool.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Wayne Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Wayne Tool salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Wayne Tool

1. What is the average salary for employees at Wayne Tool?

The average annual total compensation for employees at Wayne Tool is approximately $102,453. However, this is an aggregate figure, actual salaries can range significantly, typically from $90,105 to $115,854, depending on factors like job role, experience, and location.

2. How much does Wayne Tool pay compared to Technotime Business Solutions LLC?

The average annual salary at Wayne Tool is $102,453, or an hourly wage of $49, in comparison to Technotime Business Solutions LLC which pays $102,579 per year or $49 per hour.

3. What is the lowest salary at Wayne Tool?

The lowest-paying job at Wayne Tool is an Inside Sales with a salary of $51,336 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Wayne Tool?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Wayne Tool for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Wayne Tool offer cost-of-living adjustments (COLA) for employees in high-cost areas like Jersey City?

While some companies offer formal COLA, many, including potentially Wayne Tool, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Wayne Tool?

Most companies, likely including Wayne Tool, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.