Zip Tool & Die Salary

How much does the Zip Tool & Die Pay for employees?

As of August 2026, the average monthly salary for employees at Zip Tool & Die in the United States is $7,854. This translates to an approximate annual wage of $94,246. Salaries at Zip Tool & Die typically range from $6,914 to $8,870 monthly, reflecting the diverse roles and experience levels within the company. Zip Tool & Die’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.
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Current Job Openings at Zip Tool & Die

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Is Zip Tool & Die’s Pay Competitive? Salary Benchmarking Analysis

How does Zip Tool & Die’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)
Zip Tool & Die
MFG Durable
Aluminum Injection Mold Co
Biz Wegen Mold Co Inc
Industry Comparison
Our data shows that, on average, compensation at Zip Tool & Die 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 Zip Tool & Die average annual salary with several similar companies. Zip Tool & Die average salary of $94,246 is higher than Aluminum Injection Mold Co, which has an average salary of $93,930. It is lower than Biz Wegen Mold Co Inc, with their average salary at $105,353. This places Zip Tool & Die in a mid-range position among its peers.
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Employee Reviews: Working at Zip Tool & Die

Considering a career at Zip Tool & Die? 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.
Leadership cares about employees and works to create a safe and inclusive environment. Communication is formal to address employee concerns. A positive environment to grow professionally. Overall, this company provides a motivating and stable environment that supports long-term career growth.
Working at this manufacturing company has exceeded my expectations. You’ll stay busy, but it’s not usually overwhelming unless someone is out. It’s a decent place to work if you value predictability and stability over career growth or high engagement in your day-to-day tasks. Production goals are met with some variance in consistency. Training exists but varies in quality and access depending on l...
The benefits are great, and there's a real effort to ensure a good work-life balance. With great employee training programs and process tracking, production is fast and reliable. The processes here are mostly smooth, though occasionally. Benefits are comprehensive, covering health, retirement, and wellness initiatives.
Safety is prioritized but sometimes inconsistently enforced. it feels like a tight-knit community working towards common goals. Communication between departments sometimes lacks clarity. It’s rare to find such a structured yet flexible environment. I particularly appreciate the emphasis on employee well-being and the opportunities provided for professional development. This investment in employee ...
Training programs enhance technical and leadership skills. Onboarding was helpful, but brief. The workplace culture supports respect, collaboration, and open communication across departments. I enjoy the structure and clarity of my role.

Zip Tool & Die Overview

Website
www.ziptool.com
Founded In
1968
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
12200 Sprecher Ave Cleveland Ohio OH 44135
Revenue
$10 Million - $50 Million
Phone Number
+1 2162671117
Social Media
About Zip Tool & Die
We serve a wide range of clientele, and every client relationship is valued greatly. Each engagement benefits from the depth and breadth of our expertise. In 1968, David Ayres founded Zip Tool & Die. He believed Zip Tool & Die would one day become a thriving company. Today, Zip Tool & Die stands as a leader in the building of premium, high quality dies and precision tooling, as well as a leading f

What Benefits Does Zip Tool & Die Offer Beyond Salary?

A competitive compensation package is more than just a salary. Zip Tool & Die 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Zip Tool & Die.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Zip Tool & Die, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Zip Tool & Die salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Zip Tool & Die

1. What is the average salary for employees at Zip Tool & Die?

The average annual total compensation for employees at Zip Tool & Die is approximately $94,246. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,967 to $106,441, depending on factors like job role, experience, and location.

2. How much does Zip Tool & Die pay compared to Aluminum Injection Mold Co?

The average annual salary at Zip Tool & Die is $94,246, or an hourly wage of $45, in comparison to Aluminum Injection Mold Co which pays $93,930 per year or $45 per hour.

3. How does having a professional certification impact salary for relevant roles at Zip Tool & Die?

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 Zip Tool & Die for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Zip Tool & Die offer cost-of-living adjustments (COLA) for employees in high-cost areas like Cleveland?

While some companies offer formal COLA, many, including potentially Zip Tool & Die, 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.

5. What's the typical process for salary reviews and raises at Zip Tool & Die?

Most companies, likely including Zip Tool & Die, 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.