$65,000
Avg. Salary
$24.07
Avg. Hourly Rate

Average additional compensation:

$1,965

Bonus

$1,242

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Mold Maker with Precision Machining skills is $24.07 per hour.

The average pay for a Mold Maker with Precision Machining skills is $65,000 per year.

10%
$16.69
10%
$24.07
50%
$30.87
90%
90%
MEDIAN $24.07
10%
$35k
10%
$65k
50%
$115k
90%
90%
MEDIAN $65,000
$34,521 - $114,824
$35K
$65K
$110K
MEDIAN: $65,000
10%
50%
90%

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$16.69 - $30.87
$17
$24
$31
MEDIAN: $24.07
10%
50%
90%

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$0$114K
Salary $34,521 - $114,824
Bonus $482 - $5,152
Profit Sharing $1,242
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$36,038 - $75,495
  • Country: United States
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 17
Hourly Data $0$46
Hourly Rate $16.69 - $30.87
Hourly Tips $3.33
Overtime $24.93 - $46.84
Annual Data $0$75K
Bonus $482 - $5,152
Profit Sharing $1,242
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$36,038 - $75,495
  • Country: United States
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 151

Job Description for Mold Maker

Mold makers create, adjust, and adapt the molds used in cast manufacturing. Most frequently, tool and machine parts manufacturers are the employers for mold makers. Mold makers typically work with specifications from a design team, and they need to know how to work from schematics and be familiar with computer-aided design (CAD) programs for this purpose. The mold maker then creates initial molds. Upon the successful completion of production runs and quality control for parts from the casting, the maker then puts the mold into the production cycle. Mold makers often work with existing parts, making necessary adjustments to existing molds and conforming existing molds to new product specifications.

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Mold Maker Tasks
  • Construct new tooling for blow molds, die cast tooling and metal stamping tools.
  • Set up equipment by studying mold requirements, materials and tolerances.
  • Plan molds by reading blueprints, instructions and sketches.
  • Create prototype products and fixtures and jigs for production.
  • Maintain and repair existing tooling and molds.

Mold Maker Job Listings

Pay by Experience Level for Mold Maker

Pay by Experience for a Mold Maker has a positive trend. An entry-level Mold Maker with less than 5 years of experience can expect to earn an average total compensation of $38,000 based on 11 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Mold Maker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $41,000 based on 15 salaries. An experienced Mold Maker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $58,000 based on 11 salaries. A Mold Maker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $63,000 based on 21 salaries.

Key Stats for Mold Maker

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.
Less than 1 year
1%
1-4 years
18%
5-9 years
15%
10-19 years
10%
20 years or more
56%

Experience Affects Mold Maker Salaries

Late-Career
▲20%

Experienced
▲11%

National Average
$52,000

Mid-Career
▼22%

Entry-Level
▼27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
15%
10-19 years
10%
20 years or more
56%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 66%
vision benefits
Vision: 51%
no benefits
None: 11%