Tool Maker Salary
Men account for the majority of Tool Makers in the United States. The overall average income for this group is approximately $22.22 per hour. Total cash compensation to Tool Makers bottoms out near $33K and approaches $73K on the high end; the biggest paychecks include approximately $5K from bonuses and almost $20K from profit sharing. Career duration is the biggest factor affecting pay for this group, followed by geography. Work is enjoyable for Tool Makers, who typically claim high levels of job satisfaction. A strong majority report receiving medical coverage from their employers and a majority collect dental insurance. This report is based on answers to PayScale's salary questionnaire.
|Salary||$39,321 - $81,094|
|Bonus||$493.16 - $7,450|
|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).)
|$32,117 - $74,212|
|Hourly Rate||$14.42 - $30.35|
|Overtime||$18.59 - $44.09|
|Bonus||$493.16 - $7,450|
|Total Pay (||$32,117 - $74,212|
Job Description for Tool Maker
Tool makers may perform a variety of duties depending on their position and employer. Some tool maker positions involve only stamping out tools with machine, while others include working with design software and 3D modeling to come up with solutions to solve technical problems (such as components for aircraft and other vehicles). The ability to read blueprints and create tools is essential for this job. Some positions require working on a team to provide input for new products that will improve the company or field operations. Another part of the job is repairing tools and troubleshooting current tools if they are not working well.Read More...
The tool maker may be presented with a budget and have to purchase supplies and design effective tools within this budget. The tool maker also carries out tests when the tools are produced to make sure that they can withstand their intended use. A tool maker should keep up with the latest developments in the field in order to have an edge over the competition in improving current operations.
Training and education in tool making may be necessary for these positions, along with experience in the field. Math skills are important, as the tool maker performs calculations for accurate tool measurements, fits, and reactions to temperatures. For positions with fewer duties, specific education and experience may not be required; however, for more advanced positions, a postsecondary degree and technical schooling may be needed. (Copyright 2017 PayScale.com)
Tool Maker Tasks
- Read blueprints, design, maintain, and build gauges, tools, dies and other equipment.
- Test equipment, validate that it meets specifications, and file, grind, and adjust parts as needed.
- Inspect, troubleshoot, and repair tooling, dies, and equipment.
- Calibrate, set up, and run machines and equipment.
Tool Maker Job Listings
Popular Skills for Tool Maker
Tool Makers generally report applying a varied skill set to their work. Most notably, skills in CNC/NC, CAD/CAM, Machine Programming, Manufacturing, and Precision Machining are correlated to pay that is above average. At the other end of the pay range are skills like Mechanical Tool Repair. Those with knowledge of CNC/NC tend to be skilled in Precision Machining as well.
Pay by Experience Level for Tool Maker
Pay by Experience for a Tool Maker has a positive trend. An entry-level Tool Maker with less than 5 years of experience can expect to earn an average total compensation of $37,000 based on 65 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Tool Maker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $48,000 based on 47 salaries. An experienced Tool Maker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $54,000 based on 79 salaries. A Tool Maker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $56,000 based on 147 salaries.
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Rated 5 out of 5
based on 45 votes.