SEK 489,794 USD

per year
Hourly Rate SEK 235.48
Bonus SEK 8,620

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What am I worth?

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Entry Level SEK 354K
Average SEK 490K
Senior Level SEK 587K

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The average pay for a Tool Maker is SEK 489,794, which is SEK 235.48 an hour in Sweden. The average salary range for a Tool Maker is between SEK 354,121 and SEK 587,262. On average, a Associate is the highest level of education for a Tool Maker.

This compensation analysis comes from aggregated salary survey data for Sweden. ERI's compensation information is based on employer-reported data collected from ERI's salary surveys, customer HRIS data, data from Proxies/10Ks and Forms 990, proprietary databases, and purchased survey data. Cost-of-labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc. For more information, see ERI's methodology.

Powered by ERI's Assessor database

What should I pay?

Price a Job

What am I worth?

Find Market Worth

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Salary Potential for Tool Maker

Explore the estimated salary growth for Tool Maker in Sweden for up to 5 years. The estimated salary of Tool Maker in 1 year will be SEK 500,650, and in 5 years, will be SEK 546,536.

Number of Years

2 Years

Estimated Salary

SEK 511,747 USD

Percentage Growth

0%

Growth Trajectory

The estimated salary growth for Tool Maker in [# of years] is [salary], which is [average growth %] average growth. This information is based on ERI's compensation database.

What Does a Tool Maker Do?

Fabricates or repairs cutting tools, jigs, fixtures, gauges, or machinists' handtools by analyzing variety of specifications, laying out metal stock, setting up and operating machine tools, and fitting and assembling parts, applying knowledge of tool design, shop mathematics, metal properties, and layout, machining, and assembly procedures. Examines specifications, such as blueprints, sketches, or tool description, and arranges sequence of operations. Measures, marks, and scribes metal stock to lay out workpieces for machining lay-out worker. Sets up and operates machine tools, such as lathe, milling machine, shaper, and grinder, to machine parts to specifications, and verifies conformance of machined parts to specifications tool-machine set-up operator. Positions and secures parts on surface plate or worktable, using devices such as vises, v-blocks, and angle plates. Fits and assembles parts into assemblies or mechanisms, using handtools. Verifies dimensions and alignment, using measuring instruments such as micrometers, height gauges, and gauge blocks. Examines standard tools and modifies tools as required. Develops specifications from general descriptions and draws or sketches tool to be fabricated, using drafting tools or computer and software programs. May heattreat tools or parts heat treater ii. May be designated according to special materials used as carbide-tool maker; diamond-tool maker. May only repair tools and be designated tool repairer.

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Education, Skills, and Certifications for Tool Makers

Gain access to salary differentials for education and skills in ERI's Salary Assessor

Education

Below is the average education level for a Tool Maker. About 50% have a Associate degree, 50% have a High School Diploma, and 0% have a Doctorate degree.

  • Associate Degree 50%
  • High School Diploma 50%
  • Doctorate Degree 0%
  • Master's Degree 0%
  • Bachelor's Degree 0%
  • Less Than HS 0%

Top Skills

Below are top skills for a Tool Maker. 80% of Tool Makers have a skill in Assesses specifications. The top 3 most popular skills for Tool Makers are Assesses specifications.

  • Assesses specifications 80%

Do you have certifications for Tool Maker?

Learn more about how earning certificates can impact your salary.

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Compare Tool Maker Salaries by Location

See how Tool Maker salaries vary by region and find the best location for your career.

Cost of Living in Sweden

The cost of living in Sweden is 0% equal to than the national average.

Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.

Explore Cost-of-Living Calculator

Why Your Salary May Look Different

This information is based on a specific job title and location, but real-world compensation can vary based on factors like years of experience, company size, shift differentials, and more. Because of these variables, your actual pay may fall above or below the average ranges shown. Use ERI's salary data and compensation management platform to identify market trends and accurately adjust pay so that you can price jobs competitively.

Based on the average salary in the United States, if your shift differential is 10%, then your pay will increase by SEK 23.55/hour

*Some jobs may not be adjusted using shift differentials. Please contact [email protected] for additional information.

Accurate Pay Adjustment Insights with ERI

Use ERI's shift differential data to calculate pay for night, day, and swing shifts to benchmark compensation with confidence. Our robust salary survey data can help you accurately price roles using industry-specific shift policies.

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Frequently Asked Questions

Common questions about Tool Maker salaries and career insights

How much does a Tool Maker make in Sweden?

ERI's data indicated that, on average, a Tool Maker is SEK 489,794 per year or SEK 235.48 per hour in Sweden, which is 1% lower than the national average. Top earners have reported making up to SEK 587,262. However, the typical pay range in Sweden, is between SEK 354,121 and SEK 587,262 annually.

What is the salary potential for Tool Maker in 5 years?

Tool Maker is projected to see 11.6% salary growth in 5 years.

What are some factors that impact Tool Maker salaries?

Several factors can impact the salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect the role can provide opportunities to earn more. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns.

How can I accurately price jobs for my organization?

There are several factors that can impact the salary, including experience, company size, job market, location, industry, education, certificates, shift differentials, and more. Understanding how these factors affect the role can help you spot pay gaps and retain top talent. ERI's Assessor Platform brings these factors together in one platform, making it easy to benchmark roles, analyze insights, and set pay with confidence.

What is ERI Economic Research Institute?

ERI Economic Research Institute was founded over 35 years ago to provide trusted compensation data for private and public organizations. ERI has established itself as a gold standard for global salary benchmarking and geographic differentials and has evolved to offer a complete compensation management software solution.

How can ERI help HR and compensation experts?

With decades of experience in compensation, ERI offers an extensive and reliable salary survey database powered by the Assessor Platform, a comprehensive compensation management solution that optimizes complex processes for accuracy and efficiency.

HR and compensation professionals in organizations ranging from small companies to the Fortune 500 rely on ERI's Assessor Platform to:

  • Effectively plan and manage compensation and benefits
  • Streamline workflows using AI-powered solutions, such as AI Job Matching, AI-Generated Job Descriptions, AI Pay Grade Creation, and ERI's cutting-edge AI Job Growth Model
  • Benchmark salaries in local labor markets and specific industries
  • Develop competitive executive compensation packages
  • Compare the cost of living in locations across the globe
  • Develop lasting pay structures
  • And so much more
How often does ERI's compensation database get updated?

ERI's team of PhD-level data scientists and seasoned compensation professionals review and validate our salary data approximately every six weeks, ensuring the accuracy of the data that we publish. Learn more about our methodology.

What educational resources does ERI offer for professionals?

ERI offers 36 free self-study courses through our Distance Learning Center, helping professionals master technical domains like market pricing and geographic differentials. While course content is complimentary, practitioners can choose to pursue the Compensation Analyst (CAC) or Compensation Committee (CCC) credentials to validate their expertise and earn up to 20 HRCI or SHRM recertification credits. Learn more.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

For over 35 years, ERI has compiled the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources

Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.

Real-Time Data

Our salary database is updated and verified approximately every six weeks.

Quality Assurance

Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

10,500+

Locations

35,900+

Job Titles

4,400+

Skills

5,500+

Certifications

1,100+

Industries