Tool Turret Lathe Set-Up Operator Salary

Average Tool Turret Lathe Set-Up Operator Base Salary in the United States

Average Base Salary

$43,937 Per Year

Salary Range: $29,525 to $61,175

Tool Turret Lathe Set-Up Operator Salary

$29,525

10%

$36,156

25% 

$ 43,937

AVERAGE

$49,205

75%  

$61,175

90%  

How Much Does a Tool Turret Lathe Set-Up Operator Make Per Year in the United States?

The national average salary for a  Tool Turret Lathe Set-Up Operator is $43,937 per year in the United States. It can vary depending on the employer and the skills required for that position, but generally, it will be about $43,937 or more annually for a gross salary. Taxes impact salaries, so to get the net salary we’ve crunched the data and gotten the tax information on what the take-home pay would be after the effective income tax rates. 

Technology Used

G-code – Object or component oriented development software

Autodesk HSMWorks – Industrial control software

Inventory tracking software – Inventory management software

Computer numerical control CNC editor software – Industrial control software

M-code – Object or component oriented development software

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Knowledge and Expertise

Mathematics

Mechanical

Education and Training

Production and Processing

Computers and Electronics

Public Safety and Security

Soft Skills

Operations Monitoring

Operation and Control

Monitoring

Quality Control Analysis

Reading Comprehension

Active Listening

What is the salary range of a Tool Turret Lathe Set-Up Operator?

Tool Turret Lathe Set-Up Operator salaries vary depending on the company you work for, your experience level, industry, education, and years of experience. The average annual salary is around $43,937 but a Tool Turret Lathe Set-Up Operator can earn a base salary anywhere from $29,525 to $61,175 per year with some companies paying more than others.

Pay ranges on average for a Tool Turret Lathe Set-Up Operator job title only vary a good amount, which may mean that there are many opportunities to earn more income in the future regardless of the employers or your location, industry, and experience.

A salary range that varies also means there is ability to move up within the company, as there may be as many opportunities for advancement or to change your job title. This opportunity for  advancement can help with can increase their job satisfaction and motivation.

What are the Highest Salaries for a Tool Turret Lathe Set-Up Operator?

The highest Tool Turret Lathe Set-Up Operator salaries in the top 10% earn more than $61,175 per year. The salary range for the top 75% – 90% is between and $49,205 and $61,175 annually.

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What are the Lowest Salaries for a Tool Turret Lathe Set-Up Operator?

The lowest Tool Turret Lathe Set-Up Operator salaries are in the bottom 10% of earners who make less than $29,525 per year. The salary range for the lowest 10% – 25% is between $29,525 and $36,156 annually.   

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What is a Good Salary for a Tool Turret Lathe Set-Up Operator?

If we only look at the data for Tool Turret Lathe Set-Up Operator salaries and we don’t compare it to any other jobs, a good salary for a Tool Turret Lathe Set-Up Operator job would be over $43,937 per year. This is the average salary for this position in the United States. An excellent pay for a Tool Turret Lathe Set-Up Operator would be anything over the top 75%, which is $49,205 annually.

How Can I Increase My Salary as a Tool Turret Lathe Set-Up Operator?

There are a few ways you can increase your average salary for a profession as a Tool Turret Lathe Set-Up Operator. One way is to get promoted to a higher level and take on more duties within your employer. Another way is to gain more experience and skills in your career. You can also try negotiating higher compensation next performance review, when you are up for renewal or starting a new contract with a business.

Finally, you can look for a new job at a different employer that pays more. One thing not to overlook is companies often give their employees incentives and benefits outside of salaries. The total compensation, like healthcare, paid vacation days, 401k matches, bonuses, overtime, professional development, a career path in the company, and other benefits, need to be considered, which can add up to a lot more money than just a salary increase.

What are the Top Paying Industries for a Tool Turret Lathe Set-Up Operator?

The top paying industries for a Tool Turret Lathe Set-Up Operator job vary depending on the position’s specific responsibilities, employers, and qualifications. However, some common reported high-paying industries for include the following:

  • Professional, Scientific, and Technical Services
  • Fabricated Metal Product Manufacturing
  • Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing
  • Turned Product and Screw, Nut, and Bolt Manufacturing
  • Machinery Manufacturing
  • Finance and Insurance

Does a Tool Turret Lathe Set-Up Operator Have a Good Quality of Life?

Based on an average 2-bedroom apartment rental price, a Tool Turret Lathe Set-Up Operator would pay 15.63% of their monthly take-home pay towards rent. That’s $1,310 per month or $15,720 yearly for a two-bedroom apartment.

The rent is less than 30% of the monthly take-home pay for an Tool Turret Lathe Set-Up Operator, which can helps lessen a financial burden and impact their quality of life.

This is because a high rent-to-income ratio would leave less money each month for other expenses, such as food, transportation, recreation, and activities. It can lead to financial stress, impacting overall job satisfaction and motivation.

Considering the cost of living in a city when considering whether to accept a job offer is essential. If the cost of living is too high, it might not be worth it, even if the salary is good.

Does a Tool Turret Lathe Set-Up Operator make good money?

 In general, a Tool Turret Lathe Set-Up Operator can make a decent salary but is a little lower than average. The national average salary is $52,632 annually which is more than the average Tool Turret Lathe Set-Up Operator salary, meaning this might not be a livable wage. According to data and labor statistics from the Bureau of Labor Statistics, the average Tool Turret Lathe Set-Up Operator pay is below the median salary.

However, salaries can vary depending on the company you work for, what you are responsible for, education, college degree, work experience, job market, and your experience level. The highest-paid can earn upwards of 61,175 per year, while the lowest-paid income is less than 29,525 annually.

If you want to maximize your earnings as a Tool Turret Lathe Set-Up Operator, take on more responsibility, and gain more experience in related skills. Also, build interpersonal skills and strong leadership skills, get a certification in your field and then negotiate for a higher salary next performance review, when you are up for renewal or starting a new contract with a business.

The best thing you can do is develop yourself and gain knowledge. Many courses, additional training, and professional development opportunities in your area can help increase your skills and development in your job or related field.

You can also get your resume reviewed and look for a new employer that will hire and pay more or look for a career change that is hiring and may interest you more.

Salaries are also relative to the cost of living in different parts of the country. For example, the compensation for a Tool Turret Lathe Set-Up Operator will need to be higher if it is in or closer to larger cities like New York City or some states like California. The increase in pay in these areas is because of the higher than average cost of living and more interested applicants for employment versus someone living in a small town. With the cost of housing increasing and medical care premium costs, it is essential to ensure you are getting paid what you are worth.

How do I know I’m being paid fairly as a Tool Turret Lathe Set-Up Operator?

The easiest way is to see how close your current salary is to the average pay for your position in your state and city. If your income is below the estimated average wage in your area, you can try to negotiate for a raise.

You can use our research and tools to discover the average salary for a Tool Turret Lathe Set-Up Operator in your city or region to see if you are being compensated fairly. You may also compare your income to similar jobs and careers to determine whether you are underpaid or overpaid. Lastly, you can set up job alerts to see how the job market trends.

A few other ways you can research whether you’re being paid fairly as a Tool Turret Lathe Set-Up Operator is to do a job search to look at job postings for similar positions and see the estimate for the listed salary range. You can also talk to people in your network who have similar jobs and ask them what they earn. Finally, you can try negotiating a higher pay when you are up for renewal, having a performance evaluation, or starting a new contract.

What Factors Determine the Salary of a Tool Turret Lathe Set-Up Operator?

The money a Tool Turret Lathe Set-Up Operator can make each year greatly depends on a few components that determine an average base salary.

The company you work for is one of the main factors that affect how much a Tool Turret Lathe Set-Up Operator earns.

The compensation will also depend on the location, as some states and cities have a higher cost of living than others. Other factors that affect compensation are the number of hours worked, company size, job type, level of experience in your career, and location.