Precious Metal Workers Salary 2017: How Much Money Do They Make

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hourly pay for Precious Metal Workers
do Precious Metal Workers make a lot of money

Precious Metal Workers

Other names for this job might include Artist, Bench Jeweler, Bench Mechanic, Brass Chaser, Bronze Chaser, Caster, Chaser, Engraver, Fabricator, Goldsmith


  • $42310
    Salary
  • 53%
    Job satisfaction
  • Medium
    Becoming one
  • Bad
    Job growth
OwlGuru Rank

D



How Much Successful Precious Metal Workers Make In 2017


In this salary guide, you will find out how much do Precious Metal Workers make.

After reading this, you will be able to make a decision if working as a Precious Metal Worker will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).



Average salary

Annual salary
$42310 per year

Hourly wage
$20.340 per hour


1 of the most popular questions we get from our readers here at OwlGuru is how much do Precious Metal Workers make per year and what is their hourly wage.

According to BLS, the average annual salary of Precious Metal Workers is $42310. Their salary can also be as low as $22060 if you’re still a newbie with no experience to over $66110 if you have a ton of experience under your belt.

The typical hourly pay is $20.340 and can range from $10.610 to $31.780 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of A Precious Metal Worker will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank
C

We wanted to make it easy for our readers to compare the salary of A Precious Metal Worker to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do Precious Metal Workers make with other careers, they have a salary rank of C.



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Salary range

LevelHourlyYearly
Highest (Top 10%)$31.780$66110
Senior (Top 25%)$24.230$50410
Middle (Mid 50%)$18.370$38200
Junior (Bottom 25%)$13.410$27900
No experience (Bottom 10%)$10.610$22060


Entry-level Precious Metal Workers who starts out at $27900 can expect to make $38200 after 3-5 years of experience in the field.

The bottom 10% makes less than $10.610 per hour while the top 10% makes over $31.780 per hour.

While the median wage is $38200 per annum or $18.370 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.


Highest paying industries

Industry nameHourly wageAnnual salary
Other Professional, Scientific, and Technical Services24.9951970
Wholesale Electronic Markets and Agents and Brokers24.250340
Management of Companies and Enterprises23.1348120
Professional, Scientific, and Technical Services21.2944280
Clothing and Clothing Accessories Stores20.5142660
Jewelry, Luggage, and Leather Goods Stores20.5142660
Retail Trade20.4642560
Wholesale Trade19.4440430
Merchant Wholesalers, Durable Goods19.4140370
Miscellaneous Durable Goods Merchant Wholesalers19.440360
All industries19.440350
All industries, private ownership only19.440350
Finance and Insurance19.2139950
Credit Intermediation and Related Activities19.2139950
Nondepository Credit Intermediation19.2139950
Other Nondepository Credit Intermediation19.2139950
Other Services (except Federal, State, and Local Government)18.5138510
Repair and Maintenance18.5138510
Personal and Household Goods Repair and Maintenance18.4838430
Specialized Design Services18.3838220
Nonstore Retailers17.8637160
Electronic Shopping and Mail-Order Houses17.8637160
Jewelry and Silverware Manufacturing17.4536290
Miscellaneous Manufacturing17.4136210
Other Miscellaneous Manufacturing17.4136210
Manufacturing17.3736130
Miscellaneous Store Retailers16.0933470
Sector 56- Administrative and Support and Waste Management and Remediation Services15.8432940
Administrative and Support Services15.8432940
Employment Services15.8432940
Fabricated Metal Product Manufacturing14.6530480
Coating, Engraving, Heat Treating, and Allied Activities14.6530480
Merchant Wholesalers, Nondurable Goods13.5728230
Miscellaneous Nondurable Goods Merchant Wholesalers13.5728230

Not all industries pay the same for Precious Metal Workers.

1 of the easiest way to increase your salary is to change industries and find a higher paying one.



Highest paying states

StateHourlyAnnual
NV$26.41$54940
AL$25.8$53660
NJ$24.77$51510
VA$24.19$50310
SC$23.99$49910
NC$23.08$48000
OR$22.2$46180
UT$21.79$45330
PA$21.62$44980
IL$21.51$44750

Another simple way to boost your pay as A Precious Metal Worker is to move to a higher paying state. However moving to a higher paying state like NV doesn’t mean you will make more overall. This is because the expenses at NV may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful Precious Metal Workers are in the states of NV, AL, NJ, VA and SC. The average salary in NV is $54940.



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Rank: D
Salary: $40350

They fabricate and repair jewelry articles. Make models or molds to create jewelry items.
Rank: C
Salary: $38240

They repair, clean, and adjust mechanisms of timing instruments, such as watches and clocks. Includes watchmakers, watch technicians, and mechanical timepiece repairers.
Rank: C
Salary: $48370

They set up and operate machines, such as lathes, milling and engraving machines, and jig borers to make working models of metal or plastic objects. Includes template makers.
Rank: D
Salary: $40350

They fabricate, finish, or evaluate the quality of gems and diamonds used in jewelry or industrial tools.
Rank: C
Salary: $36200

They repair percussion, stringed, reed, or wind instruments. May specialize in one area, such as piano tuning.





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Career type

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Maintenance, Installation and Repair, Production

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Related to Precious Metal Workers Salary

Precious Metal Workers salary, how much do Precious Metal Workers earn, Precious Metal Workers hourly wage, Precious Metal Workers annual pay, highest paying industries for Precious Metal Workers, which states pay the highest for Precious Metal Workers

Additional resources

http://www.bls.gov/OOH/production/jewelers-and-precious-stone-and-metal-workers.htm
http://www.gia.edu/
http://www.jewelers.org/
http://www.mjsa.org/

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Precious Metal Workers
Written by: Stanley Tan
Precious Metal Workers cast, anneal, solder, hammer, or shape gold, silver, pewter or other metals to form jewelry or other metal items such as goblets or candlesticks.
3 / 5 stars

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