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Earnings

In June 2014, SimplyHired.com reported the average annual salary for molders was $32,000. According to the U.S. Department of Labor, median hourly wages for foundry mold and coremakers were $15.71 in May 2015, or about $32,680 annually for full-time work. The lowest paid 10 percent earned $10.76 per hour or $22,370 annually, while the highest paid 10 percent earned $22.94 per hour, or $47,700 annually. Some molders are paid on an incentive basis, and they generally have higher earnings than other production workers. Benefits for molders depend upon the foundry or manufacturing company's policies but generally include paid holidays and vacations as well as health care insurance packages.

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