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Master Lock overview

Industry
Consumer Goods
Revenue
Headquarters
Employees
7,500
Founded in
Website
Organization type
Public
Social media
Master Lock is recognized around the world as the authentic, enduring name in padlocks and security products. Since our founding in 1921, we have worked hard to earn and maintain the trust of our customers by delivering on our promise of strength and quality and by continually setting new standards for lock design, application and performance. As the largest global manufacturer and marketer of padlocks, we continue to build our founder's passion for innovation, quality, and compelling value into our expanding lines of security solutions. - See more at: http://www.masterlock.com/about_us/#sthash.VBHLnolH.dpuf
The staff at Master Lock come from unusually diverse demographic backgrounds. The company is 37.3% female and 25.4% ethnic minorities. Master Lock employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 60.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Master Lock seem to be happy. The company has great employee retention with staff members usually staying for 4.8 years.The average employee at Master Lock makes $49,376 per year. In comparison, some of its highest paying competitors, like Regal Beloit, Isola Group, and Victaulic, pay $65,919, $57,690, and $51,819, respectively.
A large manufacturing company with 7,500 employees and an annual revenue of $860.0M, Master Lock is headquartered in Wisconsin.

Master Lock's mission statement

To provide peace-of-mind and protection where people live, work and play. Master Lock company LLC is an operating unit of fortune brands home & security, inc., a leading consumer brands company.

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2.0/5

Master Lock employee reviews

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Job openings at Master Lock
9 positions

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Master Lock employee reviews

Master Lock employee reviews
2.0/5

Based on 1 ratings

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Employee reviews
profile
2.0
A zippia user wrote a review on Jul 2020
Pros of working at Master Lock

Excellent pay

Cons of working at Master Lock

Horrid management and management structure.

Master Lock benefits

Very flexible working hours.

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The team at Master Lock

  • The founders of Master Lock is Harry Soref.
  • The key people at Master Lock are Mike Bauer and Harry Soref.
Key people
Mike Bauer
Harry Soref
The inside scoop
The Master Lock Company is recognized around the world as the authentic, enduring name in padlocks and security products. Master Lock Company offers a broad range of innovative security and safety solutions for consumer, commercial, and industrial end-users. Master Lock Company LLC is an operating unit of Fortune Brands Home & Security, Inc., a leading consumer brands company. Headquartered in Deerfield, Ill., Fortune Brands Home & Security Inc. (NYSE: FBHS), is included in the S&P 500 Index. For more information about Master Lock visit www.masterlock.com.

Master Lock rankings

Master Lock is ranked #37 on the Best companies to work for in Wisconsin list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Master Lock salaries

Average Master Lock salary
$49,376
yearly
$23.74 hourly
Updated March 14, 2024

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Master Lock diversity

9.5
Diversity score
We calculated Master Lock’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Master Lock’s workforce.
Master Lock diversity summary. Zippia estimates Master Lock's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Master Lock's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Master Lock's workforce.
  • Master Lock has 7,500 employees.
  • 37% of Master Lock employees are women, while 63% are men.
  • The most common ethnicity at Master Lock is White (75%).
  • 11% of Master Lock employees are Hispanic or Latino.
  • 7% of Master Lock employees are Black or African American.
  • The average employee at Master Lock makes $49,376 per year.
  • Master Lock employees are most likely to be members of the republican party.
  • Employees at Master Lock stay with the company for 4.8 years on average.

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Master Lock financial performance

9.6
Performance score

Highest paying Master Lock competitors

Compare Master Lock salaries to competitors, including Regal Beloit, Isola Group, and Victaulic. Employees at Regal Beloit earn the highest average yearly salary of $65,919. The salaries at Isola Group average $57,690 per year, and the salaries at Victaulic come in at $51,819 per year.
RankCompanyAverage salaryJobs
1$65,9190
2$57,6900
3$51,8190
4$50,5870
5$50,4080
6$48,8370
7$48,4540
8$48,3580
9$48,1070
10$47,4660

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Master Lock FAQs

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Zippia gives an in-depth look into the details of Master Lock, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Master Lock. The employee data is based on information from people who have self-reported their past or current employments at Master Lock. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Master Lock. The data presented on this page does not represent the view of Master Lock and its employees or that of Zippia.

Master Lock may also be known as or be related to Master Lock, Master Lock Co. LLC, Master Lock Company and Master Lock Company LLC.