Forbanco Inc Salary

As of July 2026, the average annual salary for employees at Forbanco Inc in the United States is $100,638. This translates to an approximate hourly wage of $48. Salaries at Forbanco Inc typically range from $88,657 to $113,574 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Forbanco Inc

Ready for your next career move? Explore current job openings at Forbanco Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Forbanco Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Forbanco Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Daycando Corp $101,936
+1.3%
Suggests Daycando Corp utilizes a highly similar base-plus-benefits compensation model.
Qictap Inc $106,355
+5.7%
Supported by Qictap Inc's high-margin contracts allowing higher overhead.
Yarubi Inc $107,758
+7.1%
Adjusted for higher cost-of-living indices in Yarubi Inc's primary metro hubs.
Boltdown Inc $105,459
+4.8%
Data suggests Boltdown Inc's workforce skews heavily towards veteran, high-tenure roles.
Software & Networking Industry $126,859
+26.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Forbanco Inc

Considering a career at Forbanco Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The company culture is inclusive, and there’s a strong focus on employee well-being. The team is collaborative, and management is invested in employee well-being. While not the most glamorous workplace, it offers steady hours and a predictable routine. Compensation is fair, and bonuses are performance-based, which keeps me motivated.
The employee discount is generous, and the team atmosphere is positive. A company with growth opportunities. I’ve grown professionally here. Decent pay and quarterly incentives. Management is supportive, and the work-life balance is excellent. Coworkers are friendly, and teamwork is encouraged.
Compensation is fair, and the company adapts well to industry changes. The company maintains a professional atmosphere with reasonable expectations. I’ve had opportunities to develop new skills and feel appreciated for my contributions. The benefits are great, and the leadership team is inspiring. Coworkers are friendly, and shifts are flexible.

Forbanco Inc Overview

Website
Data pending, update soon.
Founded In
1984
Employees
25 - 50 employees
Industry
Software & Networking
Headquarter Address
1209 Orange St Wilmington Delaware DE 19801
Revenue
<$5 Million
Phone Number
-
Social Media
About Forbanco Inc
Forbanco Inc is a company that operates in the Information Technology and Services industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Wilmington, Delaware.

What Benefits Does Forbanco Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forbanco Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Forbanco Inc.
Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). Largest DE city, financial center, relatively affordable housing for a mid-Atlantic city. DART First State, SEPTA/Amtrak. When planning your budget based on a salary from Forbanco Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Forbanco Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,550 - $4,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forbanco Inc

1. What is the typical salary range (low to high) for most roles at Forbanco Inc?

The typical annual salary range for most roles at Forbanco Inc is approximately from $88,657 to $113,574. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Forbanco Inc pay compared to Daycando Corp?

The average annual salary at Forbanco Inc is $100,638, or an hourly wage of $48, in comparison to Daycando Corp which pays $101,936 per year or $49 per hour.

3. How does experience level affect salary at Forbanco Inc?

Experience level is a significant factor in determining salary at Forbanco Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Forbanco Inc in Wilmington is fair given the local cost of living?

To determine if a salary offer from Forbanco Inc in Wilmington is fair, first compare the gross salary to our data for similar roles at Forbanco Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Wilmington" to understand its purchasing power.

5. What are the key factors that influence salary levels at Forbanco Inc?

Several key factors influence salary levels at Forbanco Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Forbanco Inc likely benchmarks its salaries against other companies in the Software & Networking sector. You can explore how these factors play out in our detailed salary data.