$103,461 / year
Salary Range: $90,251 - $117,719
Business Development
$100,420 / year
Salary Range: $85,892 - $116,633
Sales
$90,309 / year
Salary Range: $80,518 - $100,679
Human Resources
$87,899 / year
Salary Range: $75,961 - $96,831
Operations
$81,351 / year
Salary Range: $72,540 - $91,088
Business Development
$68,077 / year
Salary Range: $62,070 - $74,576
Finance and Accounting
$56,262 / year
Salary Range: $51,022 - $61,990
Banking and Finance
$48,184 / year
Salary Range: $42,446 - $55,636
Account Management I
$44,932 / year
Salary Range: $40,539 - $52,935
Sales
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| CalRegional | $99,014 |
+20.0%
|
Driven by niche technical certifications required for CalRegional's specialized projects. |
| North Coast Shared Services Alliance | $90,660 |
+9.9%
|
Influenced by prevailing union wage agreements specific to North Coast Shared Services Alliance's sector. |
| Transweb Global Inc | $90,945 |
+10.2%
|
Reflects a supply-demand imbalance for the specific talent Transweb Global Inc targets. |
| Pmbr | $109,857 |
+33.1%
|
Reflects structural premiums typical of Pmbr's large-cap national operations. |
| Edu., Gov't. & Nonprofit Industry | $115,341 |
+39.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$99,014 / year
Salary Range: $86,577 - $113,306
Fairfield, CA
$90,660 / year
Salary Range: $79,246 - $103,782
$90,945 / year
Salary Range: $79,503 - $104,112
Albany, NY
$109,857 / year
Salary Range: $96,034 - $125,756
New York City, NY
$108,929 / year
Salary Range: $95,227 - $124,695
New York City, NY
$88,582 / year
Salary Range: $77,432 - $101,404
Lithonia, GA
$88,466 / year
Salary Range: $77,340 - $101,283
Cedartown, GA
$88,044 / year
Salary Range: $76,965 - $100,795
Fort Worth, TX
$88,688 / year
Salary Range: $77,533 - $101,526
Phoenix, AZ
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,300 - $1,900+ | A significant portion of Formatech salary. Location choices impact this heavily. |
| Utilities (Basic) | $170 - $280 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (LeeTran monthly 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 | $380 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,700 - $4,160+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Formatech pays its employees an average of $82,517 per year. The average salary at Formatech range from $72,135 to $94,466 per year. 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.
The salary at Formatech is lesser than its peer company. The average annual salary at Formatech is $82,517, or an hourly wage of $40, in comparison to CalRegional which pays $99,014 per year or $48 per hour.
The higher-paying job at Formatech, according to our data, include Business Development Manager (avg. $103,461 per year), Sales Manager (avg. $100,420 per year), and Manager, Human Resources (avg. $90,309 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
Salary progression with years of experience at Formatech is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
Yes, it's very likely that salaries at Formatech vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Fort Myers section provides more context.
Formatech typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Formatech" section on this page.
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