Formatech Salary

As of April 2026, the average annual salary for employees at Formatech in the United States is $82,517. This translates to an approximate hourly wage of $40. Salaries at Formatech typically range from $72,135 to $94,466 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Formatech

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Is Formatech’s Pay Competitive? Salary Benchmarking Analysis

How does Formatech'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
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.
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 Formatech

Considering a career at Formatech? 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.
With employees across multiple locations, there's still remarkable consistency in quality and commitment. Improved our recruitment outcomes significantly. Inclusive culture with diverse perspectives welcomed. Training programs are offered but may lack relevance for some roles.
Policies are clear, but implementation sometimes lacks consistency across departments. Commitment to public service inspires pride in daily work. It’s a positive and steady place to build a career. Staff try their best but may need additional support or training to handle complex requests. Ethics training that sticks. Employees benefit from flexible schedules and comprehensive wellness programs, w...
Supportive culture with resources for both staff and student success. Advancement depends more on tenure than skills. Employees benefit from clear communication, supportive leadership, and well-structured professional development programs.

Formatech Overview

Website
www.formatechedu.com
Founded In
1995
Employees
25 - 50 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
8894 Crown Colony Blvd Fort Myers Florida FL 33908
Revenue
$10 Million - $50 Million
Phone Number
+1 2394542807
Social Media
About Formatech
We are committed to continuously providing the best solutions for our clients to achieve the highest level of customer satisfaction. We are dedicated to making you learn and practice, for a successful career. We constantly invest in new developments and dedicate our resources to offer the latest achievements in the field of Human Capital Development. We will always identify the customer's true nee

What Benefits Does Formatech Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formatech 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 Fort Myers?

Understanding the cost of living near Fort Myers is key to truly evaluating a salary offer or your current compensation at Formatech.
Fort Myers' Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 5.3% less than FL average). SW FL city, popular with retirees, housing costs near US average but have been rising. LeeTran. When planning your budget based on a salary from Formatech, consider these typical monthly expenses:
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.

FAQs of Formatech

1. How much does Formatech in the United States 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.

2. Do Formatech employees get a higher salary than its peer company?

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.

3. What are the highest paying jobs at Formatech?

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.

4. How much does salary increase with years of experience at Formatech?

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.

5. Do salaries at Formatech vary by office location?

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.

6. Does Formatech offer good benefits?

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.