What is the highest paying job at Formation Bio?

Based on our latest data, the highest paying role at Formation Bio is Human Resources Director - Virtual, earning approximately $188,834 annually.

Where is Formation Bio located?

Formation Bio is headquartered in AUSTIN, TX, but may have operations in other locations within the Business Services sector.

What industry is Formation Bio in?

Formation Bio operates in the Business Services industry.

Formation Bio Average Salary and Pay Ranges

Q: What does Formation Bio do?

According to the company's overview, Formation Bio is a biopharmaceutical drug company that develops antibody-drug conjugates for the treatment of cancer and orphan diseases.

Formation Bio Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

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Salary at Formation Bio

How Much Does Formation Bio Pay for Different Roles?

Explore detailed salary information for specific jobs at Formation Bio. Based on our data, the highest paying job is the Human Resources Director - Virtual, with an annual salary of $188,834. The table below outlines the annual salary ranges for most popular roles within the company.

Full Time IT Project Coordinator (2220m)

$60,272 / year

Salary Range: $52,965 - $68,350

Special Events

FT Family Law Paralegal Buckhead (2218)

$94,236 / year

Salary Range: $84,938 - $104,490

Legal

FT Project Coordinator (2220)

$111,722 / year

Salary Range: $95,413 - $126,138

Human Resources

FT - Family Law Paralegal Marietta (2219)

$89,988 / year

Salary Range: $80,932 - $100,162

Legal

FT Administrative Assistant/Research Assistant - Perimeter Area (2202)

$66,604 / year

Salary Range: $59,838 - $74,153

Administrative Assistant IV

FT Office Manager (2214)

$94,664 / year

Salary Range: $82,057 - $105,947

Management

FT Accountant (2224)

$84,890 / year

Salary Range: $76,579 - $94,062

Finance and Accounting

FT Corporate Recruiter (2210)

$170,860 / year

Salary Range: $144,913 - $197,805

Sales

Part-Time Bookkeeper

$45,934 / year

Salary Range: $41,039 - $51,325

Bookkeeping

Part-Time Executive Assistant - Remote

$93,261 / year

Salary Range: $83,025 - $105,206

Administrative Support

Human Resources Director - Virtual

$188,834 / year

Salary Range: $167,885 - $212,261

Human Resources

Bookkeeper and Administrative Specialist

$56,217 / year

Salary Range: $50,341 - $63,223

Accounts Payable

Maintenance Worker

$38,039 / year

Salary Range: $35,890 - $41,100

Warehouse

Home Health Aide

$29,582 / year

Salary Range: $27,512 - $32,795

Healthcare

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Formation Bio.

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About Formation Bio: Company Profile

Website

www.formationbiologics.com

Founded In

2011

Employees

50 - 100 employees

Industry

Business Services

Headquarter Location

AUSTIN

Revenue

<$5 Million

Phone Number

About FORMATION BIO

Formation Bio is a biopharmaceutical drug company that develops antibody-drug conjugates for the treatment of cancer and orphan diseases.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Formation Bio's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.

Performance is regularly acknowledged through feedback and recognition programs. Their guidance has been invaluable in my growth. Clear communication and good atmosphere. Regular updates and open forums ensure we are all informed and aligned, fostering a strong sense of trust and shared purpose.

Commented in June 01, 2025

Overall, it's a fantastic company that truly invests in its people and wants to see them succeed. However, the work lacks variety and is highly process-driven. This inclusive approach enriches our problem-solving capabilities and strengthens our team, reflecting positively in our client interactions and overall success. Our team leader is fantastic at empowering us. The company’s internal systems ...

Commented in October 25, 2024

I was worried about fitting in, but the welcoming culture here made it easy. Leadership here genuinely cares about people and sets a strong example through ethical and transparent practices. It feels good to be part of a reputable team. This initial positive experience set a great tone for my time here. It's a great place to build a long-term career and grow professionally.

Commented in January 28, 2024

How Formation Bio's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Formation Bio’s pay competitiveness. Click on a company for a deeper dive.

FENTON EXTENDED CARE CENTER

FOURPAWSINFO

THE FAMILY SOLUTION

CHICAGO CLERKSHIPS

CARTERET VISION CENTER

Avg. Salary: $72,135

CHC SERVICES

Avg. Salary: $88,574

COLLINSVILLE VETERINARY HOSPITAL

Avg. Salary: $75,141

DANA NIGUEL VETERINARY HOSPITAL

Avg. Salary: $88,062

CAREPLUS VETERINARY CLINIC

Avg. Salary: $74,593

CHIROPRACTOR ALEXANDRIA

Avg. Salary: $88,243

CARE ANIMAL

Avg. Salary: $73,177

CORRONA, LLC

Avg. Salary: $89,973

Is Formation Bio’s Pay Competitive? Salary Benchmarking Analysis

How does Formation Bio'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
FENTON EXTENDED CARE CENTER	$78,358	+0.3%	Confirms FENTON EXTENDED CARE CENTER is a direct competitor vying for the exact same talent pool.
FOURPAWSINFO	$78,810	+0.9%	Suggests FOURPAWSINFO utilizes a highly similar base-plus-benefits compensation model.
THE FAMILY SOLUTION	$79,912	+2.3%	Indicates identical technical requirements and experience levels between the two firms.
CHICAGO CLERKSHIPS	$83,905	+7.5%	Reflects structural premiums typical of CHICAGO CLERKSHIPS's large-cap national operations.
Business Services Industry	$120,931	+54.9%	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.

What Is the Cost of Living Near Austin?

Understanding the cost of living near Austin is key to truly evaluating a salary offer or your current compensation at Formation Bio.

Austin's Cost of Living Index is approximately 129.5 (29.5% more expensive than US average; 39.2% more than TX average). State capital, major tech hub, 'Keep Austin Weird', very high housing costs, high overall expenses. Capital Metro. When planning your budget based on a salary from Formation Bio, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,600 - $2,500+	A significant portion of Formation Bio salary. Location choices impact this heavily.
Utilities (Basic)	$130 - $220	Electricity, Heating, Cooling, Water etc.
Public Transportation	$41.25 (CapMetro monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$440 - $650	Can be higher with more dining out or specialty stores.
Personal & Leisure	$500 - $950+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$400 - $750+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$3,111 - $5,071+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Formation Bio

FAQ 1: What is the typical salary range (low to high) for most roles at Formation Bio?

The typical annual salary range for most roles at Formation Bio is approximately from $68,685 to $88,504. 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.

FAQ 2: How much does Formation Bio pay compared to FENTON EXTENDED CARE CENTER?

The average annual salary at Formation Bio is $78,086, or an hourly wage of $38, in comparison to FENTON EXTENDED CARE CENTER which pays $78,357 per year or $38 per hour.

FAQ 3: How does experience level affect salary at Formation Bio?

Experience level is a significant factor in determining salary at Formation Bio, 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.

FAQ 4: How can I determine if a salary offer from Formation Bio in Austin is fair given the local cost of living?

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

FAQ 5: Why might an individual's actual salary at Formation Bio differ from the ranges shown here?

An individual's actual salary at Formation Bio can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.