Formatop Co Salary

As of July 2026, the average annual salary for employees at Formatop Co in the United States is $80,829. This translates to an approximate hourly wage of $39. Salaries at Formatop Co typically range from $71,191 to $91,198 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Formatop Co

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Is Formatop Co’s Pay Competitive? Salary Benchmarking Analysis

How does Formatop Co'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
Metafore Castings Private Ltd $89,067
+10.2%
Adjusted for higher cost-of-living indices in Metafore Castings Private Ltd's primary metro hubs.
Odyssey Precision Fabricating LLC $91,662
+13.4%
Driven by niche technical certifications required for Odyssey Precision Fabricating LLC's specialized projects.
Advanced Measuring Industrial Instruments Co $98,054
+21.3%
Reflects structural premiums typical of Advanced Measuring Industrial Instruments Co's large-cap national operations.
Action Label Co $90,080
+11.4%
Supported by Action Label Co's high-margin contracts allowing higher overhead.
MFG Durable Industry $121,746
+50.6%
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 Formatop Co

Considering a career at Formatop Co? 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.
It’s a fast-paced but supportive environment where you feel part of something that truly matters to the community. Compensation is generous, including production bonuses and profit sharing. Company values employees and provides stable, long-term work. Production goals are challenging but fair, and there’s a real focus on hitting quality metrics.
The work environment is professional but can feel bureaucratic and inflexible. This isn't just another manufacturing job; it’s a career opportunity with a company that values its workforce. The team dynamic on the floor is excellent, and support from engineering and logistics is consistent. Results are consistent and reliable every day. The environment works, but it’s not highly dynamic. The facil...
Adequate for stability, less ideal for growth. It’s not just a job—it’s a place where your contribution truly matters every day. Strong emphasis on quality and consistency.

Formatop Co Overview

Website
www.formatopco.com
Founded In
1960
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
101 S Franklin Ave Sioux Falls South Dakota SD 57103
Revenue
$5 Million - $10 Million
Phone Number
+1 6053323151
Social Media
About Formatop Co
Formatop Company was founded in 1960. We have been in the same location although in different buildings since then. We started with 2 employees and have grown to over 40. We take pride our family ownership. Each of our stockholders also participate in the daily operation of the business. At Formatop, we specialize in countertop manufacturing. We strive to provide quality products through qualified

What Benefits Does Formatop Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formatop Co 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 Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at Formatop Co.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from Formatop Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Formatop Co salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formatop Co

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

The typical annual salary range for most roles at Formatop Co is approximately from $71,191 to $91,198. 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 Formatop Co pay compared to Metafore Castings Private Ltd?

The average annual salary at Formatop Co is $80,829, or an hourly wage of $39, in comparison to Metafore Castings Private Ltd which pays $89,067 per year or $43 per hour.

3. Do salaries differ significantly between departments at Formatop Co?

Yes, salaries often differ between departments at Formatop Co due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Formatop Co?

Experience level is a significant factor in determining salary at Formatop Co, 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.

5. How can I determine if a salary offer from Formatop Co in Sioux Falls is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Formatop Co?

Several key factors influence salary levels at Formatop Co. 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: Formatop Co likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.