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Formentera Partners LP Salary

Formentera Partners LP Salary

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As of September 2026, the average annual salary for employees at Formentera Partners LP in the United States is $86,072. This translates to an approximate hourly wage of $41. Salaries at Formentera Partners LP typically range from $75,645 to $97,368 annually, reflecting the diverse roles and experience levels within the company.
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Is Formentera Partners LP’s Pay Competitive? Salary Benchmarking Analysis

How does Formentera Partners LP'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
Hedderman Engineering Inc $89,806
+4.3%
Reflects structural premiums typical of Hedderman Engineering Inc's large-cap national operations.
James Wagman Architect LLC $106,092
+23.3%
Driven by niche technical certifications required for James Wagman Architect LLC's specialized projects.
Quality Plus Automotive Service Inc $84,700
-1.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Jtj Engineering Inc $90,386
+5.0%
Data suggests Jtj Engineering Inc's workforce skews heavily towards veteran, high-tenure roles.
Business Services Industry $120,931
+40.5%
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.

How Formentera Partners LP's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Formentera Partners LP. Click a company name to learn more.

Employee Reviews: Working at Formentera Partners LP

Considering a career at Formentera Partners LP? 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.
Fair pricing, average delivery. It’s a forward-thinking and employee-centric place to grow a career. I’ve been with the company for years and consistently feel empowered and appreciated. There’s an emphasis on development and cross-functional teamwork. Standard processes with little room for creativity.
Commented in March 06, 2025
10
0
Work environment is professional yet quiet. Plenty of growth opportunities here. This efficiency allows us to spend more time doing the work that truly matters.
Commented in December 29, 2024
11
0
We’ve seen measurable improvements since partnering with them. It’s a good environment if you're not seeking rapid career advancement or high-intensity projects. The work here feels meaningful and well-supported. It feels good to work for a business that is committed to doing the right thing for its clients and employees. We worked with several different team members across engagements. Overall, i...
Commented in December 03, 2024
35
2

Formentera Partners LP Overview

Website
www.formenterapartners.com
Founded In
2021
Employees
<25 employees
Industry
Business Services
Headquarter Address
303 Colorado St Austin Texas TX 78701
Revenue
<$5 Million
Phone Number
+1 5127177772
Social Media
About Formentera Partners LP
Formentera Partners is an energy focused, private equity strategy founded by Bryan Sheffield, Blake London and Paul Treadwell in 2020, based in Austin, Texas. Formentera responsibly acquires and optimizes producing oil and gas assets in onshore United States basins. The Formentera team leverages substantial experience in operations, engineering and finance and utilizes strict diligence criteria, h

What Benefits Does Formentera Partners LP Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formentera Partners LP 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)
Work at Formentera Partners LP?
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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 Formentera Partners LP.
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 Formentera Partners LP, 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 Formentera Partners LP 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.

FAQs of Formentera Partners LP

1. What is the estimated average total compensation at Formentera Partners LP?

Salary.com estimates that the average total compensation package at Formentera Partners LP, which can include base salary, potential bonuses, and benefits, is around $86,072 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Formentera Partners LP pay compared to Hedderman Engineering Inc?

The average annual salary at Formentera Partners LP is $86,072, or an hourly wage of $41, in comparison to Hedderman Engineering Inc which pays $89,806 per year or $43 per hour.

3. Do salaries differ significantly between departments at Formentera Partners LP?

Yes, salaries often differ between departments at Formentera Partners LP 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Formentera Partners LP?

Salary progression from an entry-level to a senior role at Formentera Partners LP can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Formentera Partners LP in Austin is fair given the local cost of living?

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

6. Are promotions at Formentera Partners LP usually accompanied by a significant salary increase?

Yes, promotions at Formentera Partners LP are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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