Formosa Exploration Inc Salary

As of September 2026, the average annual salary for employees at Formosa Exploration Inc in the United States is $94,035. This translates to an approximate hourly wage of $45. Salaries at Formosa Exploration Inc typically range from $82,820 to $106,087 annually, reflecting the diverse roles and experience levels within the company.
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Is Formosa Exploration Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Formosa Exploration Inc'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
Stonegate Exploration Inc $93,571
-0.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Four Winds Exploration LLC $91,082
-3.1%
Four Winds Exploration LLC focuses strategically on recruiting and training entry-level apprentices.
Geosignal Exploration Inc $92,569
-1.6%
Confirms Geosignal Exploration Inc is a direct competitor vying for the exact same talent pool.
Vector Exploration Inc $94,088
+0.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Energy & Utilities Industry $130,148
+38.4%
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 Formosa Exploration Inc

Considering a career at Formosa Exploration Inc? 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.
Coworkers are respectful, and there's minimal workplace drama. Management respects field expertise as much as engineering knowledge. There’s a shared sense of mission among staff, and I feel proud to contribute to something meaningful. The company’s renewable focus and community engagement make it a responsible and innovative industry player worth joining.
Clean energy implementation is practical and measurable. I’ve grown a lot professionally thanks to great mentorship and training opportunities. The company is structured and organized, which helps day-to-day operations run smoothly. I’ve developed new skills and made valuable connections. Leadership communicates company goals clearly and recognizes employee contributions. Despite serving millions,...
A great balance of technical work, innovation, and teamwork. Green energy solutions are prioritized and tracked. Workload peaks seasonally, increasing pressure. However, energy around change and innovation is lacking. The mission aligns with my values.
It’s refreshing to work for a company that invests in its people. Employees generally know what to do, and deadlines are met. People are knowledgeable and willing to help. While benefits are decent and job security is stable, communication from leadership can be sporadic and formal.

Formosa Exploration Inc Overview

Website
Data pending, update soon.
Founded In
1989
Employees
25 - 50 employees
Industry
Energy & Utilities
Headquarter Address
160 E Broadway Salt Lake City Utah UT
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Formosa Exploration Inc
Formosa Exploration Inc is a company that operates in the Oil & Energy industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Salt Lake City, Utah.

What Benefits Does Formosa Exploration Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formosa Exploration Inc 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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FAQs of Formosa Exploration Inc

1. What is the typical salary range (low to high) for most roles at Formosa Exploration Inc?

The typical annual salary range for most roles at Formosa Exploration Inc is approximately from $82,820 to $106,087. 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 Formosa Exploration Inc pay compared to Stonegate Exploration Inc?

The average annual salary at Formosa Exploration Inc is $94,035, or an hourly wage of $45, in comparison to Stonegate Exploration Inc which pays $93,571 per year or $45 per hour.

3. How does experience level affect salary at Formosa Exploration Inc?

Experience level is a significant factor in determining salary at Formosa Exploration Inc, 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.

4. Why might an individual's actual salary at Formosa Exploration Inc differ from the ranges shown here?

An individual's actual salary at Formosa Exploration Inc 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.