Formosa Plastics Corp Salary

As of September 2026, the average annual salary for employees at Formosa Plastics Corp in the United States is $132,968. This translates to an approximate hourly wage of $64. Salaries at Formosa Plastics Corp typically range from $116,890 to $150,461 annually, reflecting the diverse roles and experience levels within the company.
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Is Formosa Plastics Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Formosa Plastics Corp'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
American Air Filter Company Inc $110,849
-16.6%
Typical compensation structure for smaller regional agencies like American Air Filter Company Inc.
Axium Packaging Inc $111,007
-16.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Truck-Lite Co. LLC $105,016
-21.0%
Truck-Lite Co. LLC operates with a leaner overhead structure, impacting base wage offers.
US Concrete Inc $110,722
-16.7%
Normalized for lower cost-of-living zones where US Concrete Inc primarily operates.
MFG Durable Industry $121,746
-8.4%
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 Plastics Corp

Considering a career at Formosa Plastics Corp? 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 workplace that supports structure, accountability, and continuous improvement. Overtime is occasionally required, affecting personal time. It’s a fast-paced environment, but leadership ensures we have what we need to succeed. There’s not a lot of room for open discussion unless you ask directly. There’s a strong sense of unity and shared purpose among coworkers.
Leadership communicates company goals clearly and celebrates team achievements. This organization offers a stable work environment with a strong emphasis on safety and quality control. I now feel confident in operating complex machinery. Employees appreciate the company’s commitment to continuous improvement and innovation. Consistent hours, respectful coworkers, and fair treatment from management...
This manufacturing organization provides stability and growth opportunities that are hard to find elsewhere. Employees are encouraged to participate in continuous improvement programs and cross-functional training. Schedules are consistent, which is important for planning your personal time. The relatively it means you get to know everyone, fostering a strong sense of camaraderie. Adequate for sta...
Ideas are listened to, and contributions are recognized, creating a motivating atmosphere. A clean, safe facility with well-maintained equipment. Shift schedules vary, sometimes impacting work-life balance.
This manufacturing plant runs like a well-oiled machine. It’s a decent place if you want consistency, and it is somehow ideal if you’re seeking excitement or fast growth. Hard work is recognized and rewarded fairly here.

Formosa Plastics Corp Overview

Website
www.fpcusa.com
Founded In
1978
Employees
1,000 - 3,000 employees
Industry
MFG Durable
Headquarter Address
9 Peach Tree Hill Rd Livingston New Jersey NJ 07039
Revenue
$1B - $3B
Phone Number
+1 8883728723
Social Media
About Formosa Plastics Corp
Founded in 1978 and headquartered in Livingston, New Jersey, Formosa Plastics is a vertically integrated producer of plastic resins and chemicals.

What Benefits Does Formosa Plastics Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formosa Plastics Corp 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Formosa Plastics Corp.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Formosa Plastics Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Formosa Plastics Corp salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formosa Plastics Corp

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

The typical annual salary range for most roles at Formosa Plastics Corp is approximately from $116,890 to $150,461. 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 Plastics Corp pay compared to American Air Filter Company Inc?

The average annual salary at Formosa Plastics Corp is $132,968, or an hourly wage of $64, in comparison to American Air Filter Company Inc which pays $110,849 per year or $53 per hour.

3. Do salaries differ significantly between departments at Formosa Plastics Corp?

Yes, salaries often differ between departments at Formosa Plastics Corp 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 Formosa Plastics Corp?

Experience level is a significant factor in determining salary at Formosa Plastics Corp, 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 Formosa Plastics Corp in Jersey City is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Formosa Plastics Corp?

Several key factors influence salary levels at Formosa Plastics Corp. 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: Formosa Plastics Corp 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.