$309,757 / year
Salary Range: $264,007 - $357,773
Business Development
$207,040 / year
Salary Range: $191,422 - $227,084
Software Development
$124,899 / year
Salary Range: $107,649 - $143,010
Sales
$109,326 / year
Salary Range: $95,202 - $118,730
Operations
$70,046 / year
Salary Range: $66,105 - $72,844
Testing and Evaluation
$40,950 / year
Salary Range: $37,305 - $45,093
Customer Service
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| SecurID | $104,351 |
+1.7%
|
Confirms SecurID is a direct competitor vying for the exact same talent pool. |
| Software Bloc LLC | $90,871 |
-11.5%
|
Normalized for lower cost-of-living zones where Software Bloc LLC primarily operates. |
| bluCursor Infotech Pvt Ltd | $103,170 |
+0.5%
|
Suggests bluCursor Infotech Pvt Ltd utilizes a highly similar base-plus-benefits compensation model. |
| V8 Media LLC | $105,385 |
+2.7%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Software & Networking Industry | $126,859 |
+23.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$104,351 / year
Salary Range: $91,929 - $117,769
Bedford, MA
$90,871 / year
Salary Range: $80,062 - $102,502
Plano, TX
$103,170 / year
Salary Range: $90,875 - $116,427
Seattle, WA
$105,385 / year
Salary Range: $92,836 - $118,927
Seattle, WA
$102,664 / year
Salary Range: $90,435 - $115,866
Bellevue, WA
$95,090 / year
Salary Range: $83,764 - $107,306
Dallas, TX
$105,923 / year
Salary Range: $93,312 - $119,537
Washington, DC
$105,575 / year
Salary Range: $93,001 - $119,147
Bethesda, MD
$105,828 / year
Salary Range: $93,221 - $119,427
Mc Lean, VA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,600 - $4,000+ | A significant portion of Formotus Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $99 (ORCA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $520 - $800 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $600 - $1,100+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $450 - $850+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $4,399 - $6,979+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Formotus Inc pays its employees an average of $102,632 per year. The average salary at Formotus Inc range from $90,407 to $115,830 per year. 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.
The salary at Formotus Inc is lesser than the similar company. The average annual salary at Formotus Inc is $102,632, or an hourly wage of $49, in comparison to SecurID which pays $104,351 per year or $50 per hour.
An Executive VP, Business Development at Formotus Inc typically earns an average annual base salary of around $309,757, with a general range of $264,007 to $357,773.
In many roles at Formotus Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Bellevue's Cost of Living Index is approximately 185.9 (85.9% more expensive than US average; 66.6% more than WA average). This significantly impacts the purchasing power of a salary from Formotus Inc based there. Our "Cost of Living Insights for Bellevue" module details this impact, helping you assess the 'real feel' value of your compensation.
Formotus Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Formotus Inc" section on this page.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning