Formplastics Salary

As of July 2026, the average annual salary for employees at Formplastics in the United States is $80,147. This translates to an approximate hourly wage of $39. Salaries at Formplastics typically range from $70,483 to $90,949 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Formplastics Pay for Different Roles?

Explore detailed salary information for specific jobs at Formplastics. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Technical Support Representative

$49,122 / year

Salary Range: $43,897 - $55,402

Technical Support

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Turn Insight into Opportunity: Current Job Openings

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About Formplastics: Company Profile

Website
www.formplastics.com
Founded In
1969
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
SAINT CHARLES
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About FORMPLASTICS
A LEADER IN THE FOOD & NON-FOOD PACKAGING INDUSTRY... Form Plastics was founded in 1969 and continues to be a strong and innovative leader in both the food and non-food packaging industry. Form Plastics started by primarily manufacturing custom thermoformed rigid plastic containers for food applications. Our line of containers and equipment expanded with each customized packaging solution we provi

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Formplastics's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Production lines operate efficiently, safety is prioritized, and employees are treated with respect. I’ve had nothing but good experiences working here. The company takes safety seriously with constant reminders, drills, and improvements. Equipment is mostly up-to-date but occasional delays in upgrades. Career growth opportunities exist but are competitive.
The company invests in modern equipment and ongoing training programs to enhance skills. I value the positive and motivating atmosphere that this company has fostered. Working here has been a genuinely positive experience. You feel appreciated for your efforts. There's strong communication between shifts and departments. Highly recommended environment. It’s reassuring to work for a company whose l...
Management truly values every team member’s input and ensures open communication. I enjoy the structure here. They offer good health and wellness programs, showing a genuine concern for employee well-being beyond just workplace safety.

Is Formplastics’s Pay Competitive? Salary Benchmarking Analysis

How does Formplastics'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
FRANKSMANUFACTURING $74,241
-7.4%
FRANKSMANUFACTURING likely leverages performance bonuses over the high base salary shown here.
FARO INDUSTRIES $76,556
-4.5%
FARO INDUSTRIES focuses strategically on recruiting and training entry-level apprentices.
FISCHERMOLDINC $80,998
+1.1%
Indicates identical technical requirements and experience levels between the two firms.
FISCHERSIPS $73,093
-8.8%
FISCHERSIPS operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $121,746
+51.9%
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.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Formplastics.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Formplastics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Formplastics salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Formplastics

FAQ 1: How much does a Formplastics employee make?
Formplastics pays its employees an average of $80,147 per year. The average salary at Formplastics range from $70,483 to $90,949 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.
FAQ 2: Which similar company tend to pay more or less than Formplastics?
The salary at Formplastics is higher than the similar company. The average annual salary at Formplastics is $80,147, or an hourly wage of $39, in comparison to FRANKSMANUFACTURING which pays $74,240 per year or $36 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Formplastics?
In many roles at Formplastics, 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.
FAQ 4: How does the cost of living near Chicago affect the perceived value of a Formplastics salary?
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Formplastics based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Formplastics typically offer employees?
Formplastics 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 Formplastics" section on this page.