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Controller Salary at Formsprag Co BETA

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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
25% $188,262 10% $158,695 90% $282,542 75% $253,189 $220,933 50%(Median)
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As of September 2026, the average salary for Controller at Formsprag Co in the United States is $220,933 per year, which is equivalent to an hourly rate of approximately $106. Most salaries for this position fall within the range of $188,262 to $253,189 annually.

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Key Skills & Their Impact on a Controller at Formsprag Co?

To succeed and maximize your earning potential as a Controller at Formsprag Co, a specific set of skills is crucial. The competencies listed below are highly valued. Explore the skills that can boost your compensation.

Skills Level of importance Description
Accounting
Creating financial statements and reports based on the summary of financial and business transactions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Financial Statements
Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
CPA
A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.
Leadership
Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
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Controller Career Path and Growth Opportunities

Understanding the career path for a Controller can help you plan long-term professional growth. Below is a typical career progression for a Controller, highlighting common next-step roles and opportunities for increased responsibility and compensation.

Base Salary $254,040
Total Compensation $327,147
Base Salary $308,003
Total Compensation $388,658

FORMSPRAG Co Overview

Website
www.formsprag.com
Founded In
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
23601 Hoover Rd Warren Michigan MI 48089
Revenue
$10 Million - $50 Million
Phone Number
+1 5867585000
Social Media
About FORMSPRAG Co
Formsprag Clutch provides superior overrunning clutch technologies for challenging industrial applications worldwide. For more than 50 years Formsprag Clutch has been known as the world's leading authority for the design and manufacture of long-life overrunning clutches, backstops, bi-directional clutches and clutch couplings. Formsprag offers the broadest range of both sprag and ramp & roller typ

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FAQ about Salary and Jobs at Formsprag Co

FAQ 1: How much does Formsprag Co pay per hour?
The average hourly pay is $106. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
FAQ 2: What is the highest salary at Formsprag Co?
According to the data, the highest approximate salary is about $253,189 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
FAQ 3: What is the lowest pay at Formsprag Co?
According to the data, the lowest estimated salary is about $188,262 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
FAQ 4: What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.

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