Where is Formula 51 located?

Formula 51 is headquartered in Eugene, Oregon, but may have operations in other locations within the Business Services sector.

What does Formula 51 do?

According to the company's overview, Formula 51 is a company that operates in the Information Technology and Services industry.

What industry is Formula 51 in?

Formula 51 operates in the Business Services industry.

Formula 51 Average Salary, Pay Ranges & Benefits

Formula 51 Salary

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Salary at Formula 51

Current Job Openings at Formula 51

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Is Formula 51’s Pay Competitive? Salary Benchmarking Analysis

How does Formula 51'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
Spark Collaborative Studios	$85,175	-5.9%	Spark Collaborative Studios likely leverages performance bonuses over the high base salary shown here.
Future Pak Ltd	$94,415	+4.3%	Driven by niche technical certifications required for Future Pak Ltd's specialized projects.
Pacific Business Management	$117,083	+29.4%	Reflects a supply-demand imbalance for the specific talent Pacific Business Management targets.
Deals By GRL	$91,683	+1.3%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
Business Services Industry	$120,931	+33.6%	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.

How Formula 51's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Formula 51. Click a company name to learn more.

Spark Collaborative Studios

$85,175 / year

Salary Range: $74,848 - $96,405

Burns, OR

Future Pak Ltd

$94,415 / year

Salary Range: $82,957 - $106,855

Wixom, MI

Pacific Business Management

$117,083 / year

Salary Range: $102,879 - $132,511

San Jose, CA

Deals By GRL

$91,683 / year

Salary Range: $80,557 - $103,758

Grayslake, IL

JayKay Inc

$85,544 / year

Salary Range: $75,168 - $96,807

Tavares, FL

Jezic & Moyse LLC

$101,060 / year

Salary Range: $88,804 - $114,367

Wheaton, MD

Chem Nuclear Service

$84,236 / year

Salary Range: $74,023 - $95,332

Columbia, SC

Metcalf Community Development Corporation, Inc filed As

$93,476 / year

Salary Range: $82,133 - $105,794

Houston, TX

Allura

$91,061 / year

Salary Range: $80,007 - $103,051

Irving, TX

Employee Reviews: Working at Formula 51

Considering a career at Formula 51? 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.

The management team is responsive and genuinely listens to concerns. Employees have access to excellent learning opportunities and support systems. Managers are approachable and provide helpful feedback. Client satisfaction is a huge priority, and it's fulfilling to be part of a team that delivers high-quality services. The company offers engaging challenges.

Commented in March 13, 2025

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Expanded training programs upskilled our team, not just delivered outputs. Serving diverse clients, there's still a consistent commitment to exceptional service. It’s a suitable place for those seeking job security and clear roles, and it is for high-growth aspirations.

Commented in September 19, 2024

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This level of trust boosts my confidence and makes me more invested in the outcomes of my work. Training programs are in place and it is particularly personalized. What's most impressive is how willing people are to help each other, regardless of hierarchy or location. This fosters a collaborative environment where the best ideas can come from anywhere. Collaboration tools are outdated in some are...

Commented in August 06, 2024

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Communication from leadership is professional but sometimes impersonal. There’s an emphasis on development and cross-functional teamwork. It’s a rare and valuable quality. There’s a clear process for knowledge transfer and a supportive attitude from everyone involved.

Commented in August 03, 2024

50

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It’s a fair and motivating system that drives us all to do our best. Diverse teams foster creativity and innovation across departments. Managers are professional, though some departments experience communication gaps.

Commented in March 29, 2024

32

3

What Benefits Does Formula 51 Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula 51 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Eugene?

Understanding the cost of living near Eugene is key to truly evaluating a salary offer or your current compensation at Formula 51.

Eugene's Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 8.9% less than OR average). Home to Univ. of Oregon, 'Track Town USA', housing costs above US avg. LTD bus, EmX BRT. When planning your budget based on a salary from Formula 51, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,200 - $1,800+	A significant portion of Formula 51 salary. Location choices impact this heavily.
Utilities (Basic)	$110 - $200	Electricity, Heating, Cooling, Water etc.
Public Transportation	$50 (LTD monthly pass, free for UO)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $630	Can be higher with more dining out or specialty stores.
Personal & Leisure	$400 - $730+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$380 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,570 - $4,060+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formula 51

1. What is the average salary for employees at Formula 51?

The average annual total compensation for employees at Formula 51 is approximately $90,502. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,521 to $102,417, depending on factors like job role, experience, and location.

2. How much does Formula 51 pay compared to Spark Collaborative Studios?

The average annual salary at Formula 51 is $90,502, or an hourly wage of $44, in comparison to Spark Collaborative Studios which pays $85,175 per year or $41 per hour.

3. How does having a professional certification impact salary for relevant roles at Formula 51?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Formula 51 for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Formula 51 offer cost-of-living adjustments (COLA) for employees in high-cost areas like Eugene?

While some companies offer formal COLA, many, including potentially Formula 51, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Formula 51?

Most companies, likely including Formula 51, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.