Formula 55 Salary

Formula 55 Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of April 2026, the average annual salary for employees at Formula 55 in the United States is $84,721. This translates to an approximate hourly wage of $41. Salaries at Formula 55 typically range from $74,408 to $96,051 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Formula 55 Pay for Different Roles?

Explore detailed salary information for specific jobs at Formula 55. Based on our data, the highest paying job is the Manager, Information Technology, with an annual salary of $111,639. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Formula 55

Ready for your next career move? Explore current job openings at Formula 55. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Formula 55’s Pay Competitive? Salary Benchmarking Analysis

How does Formula 55'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
Chestnut Ridge Racquet Club Inc $101,103
+19.3%
Reflects structural premiums typical of Chestnut Ridge Racquet Club Inc's large-cap national operations.
Laguna Beach Volleyball Club $98,592
+16.4%
Driven by niche technical certifications required for Laguna Beach Volleyball Club's specialized projects.
Fullerton Wrestling Camp $94,668
+11.7%
Influenced by prevailing union wage agreements specific to Fullerton Wrestling Camp's sector.
Chicago CFC $93,888
+10.8%
Data suggests Chicago CFC's workforce skews heavily towards veteran, high-tenure roles.
Hospitality & Leisure Industry $122,562
+44.7%
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 55's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Formula 55. Click a company name to learn more.

Employee Reviews: Working at Formula 55

Considering a career at Formula 55? 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.
This company is a gem in the hospitality sector. Employees are treated well, and management encourages professional growth. Training programs are adequate, making it a reliable employer in hospitality. Highly recommend for hospitality careers.
Commented in April 09, 2025
27
3
Leadership is accessible, though some decisions take time to implement. The positive workplace culture makes every day enjoyable. It’s clear they prioritize employee satisfaction, making it a standout employer in the leisure industry. The work atmosphere is positive, with team-building activities that foster camaraderie. The training programs are excellent, and career growth is encouraged. The lea...
Commented in May 31, 2024
11
1
Training programs are thorough, helping employees excel in their roles. The company fosters innovation while maintaining a friendly work culture. The company values consistency, making it a good fit for those who prefer predictability in their roles.
Commented in May 31, 2024
28
0

Formula 55 Overview

Website
www.formula55.com
Founded In
2006
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
8745 Henderson Rd Tampa Florida FL 33634
Revenue
<$5 Million
Phone Number
+1 8138985679
Social Media
About Formula 55
Formula 55 is an innovative program combining exercise, cardio, and nutrition that will transform you into the best shape of your life.

What Benefits Does Formula 55 Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula 55 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)
Work at Formula 55?
Share your experience
How Much Should You Be Earning?

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

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Tampa?

Understanding the cost of living near Tampa is key to truly evaluating a salary offer or your current compensation at Formula 55.
Tampa's Cost of Living Index is approximately 100.1 (0.1% more expensive than US average; 2.9% less than FL average). Growing Gulf Coast city, housing costs near US average but have risen. HART bus/streetcar. When planning your budget based on a salary from Formula 55, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Formula 55 salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (HART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,775 - $4,345+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formula 55

1. What is the typical salary range (low to high) for most roles at Formula 55?

The typical annual salary range for most roles at Formula 55 is approximately from $74,408 to $96,051. 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 Formula 55 pay compared to Chestnut Ridge Racquet Club Inc?

The average annual salary at Formula 55 is $84,721, or an hourly wage of $41, in comparison to Chestnut Ridge Racquet Club Inc which pays $101,103 per year or $49 per hour.

3. How does experience level affect salary at Formula 55?

Experience level is a significant factor in determining salary at Formula 55, 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.

4. How can I determine if a salary offer from Formula 55 in Tampa is fair given the local cost of living?

To determine if a salary offer from Formula 55 in Tampa is fair, first compare the gross salary to our data for similar roles at Formula 55 and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Tampa" to understand its purchasing power.

5. What factors influence salary increases at Formula 55?

Salary increases at Formula 55 are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning