Formula 707 Salary

As of April 2026, the average annual salary for employees at Formula 707 in the United States is $89,489. This translates to an approximate hourly wage of $43. Salaries at Formula 707 typically range from $78,880 to $100,966 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Formula 707

Ready for your next career move? Explore current job openings at Formula 707. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Formula 707’s Pay Competitive? Salary Benchmarking Analysis

How does Formula 707'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
JBC Coffee Roasters $87,485
-2.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Custom Imprints $97,073
+8.5%
Influenced by prevailing union wage agreements specific to Custom Imprints's sector.
Marchingapparel.com $90,396
+1.0%
Suggests Marchingapparel.com utilizes a highly similar base-plus-benefits compensation model.
Sohr Foods Inc $86,293
-3.6%
Sohr Foods Inc focuses strategically on recruiting and training entry-level apprentices.
MFG Nondurable Industry $125,011
+39.7%
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.

Employee Reviews: Working at Formula 707

Considering a career at Formula 707? 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 variety ensures that every one can find a niche and develop specialized skills. Good place to gain experience, though not particularly innovative or fast-moving in terms of process improvements. Great work environment for both experienced professionals and those starting out. Workflow processes work but sometimes lack flexibility.
The team genuinely cares about doing a good job. Communication is strong across departments, and performance is recognized. It allows for impressive capabilities while maintaining focus on individual development. There is a lot of upward movement, that’s not unexpected in my role. The workplace culture is formal and professional but sometimes lacks flexibility and agility. The company invests in m...
Training programs are available but and it can fully meet role-specific needs. Processes are strict, which makes operations reliable but limits autonomy for line workers. The work environment is professional but sometimes bureaucratic and resistant to change. The company culture here exceeds all my expectations for manufacturing work.

Formula 707 Overview

Website
www.formula707.com
Founded In
1946
Employees
<25 employees
Industry
MFG Nondurable
Headquarter Address
401 N 1st St La Salle Colorado CO 80645
Revenue
<$5 Million
Phone Number
+1 9702845575
Social Media
About Formula 707
The John Ewing Company was founded in 1946 as a manufacturer of animal feed. It operates today, as it has for most of its existence, from the town of LaSalle, Colorado, in a rich agricultural region near Greeley, about an hour north of Denver. Click here to learn more about our company history. With the creation of Formula 707 in the early 70s, the John Ewing Company became a major player in the e

What Benefits Does Formula 707 Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula 707 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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What Is the Cost of Living Near Greeley?

Understanding the cost of living near Greeley is key to truly evaluating a salary offer or your current compensation at Formula 707.
Greeley's Cost of Living Index is approximately 100.3 (0.3% more expensive than US average; 4.7% less than CO average). Northern CO city, agriculture and energy, housing costs near US average, more affordable than Denver/Boulder. When planning your budget based on a salary from Formula 707, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,250 - $1,800+ A significant portion of Formula 707 salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (GET monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,490 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formula 707

1. What is the typical salary range (low to high) for most roles at Formula 707?

The typical annual salary range for most roles at Formula 707 is approximately from $78,880 to $100,966. 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 707 pay compared to JBC Coffee Roasters?

The average annual salary at Formula 707 is $89,489, or an hourly wage of $43, in comparison to JBC Coffee Roasters which pays $87,485 per year or $42 per hour.

3. Do salaries differ significantly between departments at Formula 707?

Yes, salaries often differ between departments at Formula 707 due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Formula 707?

Experience level is a significant factor in determining salary at Formula 707, 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.

5. How can I determine if a salary offer from Formula 707 in Greeley is fair given the local cost of living?

To determine if a salary offer from Formula 707 in Greeley is fair, first compare the gross salary to our data for similar roles at Formula 707 and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Greeley" to understand its purchasing power.

6. What are the key factors that influence salary levels at Formula 707?

Several key factors influence salary levels at Formula 707. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Formula 707 likely benchmarks its salaries against other companies in the MFG Nondurable sector. You can explore how these factors play out in our detailed salary data.