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Formula Benefits Salary

Formula Benefits Salary

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As of October 2026, the average annual salary for employees at Formula Benefits in the United States is $76,469. This translates to an approximate hourly wage of $37. Salaries at Formula Benefits typically range from $67,108 to $87,028 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Formula Benefits Pay for Different Roles?

Explore detailed salary information for specific jobs at Formula Benefits. Based on our data, the highest paying job is the Media Production Manager, with an annual salary of $112,910. The table below outlines the annual salary ranges for most popular roles within the company.

Water Pollution Control Operator/Apprentice

$48,368 / year

Salary Range: $42,589 - $55,038

Groundkeeping

Recreation - Sports Complex Concessions Workers - Seasonal

$61,599 / year

Salary Range: $53,337 - $73,432

Recreation and Leisure

Recreation - Field Maintenance Worker - Seasonal

$89,936 / year

Salary Range: $79,699 - $102,792

Recreation and Leisure

Aquatic Center - Operations Staff - Seasonal

$55,347 / year

Salary Range: $46,986 - $66,149

Museum Education

Aquatic Center - Pool Manager - Seasonal

$66,161 / year

Salary Range: $57,807 - $79,195

Museums

Aquatic Center - Lifeguard - Seasonal

$58,008 / year

Salary Range: $47,731 - $74,308

Retail Management

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Formula Benefits.
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About Formula Benefits: Company Profile

Website
www.formulabenefits.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
All Industries
Headquarter Location
SAINT PAUL
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Formula Benefits's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The culture is inclusive, and teamwork is a top priority. Very satisfied with my role here. The company offers excellent benefits and work-life balance. This company offers a dependable work environment with reasonable expectations.
Commented in May 07, 2025
28
2
The company operates efficiently, with clear expectations. A forward-thinking company that cares about its staff. The company offers a great balance of challenge and support. Benefits like health insurance and professional development are strong.
Commented in March 26, 2025
46
1
Team dynamics are strong, and there’s a genuine sense of camaraderie. A good fit for those who prefer predictability. The leadership team is outstanding—transparent and employee-focused. The hybrid model works well, balancing in-office collaboration with remote flexibility. Training is available but not always proactive. The leadership is visionary, and employees are empowered to take initiative. ...
Commented in November 18, 2024
28
0
The office vibe is inclusive and motivating. Team dynamics are excellent, and cross-department collaboration is encouraged. Benefits are standard for the industry, and the workload is manageable.
Commented in June 17, 2024
19
0
While there aren’t many standout perks, the basics like health benefits and paid time off are provided. If you’re looking for stability and a forward-thinking environment, this is a solid choice. A reliable choice for steady employment.
Commented in March 25, 2024
38
2

How Formula Benefits's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Formula Benefits’s pay competitiveness. Click on a company for a deeper dive.

Is Formula Benefits’s Pay Competitive? Salary Benchmarking Analysis

How does Formula Benefits'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
FLORIDA EDUCATION ASSOCIATION (FEA) $64,413
-15.8%
FLORIDA EDUCATION ASSOCIATION (FEA) likely leverages performance bonuses over the high base salary shown here.
FIVE9 NETWORK SYSTEMS $89,910
+17.6%
Influenced by prevailing union wage agreements specific to FIVE9 NETWORK SYSTEMS's sector.
FAIRFAX COUNTY EMPLOYEES CREDIT UNION, INCORPORATED $78,287
+2.4%
Indicates identical technical requirements and experience levels between the two firms.
FAIRWAYPROMOS $70,067
-8.4%
Reflects market rates for standard general contracting, differing from specialized roles.
All Industries Industry $120,093
+57.0%
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 Saint Paul?

Understanding the cost of living near Saint Paul is key to truly evaluating a salary offer or your current compensation at Formula Benefits.
Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). State capital, slightly more affordable housing than Minneapolis. Metro Transit. When planning your budget based on a salary from Formula Benefits, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Formula Benefits salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,750 - $4,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Formula Benefits

FAQ 1: How much does Formula Benefits in the United States pay?
Formula Benefits pays its employees an average of $76,469 per year. The average salary at Formula Benefits range from $67,108 to $87,028 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: Do Formula Benefits employees get a higher salary than its peer company?
The salary at Formula Benefits is higher than its peer company. The average annual salary at Formula Benefits is $76,469, or an hourly wage of $37, in comparison to FLORIDA EDUCATION ASSOCIATION (FEA) which pays $64,412 per year or $31 per hour.
FAQ 3: How much does salary increase with years of experience at Formula Benefits?
Salary progression with years of experience at Formula Benefits is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Formula Benefits vary by office location?
Yes, it's very likely that salaries at Formula Benefits vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Saint Paul section provides more context.
FAQ 5: Does Formula Benefits offer good benefits?
Formula Benefits typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Formula Benefits" section on this page.

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