Formula Packaging Machinery Inc Salary

How Much Does Formula Packaging Machinery Inc Pay?BETA

As of April 2025, the average annual salary for employees at Formula Packaging Machinery Inc in the United States is $82,158. This translates to an approximate hourly wage of $39. Salaries at Formula Packaging Machinery Inc typically range from $72,364 to $92,710 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Formula Packaging Machinery Inc, A Vice President, Information Technology is among the highest earners, with an average salary of approximately $220,842 per year. Conversely, the lowest-paid position is Sales, earning around $46,999 annually. Explore this page further for more salary and benefits information at Formula Packaging Machinery Inc.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Formula Packaging Machinery Inc Pay for Different Roles?BETA

At Formula Packaging Machinery Inc, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Vice President, Information Technology positions at Formula Packaging Machinery Inc offer the highest average annual salary of $220,842, while Sales roles have an average annual salary of $46,999.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Vice President, Information Technology $191,774 - $261,551 $220,842 Formula Packaging Machinery Inc
Sales $40,427 - $53,024 $46,999 Formula Packaging Machinery Inc
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Formula Packaging Machinery Inc Overview

Website:
formulapackaging.com
Size:
<25 Employees
Industry:
MFG Durable
Revenue:
<$5M
About:
Formula Packaging Machinery, Inc. represents quality machinery manufacturers whose business model emphasizes strong customer commitment, machine reliability and innovative engineering. When I started Formula Packaging Machinery in 1992, I wanted to represent a group of machinery manufacturers whose ...

Most Common Benefits for Formula Packaging Machinery Inc

Aside from the base salary, Formula Packaging Machinery Inc offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Formula Packaging Machinery Inc

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Formula Packaging Machinery Inc ’s peer companies.
DasPac Inc Seymour, TN $70,917 - $90,857 Company Salary Range $80,513 Average Company Salary
Lunaz Ltd Santa Ana, CA $85,707 - $109,806 Company Salary Range $97,305 Average Company Salary
Solarflux Energy Technologies Inc Reading, PA $77,588 - $99,393 Company Salary Range $88,086 Average Company Salary
Complex Steel Buildings Hemet, CA $81,226 - $104,063 Company Salary Range $92,221 Average Company Salary
Lettering Inc Livonia, MI $79,475 - $101,819 Company Salary Range $90,238 Average Company Salary
Us/ Four States Machinery Detroit, MI $78,806 - $100,966 Company Salary Range $89,468 Average Company Salary
ZEF Energy Minneapolis, MN $83,122 - $106,489 Company Salary Range $94,373 Average Company Salary
TechSearch International Inc Austin, TX $75,608 - $96,868 Company Salary Range $85,840 Average Company Salary
Ripple Network Technologies Fort Lauderdale, FL $74,747 - $95,759 Company Salary Range $84,859 Average Company Salary
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FAQs About Formula Packaging Machinery Inc Company

1. How much does Formula Packaging Machinery Inc in the United States pay?

Formula Packaging Machinery Inc pays its employees an average of $82,158 per year. The average salary at Formula Packaging Machinery Inc range from $72,364 to $92,710 per year. Vice President, Information Technology jobs at Formula Packaging Machinery Inc earn the most with an average annual salary of $220,842, while Sales jobs earn the least with an average annual salary of $46,999.

2. Do Formula Packaging Machinery Inc employees get a higher salary than other similar companies?

The salary at Formula Packaging Machinery Inc is lesser than Lunaz Ltd. The highest salary package reported for an employee at Formula Packaging Machinery Inc is $92,710 per year, meanwhile the highest salary package reported for an employee at Lunaz Ltd is $109,806 per year.

3. How much does Formula Packaging Machinery Inc pay compared to Lunaz Ltd?

The average annual salary at Formula Packaging Machinery Inc is $82,158, or an hourly wage of $39, in comparison to Lunaz Ltd which pays $97,305 per year or $47 per hour.

4. Which job skills can boost a Sales salary at Formula Packaging Machinery Inc?

Customer Service, Presentation and Sales Development are key to a Sales job at Formula Packaging Machinery Inc. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Formula Packaging Machinery Inc.

5. What is the lowest salary at Formula Packaging Machinery Inc?

The lowest paying job at Formula Packaging Machinery Inc is Sales with an annual salary of $46,999 or an hourly rate of $39.