Formula Prescriptions Inc Salary

As of July 2026, the average annual salary for employees at Formula Prescriptions Inc in the United States is $89,858. This translates to an approximate hourly wage of $43. Salaries at Formula Prescriptions Inc typically range from $78,990 to $101,685 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Formula Prescriptions Inc

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Is Formula Prescriptions Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Formula Prescriptions Inc'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
Us International Trade Marketing Inc $98,202
+9.3%
Reflects a supply-demand imbalance for the specific talent Us International Trade Marketing Inc targets.
Parker Davis HVAC International Inc $91,430
+1.7%
Confirms Parker Davis HVAC International Inc is a direct competitor vying for the exact same talent pool.
Gemini Mountain Medical LLC $92,189
+2.6%
Indicates identical technical requirements and experience levels between the two firms.
Red Mountain Trading Co $92,189
+2.6%
Suggests Red Mountain Trading Co utilizes a highly similar base-plus-benefits compensation model.
Retail & Wholesale Industry $123,318
+37.2%
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 Prescriptions Inc

Considering a career at Formula Prescriptions Inc? 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 Retail industry can be demanding, but the team works well together. This company is an excellent place to grow in the retail sector. The company offers great growth opportunities, and the team culture is very collaborative. While the workload is manageable, some processes could be streamlined for efficiency.
Great teamwork and a positive work environment. The leadership is forward-thinking, making it an exciting place to work. The workplace environment is standard for the industry, with typical challenges but nothing overwhelming. I highly recommend this company to anyone in retail. I’ve been with this company for over two years, and it’s been a positive journey. Standard retail job. Highly recommend ...
Coworkers are friendly and always willing to help. I’ve learned a lot about supply chain management and customer relations here. Leadership is engaged and always looking for ways to improve employee satisfaction.
Benefits include health insurance, retirement plans, and performance incentives. The job is straightforward with a fair schedule. Management is supportive, and the work-life balance is excellent.

Formula Prescriptions Inc Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
3918 Montclair Rd Birmingham Alabama AL 35213
Revenue
$5 Million - $10 Million
Phone Number
+1 2058717445
Social Media
About Formula Prescriptions Inc
Formula Prescriptions Inc is a company that operates in the Pharmaceuticals industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Birmingham, Alabama.

What Benefits Does Formula Prescriptions Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula Prescriptions Inc 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 Birmingham?

Understanding the cost of living near Birmingham is key to truly evaluating a salary offer or your current compensation at Formula Prescriptions Inc.
Birmingham's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 3.4% less than AL average). Primary driver is significantly lower housing costs. When planning your budget based on a salary from Formula Prescriptions Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Formula Prescriptions Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $60 (MAX Transit Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,040 - $3,460+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formula Prescriptions Inc

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

The typical annual salary range for most roles at Formula Prescriptions Inc is approximately from $78,990 to $101,685. 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 Prescriptions Inc pay compared to Us International Trade Marketing Inc?

The average annual salary at Formula Prescriptions Inc is $89,858, or an hourly wage of $43, in comparison to Us International Trade Marketing Inc which pays $98,202 per year or $47 per hour.

3. How does experience level affect salary at Formula Prescriptions Inc?

Experience level is a significant factor in determining salary at Formula Prescriptions Inc, 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 Prescriptions Inc in Birmingham is fair given the local cost of living?

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

5. What factors influence salary increases at Formula Prescriptions Inc?

Salary increases at Formula Prescriptions Inc 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.