| 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. |
$98,202 / year
Salary Range: $86,311 - $111,123
Owings Mills, MD
$91,430 / year
Salary Range: $80,382 - $103,429
Doral, FL
$92,189 / year
Salary Range: $81,079 - $104,246
Englewood, CO
$92,189 / year
Salary Range: $81,079 - $104,246
Denver, CO
$94,225 / year
Salary Range: $82,811 - $106,660
Tampa, FL
$94,521 / year
Salary Range: $83,104 - $106,916
Oxford, MI
$103,444 / year
Salary Range: $90,948 - $117,013
Olney, MD
$100,965 / year
Salary Range: $88,767 - $114,208
Santa Rosa, CA
$89,236 / year
Salary Range: $78,440 - $100,990
Mobile, AL
Get an estimated calculation of how much you should be earning and insight into your career options.
| 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. |
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.
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.
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.
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.
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.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning