Formwell Industries Salary

As of July 2026, the average annual salary for employees at Formwell Industries in the United States is $80,882. This translates to an approximate hourly wage of $39. Salaries at Formwell Industries typically range from $71,237 to $91,271 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Formwell Industries

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Is Formwell Industries’s Pay Competitive? Salary Benchmarking Analysis

How does Formwell Industries'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
Tennessee Building Components $75,735
-6.4%
Tennessee Building Components focuses strategically on recruiting and training entry-level apprentices.
Arraystarled Ltd $90,692
+12.1%
Adjusted for higher cost-of-living indices in Arraystarled Ltd's primary metro hubs.
MP Industrial $93,719
+15.9%
Influenced by prevailing union wage agreements specific to MP Industrial's sector.
JC Custom Machining & Design Inc $90,069
+11.4%
Reflects a supply-demand imbalance for the specific talent JC Custom Machining & Design Inc targets.
MFG Durable Industry $121,746
+50.5%
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 Formwell Industries

Considering a career at Formwell Industries? 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.
Innovation is not always prioritized, which may limit excitement for some staff. It’s a company where people are appreciated and given room to grow. The dedication to producing high-quality products is evident at every stage, from R&D to the assembly line. I appreciate the company’s dedication to maintaining a structured and safe work environment.
Managers recognize achievements, and feedback is constructive. Supervisors are approachable, and new ideas are always welcomed during team meetings or project updates. Competitive salaries and benefits help retain talented staff. Benefits are standard, and leadership changes occasionally disrupt workflow. The team-oriented culture fosters strong collaboration and respect among coworkers. A stable,...
There’s a real effort to maintain a respectful and inclusive workplace. It feels good to contribute to a company that is a leader in its field and also a great employer. That’s great for consistency, but there’s little room for individual creativity or experimentation.

Formwell Industries Overview

Website
www.formwellindustries.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2502 Dickerson Pike Nashville Tennessee TN 37207
Revenue
<$5 Million
Phone Number
+1 6156493714
Social Media
About Formwell Industries
Welcome to Formwell Industries. We are Nashville's full service metal fabrication and precision cutting facility. Using the latest in technology we are able to provide a service to our customers that will not only meet their specifications, but their deadlines as well. Utilizing our Flow CNC Water Jet machine, we posses the ability to precisely cut and form a wide variety of materials. Having serv

What Benefits Does Formwell Industries Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formwell Industries 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 Nashville?

Understanding the cost of living near Nashville is key to truly evaluating a salary offer or your current compensation at Formwell Industries.
Nashville's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 14.7% more than TN average). 'Music City', major growth, housing costs above US avg. WeGo Public Transit. When planning your budget based on a salary from Formwell Industries, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Formwell Industries salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (WeGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,945 - $4,685+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formwell Industries

1. What is the average salary for employees at Formwell Industries?

The average annual total compensation for employees at Formwell Industries is approximately $80,882. However, this is an aggregate figure, actual salaries can range significantly, typically from $71,237 to $91,271, depending on factors like job role, experience, and location.

2. How much does Formwell Industries pay compared to Tennessee Building Components?

The average annual salary at Formwell Industries is $80,882, or an hourly wage of $39, in comparison to Tennessee Building Components which pays $75,735 per year or $36 per hour.

3. How does having a professional certification impact salary for relevant roles at Formwell Industries?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Formwell Industries for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Formwell Industries offer cost-of-living adjustments (COLA) for employees in high-cost areas like Nashville?

While some companies offer formal COLA, many, including potentially Formwell Industries, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Formwell Industries?

Most companies, likely including Formwell Industries, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.