GQ Formalwear Salary

GQ Formalwear Salary

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As of August 2026, the average annual salary for employees at GQ Formalwear in the United States is $94,109. This translates to an approximate hourly wage of $45. Salaries at GQ Formalwear typically range from $82,719 to $106,477 annually, reflecting the diverse roles and experience levels within the company.

How Much Does GQ Formalwear Pay for Different Roles?

Explore detailed salary information for specific jobs at GQ Formalwear. Based on our data, the highest paying job is the Assistant, with an annual salary of $47,337. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at GQ Formalwear

Ready for your next career move? Explore current job openings at GQ Formalwear. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is GQ Formalwear’s Pay Competitive? Salary Benchmarking Analysis

How does GQ Formalwear'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
VTV Studio $88,561
-5.9%
VTV Studio likely leverages performance bonuses over the high base salary shown here.
Property Management Associates $86,209
-8.4%
Typical compensation structure for smaller regional agencies like Property Management Associates.
Ecobeton USA $88,329
-6.1%
Reflects market rates for standard general contracting, differing from specialized roles.
CodeBase Designs LLC $93,402
-0.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Business Services Industry $120,931
+28.5%
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.

How GQ Formalwear's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at GQ Formalwear. Click a company name to learn more.

Employee Reviews: Working at GQ Formalwear

Considering a career at GQ Formalwear? 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.
Safe and healthy work environment. It’s a fine place to work if you prefer structure and routine. The benefits package is competitive, with strong health and wellness coverage. Projects are engaging, and career growth feels genuinely supported throughout the organization.
Commented in April 06, 2025
30
1
Leadership promotes innovation and growth. It’s a refreshing change from previous employers and makes a huge difference in overall job satisfaction for many of us here. Culture here is top-notch. Their guidance has been invaluable in my growth. Team dynamics are neutral, and collaboration isn't strongly emphasized. Employees are empowered to share ideas, and many suggestions are actually implement...
Commented in March 09, 2025
38
1
Training opportunities are readily available, and mentorship has helped me reach new professional goals. I’ve had access to a wide range of training and career development programs, and internal mobility is encouraged. The company values structure and compliance, making it a dependable environment.
Commented in January 21, 2024
11
2

GQ Formalwear Overview

Website
www.gqtux.com
Founded In
1970
Employees
<25 employees
Industry
Business Services
Headquarter Address
1015 S Illinois Rte 83 Elmhurst Illinois IL 60126
Revenue
<$5 Million
Phone Number
+1 6308334222
Social Media
About GQ Formalwear
GQFormalwear maintains its inventory locally, allowing for last minute fittings for any event. Trust...an important quality when choosing formal attire. The tuxedo looks great on display and the brochure, but how will it look and feel when you put it on? For 40 years GQFormalwear has built a reputation throughout Chicago on three words "The final fitting". On this day our staff gets personal...a t

What Benefits Does GQ Formalwear Offer Beyond Salary?

A competitive compensation package is more than just a salary. GQ Formalwear 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)
Work at GQ Formalwear?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at GQ Formalwear.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from GQ Formalwear, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of GQ Formalwear salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of GQ Formalwear

1. What is the typical salary range (low to high) for most roles at GQ Formalwear?

The typical annual salary range for most roles at GQ Formalwear is approximately from $82,719 to $106,477. 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 GQ Formalwear pay compared to VTV Studio?

The average annual salary at GQ Formalwear is $94,109, or an hourly wage of $45, in comparison to VTV Studio which pays $88,561 per year or $43 per hour.

3. How does experience level affect salary at GQ Formalwear?

Experience level is a significant factor in determining salary at GQ Formalwear, 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 GQ Formalwear in Chicago is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at GQ Formalwear?

Several key factors influence salary levels at GQ Formalwear. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: GQ Formalwear likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.

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