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Factory Five Racing Inc Salary

Factory Five Racing Inc Salary

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As of October 2026, the average hourly salary for employees at Factory Five Racing Inc in the United States is $46. This translates to an approximate annual wage of $96,525. Salaries at Factory Five Racing Inc typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Is Factory Five Racing Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Factory Five Racing 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
The Spectator Hotel $42
-8.7%
The Spectator Hotel focuses strategically on recruiting and training entry-level apprentices.
Sweetfin $51
+9.7%
Influenced by prevailing union wage agreements specific to Sweetfin's sector.
ABC Dee Jay Services $44
-5.6%
ABC Dee Jay Services operates with a leaner overhead structure, impacting base wage offers.
Kv Racing Technology LLC $43
-7.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Hospitality & Leisure Industry $59
+27.0%
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.

Companies Similar to Factory Five Racing Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Factory Five Racing Inc

Considering a career at Factory Five Racing 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 company offers excellent training and development programs. Highly recommend this workplace. It’s a stable option for those in hospitality. I highly recommend this employer to anyone looking for a fulfilling career in hospitality.
Commented in April 17, 2025
22
1
I joined this company six months ago, and it’s been a great fit. The company invests in staff training, and the opportunities for advancement are solid. A great place to build a career in leisure services. Compensation is fair, with performance-based bonuses that incentivize hard work. Flexible schedules and good benefits. The leadership team is inspiring, and employees are given opportunities to ...
Commented in July 14, 2024
50
2
The hospitality industry is fast-moving, but the company provides the tools needed to succeed. The company ensures stability while still maintaining a personal touch. Great for career starters. The company offers cross-training opportunities, allowing employees to explore different roles.
Commented in March 13, 2024
15
0

Factory Five Racing Inc Overview

Website
www.factoryfive.com
Founded In
1995
Employees
25 - 50 employees
Industry
Hospitality & Leisure
Headquarter Address
9 Tow Rd Wareham Massachusetts MA 02571
Revenue
$5 Million - $10 Million
Phone Number
+1 5082913443
Social Media
About Factory Five Racing Inc
Founded in 1995, Factory Five Racing, Inc. is a component car kit manufacturer. Factory Five Racing is headquartered in Wareham, Massachusetts.

What Benefits Does Factory Five Racing Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Factory Five Racing 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Factory Five Racing Inc.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Factory Five Racing Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Factory Five Racing Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Factory Five Racing Inc

1. What is the average salary for employees at Factory Five Racing Inc?

The average total compensation for employees at Factory Five Racing Inc is approximately $46 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $41 to $53 per hour, depending on factors like job role, experience, and location.

2. How much does Factory Five Racing Inc pay compared to The Spectator Hotel?

The average annual salary at Factory Five Racing Inc is $96,525, or an hourly wage of $46, in comparison to The Spectator Hotel which pays $88,128 per year or $42 per hour.

3. What is the lowest salary at Factory Five Racing Inc?

The lowest-paying job at Factory Five Racing Inc is a Test Driver with a salary of $15 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Factory Five Racing Inc?

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 Factory Five Racing Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Factory Five Racing Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Boston?

While some companies offer formal COLA, many, including potentially Factory Five Racing Inc, 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.

6. What's the typical process for salary reviews and raises at Factory Five Racing Inc?

Most companies, likely including Factory Five Racing Inc, 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.

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