Formatech Salary

Formatech Salary

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As of August 2026, the average hourly salary for employees at Formatech in the United States is $40. This translates to an approximate annual wage of $82,517. Salaries at Formatech typically range from $35 to $45 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Formatech

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Is Formatech’s Pay Competitive? Salary Benchmarking Analysis

How does Formatech'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
CalRegional $48
+20.0%
Data suggests CalRegional's workforce skews heavily towards veteran, high-tenure roles.
Transweb Global Inc $44
+10.2%
Reflects a supply-demand imbalance for the specific talent Transweb Global Inc targets.
North Coast Shared Services Alliance $44
+9.9%
Reflects structural premiums typical of North Coast Shared Services Alliance's large-cap national operations.
Pmbr $53
+33.1%
Supported by Pmbr's high-margin contracts allowing higher overhead.
Edu., Gov't. & Nonprofit Industry $56
+39.8%
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 Formatech and Their Hourly Pay Rates

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

Employee Reviews: Working at Formatech

Considering a career at Formatech? 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.
With employees across multiple locations, there's still remarkable consistency in quality and commitment. Improved our recruitment outcomes significantly. Inclusive culture with diverse perspectives welcomed. Training programs are offered but may lack relevance for some roles.
Commented in March 08, 2025
9
1
Policies are clear, but implementation sometimes lacks consistency across departments. Commitment to public service inspires pride in daily work. It’s a positive and steady place to build a career. Staff try their best but may need additional support or training to handle complex requests. Ethics training that sticks. Employees benefit from flexible schedules and comprehensive wellness programs, w...
Commented in July 22, 2024
30
1
Supportive culture with resources for both staff and student success. Advancement depends more on tenure than skills. Employees benefit from clear communication, supportive leadership, and well-structured professional development programs.
Commented in March 13, 2024
31
1

Formatech Overview

Website
www.formatechedu.com
Founded In
1995
Employees
25 - 50 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
8894 Crown Colony Blvd Fort Myers Florida FL 33908
Revenue
$10 Million - $50 Million
Phone Number
+1 2394542807
Social Media
About Formatech
We are committed to continuously providing the best solutions for our clients to achieve the highest level of customer satisfaction. We are dedicated to making you learn and practice, for a successful career. We constantly invest in new developments and dedicate our resources to offer the latest achievements in the field of Human Capital Development. We will always identify the customer's true nee

What Benefits Does Formatech Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formatech 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 Fort Myers?

Understanding the cost of living near Fort Myers is key to truly evaluating a salary offer or your current compensation at Formatech.
Fort Myers' Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 5.3% less than FL average). SW FL city, popular with retirees, housing costs near US average but have been rising. LeeTran. When planning your budget based on a salary from Formatech, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Formatech salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (LeeTran monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,700 - $4,160+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formatech

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

The typical salary range for most roles at Formatech is approximately from $35 to $45 per hour. 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 Formatech pay compared to CalRegional?

The average annual salary at Formatech is $82,517, or an hourly wage of $40, in comparison to CalRegional which pays $99,014 per year or $48 per hour.

3. Do salaries differ significantly between departments at Formatech?

Yes, salaries often differ between departments at Formatech due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Formatech?

Experience level is a significant factor in determining salary at Formatech, 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.

5. How can I determine if a salary offer from Formatech in Fort Myers is fair given the local cost of living?

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

6. Why might an individual's actual salary at Formatech differ from the ranges shown here?

An individual's actual salary at Formatech can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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