Formation Systems Inc Salary

As of August 2026, the average hourly salary for employees at Formation Systems Inc in the United States is $47. This translates to an approximate annual wage of $98,392. Salaries at Formation Systems Inc typically range from $42 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Formation Systems Inc

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Is Formation Systems Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Formation Systems 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
IXYS Integrated Circuits Division Inc $52
+8.9%
Supported by IXYS Integrated Circuits Division Inc's high-margin contracts allowing higher overhead.
Avnera Corp $48
+0.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
ALVALEX CO. Inc $56
+17.8%
Adjusted for higher cost-of-living indices in ALVALEX CO. Inc's primary metro hubs.
Shenzhen Bailin Technology Co. Ltd $47
-1.2%
Confirms Shenzhen Bailin Technology Co. Ltd is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $59
+23.7%
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 Formation Systems Inc

Considering a career at Formation Systems 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.
They invest in state-of-the-art equipment, making day-to-day tasks safer and more efficient. Employee benefits are comprehensive, including excellent healthcare and retirement plans. There’s pride in doing high-quality work. Competitive pay and benefits attract and retain talent.
A healthy work-life balance and proactive management make all the difference. From onboarding to regular workdays, the process is smooth and well-organized. You know what to expect, and policies are applied evenly. What stands out is the investment in employee comfort - from ergonomic tools to climate-controlled workspaces. While benefits and job security are adequate, communication gaps occasiona...
The validation documentation exceeded FDA audit requirements. there's a real sense of camaraderie on the production floor. The ergonomic initiatives have significantly reduced workplace fatigue and injury risks. The work environment is respectful and inclusive, with a strong focus on safety and quality. This transparency builds trust and makes you feel like a true partner in the business. The atmo...
Work-life balance supported with flexible shifts. It’s a fast-paced but supportive environment where you feel part of something that truly matters to the community. While it’s nice to have a routine, it can also become monotonous over time. Our facility runs smoothly with minimal downtime, and employee feedback is regularly considered for improving performance and efficiency.
The company provides solid job stability and encourages employee input. The workplace encourages teamwork and respect, fostering a positive environment. This company truly values its people. They offer good opportunities for advancement and reward hard work, making it a motivating and enjoyable place to be employed in the manufacturing sector. Team interactions are courteous but minimal.

Formation Systems Inc Overview

Website
www.formationsystems.com
Founded In
1995
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
144 Turnpike Rd Southborough Massachusetts MA 01772
Revenue
$10 Million - $50 Million
Phone Number
+1 5083036200
Social Media
About Formation Systems Inc
Formation Systems is the pioneer in product development and commercialization solutions for process industries. Formation develops Optiva, the award-winning suite of product development software that helps companies become more profitable by improving their ability to innovate. Their mission is to ensure a company's best ideas become the world's greatest products. Formation customers include large

What Benefits Does Formation Systems Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formation Systems 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 Framingham?

Understanding the cost of living near Framingham is key to truly evaluating a salary offer or your current compensation at Formation Systems Inc.
Framingham's Cost of Living Index is approximately 125.7 (25.7% more expensive than US average; 5.2% less than MA average). MetroWest hub, housing costs above US avg. MWRTA bus, Commuter Rail. When planning your budget based on a salary from Formation Systems Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,600+ A significant portion of Formation Systems Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MWRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,080+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formation Systems Inc

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

The typical salary range for most roles at Formation Systems Inc is approximately from $42 to $53 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 Formation Systems Inc pay compared to IXYS Integrated Circuits Division Inc?

The average annual salary at Formation Systems Inc is $98,392, or an hourly wage of $47, in comparison to IXYS Integrated Circuits Division Inc which pays $107,147 per year or $52 per hour.

3. How does experience level affect salary at Formation Systems Inc?

Experience level is a significant factor in determining salary at Formation Systems 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.

4. How can I determine if a salary offer from Formation Systems Inc in Framingham is fair given the local cost of living?

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

5. Are the salaries listed for Formation Systems Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Formation Systems Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.