What benefits does Formby's provide?

Common benefits at Formby's include 401(k) matching, Health Insurance, Social Security, Pension and Paid Time Off, based on employee reports.

What industry is Formby's in?

Formby's operates in the Retail & Wholesale industry.

Formby's Hourly Pay Rate & Wages

Formby's Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

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Salary at Formby's

Current Job Openings at Formby's

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Is Formby's’s Pay Competitive? Salary Benchmarking Analysis

How does Formby's'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
BDI Express	$57	+1.0%	Confirms BDI Express is a direct competitor vying for the exact same talent pool.
NEWSPRING INDUSTRIAL Corp	$58	+2.9%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
The Shelly Co	$55	-1.9%	Indicates identical technical requirements and experience levels between the two firms.
Sarnova Inc	$55	-1.2%	Suggests Sarnova Inc utilizes a highly similar base-plus-benefits compensation model.
Retail & Wholesale Industry	$60	+5.9%	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 Formby's and Their Hourly Pay Rates

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

BDI Express

$57 / hour

Salary Range: $50 - $64

Cleveland, OH

NEWSPRING INDUSTRIAL Corp

$58 / hour

Salary Range: $51 - $65

Lake Forest, IL

The Shelly Co

$55 / hour

Salary Range: $48 - $62

Thornville, OH

Sarnova Inc

$55 / hour

Salary Range: $49 - $63

Dublin, OH

Discount Drug Mart

$55 / hour

Salary Range: $48 - $62

Medina, OH

Heinen's Inc

$55 / hour

Salary Range: $48 - $63

Warrensville Heights, OH

Fujitec Co. Ltd

$55 / hour

Salary Range: $48 - $63

Lebanon, OH

aka Brands Inc

$70 / hour

Salary Range: $62 - $80

San Francisco, CA

Godiva Chocolatier Inc

$68 / hour

Salary Range: $59 - $77

New York City, NY

Employee Reviews: Working at Formby's

Considering a career at Formby's? 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.

I appreciate the regular training sessions and career development programs. The work-life balance is respected, and flexible scheduling is available for many roles. Paychecks are always on time. I’ve been promoted twice since joining, showing the company’s commitment to growth.

Commented in February 06, 2025

It’s a reliable place to work if you value consistency. Communication from upper management is consistent but could be more engaging. Overall, it’s a decent place to work. It’s a nice place to work with predictable growth patterns. Benefits, including health coverage and performance incentives, are excellent. The company provides excellent support for career development. Coworkers are friendly, an...

Commented in January 23, 2025

Reliable employer. The company follows industry standards, and shifts are predictable. A great place to grow in retail. There are regular training sessions, and career growth is encouraged.

Commented in March 07, 2024

Formby's Overview

Website

www.formbys.com

Founded In

2002

Employees

1,000 - 3,000 employees

Industry

Retail & Wholesale

Headquarter Address

101 W Prospect Ave Cleveland Ohio OH 44115

Revenue

$500 Million - $1B

Phone Number

+1 8005239299

About Formby's

Formby's is a company that operates in the Logistics and Supply Chain industry. It employs 1,001-2,000 people and has $500M-$1B of revenue. The company is headquartered in Cleveland, Ohio.

What Benefits Does Formby's Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formby's 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Formby's.

Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Formby's, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$850 - $1,300+	A significant portion of Formby's salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $240	Electricity, Heating, Cooling, Water etc.
Public Transportation	$95 (RTA monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$370 - $550	Can be higher with more dining out or specialty stores.
Personal & Leisure	$330 - $630+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$360 - $660+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,155 - $3,385+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formby's

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

The typical salary range for most roles at Formby's is approximately from $49 to $64 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 Formby's pay compared to BDI Express?

The average annual salary at Formby's is $116,492, or an hourly wage of $56, in comparison to BDI Express which pays $117,631 per year or $57 per hour.

3. How does experience level affect salary at Formby's?

Experience level is a significant factor in determining salary at Formby's, 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 Formby's in Cleveland is fair given the local cost of living?

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

5. Are the salaries listed for Formby's on Salary.com pre-tax or after-tax?

All salary figures displayed for Formby's, 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.