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Formco Metal Products Salary

Formco Metal Products Salary

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As of August 2026, the average hourly salary for employees at Formco Metal Products in the United States is $39. This translates to an approximate annual wage of $80,248. Salaries at Formco Metal Products typically range from $34 to $44 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Formco Metal Products Pay for Different Roles?

Explore detailed salary information for specific jobs at Formco Metal Products. Based on our data, the highest paying job is the Director of Finance and Accounting, with an hourly wage of $92. The table below outlines the hourly wage ranges for most popular roles within the company.

Sales Manager

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Digital Marketing & Content Specialist

$55 / hour

Salary Range: $49 - $62

Digital Marketing

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Turn Insight into Opportunity: Current Job Openings

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About Formco Metal Products: Company Profile

Website
www.formcometal.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
WOOD DALE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About FORMCO METAL PRODUCTS
Formco Metal Products Inc is an electrical/electronic manufacturing company based out of 260 Cortland Ave, Lombard, Illinois, United States.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Formco Metal Products's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Productivity and morale remain high. This consideration makes a huge difference in overall job satisfaction and well-being, allowing for a healthy integration of work and life. Management recognizes that experienced production workers are the company's greatest asset. The team is close-knit, and everyone is willing to help each other out.
Commented in April 08, 2025
34
2
Benefits are comprehensive, including wellness programs and career development opportunities. The scale of operations allows for career progression while maintaining a family-like atmosphere in departments. This company truly understands the needs of its manufacturing workforce. This company offers a great balance of structure and flexibility. Detailed planning minimizes errors and rework. Tasks a...
Commented in March 01, 2025
39
2
Safety training goes beyond minimum requirements, creating genuine culture of care. The production floor is organized, clean, and safety-focused, which is a huge plus. Training programs exist but and it can address specific needs adequately. One of the best places I’ve worked in manufacturing. The best part about working here is the teamwork.
Commented in October 06, 2024
42
2
I’ve been promoted twice in five years because they reward performance and initiative. The training programs helped me upskill quickly, and leadership recognizes hard work through regular incentives. The company supports ongoing training and skill development, ensuring long-term success for both employees and clients. Safety protocols are strictly enforced, creating a secure work environment. Equi...
Commented in March 24, 2024
9
3

How Formco Metal Products's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Formco Metal Products’s pay competitiveness. Click on a company for a deeper dive.

Is Formco Metal Products’s Pay Competitive? Salary Benchmarking Analysis

How does Formco Metal Products'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
FOREMOST MANUFACTURING CO INC $42
+7.6%
Data suggests FOREMOST MANUFACTURING CO INC's workforce skews heavily towards veteran, high-tenure roles.
FAULL & SON $35
-9.6%
FAULL & SON may offer non-monetary perks in lieu of competitive base salaries.
FALLSMETALSTAMPINGS $36
-7.1%
Normalized for lower cost-of-living zones where FALLSMETALSTAMPINGS primarily operates.
FIGLEY STAMPING $35
-10.5%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $59
+51.7%
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.

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 Formco Metal Products.
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 Formco Metal Products, 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 Formco Metal Products 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.

Most Common Questions About Formco Metal Products

FAQ 1: What is the estimated average total compensation at Formco Metal Products?
Salary.com estimates that the average total compensation package at Formco Metal Products, which can include base salary, potential bonuses, and benefits, is around $39 per hour . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Formco Metal Products pay compared to FOREMOST MANUFACTURING CO INC?
The average annual salary at Formco Metal Products is $80,248, or an hourly wage of $39, in comparison to FOREMOST MANUFACTURING CO INC which pays $86,349 per year or $42 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Formco Metal Products?
Salary progression from an entry-level to a senior role at Formco Metal Products can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Formco Metal Products in Chicago is fair given the local cost of living?
To determine if a salary offer from Formco Metal Products in Chicago is fair, first compare the gross salary to our data for similar roles at Formco Metal Products and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: Are promotions at Formco Metal Products usually accompanied by a significant salary increase?
Yes, promotions at Formco Metal Products are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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