Formedic Salary

Formedic Salary

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As of May 2026, the average hourly salary for employees at Formedic in the United States is $53. This translates to an approximate annual wage of $109,270. Salaries at Formedic typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Formedic Pay for Different Roles?

Explore detailed salary information for specific jobs at Formedic. Based on our data, the highest paying job is the Technology Sales Executive, with an hourly wage of $94. The table below outlines the hourly wage ranges for most popular roles within the company.

Human Resources Specialist

$32 / hour

Salary Range: $29 - $35

Human Resources

Shared Technical Service Tier I (NOC Technician I)

$36 / hour

Salary Range: $29 - $48

Information Technology

Technology Service Coordinator

$45 / hour

Salary Range: $38 - $51

Patient Relations

Project Coordinator, Minneapolis

$40 / hour

Salary Range: $35 - $46

Project Planning

Business Technology Advisor

$47 / hour

Salary Range: $41 - $54

Technical Sales

Technology Sales Executive

$94 / hour

Salary Range: $81 - $108

Sales

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Formedic.
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About Formedic: Company Profile

Website
www.formedic.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Software & Networking
Headquarter Location
SOMERSET
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Formedic's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The retail floor is organized, and shifts are fairly assigned. Team collaboration is a strength, and innovation is encouraged. Standard retail job. The work environment is positive, and leadership is inspiring. The job provides a good work-life balance.
Commented in May 10, 2025
38
2
The leadership team is transparent and communicates company goals effectively. The company operates efficiently with clear processes. It’s a decent option if you value stability over high-growth opportunities. Career advancement is possible for those who take initiative. The office/retail spaces are well-maintained, and the technology systems are up-to-date. The company provides great opportunitie...
Commented in December 21, 2024
18
3
Work is consistent. While there aren’t many flashy perks, the job provides stability and a predictable schedule. The benefits are competitive, and the leadership team is inspiring. Management is supportive, and work-life balance is respected.
Commented in March 28, 2024
23
0

How Formedic's Salaries Compare to Similar Companies?

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

Is Formedic’s Pay Competitive? Salary Benchmarking Analysis

How does Formedic'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
UNISON REALTY PARTNERS $52
-0.8%
Indicates identical technical requirements and experience levels between the two firms.
DAVIS FINANCIAL, LLC $48
-9.1%
DAVIS FINANCIAL, LLC operates with a leaner overhead structure, impacting base wage offers.
DUKEPROPERTIESREALESTATE $47
-10.1%
Reflects market rates for standard general contracting, differing from specialized roles.
MASSFINELIVING $52
-0.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Software & Networking Industry $61
+16.1%
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 Somerset?

Understanding the cost of living near Somerset is key to truly evaluating a salary offer or your current compensation at Formedic.
Somerset (Franklin Twp) Cost of Living Index is approx. 115-120. Middlesex/Somerset Co., housing above US avg. NJ Transit. When planning your budget based on a salary from Formedic, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,400+ A significant portion of Formedic salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus/rail (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,140 - $4,800+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Formedic

FAQ 1: How much does a Formedic employee make?
Formedic pays its employees an average of $53 per hour. The average salary at Formedic range from $46 to $59 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.
FAQ 2: Which similar company tend to pay more or less than Formedic?
The salary at Formedic is higher than the similar company. The average annual salary at Formedic is $109,270, or an hourly wage of $53, in comparison to UNISON REALTY PARTNERS which pays $108,407 per year or $52 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Formedic?
In many roles at Formedic, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Somerset affect the perceived value of a Formedic salary?
Somerset (Franklin Twp) Cost of Living Index is approx. This significantly impacts the purchasing power of a salary from Formedic based there. Our "Cost of Living Insights for Somerset" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Formedic typically offer employees?
Formedic generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Formedic" section on this page.

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