Formosa Plastics Corp Salary

As of August 2026, the average hourly salary for employees at Formosa Plastics Corp in the United States is $64. This translates to an approximate annual wage of $132,968. Salaries at Formosa Plastics Corp typically range from $56 to $72 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Formosa Plastics Corp

Ready for your next career move? Explore current job openings at Formosa Plastics Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Formosa Plastics Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Formosa Plastics Corp'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
American Air Filter Company Inc $53
-16.6%
American Air Filter Company Inc may offer non-monetary perks in lieu of competitive base salaries.
Axium Packaging Inc $53
-16.5%
Axium Packaging Inc focuses strategically on recruiting and training entry-level apprentices.
Truck-Lite Co. LLC $50
-21.0%
Reflects market rates for standard general contracting, differing from specialized roles.
US Concrete Inc $53
-16.7%
US Concrete Inc operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $59
-8.4%
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 Formosa Plastics Corp

Considering a career at Formosa Plastics Corp? 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.
It’s a workplace that supports structure, accountability, and continuous improvement. Overtime is occasionally required, affecting personal time. It’s a fast-paced environment, but leadership ensures we have what we need to succeed. There’s not a lot of room for open discussion unless you ask directly. There’s a strong sense of unity and shared purpose among coworkers.
Leadership communicates company goals clearly and celebrates team achievements. This organization offers a stable work environment with a strong emphasis on safety and quality control. I now feel confident in operating complex machinery. Employees appreciate the company’s commitment to continuous improvement and innovation. Consistent hours, respectful coworkers, and fair treatment from management...
This manufacturing organization provides stability and growth opportunities that are hard to find elsewhere. Employees are encouraged to participate in continuous improvement programs and cross-functional training. Schedules are consistent, which is important for planning your personal time. The relatively it means you get to know everyone, fostering a strong sense of camaraderie. Adequate for sta...
Ideas are listened to, and contributions are recognized, creating a motivating atmosphere. A clean, safe facility with well-maintained equipment. Shift schedules vary, sometimes impacting work-life balance.
This manufacturing plant runs like a well-oiled machine. It’s a decent place if you want consistency, and it is somehow ideal if you’re seeking excitement or fast growth. Hard work is recognized and rewarded fairly here.

Formosa Plastics Corp Overview

Website
www.fpcusa.com
Founded In
1978
Employees
1,000 - 3,000 employees
Industry
MFG Durable
Headquarter Address
9 Peach Tree Hill Rd Livingston New Jersey NJ 07039
Revenue
$1B - $3B
Phone Number
+1 8883728723
Social Media
About Formosa Plastics Corp
Founded in 1978 and headquartered in Livingston, New Jersey, Formosa Plastics is a vertically integrated producer of plastic resins and chemicals.

What Benefits Does Formosa Plastics Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formosa Plastics Corp 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)
Work at Formosa Plastics Corp?
Share your experience
How Much Should You Be Earning?

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

illustration

What Is the Cost of Living Near Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Formosa Plastics Corp.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Formosa Plastics Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Formosa Plastics Corp salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formosa Plastics Corp

1. What is the estimated average total compensation at Formosa Plastics Corp?

Salary.com estimates that the average total compensation package at Formosa Plastics Corp, which can include base salary, potential bonuses, and benefits, is around $64 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Formosa Plastics Corp pay compared to American Air Filter Company Inc?

The average annual salary at Formosa Plastics Corp is $132,968, or an hourly wage of $64, in comparison to American Air Filter Company Inc which pays $110,849 per year or $53 per hour.

3. Do salaries differ significantly between departments at Formosa Plastics Corp?

Yes, salaries often differ between departments at Formosa Plastics Corp 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Formosa Plastics Corp?

Salary progression from an entry-level to a senior role at Formosa Plastics Corp 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.

5. How can I determine if a salary offer from Formosa Plastics Corp in Jersey City is fair given the local cost of living?

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

6. Are promotions at Formosa Plastics Corp usually accompanied by a significant salary increase?

Yes, promotions at Formosa Plastics Corp 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.