Formplastics Salary

As of July 2026, the average hourly salary for employees at Formplastics in the United States is $39. This translates to an approximate annual wage of $80,147. Salaries at Formplastics typically range from $34 to $44 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Formplastics Pay for Different Roles?

Explore detailed salary information for specific jobs at Formplastics. 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

Technical Support Representative

$24 / hour

Salary Range: $21 - $27

Technical Support

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Turn Insight into Opportunity: Current Job Openings

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About Formplastics: Company Profile

Website
www.formplastics.com
Founded In
1969
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
SAINT CHARLES
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About FORMPLASTICS
A LEADER IN THE FOOD & NON-FOOD PACKAGING INDUSTRY... Form Plastics was founded in 1969 and continues to be a strong and innovative leader in both the food and non-food packaging industry. Form Plastics started by primarily manufacturing custom thermoformed rigid plastic containers for food applications. Our line of containers and equipment expanded with each customized packaging solution we provi

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Formplastics's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Production lines operate efficiently, safety is prioritized, and employees are treated with respect. I’ve had nothing but good experiences working here. The company takes safety seriously with constant reminders, drills, and improvements. Equipment is mostly up-to-date but occasional delays in upgrades. Career growth opportunities exist but are competitive.
The company invests in modern equipment and ongoing training programs to enhance skills. I value the positive and motivating atmosphere that this company has fostered. Working here has been a genuinely positive experience. You feel appreciated for your efforts. There's strong communication between shifts and departments. Highly recommended environment. It’s reassuring to work for a company whose l...
Management truly values every team member’s input and ensures open communication. I enjoy the structure here. They offer good health and wellness programs, showing a genuine concern for employee well-being beyond just workplace safety.

Is Formplastics’s Pay Competitive? Salary Benchmarking Analysis

How does Formplastics'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
FRANKSMANUFACTURING $36
-7.4%
FRANKSMANUFACTURING may offer non-monetary perks in lieu of competitive base salaries.
FARO INDUSTRIES $37
-4.5%
Reflects market rates for standard general contracting, differing from specialized roles.
FISCHERMOLDINC $39
+1.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
FISCHERSIPS $35
-8.8%
Normalized for lower cost-of-living zones where FISCHERSIPS primarily operates.
MFG Durable Industry $59
+51.9%
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.

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 Formplastics.
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 Formplastics, 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 Formplastics 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 Formplastics

FAQ 1: What is the typical salary range (low to high) for most roles at Formplastics?
The typical salary range for most roles at Formplastics is approximately from $34 to $44 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: How much does Formplastics pay compared to FRANKSMANUFACTURING?
The average annual salary at Formplastics is $80,147, or an hourly wage of $39, in comparison to FRANKSMANUFACTURING which pays $74,240 per year or $36 per hour.
FAQ 3: How does experience level affect salary at Formplastics?
Experience level is a significant factor in determining salary at Formplastics, 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.
FAQ 4: How can I determine if a salary offer from Formplastics in Chicago is fair given the local cost of living?
To determine if a salary offer from Formplastics in Chicago is fair, first compare the gross salary to our data for similar roles at Formplastics 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: What are the key factors that influence salary levels at Formplastics?
Several key factors influence salary levels at Formplastics. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Formplastics likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.