FORMSPRAG Co Salary

FORMSPRAG Co Salary

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As of May 2026, the average hourly salary for employees at FORMSPRAG Co in the United States is $46. This translates to an approximate annual wage of $95,354. Salaries at FORMSPRAG Co typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at FORMSPRAG Co

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Is FORMSPRAG Co’s Pay Competitive? Salary Benchmarking Analysis

How does FORMSPRAG Co'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
Allor Plesh $46
+0.9%
Confirms Allor Plesh is a direct competitor vying for the exact same talent pool.
Rosta Usa Corp $44
-4.4%
Rosta Usa Corp focuses strategically on recruiting and training entry-level apprentices.
3 Point Machine $46
+0.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Oliver Packaging & Equipment Co $44
-3.1%
Oliver Packaging & Equipment Co may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $59
+27.7%
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.

Companies Similar to FORMSPRAG Co and Their Hourly Pay Rates

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

Employee Reviews: Working at FORMSPRAG Co

Considering a career at FORMSPRAG Co? 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.
There’s a decent balance between routine and task variation. Management is supportive and listens to employee feedback, fostering a respectful and collaborative atmosphere on the floor. It’s not just about numbers; it’s about making a product we can all be proud of. A positive environment to grow professionally.
Commented in May 04, 2025
40
1
Onboarding was helpful, but brief. The workplace culture is formal and professional but sometimes lacks flexibility and agility. They are transparent in their communications and always make time to listen to employees. Heading to occasional dissatisfaction among staff seeking more dynamic roles. It's a place where you feel like more than just a number. I’ve stayed because the company treats people...
Commented in April 19, 2025
10
2
Reliable production processes and experienced staff ensure timely delivery and consistent product quality. Our production targets are met consistently, and the workplace feels organized, focused, and well-managed. The workplace is functional and it is somehow particularly forward-thinking. This company truly understands the needs of its manufacturing workforce. The team I work with is professional...
Commented in December 27, 2024
39
0
Career progression is possible but often dependent on seniority. Leadership communicates transparently about company performance and market challenges. The environment is clean and quiet.
Commented in July 05, 2024
43
2
There's a strong sense of pride in production quality, and employees are regularly recognized for their hard work. The training doesn't stop after orientation - there are regular skills upgrades and safety refreshers. Opportunities for cross-training help develop diverse skills. Benefits are solid, and there's a real commitment to improving systems and morale. You know what to expect, and policies...
Commented in February 08, 2024
26
0

FORMSPRAG Co Overview

Website
www.formsprag.com
Founded In
1946
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
23601 Hoover Rd Warren Michigan MI 48089
Revenue
$10 Million - $50 Million
Phone Number
+1 5867585000
Social Media
About FORMSPRAG Co
Formsprag Clutch provides superior overrunning clutch technologies for challenging industrial applications worldwide. For more than 50 years Formsprag Clutch has been known as the world's leading authority for the design and manufacture of long-life overrunning clutches, backstops, bi-directional clutches and clutch couplings. Formsprag offers the broadest range of both sprag and ramp & roller typ

What Benefits Does FORMSPRAG Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. FORMSPRAG Co 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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What Is the Cost of Living Near Warren?

Understanding the cost of living near Warren is key to truly evaluating a salary offer or your current compensation at FORMSPRAG Co.
Warren's Cost of Living Index is approximately 88.2 (11.8% less expensive than US average; 3.4% less than MI average). Large Detroit suburb (Macomb Co.), affordable housing. SMART bus. When planning your budget based on a salary from FORMSPRAG Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,300+ A significant portion of FORMSPRAG Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,160 - $3,330+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of FORMSPRAG Co

1. What is the typical salary range (low to high) for most roles at FORMSPRAG Co?

The typical salary range for most roles at FORMSPRAG Co is approximately from $40 to $52 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 FORMSPRAG Co pay compared to Allor Plesh?

The average annual salary at FORMSPRAG Co is $95,354, or an hourly wage of $46, in comparison to Allor Plesh which pays $96,219 per year or $46 per hour.

3. Do salaries differ significantly between departments at FORMSPRAG Co?

Yes, salaries often differ between departments at FORMSPRAG Co 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. How does experience level affect salary at FORMSPRAG Co?

Experience level is a significant factor in determining salary at FORMSPRAG Co, 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.

5. How can I determine if a salary offer from FORMSPRAG Co in Warren is fair given the local cost of living?

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

6. Why might an individual's actual salary at FORMSPRAG Co differ from the ranges shown here?

An individual's actual salary at FORMSPRAG Co can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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