Where is Formula 51 located?

Formula 51 is headquartered in Eugene, Oregon, but may have operations in other locations within the Business Services sector.

What does Formula 51 do?

According to the company's overview, Formula 51 is a company that operates in the Information Technology and Services industry.

What industry is Formula 51 in?

Formula 51 operates in the Business Services industry.

Formula 51 Hourly Pay Rate & Wages

Formula 51 Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Find Out My True Value Get Salary AI Insights

Salary at Formula 51

Current Job Openings at Formula 51

Ready for your next career move? Explore current job openings at Formula 51. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Formula 51’s Pay Competitive? Salary Benchmarking Analysis

How does Formula 51'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
Spark Collaborative Studios	$41	-5.9%	Spark Collaborative Studios focuses strategically on recruiting and training entry-level apprentices.
Future Pak Ltd	$45	+4.3%	Data suggests Future Pak Ltd's workforce skews heavily towards veteran, high-tenure roles.
Pacific Business Management	$56	+29.4%	Influenced by prevailing union wage agreements specific to Pacific Business Management's sector.
Deals By GRL	$44	+1.3%	Suggests Deals By GRL utilizes a highly similar base-plus-benefits compensation model.
Business Services Industry	$59	+33.6%	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 Formula 51 and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Formula 51. Click a company name to learn more.

Spark Collaborative Studios

$41 / hour

Salary Range: $36 - $46

Burns, OR

Future Pak Ltd

$45 / hour

Salary Range: $40 - $51

Wixom, MI

Pacific Business Management

$56 / hour

Salary Range: $49 - $64

San Jose, CA

Deals By GRL

$44 / hour

Salary Range: $39 - $50

Grayslake, IL

JayKay Inc

$41 / hour

Salary Range: $36 - $47

Tavares, FL

Jezic & Moyse LLC

$49 / hour

Salary Range: $43 - $55

Wheaton, MD

Chem Nuclear Service

$40 / hour

Salary Range: $36 - $46

Columbia, SC

Metcalf Community Development Corporation, Inc filed As

$45 / hour

Salary Range: $39 - $51

Houston, TX

Allura

$44 / hour

Salary Range: $38 - $50

Irving, TX

Employee Reviews: Working at Formula 51

Considering a career at Formula 51? 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.

The management team is responsive and genuinely listens to concerns. Employees have access to excellent learning opportunities and support systems. Managers are approachable and provide helpful feedback. Client satisfaction is a huge priority, and it's fulfilling to be part of a team that delivers high-quality services. The company offers engaging challenges.

Commented in March 13, 2025

17

0

Expanded training programs upskilled our team, not just delivered outputs. Serving diverse clients, there's still a consistent commitment to exceptional service. It’s a suitable place for those seeking job security and clear roles, and it is for high-growth aspirations.

Commented in September 19, 2024

30

1

This level of trust boosts my confidence and makes me more invested in the outcomes of my work. Training programs are in place and it is particularly personalized. What's most impressive is how willing people are to help each other, regardless of hierarchy or location. This fosters a collaborative environment where the best ideas can come from anywhere. Collaboration tools are outdated in some are...

Commented in August 06, 2024

37

0

Communication from leadership is professional but sometimes impersonal. There’s an emphasis on development and cross-functional teamwork. It’s a rare and valuable quality. There’s a clear process for knowledge transfer and a supportive attitude from everyone involved.

Commented in August 03, 2024

50

3

It’s a fair and motivating system that drives us all to do our best. Diverse teams foster creativity and innovation across departments. Managers are professional, though some departments experience communication gaps.

Commented in March 29, 2024

32

3

What Benefits Does Formula 51 Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula 51 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 Formula 51?

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.

Get estimated pay range See more details

What Is the Cost of Living Near Eugene?

Understanding the cost of living near Eugene is key to truly evaluating a salary offer or your current compensation at Formula 51.

Eugene's Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 8.9% less than OR average). Home to Univ. of Oregon, 'Track Town USA', housing costs above US avg. LTD bus, EmX BRT. When planning your budget based on a salary from Formula 51, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,200 - $1,800+	A significant portion of Formula 51 salary. Location choices impact this heavily.
Utilities (Basic)	$110 - $200	Electricity, Heating, Cooling, Water etc.
Public Transportation	$50 (LTD monthly pass, free for UO)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $630	Can be higher with more dining out or specialty stores.
Personal & Leisure	$400 - $730+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$380 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,570 - $4,060+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formula 51

1. What is the typical salary range (low to high) for most roles at Formula 51?

The typical salary range for most roles at Formula 51 is approximately from $38 to $49 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 Formula 51 pay compared to Spark Collaborative Studios?

The average annual salary at Formula 51 is $90,502, or an hourly wage of $44, in comparison to Spark Collaborative Studios which pays $85,175 per year or $41 per hour.

3. How does experience level affect salary at Formula 51?

Experience level is a significant factor in determining salary at Formula 51, 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.

4. How can I determine if a salary offer from Formula 51 in Eugene is fair given the local cost of living?

To determine if a salary offer from Formula 51 in Eugene is fair, first compare the gross salary to our data for similar roles at Formula 51 and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Eugene" to understand its purchasing power.

5. What are the key factors that influence salary levels at Formula 51?

Several key factors influence salary levels at Formula 51. 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: Formula 51 likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.