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Formula Plastics Inc Salary

Formula Plastics Inc Salary

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As of September 2026, the average hourly salary for employees at Formula Plastics Inc in the United States is $41. This translates to an approximate annual wage of $85,709. Salaries at Formula Plastics Inc typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Formula Plastics Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Formula Plastics Inc. 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

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Digital Marketing & Content Specialist

$55 / hour

Salary Range: $49 - $62

Digital Marketing

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Turn Insight into Opportunity: Current Job Openings

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

Website
www.formulaplastics.com
Founded In
1984
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Location
TECATE
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 Formula Plastics Inc's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Seeing our products used in demanding applications worldwide reinforces the importance of our daily work. I appreciate the opportunities for learning new skills on the production floor and the emphasis on safety, which is always a top priority. Career advancement is possible but may require patience. A clean, safe facility with well-maintained equipment. Clean facility, modern equipment, and safe ...
Commented in May 23, 2025
30
3
Workload is manageable and expectations are clear. The facility is clean, well-organized, and up-to-date. For anyone considering a career in manufacturing, I highly recommend this company. The culture encourages continuous improvement, and new ideas are welcomed.
Commented in November 13, 2024
50
2
The facility is organized and it is somehow modern. Highly recommended environment. The production process is efficient, and everyone’s role is valued. across various functions – from engineering and production to logistics and quality control – there are numerous pathways for advancement. We receive regular safety training, and the facility is kept in excellent condition. I’ve had opportunities t...
Commented in July 18, 2024
38
0
Employees appreciate stability but seek more dynamic opportunities. Our manufacturing processes are constantly reviewed and refined to keep us competitive and efficient. It’s a solid option for those seeking stability without too much pressure or involvement.
Commented in April 01, 2024
21
3

How Formula Plastics Inc's Salaries Compare to Similar Companies?

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

Is Formula Plastics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Formula Plastics Inc'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
PORT ERIE PLASTICS $36
-13.5%
Normalized for lower cost-of-living zones where PORT ERIE PLASTICS primarily operates.
MARJO PLASTICS COMPANY $40
-3.6%
Typical compensation structure for smaller regional agencies like MARJO PLASTICS COMPANY.
TRAUMA TECHNOLOGIES $35
-14.1%
TRAUMA TECHNOLOGIES focuses strategically on recruiting and training entry-level apprentices.
THERMOSERV $38
-7.4%
THERMOSERV operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $59
+42.0%
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 San Diego?

Understanding the cost of living near San Diego is key to truly evaluating a salary offer or your current compensation at Formula Plastics Inc.
San Diego's Cost of Living Index is approximately 160.4 (60.4% more expensive than US average; 14.7% more than CA average). Very high housing costs are the primary driver, along with generally higher prices for other goods and services. When planning your budget based on a salary from Formula Plastics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,400+ A significant portion of Formula Plastics Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,722 - $5,922+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Formula Plastics Inc

FAQ 1: What is the typical salary range (low to high) for most roles at Formula Plastics Inc?
The typical salary range for most roles at Formula Plastics Inc is approximately from $36 to $47 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 Formula Plastics Inc pay compared to PORT ERIE PLASTICS?
The average annual salary at Formula Plastics Inc is $85,709, or an hourly wage of $41, in comparison to PORT ERIE PLASTICS which pays $74,127 per year or $36 per hour.
FAQ 3: How does experience level affect salary at Formula Plastics Inc?
Experience level is a significant factor in determining salary at Formula Plastics Inc, 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 Formula Plastics Inc in San Diego is fair given the local cost of living?
To determine if a salary offer from Formula Plastics Inc in San Diego is fair, first compare the gross salary to our data for similar roles at Formula Plastics Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for San Diego" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Formula Plastics Inc differ from the ranges shown here?
An individual's actual salary at Formula Plastics Inc 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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