Berkeley Formula Racing Salary

Berkeley Formula Racing Salary

How much does the Berkeley Formula Racing Pay for employees?

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As of August 2026, the average annual salary for employees at Berkeley Formula Racing in the United States is $112,642. This translates to an approximate hourly wage of $54. Salaries at Berkeley Formula Racing typically range from $98,893 to $127,792 annually, reflecting the diverse roles and experience levels within the company. Berkeley Formula Racing’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Berkeley Formula Racing Pay for Different Roles?

Explore detailed salary information for specific jobs at Berkeley Formula Racing. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Berkeley Formula Racing

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

Is Berkeley Formula Racing’s Pay Competitive? Salary Benchmarking Analysis

How does Berkeley Formula Racing’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Berkeley Formula Racing
Hospitality & Leisure
Apex Racing Company LLC
Apex Racing Company LLC
Industry Comparison
Our data shows that, on average, compensation at Berkeley Formula Racing is below the average for the U.S. Hospitality & Leisure industry by approximately 8%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Berkeley Formula Racing average annual salary with several similar companies. Berkeley Formula Racing average salary of $112,642 is higher than Apex Racing Company LLC, which has an average salary of $103,370. It is higher than Apex Racing Company LLC, with their average salary at $103,940. This places Berkeley Formula Racing in a competitive position among its peers.
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The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Berkeley Formula Racing's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Berkeley Formula Racing

Considering a career at Berkeley Formula Racing? 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.
Leadership is supportive, and there are plenty of opportunities for advancement. The training programs are top-notch, and career advancement is possible. Managers listen to feedback and act on it. A great place for hospitality professionals.
Commented in April 09, 2025
36
2
The company’s commitment to employee satisfaction is evident through regular feedback sessions and rewards. Helps new hires adapt quickly. The work environment is fast-paced but rewarding, with plenty of opportunities to shine. The team is collaborative, making challenging days easier.
Commented in March 30, 2025
38
3
While the industry can be fast-paced, the company ensures workloads are fair. The company fosters a positive work culture where employees feel valued. Overall, I’d highly recommend this company to anyone looking for a stable and rewarding career in hospitality. I appreciate the focus on work-life balance. A great place for hospitality professionals to grow. The work environment is fast-paced but r...
Commented in March 01, 2025
21
3
Leadership recognizes effort and rewards dedication fairly. I’d definitely recommend this workplace. The company promotes from within often. Compensation is fair, aligning with industry standards. My experience has been satisfactory.
Commented in January 11, 2025
47
0
While not the most innovative, the company is well-respected in the industry. Colleagues are helpful, and the company maintains a professional environment. The company offers great training and development opportunities. The company runs efficiently, and the workload is reasonable. There’s a strong focus on sustainability, which I admire.
Commented in February 02, 2024
28
3

Berkeley Formula Racing Overview

Website
www.fsae.berkeley.edu
Founded In
2001
Employees
50 - 100 employees
Industry
Hospitality & Leisure
Headquarter Address
1301 S 46th St Richmond California CA 94804
Revenue
<$5 Million
Phone Number
-
Social Media
About Berkeley Formula Racing
Berkeley Formula Racing is a non-profit organization whose goal is to build a formula-style, single-seat race car over the course of a school year and then race at competition over the summer. This organization gives students hands on experience that the classroom doesn't offer through designing and manufacturing. Students on the team take on projects and deadlines that reflect working in a profes

What Benefits Does Berkeley Formula Racing Offer Beyond Salary?

A competitive compensation package is more than just a salary. Berkeley Formula Racing 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 San Francisco?

Understanding the cost of living near San Francisco is key to truly evaluating a salary offer or your current compensation at Berkeley Formula Racing.
San Francisco's Cost of Living Index is approximately 243.5 (143.5% more expensive than US average; 74.2% more than CA average). One of the most expensive cities globally, extreme housing costs, high transportation, and very high prices for all goods/services. When planning your budget based on a salary from Berkeley Formula Racing, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,200 - $5,000+ A significant portion of Berkeley Formula Racing salary. Location choices impact this heavily.
Utilities (Basic) $200 - $320 Electricity, Heating, Cooling, Water etc.
Public Transportation $81 (Muni Monthly Pass 'M') Essential for most commuters; car ownership is costly.
Groceries (Single Person) $550 - $850 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,081 - $8,221+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Berkeley Formula Racing

1. How much does a Berkeley Formula Racing employee make?

Berkeley Formula Racing pays its employees an average of $112,642 per year. The average salary at Berkeley Formula Racing range from $98,893 to $127,792 per year. 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. Which similar company tend to pay more or less than Berkeley Formula Racing?

The salary at Berkeley Formula Racing is higher than the similar company. The average annual salary at Berkeley Formula Racing is $112,642, or an hourly wage of $54, in comparison to Apex Racing Company LLC which pays $103,370 per year or $50 per hour.

3. How much does a Lead Electrical Engineer typically earn at Berkeley Formula Racing?

A Lead Electrical Engineer at Berkeley Formula Racing typically earns an average annual base salary of around $141,450, with a general range of $131,221 to $150,398.

4. Do employees with advanced degrees (Master's, PhD) earn more at Berkeley Formula Racing?

In many roles at Berkeley Formula Racing, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near San Francisco affect the perceived value of a Berkeley Formula Racing salary?

San Francisco's Cost of Living Index is approximately 243.5 (143.5% more expensive than US average; 74.2% more than CA average). This significantly impacts the purchasing power of a salary from Berkeley Formula Racing based there. Our "Cost of Living Insights for San Francisco" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Berkeley Formula Racing typically offer employees?

Berkeley Formula Racing generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Berkeley Formula Racing" section on this page.

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