Factotem Inc Salary

Factotem Inc Salary

How much does the Factotem Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Factotem Inc in the United States is $89,943. This translates to an approximate hourly wage of $43. Salaries at Factotem Inc typically range from $79,054 to $101,758 annually, reflecting the diverse roles and experience levels within the company. Factotem Inc’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.
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Current Job Openings at Factotem Inc

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

Is Factotem Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Factotem Inc’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
180k
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Average Salary ($/year)
Factotem Inc
Business Services
Carleton Energy Consulting
Steven Volpe Design
Industry Comparison
Our data shows that, on average, compensation at Factotem Inc is below the average for the U.S. Business Services industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Factotem Inc average annual salary with several similar companies. Factotem Inc average salary of $89,943 is lower than Carleton Energy Consulting, which has an average salary of $106,187. It is lower than Steven Volpe Design, with their average salary at $108,961. This places Factotem Inc in a developing position among its peers.
See Your True Competitors
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 Factotem Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Factotem Inc

Considering a career at Factotem Inc? 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.
Open-door policy works well. Managers are approachable and committed to team development. Benefits are average, and while the workload is balanced, the career growth path isn’t always clear. This company genuinely cares about its employees' well-being. While not every process is perfect, overall the experience is satisfying and offers meaningful work. Everyone is smart, driven, and willing to help...
Commented in March 09, 2025
8
1
This stability allows us to focus on our work without worrying about the company's future. Everyone is genuinely happy to help each other succeed. There's a genuine spirit of helpfulness among colleagues. The company offers freedom to innovate.
Commented in February 27, 2025
15
1
The teams work seamlessly together, and I’ve found plenty of support whenever I’ve needed it. From mentorship programs to regular leadership training, the commitment to career development is obvious. This collaborative spirit makes tackling complex projects much easier and more rewarding. It creates a stimulating environment where you're always learning from those around you.
Commented in December 19, 2024
32
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Factotem Inc Overview

Website
www.factotem.com
Founded In
2001
Employees
<25 employees
Industry
Business Services
Headquarter Address
PO Box 91 Chelsea Michigan MI 48118
Revenue
<$5 Million
Phone Number
+1 8662059780
Social Media
About Factotem Inc
Factotem is a global business accelerator and commercialization firm. Founded in Ann Arbor, Michigan in 1995, Factotem delivers innovative Customer Development and R&D services for new products and ventures. The Factotem Constellation comprises 60 senior-level business and information professionals in the USA, Canada and Europe. Engagements include: Life Science Technologyand Integration Mobile, S

What Benefits Does Factotem Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Factotem Inc 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Factotem Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Factotem Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Factotem Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Factotem Inc

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

The typical annual salary range for most roles at Factotem Inc is approximately from $79,054 to $101,758. 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 Factotem Inc pay compared to Carleton Energy Consulting?

The average annual salary at Factotem Inc is $89,943, or an hourly wage of $43, in comparison to Carleton Energy Consulting which pays $106,187 per year or $51 per hour.

3. How does experience level affect salary at Factotem Inc?

Experience level is a significant factor in determining salary at Factotem 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.

4. How can I determine if a salary offer from Factotem Inc in Detroit is fair given the local cost of living?

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

5. Why might an individual's actual salary at Factotem Inc differ from the ranges shown here?

An individual's actual salary at Factotem 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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