Formally Salary

Formally Salary

How much does the Formally Pay for employees?

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As of July 2026, the average annual salary for employees at Formally in the United States is $107,168. This translates to an approximate hourly wage of $52. Salaries at Formally typically range from $94,192 to $121,244 annually, reflecting the diverse roles and experience levels within the company. Formally’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 Formally Pay for Different Roles?

Explore detailed salary information for specific jobs at Formally. 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 Formally

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

Is Formally’s Pay Competitive? Salary Benchmarking Analysis

How does Formally’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
150k
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90k
60k
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Average Salary ($/year)
Formally
Business Services
Uicusa
UrbanLink Group
Industry Comparison
Our data shows that, on average, compensation at Formally is below the average for the U.S. Business Services industry by approximately 11%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Formally average annual salary with several similar companies. Formally average salary of $107,168 is lower than Uicusa, which has an average salary of $111,524. It is higher than UrbanLink Group, with their average salary at $81,536. This places Formally in a mid-range position among its peers.
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How Formally's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Formally

Considering a career at Formally? 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.
Employees are empowered to take initiative and propose new ideas, and those efforts are recognized and rewarded. These are benefits you hope you never need, but are so important to have. This company provides an ideal mix of structure and flexibility. I’m consistently impressed by the caliber of my colleagues. A truly professional operation from start to finish.
Commented in May 02, 2025
43
3
The company offers consistent progress. Having a leader who actively supports your career and well-being is a huge asset and contributes significantly to my job satisfaction. The company's commitment to preventing burnout is evident. Expanded training programs upskilled our team, not just delivered outputs. The atmosphere is professional, innovation is prioritized. This hands-on guidance and the s...
Commented in January 10, 2025
44
3
Even when things are challenging, the leadership team remains positive and supportive. There are formal channels for submitting ideas, and good suggestions actually get implemented. This collaborative approach to development benefits everyone and keeps our skills sharp and up-to-date. It’s a place where everyone is respected for who they are.
Commented in December 25, 2024
20
1

Formally Overview

Website
www.formally.com
Founded In
2020
Employees
<25 employees
Industry
Business Services
Headquarter Address
889 Winslow St Redwood City California CA 94063
Revenue
<$5 Million
Phone Number
-
Social Media
About Formally
Formally is a legal tech company with a mission to increase access to justice. Their platform leverages intelligent technology and accessible design to streamline and simplify complex legal processes. Their most recent product helps users complete an immigration application, a process that usually takes weeks, in under an hour and get it reviewed by an experienced attorney in under 24 hours. Forma

What Benefits Does Formally Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formally 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 Jose?

Understanding the cost of living near San Jose is key to truly evaluating a salary offer or your current compensation at Formally.
San Jose's Cost of Living Index is approximately 214.5 (114.5% more expensive than US average; 53.4% more than CA average). Heart of Silicon Valley, astronomical housing costs, high transportation, and high prices for almost everything. When planning your budget based on a salary from Formally, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Formally salary. Location choices impact this heavily.
Utilities (Basic) $180 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (VTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,510 - $7,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formally

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

The typical annual salary range for most roles at Formally is approximately from $94,192 to $121,244. 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 Formally pay compared to Uicusa?

The average annual salary at Formally is $107,168, or an hourly wage of $52, in comparison to Uicusa which pays $111,524 per year or $54 per hour.

3. How does experience level affect salary at Formally?

Experience level is a significant factor in determining salary at Formally, 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 Formally in San Jose is fair given the local cost of living?

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

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

Several key factors influence salary levels at Formally. 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: Formally 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.

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