Formco Metal Products Salary

How Much Does Formco Metal Products Pay for employees?

As of August 2026, the average annual salary for employees at Formco Metal Products in the United States is $80,248. This translates to an approximate hourly wage of $39. Salaries at Formco Metal Products typically range from $70,572 to $91,063 annually, reflecting the diverse roles and experience levels within the company. Formco Metal Products’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 Formco Metal Products Pay for Different Roles?

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.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

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.

Turn Insight into Opportunity: Current Job Openings

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About Formco Metal Products: Company Profile

Website
www.formcometal.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
WOOD DALE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About FORMCO METAL PRODUCTS
Formco Metal Products Inc is an electrical/electronic manufacturing company based out of 260 Cortland Ave, Lombard, Illinois, United States.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Formco Metal Products's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Productivity and morale remain high. This consideration makes a huge difference in overall job satisfaction and well-being, allowing for a healthy integration of work and life. Management recognizes that experienced production workers are the company's greatest asset. The team is close-knit, and everyone is willing to help each other out.
Benefits are comprehensive, including wellness programs and career development opportunities. The scale of operations allows for career progression while maintaining a family-like atmosphere in departments. This company truly understands the needs of its manufacturing workforce. This company offers a great balance of structure and flexibility. Detailed planning minimizes errors and rework. Tasks a...
Safety training goes beyond minimum requirements, creating genuine culture of care. The production floor is organized, clean, and safety-focused, which is a huge plus. Training programs exist but and it can address specific needs adequately. One of the best places I’ve worked in manufacturing. The best part about working here is the teamwork.
I’ve been promoted twice in five years because they reward performance and initiative. The training programs helped me upskill quickly, and leadership recognizes hard work through regular incentives. The company supports ongoing training and skill development, ensuring long-term success for both employees and clients. Safety protocols are strictly enforced, creating a secure work environment. Equi...

Is Formco Metal Products’s Pay Competitive? Salary Benchmarking Analysis

How does Formco Metal Products’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Formco Metal Products
MFG Durable
FOREMOST MANUFACTURING CO INC
FAULL & SON
Industry Comparison
Our data shows that, on average, compensation at Formco Metal Products is below the average for the U.S. MFG Durable industry by approximately 34%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Formco Metal Products average annual salary with several similar companies. Formco Metal Products average salary of $80,248 is lower than FOREMOST MANUFACTURING CO INC, which has an average salary of $86,349. It is higher than FAULL & SON, with their average salary at $72,573. This places Formco Metal Products in a mid-range 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.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Formco Metal Products.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Formco Metal Products, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Formco Metal Products salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Formco Metal Products

FAQ 1: What is the typical salary range (low to high) for most roles at Formco Metal Products?
The typical annual salary range for most roles at Formco Metal Products is approximately from $70,572 to $91,063. 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 Formco Metal Products pay compared to FOREMOST MANUFACTURING CO INC?
The average annual salary at Formco Metal Products is $80,248, or an hourly wage of $39, in comparison to FOREMOST MANUFACTURING CO INC which pays $86,349 per year or $42 per hour.
FAQ 3: How does experience level affect salary at Formco Metal Products?
Experience level is a significant factor in determining salary at Formco Metal Products, 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 Formco Metal Products in Chicago is fair given the local cost of living?
To determine if a salary offer from Formco Metal Products in Chicago is fair, first compare the gross salary to our data for similar roles at Formco Metal Products and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: Are the salaries listed for Formco Metal Products on Salary.com pre-tax or after-tax?
All salary figures displayed for Formco Metal Products, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.