Formdrill-USA Salary

Formdrill-USA Salary

How much does the Formdrill-USA Pay for employees?

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As of July 2026, the average annual salary for employees at Formdrill-USA in the United States is $107,906. This translates to an approximate hourly wage of $52. Salaries at Formdrill-USA typically range from $94,953 to $121,939 annually, reflecting the diverse roles and experience levels within the company. Formdrill-USA’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 Formdrill-USA

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Is Formdrill-USA’s Pay Competitive? Salary Benchmarking Analysis

How does Formdrill-USA’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)
Formdrill-USA
MFG Durable
EZ Chip Technologies
P & W Quality Machine Inc
Industry Comparison
Our data shows that, on average, compensation at Formdrill-USA is below the average for the U.S. MFG Durable 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 Formdrill-USA average annual salary with several similar companies. Formdrill-USA average salary of $107,906 is lower than EZ Chip Technologies, which has an average salary of $128,728. It is higher than P & W Quality Machine Inc, with their average salary at $101,957. This places Formdrill-USA in a mid-range position among its peers.
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How Formdrill-USA's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Formdrill-USA

Considering a career at Formdrill-USA? 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.
Some departments work better than others, depending on leadership. It's rare to find a manufacturer that treats its workforce so well. Leadership is accessible and quick to address concerns. This place genuinely wants employees to succeed and encourages participation at every level of decision-making. Time-off policies and healthcare coverage are especially appreciated among the production team.
Commented in February 09, 2025
19
2
Good benefits and retirement options. Management provides clear performance metrics so everyone understands their contribution to overall success. The team environment is very collaborative, and leadership is approachable. Benefits are decent, including health insurance and retirement plans. Our production targets are met consistently, and the workplace feels organized, focused, and well-managed. ...
Commented in May 01, 2024
30
1
This friendly atmosphere contributes significantly to overall job satisfaction and a positive team dynamic. Pay is competitive and benefits are solid. Safety protocols are strictly enforced, ensuring a secure environment for all. Career progression exists but is influenced by seniority.
Commented in March 25, 2024
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2

Formdrill-USA Overview

Website
www.formdrill-usa.com
Founded In
1980
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
3895 Industrial Ave Rolling Meadows Illinois IL 60008
Revenue
$50 Million - $200 Million
Phone Number
+1 7732901040
Social Media
About Formdrill-USA
Formdrill: Thermal drilling experts. Friction is used to produce a bushing that can be tapped afterwards. Also know as Flow drill process, Frictiondrill process

What Benefits Does Formdrill-USA Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formdrill-USA 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Formdrill-USA.
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 Formdrill-USA, 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 Formdrill-USA 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.

FAQs of Formdrill-USA

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

The typical annual salary range for most roles at Formdrill-USA is approximately from $94,953 to $121,939. 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 Formdrill-USA pay compared to EZ Chip Technologies?

The average annual salary at Formdrill-USA is $107,906, or an hourly wage of $52, in comparison to EZ Chip Technologies which pays $128,728 per year or $62 per hour.

3. How does experience level affect salary at Formdrill-USA?

Experience level is a significant factor in determining salary at Formdrill-USA, 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 Formdrill-USA in Chicago is fair given the local cost of living?

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

5. Are the salaries listed for Formdrill-USA on Salary.com pre-tax or after-tax?

All salary figures displayed for Formdrill-USA, 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.

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