Formento Salary

Formento Salary

How much does the Formento Pay for employees?

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As of July 2026, the average annual salary for employees at Formento in the United States is $101,598. This translates to an approximate hourly wage of $49. Salaries at Formento typically range from $89,189 to $115,293 annually, reflecting the diverse roles and experience levels within the company. Formento’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 Formento Pay for Different Roles?

Explore detailed salary information for specific jobs at Formento. 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.
How accurate does the salary look to you?

Current Job Openings at Formento

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

Is Formento’s Pay Competitive? Salary Benchmarking Analysis

How does Formento’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)
Formento
Hospitality & Leisure
Toshi Sushi & Grill
Concuity Inc
Industry Comparison
Our data shows that, on average, compensation at Formento is below the average for the U.S. Hospitality & Leisure industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Formento average annual salary with several similar companies. Formento average salary of $101,598 is higher than Toshi Sushi & Grill, which has an average salary of $94,447. It is higher than Concuity Inc, with their average salary at $96,662. This places Formento 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 Formento's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Formento

Considering a career at Formento? 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.
While there aren’t many surprises, the job is reliable. The job provides steady hours and a predictable routine. The team feels like family, and guest interactions are rewarding. The work is consistent, and the team is professional. Coworkers are collaborative, making shifts enjoyable.
Commented in April 29, 2025
44
3
The job is structured with predictable hours. The team makes every shift enjoyable. It’s a decent place to work with a good balance between workload and compensation. It’s a positive environment for anyone passionate about hospitality. I’ve been with this company for over two years, and it’s been a fantastic journey. The team is amazing, and the benefits are outstanding. This company fosters a pos...
Commented in March 05, 2025
36
3
The company runs efficiently, and the workload is reasonable. The work-life balance is respected, and the benefits are solid. There are ample training opportunities, and managers are approachable. The dynamic nature of the hospitality industry keeps the job interesting.
Commented in December 08, 2024
41
0
The benefits are standard for the industry, and the work environment is clean and organized. The company offers a structured and stable work environment. The benefits are standard, but reliable. It’s a steady job with reasonable expectations. The company promotes from within, which is motivating.
Commented in June 20, 2024
24
3
Fast promotions for top performers. Health and wellness programs, like gym discounts and mental health resources, are a great benefit. The benefits package is robust, including health and wellness perks.
Commented in January 31, 2024
16
3

Formento Overview

Website
www.formentos.com
Founded In
2015
Employees
50 - 100 employees
Industry
Hospitality & Leisure
Headquarter Address
925 W Randolph St Chicago Illinois IL 60607
Revenue
$10 Million - $50 Million
Phone Number
+1 3126907295
Social Media
About Formento
Located in the Fulton Market District in Chicago's bustling West Loop, Formento's is a true Italian restaurant focused on hospitality. Created as a nod to the co-owner's grandmother, guests will enjoy traditional Italian family recipes, alongside modern Italian-American favorites. Formento's menu highlights cherished cuisine in an elevated dining establishment. In addition, Formento's features a c

What Benefits Does Formento Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formento 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 Formento.
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 Formento, 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 Formento 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 Formento

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

The typical annual salary range for most roles at Formento is approximately from $89,189 to $115,293. 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 Formento pay compared to Toshi Sushi & Grill?

The average annual salary at Formento is $101,598, or an hourly wage of $49, in comparison to Toshi Sushi & Grill which pays $94,447 per year or $45 per hour.

3. Do salaries differ significantly between departments at Formento?

Yes, salaries often differ between departments at Formento due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Formento?

Experience level is a significant factor in determining salary at Formento, 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.

5. How can I determine if a salary offer from Formento in Chicago is fair given the local cost of living?

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

6. What factors influence salary increases at Formento?

Salary increases at Formento are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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