Formic Labs Salary

Formic Labs Salary

How much does the Formic Labs Pay for employees?

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As of June 2026, the average annual salary for employees at Formic Labs in the United States is $112,315. This translates to an approximate hourly wage of $54. Salaries at Formic Labs typically range from $98,664 to $127,378 annually, reflecting the diverse roles and experience levels within the company. Formic Labs’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 Formic Labs Pay for Different Roles?

Explore detailed salary information for specific jobs at Formic Labs. 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 Formic Labs

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

Is Formic Labs’s Pay Competitive? Salary Benchmarking Analysis

How does Formic Labs’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)
Formic Labs
Healthcare
Medpixels Inc
Meari LLC
Industry Comparison
Our data shows that, on average, compensation at Formic Labs is below the average for the U.S. Healthcare industry by approximately 8%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Formic Labs average annual salary with several similar companies. Formic Labs average salary of $112,315 is lower than Medpixels Inc, which has an average salary of $113,243. It is higher than Meari LLC, with their average salary at $86,008. This places Formic Labs 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.

How Formic Labs's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Formic Labs

Considering a career at Formic Labs? 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.
The workplace values diversity and inclusion, fostering a collaborative environment where innovation and patient safety come first. However, internal processes can be cumbersome, and leadership sometimes struggles with transparency. Overall work service is acceptable, though wait times can be long. Leadership here is approachable and transparent. I’ve seen firsthand how this company invests in its...
Commented in April 06, 2025
29
0
The company has a strong mission, but internal operations don’t always reflect that vision. Managers are trained to support—not just supervise—and they’re evaluated based on team success. Benefits are strong, especially the health coverage and retirement contributions. Clinical standards are maintained excellently.
Commented in March 18, 2025
22
2
This teamwork not only enhances patient outcomes. This company offers a great work-life balance, which is rare in the healthcare industry. The atmosphere is low-key, and most teams operate independently.
Commented in March 29, 2024
47
3

Formic Labs Overview

Website
www.formiclabs.io
Founded In
2022
Employees
<25 employees
Industry
Healthcare
Headquarter Address
486 Cabot Rd South San Francisco California CA 94080
Revenue
<$5 Million
Phone Number
-
Social Media
About Formic Labs
Formic Labs is a company that operates in the Airlines/Aviation industry. It employs 6-10 people and has $0M-$1M of revenue. The company is headquartered in South San Francisco, California.

What Benefits Does Formic Labs Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formic Labs 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 Francisco?

Understanding the cost of living near San Francisco is key to truly evaluating a salary offer or your current compensation at Formic Labs.
San Francisco's Cost of Living Index is approximately 243.5 (143.5% more expensive than US average; 74.2% more than CA average). One of the most expensive cities globally, extreme housing costs, high transportation, and very high prices for all goods/services. When planning your budget based on a salary from Formic Labs, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,200 - $5,000+ A significant portion of Formic Labs salary. Location choices impact this heavily.
Utilities (Basic) $200 - $320 Electricity, Heating, Cooling, Water etc.
Public Transportation $81 (Muni Monthly Pass 'M') Essential for most commuters; car ownership is costly.
Groceries (Single Person) $550 - $850 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,081 - $8,221+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formic Labs

1. How much does Formic Labs in the United States pay?

Formic Labs pays its employees an average of $112,315 per year. The average salary at Formic Labs range from $98,664 to $127,378 per year. 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. Do Formic Labs employees get a higher salary than its peer company?

The salary at Formic Labs is lesser than its peer company. The average annual salary at Formic Labs is $112,315, or an hourly wage of $54, in comparison to Medpixels Inc which pays $113,243 per year or $54 per hour.

3. What are the highest paying jobs at Formic Labs?

The higher-paying job at Formic Labs, according to our data, include Chief Executive Officer (avg. $869,417 per year), Program Manager (avg. $154,428 per year), and Senior Software Engineer (avg. $127,065 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Formic Labs?

Salary progression with years of experience at Formic Labs is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Formic Labs vary by office location?

Yes, it's very likely that salaries at Formic Labs vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for San Francisco section provides more context.

6. Does Formic Labs offer good benefits?

Formic Labs typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Formic Labs" section on this page.

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