Formico Group Salary

Formico Group Salary

How much does the Formico Group Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of July 2026, the average annual salary for employees at Formico Group in the United States is $110,237. This translates to an approximate hourly wage of $53. Salaries at Formico Group typically range from $96,895 to $124,719 annually, reflecting the diverse roles and experience levels within the company. Formico Group’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 accurate does the salary look to you?

Current Job Openings at Formico Group

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

Is Formico Group’s Pay Competitive? Salary Benchmarking Analysis

How does Formico Group’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
120k
90k
60k
30k
0
Average Salary ($/year)
Formico Group
Business Services
Cryeye
Klout.pro
Industry Comparison
Our data shows that, on average, compensation at Formico Group is below the average for the U.S. Business Services industry by approximately 9%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Formico Group average annual salary with several similar companies. Formico Group average salary of $110,237 is higher than Cryeye, which has an average salary of $97,010. It is higher than Klout.pro, with their average salary at $87,053. This places Formico Group in a competitive 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 Formico Group's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Formico Group

Considering a career at Formico Group? 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.
Training exists but varies by team. Career growth requires patience and internal networking. The benefits are strong, with a focus on wellness and balance. There’s a solid training program and great mentors. The company offers a focus on innovation. The positive momentum is palpable and makes it an energizing place to work, knowing we are all contributing to that success. Coworkers are kind, the w...
Commented in April 25, 2025
44
1
It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees. There's still a strong sense of community and shared purpose. The total rewards package demonstrates how much the organization values its people.
Commented in April 04, 2025
23
0
Team-oriented with supportive leadership. I’ve grown both professionally and personally here and truly feel like part of a community committed to shared success. The regular bonuses are a great incentive and show that hard work is recognized. Great leadership, collaborative culture, and exciting client projects. Clear expectations, but career progression takes time.
Commented in March 30, 2025
17
1

Formico Group Overview

Website
www.formicogroup.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Business Services
Headquarter Address
2695 Moorpark Ave San Jose California CA 95128
Revenue
<$5 Million
Phone Number
+1 4086213980
Social Media
About Formico Group
Formico Group is a company that operates in the Insurance industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in San Jose, California.

What Benefits Does Formico Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formico Group 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)
Work at Formico Group?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

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 Formico Group.
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 Formico Group, 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 Formico Group 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 Formico Group

1. What is the average salary for employees at Formico Group?

The average annual total compensation for employees at Formico Group is approximately $110,237. However, this is an aggregate figure, actual salaries can range significantly, typically from $96,895 to $124,719, depending on factors like job role, experience, and location.

2. How much does Formico Group pay compared to Cryeye?

The average annual salary at Formico Group is $110,237, or an hourly wage of $53, in comparison to Cryeye which pays $97,010 per year or $47 per hour.

3. How does having a professional certification impact salary for relevant roles at Formico Group?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Formico Group for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Formico Group offer cost-of-living adjustments (COLA) for employees in high-cost areas like San Jose?

While some companies offer formal COLA, many, including potentially Formico Group, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Formico Group?

Most companies, likely including Formico Group, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning