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Formosa Exploration Inc Salary

How much does the Formosa Exploration Inc Pay for employees?

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Salary at Formosa Exploration Inc

Current Job Openings at Formosa Exploration Inc

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Is Formosa Exploration Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Formosa Exploration Inc’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

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Average Salary ($/year)

Formosa Exploration Inc

Energy & Utilities

Stonegate Exploration Inc

Four Winds Exploration LLC

Industry Comparison

Our data shows that, on average, compensation at Formosa Exploration Inc is below the average for the U.S. Energy & Utilities industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Formosa Exploration Inc average annual salary with several similar companies. Formosa Exploration Inc average salary of $94,035 is higher than Stonegate Exploration Inc, which has an average salary of $93,571. It is higher than Four Winds Exploration LLC, with their average salary at $91,082. This places Formosa Exploration Inc in a competitive position among its peers.

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How Formosa Exploration Inc's Salaries Compare to Similar Companies?

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

Stonegate Exploration Inc

$93,571 / year

Salary Range: $82,408 - $105,575

Midvale, UT

Four Winds Exploration LLC

$91,082 / year

Salary Range: $80,218 - $102,758

Ogden, UT

Geosignal Exploration Inc

$92,569 / year

Salary Range: $81,528 - $104,441

Salt Lake City, UT

Vector Exploration Inc

$94,088 / year

Salary Range: $82,866 - $106,148

Salt Lake City, UT

Pg Exploration Inc

$92,358 / year

Salary Range: $81,345 - $104,197

Midvale, UT

Circle R Exploration Inc

$90,143 / year

Salary Range: $79,393 - $101,709

Syracuse, UT

Silver Valley Resources Corp

$92,527 / year

Salary Range: $81,491 - $104,392

Salt Lake City, UT

Turtle Resources Inc

$93,740 / year

Salary Range: $82,563 - $105,758

Salt Lake City, UT

Frontier Natural Resources Inc

$90,048 / year

Salary Range: $79,310 - $101,600

Provo, UT

Employee Reviews: Working at Formosa Exploration Inc

Considering a career at Formosa Exploration Inc? 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.

Coworkers are respectful, and there's minimal workplace drama. Management respects field expertise as much as engineering knowledge. There’s a shared sense of mission among staff, and I feel proud to contribute to something meaningful. The company’s renewable focus and community engagement make it a responsible and innovative industry player worth joining.

Commented in February 23, 2025

Clean energy implementation is practical and measurable. I’ve grown a lot professionally thanks to great mentorship and training opportunities. The company is structured and organized, which helps day-to-day operations run smoothly. I’ve developed new skills and made valuable connections. Leadership communicates company goals clearly and recognizes employee contributions. Despite serving millions,...

Commented in October 23, 2024

A great balance of technical work, innovation, and teamwork. Green energy solutions are prioritized and tracked. Workload peaks seasonally, increasing pressure. However, energy around change and innovation is lacking. The mission aligns with my values.

Commented in October 20, 2024

It’s refreshing to work for a company that invests in its people. Employees generally know what to do, and deadlines are met. People are knowledgeable and willing to help. While benefits are decent and job security is stable, communication from leadership can be sporadic and formal.

Commented in March 12, 2024

Formosa Exploration Inc Overview

Website

Data pending, update soon.

Founded In

1989

Employees

25 - 50 employees

Industry

Energy & Utilities

Headquarter Address

160 E Broadway Salt Lake City Utah UT

Revenue

$5 Million - $10 Million

Phone Number

About Formosa Exploration Inc

Formosa Exploration Inc is a company that operates in the Oil & Energy industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Salt Lake City, Utah.

What Benefits Does Formosa Exploration Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formosa Exploration Inc 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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FAQs of Formosa Exploration Inc

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

The typical annual salary range for most roles at Formosa Exploration Inc is approximately from $82,820 to $106,087. 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 Formosa Exploration Inc pay compared to Stonegate Exploration Inc?

The average annual salary at Formosa Exploration Inc is $94,035, or an hourly wage of $45, in comparison to Stonegate Exploration Inc which pays $93,571 per year or $45 per hour.

3. How does experience level affect salary at Formosa Exploration Inc?

Experience level is a significant factor in determining salary at Formosa Exploration Inc, 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. Why might an individual's actual salary at Formosa Exploration Inc differ from the ranges shown here?

An individual's actual salary at Formosa Exploration Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.