Formose Industries Salary

Formose Industries Salary

How much does the Formose Industries Pay for employees?

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As of August 2026, the average weekly salary for employees at Formose Industries in the United States is $2,163. This translates to an approximate annual wage of $112,484. Salaries at Formose Industries typically range from $1,904 to $2,443 weekly, reflecting the diverse roles and experience levels within the company. Formose Industries’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 Formose Industries

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Is Formose Industries’s Pay Competitive? Salary Benchmarking Analysis

How does Formose Industries’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
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90k
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Average Salary ($/year)
Formose Industries
MFG Durable
Jarv Mobile Inc
Alpha Investment Casting LLC
Industry Comparison
Our data shows that, on average, compensation at Formose Industries is below the average for the U.S. MFG Durable 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 Formose Industries average annual salary with several similar companies. Formose Industries average salary of $112,484 is higher than Jarv Mobile Inc, which has an average salary of $109,457. It is higher than Alpha Investment Casting LLC, with their average salary at $87,981. This places Formose Industries in a competitive position among its peers.
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How Formose Industries's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Formose Industries

Considering a career at Formose Industries? 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.
Safety standards are high, and equipment is well-maintained. There’s pride in producing something customers can rely on. Competitive pay and benefits motivate employees. Regular employee recognition programs contribute to a positive work atmosphere. Good benefits and a stable work environment are also major positives.
Commented in February 10, 2025
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Excellent teamwork enhances output and quality. Beyond that, the company fosters a really inclusive atmosphere where everyone's contribution is valued. Management maintains an open-door policy and genuinely values production workers' expertise. Strong teamwork and safety culture make the workplace reliable and secure. Everyone is willing to lend a hand, and there's a strong sense of camaraderie.
Commented in December 29, 2024
19
0
It’s good to know you’re working for a company that takes its responsibilities seriously. What stands out is the investment in employee comfort - from ergonomic tools to climate-controlled workspaces. This company is dedicated to fostering a culture of collaboration and continuous learning. Management is approachable, though feedback loops. Even when the workload is high, the team pulls together.
Commented in August 31, 2024
32
1
Leadership ensures everyone has the tools they need to succeed, and issues are resolved quickly. Communication flows adequately but could be more frequent and transparent. I've been with this manufacturing company for over five years, and it's been an incredibly rewarding journey. They invest in state-of-the-art equipment, making day-to-day tasks safer and more efficient. Workload intensity varies...
Commented in August 04, 2024
37
0
I like how each shift runs like clockwork, with clear expectations and strong teamwork. It’s a dependable, well-organized place to work and thrive. Training programs are thorough and designed to keep staff up to date with industry standards. Training programs exist but and it can address specific needs adequately. I'm continually impressed by the strong sense of teamwork and camaraderie at this ma...
Commented in January 10, 2024
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3

Formose Industries Overview

Website
Data pending, update soon.
Founded In
2016
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
191 Sands St Brooklyn New York NY 11201
Revenue
$5 Million - $10 Million
Phone Number
+1 3473887554
Social Media
About Formose Industries
Formose Industries is a company that operates in the Machinery industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Brooklyn, New York.

What Benefits Does Formose Industries Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formose Industries 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 Brooklyn?

Understanding the cost of living near Brooklyn is key to truly evaluating a salary offer or your current compensation at Formose Industries.
Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. MTA subway/bus. When planning your budget based on a salary from Formose Industries, 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 Formose Industries salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,547 - $7,277+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formose Industries

1. How much does Formose Industries in the United States pay?

Formose Industries pays its employees an average of $112,484 per year. The average salary at Formose Industries range from $99,030 to $127,012 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 Formose Industries employees get a higher salary than its peer company?

The salary at Formose Industries is higher than its peer company. The average annual salary at Formose Industries is $112,484, or an hourly wage of $54, in comparison to Jarv Mobile Inc which pays $109,457 per year or $53 per hour.

3. How much does salary increase with years of experience at Formose Industries?

Salary progression with years of experience at Formose Industries 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.

4. Do salaries at Formose Industries vary by office location?

Yes, it's very likely that salaries at Formose Industries 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 Brooklyn section provides more context.

5. Does Formose Industries offer good benefits?

Formose Industries 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 Formose Industries" section on this page.

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