Formula 51 Salary

Formula 51 Salary

How much does the Formula 51 Pay for employees?

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As of August 2026, the average annual salary for employees at Formula 51 in the United States is $90,502. This translates to an approximate hourly wage of $44. Salaries at Formula 51 typically range from $79,521 to $102,417 annually, reflecting the diverse roles and experience levels within the company. Formula 51’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 Formula 51

Ready for your next career move? Explore current job openings at Formula 51. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Formula 51’s Pay Competitive? Salary Benchmarking Analysis

How does Formula 51’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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90k
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Average Salary ($/year)
Formula 51
Business Services
Spark Collaborative Studios
Future Pak Ltd
Industry Comparison
Our data shows that, on average, compensation at Formula 51 is below the average for the U.S. Business Services industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Formula 51 average annual salary with several similar companies. Formula 51 average salary of $90,502 is higher than Spark Collaborative Studios, which has an average salary of $85,175. It is lower than Future Pak Ltd, with their average salary at $94,415. This places Formula 51 in a mid-range position among its peers.
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How Formula 51's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Formula 51. Click a company name to learn more.

Employee Reviews: Working at Formula 51

Considering a career at Formula 51? 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 management team is responsive and genuinely listens to concerns. Employees have access to excellent learning opportunities and support systems. Managers are approachable and provide helpful feedback. Client satisfaction is a huge priority, and it's fulfilling to be part of a team that delivers high-quality services. The company offers engaging challenges.
Commented in March 13, 2025
17
0
Expanded training programs upskilled our team, not just delivered outputs. Serving diverse clients, there's still a consistent commitment to exceptional service. It’s a suitable place for those seeking job security and clear roles, and it is for high-growth aspirations.
Commented in September 19, 2024
30
1
This level of trust boosts my confidence and makes me more invested in the outcomes of my work. Training programs are in place and it is particularly personalized. What's most impressive is how willing people are to help each other, regardless of hierarchy or location. This fosters a collaborative environment where the best ideas can come from anywhere. Collaboration tools are outdated in some are...
Commented in August 06, 2024
37
0
Communication from leadership is professional but sometimes impersonal. There’s an emphasis on development and cross-functional teamwork. It’s a rare and valuable quality. There’s a clear process for knowledge transfer and a supportive attitude from everyone involved.
Commented in August 03, 2024
50
3
It’s a fair and motivating system that drives us all to do our best. Diverse teams foster creativity and innovation across departments. Managers are professional, though some departments experience communication gaps.
Commented in March 29, 2024
32
3

Formula 51 Overview

Website
www.formula51supply.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
1030 Tyinn St Eugene Oregon OR 97402
Revenue
$5 Million - $10 Million
Phone Number
+1 5415549311
Social Media
About Formula 51
Formula 51 is a company that operates in the Information Technology and Services industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Eugene, Oregon.

What Benefits Does Formula 51 Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula 51 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 Eugene?

Understanding the cost of living near Eugene is key to truly evaluating a salary offer or your current compensation at Formula 51.
Eugene's Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 8.9% less than OR average). Home to Univ. of Oregon, 'Track Town USA', housing costs above US avg. LTD bus, EmX BRT. When planning your budget based on a salary from Formula 51, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Formula 51 salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (LTD monthly pass, free for UO) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,060+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formula 51

1. What is the average salary for employees at Formula 51?

The average annual total compensation for employees at Formula 51 is approximately $90,502. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,521 to $102,417, depending on factors like job role, experience, and location.

2. How much does Formula 51 pay compared to Spark Collaborative Studios?

The average annual salary at Formula 51 is $90,502, or an hourly wage of $44, in comparison to Spark Collaborative Studios which pays $85,175 per year or $41 per hour.

3. How does having a professional certification impact salary for relevant roles at Formula 51?

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 Formula 51 for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Formula 51 offer cost-of-living adjustments (COLA) for employees in high-cost areas like Eugene?

While some companies offer formal COLA, many, including potentially Formula 51, 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 Formula 51?

Most companies, likely including Formula 51, 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.

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