Formula Propeller & Marine Salary

Formula Propeller & Marine Salary

How Much Does Formula Propeller & Marine Pay for employees?

Salaries

Job Openings

Overview

Reviews

Similar Company

FAQ

Recommended HR Topics
Compensation Planning Hot Insights on Your Competitors' PayNew Global Market Data New Develop a Job Description Pay Equlity Benefits Consulting
As of July 2026, the average annual salary for employees at Formula Propeller & Marine in the United States is $85,747. This translates to an approximate hourly wage of $41. Salaries at Formula Propeller & Marine typically range from $75,423 to $97,187 annually, reflecting the diverse roles and experience levels within the company. Formula Propeller & Marine’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 Formula Propeller & Marine Pay for Different Roles?

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.

Bookkeeper and Administrative Specialist

$56,217 / year

Salary Range: $50,341 - $63,223

Accounts Payable

FT - Family Law Paralegal Marietta (2219)

$89,988 / year

Salary Range: $80,932 - $100,162

Legal

FT Accountant (2224)

$84,890 / year

Salary Range: $76,579 - $94,062

Finance and Accounting

FT Administrative Assistant/Research Assistant - Perimeter Area (2202)

$66,604 / year

Salary Range: $59,838 - $74,153

Administrative Assistant IV

FT Corporate Recruiter (2210)

$170,860 / year

Salary Range: $144,913 - $197,805

Sales

FT Family Law Paralegal Buckhead (2218)

$94,236 / year

Salary Range: $84,938 - $104,490

Legal

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Formula Propeller & Marine.
Loading results...

About Formula Propeller & Marine: Company Profile

Website
www.formulapropeller.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Business Services
Headquarter Location
MAPLE GROVE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About FORMULA PROPELLER & MARINE
At Formula Propeller and Marine, we don't simply sell and repair boat propellers, winterize, shrink wrap and store boats, we've perfected the craft.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Formula Propeller & Marine's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
I feel supported in my role and know what’s expected of me. Regular updates and open forums ensure we are all informed and aligned, fostering a strong sense of trust and shared purpose. You never feel like just a number. I feel truly supported in my professional development and know they have my back. Employees have opportunities to move into different roles based on performance.
Commented in March 31, 2025
22
3
The company values employee input and consistently provides growth opportunities. Fair pricing, average delivery. There’s a sense of security in the organization’s structure, though that can also mean fewer opportunities for quick progression. I’ve enjoyed the team atmosphere and the way leaders listens.
Commented in July 22, 2024
31
0
It’s a good environment if you're not seeking rapid career advancement or high-intensity projects. The benefits package is competitive, and compensation is fair. Encouraging feedback from management. It feels very egalitarian. The company celebrates milestones, both big and small. Trustworthy and dependable. I’ve been given opportunities to lead initiatives, which has helped me grow professionally...
Commented in May 07, 2024
28
2
This hands-on guidance and the sharing of invaluable industry experience are instrumental in personal and professional growth. The company offers solid professional development. From mental health resources to wellness challenges, they invest in our overall health and happiness. The tools and technology we use are top-notch. Will continue partnering with them for future needs!.
Commented in January 22, 2024
10
0

How Formula Propeller & Marine's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Formula Propeller & Marine’s pay competitiveness. Click on a company for a deeper dive.

Is Formula Propeller & Marine’s Pay Competitive? Salary Benchmarking Analysis

How does Formula Propeller & Marine’s compensation stack up against the market? This analysis visualizes their 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)
Formula Propeller & Marine
Business Services
FORTRAN COMMUNICATIONS
FOX RIDGE COMMUICATIONS
Industry Comparison
Our data shows that, on average, compensation at Formula Propeller & Marine is below the average for the U.S. Business Services industry by approximately 29%. 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 Propeller & Marine average annual salary with several similar companies. Formula Propeller & Marine average salary of $85,747 is higher than FORTRAN COMMUNICATIONS, which has an average salary of $76,966. It is higher than FOX RIDGE COMMUICATIONS, with their average salary at $77,584. This places Formula Propeller & Marine 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.

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Formula Propeller & Marine.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Formula Propeller & Marine, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Formula Propeller & Marine salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Formula Propeller & Marine

FAQ 1: What is the typical salary range (low to high) for most roles at Formula Propeller & Marine?
The typical annual salary range for most roles at Formula Propeller & Marine is approximately from $75,423 to $97,187. 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.
FAQ 2: How much does Formula Propeller & Marine pay compared to FORTRAN COMMUNICATIONS?
The average annual salary at Formula Propeller & Marine is $85,747, or an hourly wage of $41, in comparison to FORTRAN COMMUNICATIONS which pays $76,966 per year or $37 per hour.
FAQ 3: How does experience level affect salary at Formula Propeller & Marine?
Experience level is a significant factor in determining salary at Formula Propeller & Marine, 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.
FAQ 4: How can I determine if a salary offer from Formula Propeller & Marine in Minneapolis is fair given the local cost of living?
To determine if a salary offer from Formula Propeller & Marine in Minneapolis is fair, first compare the gross salary to our data for similar roles at Formula Propeller & Marine and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.
FAQ 5: What factors influence salary increases at Formula Propeller & Marine?
Salary increases at Formula Propeller & Marine are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living 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