Formulae Development LLC Salary

How much does the Formulae Development LLC Pay for employees?

As of August 2026, the average annual salary for employees at Formulae Development LLC in the United States is $97,801. This translates to an approximate hourly wage of $47. Salaries at Formulae Development LLC typically range from $85,963 to $110,647 annually, reflecting the diverse roles and experience levels within the company. Formulae Development LLC’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 Formulae Development LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Formulae Development LLC. 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.
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 Formulae Development LLC

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

Is Formulae Development LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Formulae Development LLC’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
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Average Salary ($/year)
Formulae Development LLC
Business Services
Velasco Law Office
Employer Incentives
Industry Comparison
Our data shows that, on average, compensation at Formulae Development LLC is below the average for the U.S. Business Services industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Formulae Development LLC average annual salary with several similar companies. Formulae Development LLC average salary of $97,801 is lower than Velasco Law Office, which has an average salary of $99,541. It is lower than Employer Incentives, with their average salary at $100,818. This places Formulae Development LLC in a developing 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.

Employee Reviews: Working at Formulae Development LLC

Considering a career at Formulae Development LLC? 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.
I can create a workspace that suits me best, leading to increased productivity and a healthier work-life integration. Leadership maintains transparent communication and seeks regular employee feedback. Managers focus on results rather than micromanaging hours. Working here has been an enriching journey. This sense of purpose makes my daily work feel meaningful and important.
Challenging work, but you're recognized for your efforts. The work can feel monotonous, especially in back-office roles. The emphasis on employee development and diversity is commendable. We are always encouraged to find better ways of working.
Friendly team and clear expectations. Working here has allowed me to stretch my abilities and explore new paths I hadn’t considered before. Mixed impressions. The company provides comprehensive onboarding, helpful resources, and a strong support network. There’s a strong focus on efficient processes and realistic deadlines, so we can deliver high-quality work without burning out. Managers are appr...

Formulae Development LLC Overview

Website
www.formulaelab.com
Founded In
2005
Employees
<25 employees
Industry
Business Services
Headquarter Address
8 Crown Plz Hazlet New Jersey NJ 07730
Revenue
<$5 Million
Phone Number
+1 7323358800
Social Media
About Formulae Development LLC
Formulae offers a signature private label line developed and produced in our lab. Serum, Day Cream, Cleanser and Night Cream are all part of our line, which also includes in-stock, elegant packaging options. Most importantly, our private label products are made in small batches on site so we can ensure that the highest quality standards are being met at all times.

What Benefits Does Formulae Development LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formulae Development LLC 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Formulae Development LLC.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Formulae Development LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Formulae Development LLC salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formulae Development LLC

1. How much does a Formulae Development LLC employee make?

Formulae Development LLC pays its employees an average of $97,801 per year. The average salary at Formulae Development LLC range from $85,963 to $110,647 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. Which similar company tend to pay more or less than Formulae Development LLC?

The salary at Formulae Development LLC is lesser than the similar company. The average annual salary at Formulae Development LLC is $97,801, or an hourly wage of $47, in comparison to Velasco Law Office which pays $99,541 per year or $48 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Formulae Development LLC?

In many roles at Formulae Development LLC, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Jersey City affect the perceived value of a Formulae Development LLC salary?

Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). This significantly impacts the purchasing power of a salary from Formulae Development LLC based there. Our "Cost of Living Insights for Jersey City" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Formulae Development LLC typically offer employees?

Formulae Development LLC generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Formulae Development LLC" section on this page.