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 hourly salary for employees at Formose Industries in the United States is $54. This translates to an approximate annual wage of $112,484. Salaries at Formose Industries typically range from $48 to $61 hourly, 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 hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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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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Companies Similar to Formose Industries and Their Hourly Pay Rates

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
10
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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
17
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. What is the typical salary range (low to high) for most roles at Formose Industries?

The typical salary range for most roles at Formose Industries is approximately from $48 to $61 per hour. 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 Formose Industries pay compared to Jarv Mobile Inc?

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 does experience level affect salary at Formose Industries?

Experience level is a significant factor in determining salary at Formose Industries, 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. How can I determine if a salary offer from Formose Industries in Brooklyn is fair given the local cost of living?

To determine if a salary offer from Formose Industries in Brooklyn is fair, first compare the gross salary to our data for similar roles at Formose Industries and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Brooklyn" to understand its purchasing power.

5. What factors influence salary increases at Formose Industries?

Salary increases at Formose Industries 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.

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