Formula 3 Solutions Ltd Salary

How much does the Formula 3 Solutions Ltd Pay for employees?

As of July 2026, the average hourly salary for employees at Formula 3 Solutions Ltd in the United States is $53. This translates to an approximate annual wage of $109,309. Salaries at Formula 3 Solutions Ltd typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company. Formula 3 Solutions Ltd’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 3 Solutions Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Formula 3 Solutions Ltd. 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 Formula 3 Solutions Ltd

Ready for your next career move? Explore current job openings at Formula 3 Solutions Ltd. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Formula 3 Solutions Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Formula 3 Solutions Ltd’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
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Average Salary ($/year)
Formula 3 Solutions Ltd
Business Services
Ausimont
THRI - TEC Corp
Industry Comparison
Our data shows that, on average, compensation at Formula 3 Solutions Ltd is below the average for the U.S. Business Services industry by approximately 10%. 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 3 Solutions Ltd average annual salary with several similar companies. Formula 3 Solutions Ltd average salary of $109,309 is higher than Ausimont, which has an average salary of $98,297. It is higher than THRI - TEC Corp, with their average salary at $93,919. This places Formula 3 Solutions Ltd 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.

Employee Reviews: Working at Formula 3 Solutions Ltd

Considering a career at Formula 3 Solutions Ltd? 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.
Benefits are average, and while the workload is balanced, the career growth path isn’t always clear. Fair treatment and inspiring managers. It was a generous acknowledgment of our hard work and the company's success. Communication is average, and overall, it’s a calm, neutral workplace. Teams communicate well, using modern tools and inclusive practices. It makes you feel respected and that your vo...
It’s a great place to develop skills while contributing to meaningful client outcomes. I feel secure in my role here. I've worked here for over a year, and while it’s been a stable experience, I haven’t felt particularly inspired. This commitment to excellence is a core part of the company’s identity and a key reason for our success.
Great employees, they maintain personal relationships. Supportive colleagues and a decent benefits package, though nothing stands out. Whether it’s a major project launch or a work anniversary, management takes the time to acknowledge our achievements. Mixed impressions. It feels like a true partnership working towards common goals for our clients.

Formula 3 Solutions Ltd Overview

Website
www.formula3solutions.com
Founded In
2008
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
1270 Beverley Rd Brooklyn New York NY 11226
Revenue
$5 Million - $10 Million
Phone Number
+233 303941510
Social Media
About Formula 3 Solutions Ltd
Formula 3 Solutions is a Premier Information Technology company with a focused approach on delivering quality services. The company has made inroads in the field of customized solutions for the Travel & Tourism domain, ERP Implementation and Support, IT Outsourcing, Networking, Infrastructure Management, Custom Application Development, IT consulting and E-Commerce Solutions. The company is promote

What Benefits Does Formula 3 Solutions Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula 3 Solutions Ltd 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 Formula 3 Solutions Ltd.
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 Formula 3 Solutions Ltd, 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 Formula 3 Solutions Ltd 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 Formula 3 Solutions Ltd

1. How much does a Formula 3 Solutions Ltd employee make?

Formula 3 Solutions Ltd pays its employees an average of $53 per hour. The average salary at Formula 3 Solutions Ltd range from $46 to $59 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. Which similar company tend to pay more or less than Formula 3 Solutions Ltd?

The salary at Formula 3 Solutions Ltd is higher than the similar company. The average annual salary at Formula 3 Solutions Ltd is $109,309, or an hourly wage of $53, in comparison to Ausimont which pays $98,297 per year or $47 per hour.

3. How much does a Chief Financial Officer typically earn at Formula 3 Solutions Ltd?

A Chief Financial Officer at Formula 3 Solutions Ltd typically earns an average hourly base salary of around $212, with a general range of $163 to $266.

4. Do employees with advanced degrees (Master's, PhD) earn more at Formula 3 Solutions Ltd?

In many roles at Formula 3 Solutions Ltd, 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.

5. How does the cost of living near Brooklyn affect the perceived value of a Formula 3 Solutions Ltd salary?

Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. This significantly impacts the purchasing power of a salary from Formula 3 Solutions Ltd based there. Our "Cost of Living Insights for Brooklyn" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Formula 3 Solutions Ltd typically offer employees?

Formula 3 Solutions Ltd 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 Formula 3 Solutions Ltd" section on this page.