Formula Systems Salary

Formula Systems Salary

How much does the Formula Systems Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of July 2026, the average hourly salary for employees at Formula Systems in the United States is $55. This translates to an approximate annual wage of $113,465. Salaries at Formula Systems typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company. Formula Systems’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 accurate does the salary look to you?

Current Job Openings at Formula Systems

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

Is Formula Systems’s Pay Competitive? Salary Benchmarking Analysis

How does Formula Systems’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
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Formula Systems
Software & Networking
DRPU Software Pvt Ltd
Zensoft IO Inc
Industry Comparison
Our data shows that, on average, compensation at Formula Systems is below the average for the U.S. Software & Networking industry by approximately 11%. 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 Systems average annual salary with several similar companies. Formula Systems average salary of $113,465 is lower than DRPU Software Pvt Ltd, which has an average salary of $125,257. It is lower than Zensoft IO Inc, with their average salary at $124,002. This places Formula Systems 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.

Companies Similar to Formula Systems and Their Hourly Pay Rates

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

Employee Reviews: Working at Formula Systems

Considering a career at Formula Systems? 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.
Overall, it’s a great place to build a long-term career with a team that feels like family. The company invests in employee development, offering regular training and promotions. The job is steady, and the company follows fair policies. I’ve grown professionally since joining and enjoy the positive atmosphere.
Commented in May 30, 2025
40
3
The company maintains a professional work setting. The benefits package is impressive, and the company truly cares about its employees. The work culture is inclusive, and leadership is transparent. The workplace is efficient, and tasks are well-distributed. Relaxed dress code and modern workspace. The day-to-day operations run smoothly, and expectations are clear. Overall, I’d highly recommend thi...
Commented in January 14, 2025
13
1
Company cares about staff. The employee discount is generous, and the team atmosphere is positive. Managers listen to feedback and act on it. Management is approachable, and there are plenty of growth opportunities.
Commented in January 31, 2024
9
3

Formula Systems Overview

Website
www.hokvenue.com
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Software & Networking
Headquarter Address
24422 Avenida De La Carlota Laguna Hills California CA 92653
Revenue
$10 Million - $50 Million
Phone Number
+1 9492501718
Social Media
About Formula Systems
Formula Systems is a company that operates in the Information Technology and Services industry. It employs 101-250 people and has $25M-$50M of revenue. The company is headquartered in Laguna Hills, California.

What Benefits Does Formula Systems Offer Beyond Salary?

A competitive compensation package is more than just a salary. Formula Systems 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)
Work at Formula Systems?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Irvine?

Understanding the cost of living near Irvine is key to truly evaluating a salary offer or your current compensation at Formula Systems.
Irvine's Cost of Living Index is approximately 186.9 (86.9% more expensive than US average; 33.7% more than CA average). Very affluent Orange County city, extremely high housing costs, excellent schools, and high quality of life drive up all expenses. When planning your budget based on a salary from Formula Systems, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,700 - $4,000+ A significant portion of Formula Systems salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $69 (OCTA monthly pass) 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 $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,329 - $6,699+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Formula Systems

1. How much does a Formula Systems employee make?

Formula Systems pays its employees an average of $55 per hour. The average salary at Formula Systems range from $48 to $62 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 Systems?

The salary at Formula Systems is lesser than the similar company. The average annual salary at Formula Systems is $113,465, or an hourly wage of $55, in comparison to DRPU Software Pvt Ltd which pays $125,257 per year or $60 per hour.

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

In many roles at Formula Systems, 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 Irvine affect the perceived value of a Formula Systems salary?

Irvine's Cost of Living Index is approximately 186.9 (86.9% more expensive than US average; 33.7% more than CA average). This significantly impacts the purchasing power of a salary from Formula Systems based there. Our "Cost of Living Insights for Irvine" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Formula Systems typically offer employees?

Formula Systems 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 Systems" section on this page.

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