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Formula demographics summary. Zippia estimates demographics and statistics for Formula by using a database of 30 million profiles. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Formula has 350 employees.
  • 47% of Formula employees are women, while 53% are men.
  • The most common ethnicity at Formula is White (59%).
  • 18% of Formula employees are Hispanic or Latino.
  • 10% of Formula employees are Black or African American.
  • The average employee at Formula makes $48,936 per year.
  • Employees at Formula stay with the company for 3.6 years on average.
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Number of employees
350
Company number of employees
Gender
Male - 53%
Female - 46%
Company gender
Race
White - 58%
Hispanic or Latino - 18%
Company gender

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Formula employee diversity statistics

  • 47% of Formula employees are female.
  • 59% of Formula employees are white.
9.2
Diversity score
We calculate the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.
Formula CEOMichael Oquendo
Industry-
Company typePrivate
Formula employees who are women47%
Formula executives who are women-
Formula employees who are minorities41%
Formula executives who are minorities-
Most common minority at FormulaHispanic or Latino
Most common foreign languageSpanish

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Gender ratio

Male

53.3 %

Female

46.7 %

Ethnicity

White

59.1 %

Hispanic or Latino

18.4 %

Black or African American

10.0 %

Foreign languages spoken

Spanish

62.2 %

Portuguese

8.1 %

French

8.1 %
Work at Formula?
Share your experience
Number of employees
350
Company number of employees
Gender
Male - 53%
Female - 46%
Company gender
Race
White - 58%
Hispanic or Latino - 18%
Company gender

Jobs from similar companies

Do you work at Formula?

Does Formula actively promote diversity and inclusion?

Formula employees education

  • The most common highest degree level of Formula employees is bachelors, with 66% of employees having at least a bachelors.
  • The most common major among Formula employees is business. 16% of Formula employees majored in business.

Schools of Formula employees

San Diego State University

12.3 %

Arizona State University

10.5 %

Loyola Marymount University

7.0 %

Majors of Formula employees

Business

15.7 %

Communication

15.7 %

Marketing

6.7 %

Degrees of Formula employees

Bachelors

66.0 %

High School Diploma

10.8 %

Associate

8.8 %

Formula demographics by department

  • Formula is a male-dominated company. 53% of Formula employees are male and 47% of Formula employees are female.
  • The most common race/ethnicity at Formula is White. 59% of employees at Formula are White.

Formula gender ratio

GenderPercentages
Male26.2%
Female73.8%
  • Male, 26.2%
  • Female, 73.8%

Racial distribution at Formula

RacePercentages
White56.5%
Hispanic or Latino22.4%
Black or African American9.4%
Asian8.2%
Unknown3.5%
  • White, 56.5%
  • Hispanic or Latino, 22.4%
  • Black or African American, 9.4%
  • Asian, 8.2%
  • Unknown, 3.5%

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What is the average age of Formula employees?

  • The most common age range of Formula employees is 20-30 years. 57% of Formula employees are between the ages of 20-30 years.
  • The least common age range of Formula employees is less than 18 years. 2% of Formula employees are between the ages of less than 18 years.

Less than 18 years

18-20 years

20-30 years

30-40 years

40+ years

Formula employee average age

Employees agePercentages
Less than 18 years2%
18-20 years10%
20-30 years56%
30-40 years21%
40+ years8%

What is the average length of employment at Formula?

  • A plurality of employees at Formula stay for 1-2 years. 35% of Formula employees stay at the company for 1-2 years.
  • It's rare for an employee to stay with Formula for 8-10 years. Only 8% of Formula employees stay at the company for 8-10 years.

Less than one year

1-2 years

3-4 years

5-7 years

8-10 years

11+ years

Formula employees' length of employment

Number or YearsPercentages
Less than one year27%
1-2 years35%
3-4 years13%
5-7 years8%
8-10 years8%
11+ years9%

Formula salary range

  • A plurality of employees at Formula earns $25k-40k. 38% of employees earn a salary of $25k-40k a year.
  • The least common salary at Formula is <$25k. Only 6% of Formula employees earn a salary of <$25k a year.

Formula competitor salary comparison

<$25k

5.5 %

$25k-40k

37.8 %

$40k-60k

33.1 %

$60k-100k

18.1 %

$100k-200k

5.5 %

>$200k

0.0 %

Formula job listings by salary range

Salary rangeFormula
<$25k7 jobs-
$25k-40k48 jobs-
$40k-60k42 jobs-
$60k-100k23 jobs-
$100k-200k7 jobs-
>$200k0 jobs-

Formula demographics FAQs

How many employees does Formula have?

Formula has 350 employees.

Zippia gives an in-depth look into the details of Formula, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Formula. The employee data is based on information from people who have self-reported their past or current employments at Formula. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Formula. The data presented on this page does not represent the view of Formula and its employees or that of Zippia.

Formula may also be known as or be related to Formula, Formula Boats, Formula, Inc and Formula, Inc.