Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Formula salaries
Formula salary estimate
$48,936yearly
Understanding Salary Estimates at Formula
The average annual salary at Formula is $48,936, reflecting the company's commitment to competitive compensation. Salaries can vary based on factors such as location, department, and job level. For instance, employees in leadership roles typically earn more than those in entry-level positions.
Highest Paying Jobs
Among the highest paying positions at Formula are roles in engineering and management, with salaries exceeding $70,000. Additionally, marketing and IT departments often see competitive salaries due to high demand for these skills.
Salary by Location
Location significantly influences salary ranges. For example, employees based in metropolitan areas generally earn higher salaries compared to those in rural settings. Understanding these variations can guide prospective employees in negotiating their salaries effectively.
Highest paying jobs at Formula
The highest paying jobs at Formula are chief engineer, technical consultant, design, development, and java developer. Chief engineer jobs at Formula earn an average yearly salary of $107,642, Formula technical consultant jobs average $103,296, and Formula design, development jobs average $94,515.
The lowest paying Formula roles include cashier and public relations internship. Formula cashier average salary is $28,053 per year. So while the average Formula salary is $48,936 there is a big variation in pay depending on the role.
Highest paying jobs at Formula
| Rank | Job title | Average Formula salary | Hourly rate |
|---|---|---|---|
| 1 | Chief Engineer | $107,642 | $51.75 |
| 2 | Technical Consultant | $103,296 | $49.66 |
| 3 | Design, Development | $94,515 | $45.44 |
| 4 | Java Developer | $91,129 | $43.81 |
| 5 | Director Of Sales | $88,925 | $42.75 |
| 6 | Senior Design Project | $86,901 | $41.78 |
| 7 | Web Application Developer | $86,885 | $41.77 |
| 8 | Media Executive | $79,687 | $38.31 |
| 9 | Senior Technical Recruiter | $73,118 | $35.15 |
| 10 | Account Executive | $70,238 | $33.77 |
| 11 | Field Manager | $64,594 | $31.05 |
| 12 | Sales Consultant | $58,442 | $28.10 |
| 13 | Music Publicist | $57,590 | $27.69 |
| 14 | Environmental Analyst | $53,603 | $25.77 |
| 15 | Graphic Designer | $53,579 | $25.76 |
| 16 | Market Research Analyst | $52,491 | $25.24 |
| 17 | Team Leader | $50,268 | $24.17 |
| 18 | Marketing Representative | $49,583 | $23.84 |
| 19 | Office Manager | $47,905 | $23.03 |
| 20 | Mechanic | $45,949 | $22.09 |
Rate Formula's fairness in compensating employees.
How much does Formula pay by location?
Highest paying Formula locations
| Rank | Location | Average Formula salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $60,324 | $29.00 |
| 2 | Auburn, WA | $59,322 | $28.52 |
| 3 | Bethesda, MD | $53,202 | $25.58 |
Do you work at Formula?
Were you satisfied with Formula's salary and benefits?
Formula salaries by department
Salaries at Formula vary depending on the department you work in. Formula salaries in the corporate management department are the highest with an average salary of $95,844. Employees in the engineering department at Formula receive relatively high salaries as well, with an average salary of $88,451 per year. Departments that don't pay as well at Formula include the hospitality/service and the warehouse organizational functions, with employees earning average salaries of $33,887 and $35,412, respectively.
Average Formula salary by department
| Rank | Department | Average Formula salary | Hourly rate |
|---|---|---|---|
| 1 | Corporate Management | $95,844 | $46.08 |
| 2 | Engineering | $88,451 | $42.52 |
| 3 | Business Development | $79,412 | $38.18 |
| 4 | Human Resources | $63,493 | $30.53 |
| 5 | Research & Development | $62,443 | $30.02 |
| 6 | Art/Design | $60,482 | $29.08 |
| 7 | Sales | $58,845 | $28.29 |
| 8 | Non Profit/Government | $49,822 | $23.95 |
| 9 | Retail | $48,256 | $23.20 |
| 10 | Construction | $47,300 | $22.74 |
| 11 | Marketing | $43,440 | $20.88 |
| 12 | Customer Service | $43,082 | $20.71 |
| 13 | Administrative | $40,029 | $19.24 |
| 14 | Plant/Manufacturing | $39,644 | $19.06 |
| 15 | Facilities | $39,643 | $19.06 |
| 16 | Warehouse | $35,413 | $17.03 |
| 17 | Hospitality/Service | $33,887 | $16.29 |
How much does Formula pay by department?
Best paying Formula marketing salaries
| Rank | Position | Average Formula salary | Hourly rate |
|---|---|---|---|
| 1 | Media Executive | $79,687 | $38.31 |
| 2 | Music Publicist | $57,590 | $27.69 |
| 3 | Marketing Representative | $49,583 | $23.84 |
| 4 | Tour Manager | $49,560 | $23.83 |
| 5 | Media Coordinator | $48,474 | $23.30 |
| 6 | Event Manager | $47,226 | $22.70 |
| 7 | Public Relations Assistant | $43,399 | $20.86 |
| 8 | Promotional Model | $39,284 | $18.89 |
| 9 | Brand Ambassador | $38,936 | $18.72 |
| 10 | Event Coordinator | $36,205 | $17.41 |
| 11 | Brand Representative | $35,471 | $17.05 |
| 12 | Marketing Internship | $29,595 | $14.23 |
| 13 | Public Relations Internship | $28,855 | $13.87 |
Best paying Formula administrative salaries
| Rank | Position | Average Formula salary | Hourly rate |
|---|---|---|---|
| 1 | Office Manager | $47,905 | $23.03 |
| 2 | Personal Assistant | $41,880 | $20.13 |
| 3 | Administrative Assistant | $37,069 | $17.82 |
| 4 | Clerk | $31,616 | $15.20 |
| 5 | Front Desk Receptionist | $30,451 | $14.64 |
| 6 | Office Helper | $30,008 | $14.43 |
Best paying Formula sales salaries
| Rank | Position | Average Formula salary | Hourly rate |
|---|---|---|---|
| 1 | Market Manager | $79,046 | $38.00 |
| 2 | Sales Manager | $78,318 | $37.65 |
| 3 | Account Executive | $70,238 | $33.77 |
| 4 | Sales Consultant | $58,442 | $28.10 |
| 5 | Account Coordinator | $44,662 | $21.47 |
| 6 | Brand Specialist | $43,676 | $21.00 |
Frequently asked questions about Formula salaries
Search for jobs
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.