FARO Technologies Claimed Company

Headquartered in Lake Mary, Florida, with over 25 offices around the world, FARO provides leading-edge measurement solutions, outstanding customer support and steady industry leadership. When PhD students Simon Raab and Greg Frasier launched FARO from a garage in 1981, they envisioned the start-up as a pioneer for 3D measurement and imaging that would provide precision technology to guide their customers to success. Fittingly, FARO isn’t just an acronym for Frasier and Raab Orthopedics, but a derivative of the ancient Greek word “pharos,” meaning lighthouse — a beacon for people seeking the path forward in both the literal and figurative sense. Today, FARO is proud to continue helping customers see further, realize their vision and successfully navigate through any rough tides that come their way. read more

EMPLOYEE PARTICIPANTS: 23

TOTAL RATINGS: 299

CEO: Michael Burger

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FARO Technologies Contracts Specialist Salary

The average FARO Technologies Contracts Specialist earns an estimated $81,328 annually. FARO Technologies' Contracts Specialist compensation is $3,817 less than the US average for a Contracts Specialist.

The Legal Department at FARO Technologies earns $10,561 more on average than the Product Department.

Last updated a year ago.

$36k

$50k

$63k

$77k

$118k

$160k

$200k

$81,328

Average Compensation

$81,328: avg. base

Contracts Specialist Salaries at FARO Technologies

Contracts Specialists earn $15,803 more than Paralegals, and $86,704 less than General Counsels.

Corporate Counsel

$185k*

General Counsel

$168k*

Paralegal

$66k*

* estimated salary

Compensation at FARO Technologies by Department

The Legal Department averages $10,561 more than the Product Department, and $39,502 less than the Enterprise Risk Department

Enterprise Risk

$184,410 Avg. total comp.

+$40k

Legal

$144,908 Avg. total comp.

Product

$134,347 Avg. total comp.

-$11k

Contracts Specialist Compensation by Gender (All Companies)

The average female Contracts Specialist at companies similar size to FARO Technologies reported making $110,595, while the average male Contracts Specialist at similar sized companies reported making $82,543.

Contracts Specialist Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Contracts Specialist at companies similar size to FARO Technologies reported making $130,000, while the average African American/Black Contracts Specialist at similar sized companies reported making $84,000.

How Contracts Specialists at FARO Technologies Rate Their Compensation

The majority of Contracts Specialists at FARO Technologies believe they're not compensated fairly. The majority (57%) of Contracts Specialists at FARO Technologies are satisfied with their benefits. See more compensation ratings at FARO Technologies

Do you believe you're paid fairly?

43% Yes

Does your company give annual bonuses?

0% Yes

Are you satisfied with your Benefits?

57% Yes

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