Formlabs Compensation Employee Reviews | Comparably
Formlabs Claimed Company
Formlabs develops high resolution, low cost 3D printers for designers, engineers, and other creators. read more
EMPLOYEE
PARTICIPANTS
45
TOTAL
RATINGS
542
HR or Marketing? Claim Your Free Employer Account

Formlabs Compensation Employee Reviews

What is the best part about your compensation package?

Salary based with PTO as an Intern

Stock is nice, and the employer-paid portion of the benefits is very generous.

Comp. is all-around excellent. All employees have equity, which is reflected in how much everyone cares about the company. All the standard stuff (health, vision, etc.), plus premiums paid; lunches; incentives to take a bike/public transit to work; unlimited 3D printing!

Fully covered health, vision and dental for individual employees

Why do you feel undervalued and what would make you feel better about your compensation?

Pay is low for the boston area - they are trying to catch up, but it creates inequity. I recently discovered that I was making less than a much more recent hire with significantly less experience on my team. Annual reviews try to address this, but it's incredibly slow.

Compensation is well below average market value and is not re-evaluated frequently enough to keep up with the speed of personal growth.

Review Sentiment at Formlabs

93
93%
7
7%

About Formlabs' Compensation

D
57/100

Where This Score Ranks Formlabs' Compensation

BOTTOM
20%

In the Bottom 20% of 1941 similar size companies on Comparably

BOTTOM
20%

In the Bottom 20% of 255 companies in Boston

3rd

3rd place versus 2 competitors rated on Comparably

25 employees at Formlabs score their wages and compensation a D on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 44% say Yes. The Marketing department is the most satisfied with their compensation, ranking it 100/100, a full 42 pts above the Engineering department. If you want detailed data about Formlabs' wages, see the <a href="https://www.comparably.com/companies/formlabs/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - Marketing
    +43%
  • Experience - 3 to 6 Years
    +19%
  • Department - HR
    +18%

Rate Compensation the Lowest

  • Tenure - 2 to 5 Years
    -2%
  • Department - Engineering
    +1%
  • Experience - 1 to 3 Years
    +2%

How Formlabs' Compensation Score is Calculated

FILTER RATINGS BY

Results from 25 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes44%
No56%
Do you believe you're paid fairly?
AnswerPercent
Yes70%
No30%
Are you satisfied with your Benefits?
AnswerPercent
Yes0%
No100%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year80%
Every 2 years0%
Every 3 years or more0%
Never20%
How often do you get a raise?
×
Rate your company