Formula.Monks Culture | Comparably
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Formula.Monks Claimed Company
We are an engineering and innovation firm. We solve complex business problems through optimization of process, technology, and culture. read more
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EMPLOYEE
PARTICIPANTS
466
TOTAL
RATINGS
14586
Updated on: July 24, 2024

Formula.Monks Company Culture

Formula.Monks Culture

This score is derived from employee ratings & reviews
Choice Employer
A+
4.9/5

Top Rated Culture Dimensions

CEO Rating
A+
Executive Team
A+
Happiness
A+
Leadership
A+
Manager
A+

Formula.Monks CEO

Top 5%Top 5% of Similar Size Companies on Comparably
Brady Brim-DeForest Formula.Monks' CEO
Brady Brim-DeForest
90 /100
See More

Diversity at Formula.Monks

Top 10%Top 10% of Similar Size Companies on Comparably
A

Diverse employees at Formula.Monks have rated Team, Executive Team, and Leadership as the highest categories they have scored

Women at Formula.Monks

Top 10%Top 10% of Similar Size Companies on Comparably
A

Women at Formula.Monks have rated Team, Executive Team, and Leadership as the highest categories they have scored

Formula.Monks eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 5%Top 5% of Similar Size Companies on Comparably

Recommend to a Friend?

74

Formula.Monks employees are 74% more likely to recommend Formula.Monks as a great place to work

78%Promoters
18%Passives
4%Detractors

Formula.Monks Company News

Load More News

Working at Formula.Monks

Working at Formula.Monks is rated highly by 466 employees, across various culture dimensions. Formula.Monks employees are most satisfied about CEO Rating, Executive Team, and Happiness categories, putting Formula.Monks’s culture in the Top 5% compared to similar sized companies on Comparably and in the Top 10% compared to other companies in Los Angeles. See below in detail how working at Formula.Monks was rated by employees.

Overall Company Culture at Formula.Monks

A+

Overall Company Culture at Formula.Monks is rated A+

Last updated months ago

Top
5%

Formula.Monks ranks in the Top 5% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score

Overall Company Culture Score by Department

This graph details how each department scores their Overall Company Culture

Results from 466 Employees

View Results
0
20
40
60
80
100
Finance
96
Finance96
Customer Success
92
Customer Success92
Business Dev
91
Business Dev91
HR
89
HR89
Operations
89
Operations89
Sales
89
Sales89
Engineering
85
Engineering85
Product
84
Product84
IT
83
IT83
Marketing
82
Marketing82
Admin
81
Admin81
Design
81
Design81

Formula.Monks Employee Reviews

Out of 1908 Formula.Monks employee reviews, 95% were positive. The remaining 5% were constructive reviews with the goal of helping Formula.Monks improve their work culture.

95%
5%
Positive Reviews95%
Constructive Feedback5%

Positive Reviews From Formula.Monks Employees

  • What is most positive about the culture and environment at your company?
    A great respect for Theorem employees happiness, both professionally and personally
Read More Positive Reviews

Constructive Feedback From Formula.Monks Employees

  • Why do you feel undervalued and what would make you feel better about your compensation?
    I don't think I'm uncommon in feeling confident when advocating for others, but timid or arrogant when advocating for myself. I don't want to be the one to start the "raise now?" conversation.
Read More Constructive Reviews

Formula.Monks Company Information

Formula.Monks Company Overview

We are an engineering and innovation firm. We solve complex business problems through optimization of process, technology, and culture.

Formula.Monks was founded in 2007 and its current CEO is Brady Brim-DeForest. Since its inception 19 years ago, Formula.Monks has grown to 1100 employees.

Formula.Monks Mission, Vision & Values

Formula.Monks Mission Statement

Inspire the world to embrace change, experimentation, and innovation as the status quo.

Formula.Monks Vision Statement

Monks is an innovation and engineering company that advises and partners with clients on product strategy, engineering, design, and culture to build and launch technology-driven solutions for their most complex problems. Formula.Monks is chosen by clients when results matter most — driving transformation that involves not only technology, but also people, process and leadership.

Formula.Monks Values

  • Real-time Feedback
  • Decentralized Leadership
  • Flexible Process
  • Distributed Collaboration
  • Continuous Improvement
  • Extreme Ownership
  • Quality Driven
  • Deep Listening
  • Relentlessly High Standards
  • Humility & Courage
Formula.Monks Mission, Vision & Values
Headquarter21550 Oxnard Street, 3rd Floor #11
Woodland Hills, CA 91367
United States of America
Websiteformulamonks.com
Founding Date2007
Tel888-969-2983
Company StatusPrivate
Jobswww.formula.co/careers
Social Sites
  • Theorem Company Retreat in Tuscany
  • What is working at Theorem actually like?
  • Culture Video
  • Theorem Retreat
  • The Theorem Team
12345678910

Formula.Monks Employees

Formula.Monks has 1100 employees. 466 employees at Formula.Monks have reviewed Formula.Monks across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 466 Formula.Monks employees give their leadership a grade of A+, or Top 5% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Formula.Monks are pleased with their total compensation at Formula.Monks, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Formula.Monks are extremely happy with their team. 466 Participants grade the quality of their coworkers an A+. The majority believe the meetings at Formula.Monks are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Formula.Monks believe the environment at Formula.Monks is positive. Most Participants believe the pace of work at Formula.Monks is comfortably fast. About 77% of the employees at Formula.Monks work 8 hours or less, while 2% of them have an extremely long day - longer than twelve hours.

Overall, the employees at Formula.Monks are extremely happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

A Day in the Life
A Day in the Life
Formula.Monks employees generally work 8.4 hrs a day
Work Hours
A Day in the Life
Employees at Formula.Monks report the work pace is comfortably fast
Work Pace
A Day in the Life
97% of Formula.Monks employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Formula.Monks employees most often take unlimited paid vacation and sick days each year
Perks & Benefits
A Day in the Life
92% of Formula.Monks employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Formula.Monks employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
98% of Formula.Monks employees call their work environment positive
Environment

Joining Formula.Monks - Employee Onboarding

The prevailing opinion from employees about joining Formula.Monks is that the company was prepared on their first day. Formula.Monks employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Formula.Monks Employee Onboarding

Formula.Monks KPIs and OKRs

Employees’ understanding of Formula.Monks' KPIs and OKRs is essential for its success. Out of 455 Formula.Monks employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 403 have said yes.

AnswerPercent
Yes89%
No11%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No100%
Are the KPIs/OKRs for your department clear?
Formula.Monks KPIs & OKRs

Formula.Monks CEO & Leadership

Brady Brim-DeForest Formula.Monks' CEO
90 /100

Formula.Monks CEO Awards and Recognitions

Best CEOs 2022 (Small & Midsize Companies)
Best CEOs for Diversity 2022 (Small & Midsize Companies)
Best CEOs 2021 (Small & Midsize Companies)
Best CEOs for Diversity 2021 (Small & Midsize Companies)
Best CEOs 2020 (Small & Midsize Companies)

Formula.Monks’s CEO Brady Brim-DeForest started in this role in 2016. Brady’s approval rate is in the Top 5% of all CEOs of similar-sized companies on Comparably, and in the Top 5% compared to the CEOs of all other companies in Los Angeles. With a high CEO score, Brady Brim-DeForest has won the Best CEOs in 2022. In addition, Brady has garnered Best CEOs for Diversity in 2022 specifically for Diversity, making Formula.Monks’s CEO one of the top rated CEOs by diverse employees. Formula.Monks’s CEO is highly regarded especially by employees in the Customer Success department, employees in the Finance department, and employees with 1 to 3 Years experience. However, Non-Binary employees, employees in the Admin department, and Asian or Pacific Islander employees have a less favorable view of the CEO and believe there is room for improvement. Compared to Formula.Monks’s competitors, Brady Brim-DeForest ranks right above Accenture CEO Julie Sweet. Under Brim-DeForest’s leadership, Formula.Monks employee respondents are most happy about their Executive Team and the company’s Happiness. Perks And Benefits and Compensation are two areas, according to respondents, where Formula.Monks could stand to see real improvement.

Formula.Monks Leadership

The Formula.Monks Executive Team is rated an “A+” and led by CEO Brady Brim-DeForest, Head of Topology Christopher Clark, and CFO, NAMER Michel Charlery

  • Brady Brim-DeForest CEO / President

    Brady Brim-DeForest CEO / President

    Brady Brim-DeForest is a serial entrepreneur, best-selling author, digital entertainment pioneer, and technologist with... read more

  • Christopher Clark Head of Topology

    Christopher Clark focuses deeply on how people interact and live daily with technology. Chris has used his passion for... read more

  • Michel Charlery CFO, NAMER

    Michel serves as Formula.Monks CFO, NAMER. He has extensive experience designing and operating financial systems and... read more

  • Lucas Nasif VP, PRG

    Lucas began his career as an engineering consultant, working with several startups both remote and on-site, including... read more

  • David Kullmann Chief Revenue Officer

    David Kullmann serves as the Chief Revenue Officer of Formula.Monks.

See More Executives

Explore Formula.Monks Leadership Team

Formula.Monks Salaries

How much does Formula.Monks pay?

How much do people at Formula.Monks get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Formula.Monks is $103,480, or $49 per hour, while the estimated median salary is $108,261, or $52 per hour.

At Formula.Monks, the highest paid job is a Group Engineering Manager at $205,562 annually and the lowest is a Bookkeeper at $45,132 annually. Average Formula.Monks salaries by department include: Product at $156,536, HR at $108,278, IT at $103,761, and Business Development at $99,524. Half of Formula.Monks salaries are above $108,261.

463 employees at Formula.Monks rank their Compensation in the Top 15% of similar sized companies in the US (based on 1190 ratings) while 463 employees at Formula.Monks rank their Perks And Benefits in the Top 25% of similar sized companies in the US (based on 934 ratings).

Salaries contributed from Formula.Monks employees include job titles like Lead Engineer, Architect, and Senior Developer. Comparably data has a total of 0 salary records from Formula.Monks employees.

Last updated months ago.

1st Percentile
$67k
$67k1st Percentile
17th Percentile
$92k
$92k17th Percentile
33rd Percentile
$117k
$117k33rd Percentile
50th Percentile
$168k
$168k50th Percentile
67th Percentile
$225k
$225k67th Percentile
83rd Percentile
$239k
$239k83rd Percentile
100th Percentile
$281k
$281k100th Percentile
$103,480*
Average Compensation
$108,261*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Formula.Monks Salaries by Department

Explore Formula.Monks Salaries

Diversity & Inclusion at Formula.Monks

Diverse employees at Formula.Monks score the company 84/100 across various culture categories, placing Formula.Monks in the Top 10% of companies on Comparably with 1,001-5,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Formula.Monks across various culture dimensions.

Our differences make us stronger. Diversity, Equity, Inclusion, and Accessibility (DEIA) makes our organization stronger, our people happier, and our future more certain.,

Ranked Culture the Highest

Women 95/100
Department - Sales
Men 93/100
Department - Operations
Diverse Employees 95/100
Department - Business Development

Ranked Culture the Lowest

Women 82/100
Department - Design
Men 81/100
Department - Marketing
Diverse Employees 77/100
Department - Design
Explore Formula.Monks Diversity & Inclusion

Formula.Monks Perks & Benefits

Life Insurance Each employee receives company-paid life insurance with the option to purchase more. Remote-Work We are a remote first organization. Results count, location doesn’t. We work from anywhere and everywhere.

Health & Wellness

  • Dental Insurance
  • Vision Insurance
  • Health Insurance
  • Life Insurance
  • Gym Membership / Reimbursement

Paid Time Off

  • PTO / Vacation Policy
  • Paid Holidays
  • Maternity / Paternity Leave

Financial Benefits

  • 401K / Retirement Plan
  • Performance Bonus
  • Tuition Reimbursement

Office Perks

  • Company Social Outings
  • Legal Assistance
  • Work From Home Policy
  • Unique Office Space
Explore Formula.Monks Perks and Benefits

Formula.Monks PTO

Formula.Monks' PTO and Vacation policy typically gives unlimited days off a year. Paid Time Off is Formula.Monks' 2nd most important benefit besides Healthcare when ranked by employees, with 33% of employees saying it is the most important benefit. Formula.Monks' benefits and PTO Package averages to represent a less than $500 cash value per month.

AnswerPercent
Flex Time67%
Vacation Policy33%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No100%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo8%
$1500 - $2500/mo12%
$1000 -$1500/mo29%
$500 -$1000/mo22%
Less than $500/mo29%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Formula.Monks PTO Policy

Formula.Monks Careers

Formula.Monks Jobs

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H1B Visa

In 2019, Formula.Monks applied for 2 H1B visas. Of the work permits applied for, 100% were approved.

Work Permit Application Outcome

Formula.Monks has a total of 1100 employees

2
Total Applied
  • 100% Granted (2 out of 2)
  • 0% Denied ( out of 2)
  • 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 2)
  • 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 2)

This data was calculated using publicly sourced data from OFLC Performance Data

Let Formula.Monks Know You Want To Work There

Overview of Candidates Interested in Formula.Monks on Comparably

Candidates By Department

All Industries
44%
Executive
19%
Engineering
13%
Product
13%
Operations
6%
Other
6%

Candidates By Location

Los Angeles
63%
Glendale
6%
New York City
6%
Oakdale
6%
Other
19%

Frequently Asked Questions regarding Formula.Monks

What is Formula.Monks address?

Formula.Monks location is at 21550 Oxnard Street, 3rd Floor #11

Who is the CEO of Formula.Monks?

Formula.Monks CEO is Brady Brim-DeForest, their score by employees is 90

What are the salaries in Formula.Monks

The average salary for employees in Formula.Monks is 103480$

What is Formula.Monks eNPS?

The eNPS for Formula.Monks is 74

What is Formula.Monks revenue?

Formula.Monks revenue is $170M

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