The Rewards of Hotel and Restaurant Management Jobs
The Rewards of Hotel and Restaurant Management Jobs
In the hotel and restaurant industry, as with other industries, management's earnings are at the top of the pay scale. The daily demands can be fierce, but for people with a passion for the business, it can pay off in both job satisfaction as well as a good salary.
Besides your paycheck, there are a number of benefits that come with hotel and restaurant management jobs. Managers often earn bonuses of up to 50 percent of their basic salary, and they may receive free or discounted meals, rooms, parking or other services. In addition, you may be eligible for benefits such as profit-sharing, retirement plans or tuition reimbursement.
Of course, when you're considering your future earning potential in the hotel and restaurant management fields, keep in mind that several factors play into your compensation. For instance, the following kinds of things may affect how much you will earn:
- Where you live
- How many years of experience you have
- Your education level
- What kind of job you're looking for within the hospitality industry
- What type of company you work for
With so many factors in play, it can be difficult predict your salary. However, the table below will give you a general idea of what to expect from hotel and restaurant management salaries:*
| Job Title | Years Experience | Salary Range for Middle 50% |
| Assistant Restaurant Manager | 2 – 4 years | $31,811 – 45,088 |
| Restaurant Manager | 4 – 6 years | $38,533 – 56,491 |
| Hotel Manager | 7 years | $68,000 – 124,756 |
Start Earning a Hotel and Restaurant Management Salary
The first step toward a hotel and restaurant management career is to get the training you'll need to succeed in the business. Find a school that fits your goals and lifestyle, and enroll in a hotel and restaurant management degree program today.
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*Based on HR data as reported to Salary.com in March, 2010.