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How much would you think is a fair salary?
Serious answers only.
If you were the General Manager of a 63-room motel that pulls in revenue of about $550,000 per year, you were responsible for hiring both front desk and housekeeping, were on call 24/7 and responsbile for covering any shifts where the clerk called off, had to order supplies and do about 25 different reports a month how much would you expect as a fair salary.
Also asume you have been doing that job for 2.5 years. What weekly salary would you expect?
It would be Milan, Ohio which is near Sandusky, OH (Home of Cedar Point Amusement Park). You can find a decent 1 person studio apartment for around $400 per month or a crappy one for around $325.
For 2005 the inn in question had gross revenue of $535,883.38
For 2004 it was $590,633.74
For 2003 it was $638,469.38
The decrease is directly attributable to market conditions such as decreased manufacturing jobs, increased fuel costs and increased available rooms (three large inns opened in that time and one independent became a franchise Quality Inn).
I worked for 1.5 years at a different location owned by the same company and also .5 of a year at a third property that the same company owns.
I've received corporate training (we're a franchise) and our inn was selected runner up franchisee of the year for the year 2004 (awarded in 2005) which was my first full year in which I lowered our complaint ration from 14.5 per 10,000 rooms sold to 4.3 per 10,000 per rooms sold.
My housekeeping cost per room is always under $4.50 per room ($6.50 is the highest you can have and still get a housekeeping bonus, though I consider anything over $5 to be bad).
I also usually save about 5% of budgeted hours during the off season and about 15% during the busy season.
I do not receive benefits, there is no 401(k), and not even the option for health care (though if it were an option I realize I would have to contribute).
My current salary is $325 per week and I have a "bonus" structure that comes out to about $9k per year.
I do not live on property, I have my own place and I have to pay for my meals.
8 Answers
- SharinganLv 61 decade agoFavorite Answer
I have to agree that without knowing your geographic location this is hard to answer. $550,000 is not that much money, and 63 rooms is not very big.
But, with the info you have provided I will say $450-500/week. If no benefits are provided, adjust up by $50/week.
Given the new info, I would think you are underpaid.
- jdscorruptedLv 51 decade ago
550k is not a huge revenue first off. Your location would also make a big difference in your pay rate. Your job description sounds about right for a normal general manager. It doesn't sound as if you're doing more than what should be expected of one. While 2 1/2 years of experience is good, it is not 10 years. Did you have any background in the hotel business before you began being a General Manager? Working your way up in the same hotel says a lot more for you than if you were just there for 2 1/2 years.
Depending on your location I would say around 30k-45k a year would be a salary you should expect.
- 1 decade ago
Where you live is key. $550,000 in revenue is not much at all as well. Are you sure that number is correct? Going off very little information, especially your location, around $35,000/year sounds about right. I'm sure someone will correct me if I'm wrong. :)
UPDATE: Looks like, after bonus, you make ~24K/year. Considering the company has stiff competition and the trend seems to be down overall, it may be fair to say that you are making a "fair" amount of money. Cost of living seems very low. In LA, rent for a decent 1-bedroom is $1,200 or so, which would make your $425 a steal. No health insurance is a big minus, but you could try sites like ehealthinruance.com to get insurance at around $50/month. 401K is usually considered a bonus.
The revenue down 3 years in a row, stiff competition, and a downward trend in the state, leads me to think that asking for a raise would be a tough proposition. You have one "I quit" trump card at work... use it well. :)
- 1 decade ago
I would think that what you are making is not fair. According to you, your base salary is just under 17k per year. Based on my own experience and the description you have given, anything less than 30k base is less than you deserve especially considering that you don't recieve any benefits. One other thing to consider though, in a hotel that I worked at, the GM resided at the hotel and recieved his meals both free of charge. If that is the case, I would think around 24k per year would be reasonable.
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- Anonymous5 years ago
The answer depends upon the qualifications of the person that you hire. What is their education, skills, and work experience? Hiring a multi-lingual westerner with an MBA and several years of relevant work experience costs quite a bit more than hiring an 18-year-old semi-literate farmer who only speaks Chinese. Frankly, if you wish to initiate business in China then you really need to go there yourself. Sending a proxy to evaluate product quality and negotiate terms with a manufacturer is a high risk endeavor. You need to buy a plane ticket and go do the job yourself, unless you wish to risk a complete failure of your venture.
- Anonymous1 decade ago
I would say about $38,000-$42,000 a year. That is based on knowledge of my friends, who manage similar size opperations, salaries here in Morgantown, WV. But I do not know what the cost of living is where you are. Adjust accordingly.
