When it comes to location, the highest average paycheck (approximately $94K annually) can be spotted in Chicago, Ill.; Pittsburgh, Pa. (around $85K), San Francisco, Calif. ($63K), and Boston, Mass. ($52K) are the next top-paying cities. Approaching the lower end of the pay scale (at $45K) is Los Angeles, Calif. Fairmont Hotels and Resorts workers in Hawaii earn the most — about $86K per year on average.
Earning approximately $85K annually on average, Financial Controllers receive the most money, followed by Directors of Revenue Management (about $80K), Conference Services Managers ($55K), and Assistant Front Office Managers (around $44K).
Years of Experience
For those with one to four years of experience, median paychecks reach $54K per year. For those with five to nine years of experience, average earnings amount to $48K annually. The greater proportion of employees (33 percent) report 10-19 years of experience and bring home median pay of around $83K per year.
Certifications and Degrees
Being a Certified ServSafe Food Handler certainly has its perks — salaries approach $84K annually and far exceed the paychecks of those without certification. On average, salaries rise to approximately $60K per year for accredited Certified Meeting Professionals. The best paid folks at Fairmont Hotels and Resorts have a Bachelor of Science in Hospitality Management, earning $52K annually.
Employees who count Customer Relationship Management among their skills enjoy higher pay; the median for this group is $96K per year. Operations Management also popped up often in the survey as an important skill; nearly two in five of employees surveyed report using it at work. Customer Service, People Management, and Budgeting round out the set of key employee skills.
Benefits and Perks
As part of compensation, Fairmont Hotels and Resorts gives paid vacation to one in four survey participants and paid sick leave to 35 percent. The larger part of respondents report contributing to a 401(k). Health insurance comes as part of the deal for most survey participants, and most employees report receiving dental coverage as well. Privileges also include a subsidized cell phone, tuition reimbursement, free drinks, and life insurance.