Median pay is highest in Minneapolis ($75K per year), followed by San Angelo ($54K), Fargo (approximately $48K), and Lubbock (around $47K). Grand Rapids is near the bottom for pay at $32K. By state, the highest pay levels are found in Minnesota, where the average TMI Hospitality employee makes about $50K annually.
Years of Experience
For those with five to nine years of experience, average earnings amount to approximately $40K. The greater proportion of employees (41 percent) report one to four years of experience and bring home $44K per year.
Hotel General Managers earn the highest median pay at around $45K, followed by Area Sales Managers (about $40K) and Assistant Hotel General Managers ($34K).
Certifications and Degrees
Those lacking certification bring in much lower salaries than General Management Certificate Holders, who make $48K. Acquiring certification to be a Certified ServSafe Food Handler is rewarded at about $38K annually. TMI Hospitality compensates Bachelor's Degree-holders the most at around $46K per year.
Employees who count Customer Relationship Management among their skills tend to enjoy higher pay; the median for this group is $45K. Customer Service is a popular skill in the TMI Hospitality workforce; over a third of those surveyed report putting it to use in their jobs. A typical employee's toolkit also contains Human Resources, Operations Management, and Accounting.
Benefits and Perks
One-half of workers plan for retirement by taking advantage of the company-sponsored 401(k) program. Most workers report having health insurance, and a majority of workers report having dental coverage. The list of perks also includes life insurance, a company cell phone, private medical insurance (pmi), and a stock purchase plan.