General Managers Make a Median Base Salary of $90,129 Including Bonuses, says Black Box Intelligence Report
The median hourly wage in limited-service restaurants was up 10% in the second quarter year-over-year, and up 6% among full-service line cooks, according to a Black Box Intelligence webinar. Hourly workers in limited-service restaurants made a median of $11 per hour in the second quarter, compared with $10.50 per hour during the first quarter this year, which at the time was a 4.1% increase year-over-year. Line cooks made an average of $15 per hour during the second quarter, up from $14.85 per hour during the first quarter. The data comes as part of a larger report released last month by Black Box looking at the industry’s labor crisis, which has caused turnover rates to climb significantly. Across the country, many restaurants have been able to open fully because they are having trouble finding staff, said Victor Fernandez, Black Box’s vice president of insights and knowledge. Turnover, which was already high before the pandemic started, is also costly. The per-person cost of a terminated employee is $14,689 for a general manager, $8,119 for a manager, and $1,869 for an hourly worker — with most of that cost going to training new workers. – Source: Restaurant Hospitality.