On the up
So what has been happening to hoteliers in the last 12 months regarding their wages?
For a start, it would appear that the dramatic increase in people earning less than US $3000 witnessed in the 2011 survey compared to the 2010 survey has made a U-turn. The percentage has fallen from 47.5% last year to 35.9% this year, almost returning to the 2010 level of 35.1%.
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This welcomed figure can be partially explained by the fact that 42.7% of our respondents had received a pay rise in the last six months with a further 13.7% having a pay rise six months to a year ago.
The average monthly wage for a GM ranged from $11,359 to $13,900 with a third of general managers responding that their wages were between $7500 and $10,500 a month. The average was brought up by the 39.4% of GMs who earn more than $10,500 a month and a lucky, but we are sure well deserving, 12.1% earning $15,000 to $30,000 a month.
The top-end average monthly wage for a general manager saw a $793 increase from last year.
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