This post brought to you by National Restaurant Association Educational Foundation . The content and opinions expressed below are that of Jobacle.
Wouldn’t it be nice to start a job and get a raise within six months of starting? Entry-level restaurant employees experience just that! Despite the country’s economic woes of the past few years, approximately 70% of managers and shift/crew supervisors within the restaurant industry have received a raise within the past year. That’s more than most workers can claim.
One deterrent to some folks is the fact that many restaurant jobs start as an hourly wage. However, it is important to note that a majority (57%) of restaurant employees are salaried – many making the leap from hourly to weekly rather quickly. It also should be noted that the average restaurant worker makes over $16 an hour once you factor in tips.
Since 2005, one of the most consistent complaints I’ve heard from readers is that their jobs lack advancement. Feeling stagnate in a position, quickly turns into frustration and anger. According to the infographic below, the restaurant industry boasts serious advancement. Additionally, competitive wages make the industry attractive. Chefs and cooks make a median base salary of $50,000, while restaurant managers make a median base salary or $47,000. Not too shabby!
So when is the best time to jump into the restaurant industry if you are pursing a stable and rewarding career? Well 86% of workers ages 25 to 34 advance to a higher paying job, so if you fall into that group, you can be well on your way to financial stability. Check out this infographic.