Salaries Fall for Restaurant Managers, Executives

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Friday, October 02, 2009

Salaries Fall for Restaurant Managers, Executives

The recession has pushed down bonuses and merit pay for corporate executives and restaurant managers and their base salary is not expected to pick up for the rest of this year, according to a recent study by People Report(tm), a provider of workforce analytics for the service industry.

The average merit increase for restaurant managers during 2008 was 3.4 percent while the average increase budgeted for 2009 is only 2.4 percent, according to the People Report 2009 Corporate Compensation and Benefits Survey...

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