A Restaurant Management degree (Associate Applied Degree in Science, AAS) is needed to earn a high Restaurant Management Salary. It requires a minimum of 65 credits in required programs, electives and general education. The students learn about managing hospitality facilities, supervising and managing quality in the Hospitality Industry. Courses in Hospitality Management, Food Service Sanitation, Sales, Culinary Arts and Marketing Management are included.
Program Electives included courses in Culinary Arts, Hospitality Management or Travel Tourism and Event Planning. Credits in Life Sciences, Mathematics, Humanities and Fine Arts as well as Social and Behavioral Sciences are required. Also at least two courses should be taken from Multicultural Studies or Contemporary Life Skills curriculums.
Some top universities for AAS include Michigan State University and Cornell University in Ithaca, NY. At Cornell, students can spend a year studying abroad and can gain experience at Statler Hotel. At Michigan State, every student is required to complete two 400 hour internships.
Details about Restaurant Management Salaries
The starters entering the industry earn roughly $27,000 per year. An additional $500 or more is earned through bonuses and profit sharing. The salaries range between roughly $21000 and $53,600 per year. Of course, the salary handed out depends on the experience of the restaurant manager. Someone with four or more years of experience has the capacity to earn at least $50,000 a year.
Of course, another component of the salary depends on the location. More than $50,000 can be earned in a large scale facility provided that the manager is experienced. The larger cities do not always boast the higher earners. Phoenix, Arizona sees high earners gain roughly $73,000 per year while Charlotte, North Carolina pays $84,000 per year on average to its restaurant managers. If the restaurant is located in a tourism area, the staff earns more. Also, the Restaurant Management Salary is higher if the clients are of sophisticated nature.
The highest earners in this profession work for casinos, cruise lines and corporate hotel chains. They can make in excess of $100,000 a year.
A high school diploma can help one become a Restaurant Manager. However, more and more companies are seeking college graduates today. Needless to say, a college degree offers a better chance of entry and a better entry level salary than does a simple high school diploma. The Restaurant Manager’s job is a tough one; he is expected to oversee each and every restaurant activity. He must satisfy the employees and the customers. Thus, his performance has to be top notch. If he helps the company makes profits, he will be able to advance to a higher position or get a bigger paycheck.
Different positions in restaurant management include General Manager, Assistant General Manager, Executive Chef and Bartender in fine dining restaurants and casual dining restaurants, and General Manager, Shift Manager, Drive-thru Operator and Barista in Fast Food Restaurants.
The median Restaurant Manager Salary in the U.S. is $48,077.