501 Steakhouse Salary

As of August 2026, the average hourly salary for employees at 501 Steakhouse in the United States is $41. This translates to an approximate annual wage of $84,743. Salaries at 501 Steakhouse typically range from $36 to $46 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does 501 Steakhouse Pay for Different Roles?

Explore detailed salary information for specific jobs at 501 Steakhouse. Based on our data, the highest paying job is the Assistant General Manager, with an hourly wage of $76. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at 501 Steakhouse

Ready for your next career move? Explore current job openings at 501 Steakhouse. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 501 Steakhouse’s Pay Competitive? Salary Benchmarking Analysis

How does 501 Steakhouse's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Pietro's $46
+12.0%
Reflects a supply-demand imbalance for the specific talent Pietro's targets.
Wicked Restaurant $45
+10.2%
Influenced by prevailing union wage agreements specific to Wicked Restaurant's sector.
Intake Academy $45
+10.1%
Driven by niche technical certifications required for Intake Academy's specialized projects.
Dunton Hot Springs $40
-1.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Hospitality & Leisure Industry $59
+44.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at 501 Steakhouse

Considering a career at 501 Steakhouse? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Regular training sessions keep skills sharp, and leadership encourages career growth. The work environment is dynamic and guest-focused. The team is amazing, and the company culture is inclusive. Coworkers are friendly, and the management maintains a structured workflow.
The benefits, including retirement plans and wellness perks, are excellent. The team is cooperative, and the workload is reasonable. It’s a dependable workplace for those in the hospitality field. While there aren’t many extra perks, it’s a stable workplace for those in hospitality. The team is supportive, and management truly values employee input. The company offers excellent training and develo...
Enjoy the fast-paced setting. The company follows industry norms, making it a reliable employer in hospitality. For anyone looking to thrive in hospitality, this is an excellent choice. The team is cooperative and helpful. The company offers good perks like travel discounts and wellness programs.
The workplace is stable, and the team is cooperative. The leadership team is transparent, holding regular town halls to keep everyone informed. Managers encourage creativity, and teamwork is strong. A steady employer in the leisure sector. A fantastic employer.

501 Steakhouse Overview

Website
www.501steakhouse.com
Founded In
1989
Employees
25 - 50 employees
Industry
Hospitality & Leisure
Headquarter Address
2628 Phillips Dr Jonesboro Arkansas AR 72401
Revenue
$5 Million - $10 Million
Phone Number
+1 8709726501
Social Media
About 501 Steakhouse
For over 20 years, 501 Steakhouse has provided fine dining in a relaxed and casual atmosphere. We specialize in top quality, hand cut, and award winning steaks, pasta and seafood. All of our appetizers, soups, sides, and sauces are house made using the freshest ingredients available. Our menu offers a variety of items to choose from including house favorites such as our Whiskey Filet, Hawaiian Rib

What Benefits Does 501 Steakhouse Offer Beyond Salary?

A competitive compensation package is more than just a salary. 501 Steakhouse offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Jonesboro?

Understanding the cost of living near Jonesboro is key to truly evaluating a salary offer or your current compensation at 501 Steakhouse.
Jonesboro's Cost of Living Index is approximately 78.5 (21.5% less expensive than US average; 0.6% less than AR average). Affordability primarily driven by low housing costs. Good value as a regional hub and home to Arkansas State University. When planning your budget based on a salary from 501 Steakhouse, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of 501 Steakhouse salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (Jonesboro Economical Trans. System - JETS) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $330 - $480 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,780 - $2,940+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 501 Steakhouse

1. What is the typical salary range (low to high) for most roles at 501 Steakhouse?

The typical salary range for most roles at 501 Steakhouse is approximately from $36 to $46 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does 501 Steakhouse pay compared to Pietro's?

The average annual salary at 501 Steakhouse is $84,743, or an hourly wage of $41, in comparison to Pietro's which pays $94,932 per year or $46 per hour.

3. Do salaries differ significantly between departments at 501 Steakhouse?

Yes, salaries often differ between departments at 501 Steakhouse due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at 501 Steakhouse?

Experience level is a significant factor in determining salary at 501 Steakhouse, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from 501 Steakhouse in Jonesboro is fair given the local cost of living?

To determine if a salary offer from 501 Steakhouse in Jonesboro is fair, first compare the gross salary to our data for similar roles at 501 Steakhouse and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Jonesboro" to understand its purchasing power.

6. Are the salaries listed for 501 Steakhouse on Salary.com pre-tax or after-tax?

All salary figures displayed for 501 Steakhouse, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.