The Terrace Hotel Salary

The Terrace Hotel Salary

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As of August 2026, the average hourly salary for employees at The Terrace Hotel in the United States is $42. This translates to an approximate annual wage of $86,873. Salaries at The Terrace Hotel typically range from $37 to $47 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does The Terrace Hotel Pay for Different Roles?

Explore detailed salary information for specific jobs at The Terrace Hotel. Based on our data, the highest paying job is the President, with an hourly wage of $323. The table below outlines the hourly wage ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at The Terrace Hotel

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

Is The Terrace Hotel’s Pay Competitive? Salary Benchmarking Analysis

How does The Terrace Hotel'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
Plastilam Inc $49
+16.7%
Data suggests Plastilam Inc's workforce skews heavily towards veteran, high-tenure roles.
Chesapeake Beach Resort $42
+1.1%
Confirms Chesapeake Beach Resort is a direct competitor vying for the exact same talent pool.
Summer Beach Resort Lodging LLC $41
-1.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Lake Buena Vista Resort Village & Spa $42
+0.5%
Suggests Lake Buena Vista Resort Village & Spa utilizes a highly similar base-plus-benefits compensation model.
Hospitality & Leisure Industry $59
+41.1%
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.

Companies Similar to The Terrace Hotel and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at The Terrace Hotel. Click a company name to learn more.

Employee Reviews: Working at The Terrace Hotel

Considering a career at The Terrace Hotel? 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.
The benefits, including health and wellness programs, are outstanding. Reliable scheduling. The employee recognition programs are meaningful, and hard work doesn’t go unnoticed. The company operates efficiently, and the workload is reasonable.
Commented in May 09, 2025
42
2
The company follows structured processes, which helps in daily tasks. It’s a wonderful place to build a long-term career. Working here has been a fulfilling experience. Smooth onboarding and helpful supervisors. The employee recognition programs make us feel valued.
Commented in July 14, 2024
33
1
Employees are treated well, and teamwork is prioritized. I love the team spirit here—everyone works together seamlessly. Benefits like health insurance and bonuses add value. Training programs are excellent, and advancement opportunities are clear. Benefits are standard, and turnover is low. Employee recognition is frequent, which is motivating. It’s a great place to grow professionally while enjo...
Commented in June 26, 2024
23
1
The pay structure is fair, with opportunities for overtime during peak seasons. The company invests in staff training, and the opportunities for advancement are solid. Good work-life balance. The hospitality industry is fast-paced, but the supportive environment makes it manageable. The company hosts fun team-building events, boosting morale.
Commented in January 14, 2024
38
3

The Terrace Hotel Overview

Website
www.terracehotel.com
Founded In
1999
Employees
25 - 50 employees
Industry
Hospitality & Leisure
Headquarter Address
329 E Main St Lakeland Florida FL 33801
Revenue
<$5 Million
Phone Number
+1 8636880800
Social Media
About The Terrace Hotel
At The Terrace Hotel we offer luxury accommodations and world-class service in a beautifully restored historic hotel. Our location in the heart of downtown Lakeland makes us an ideal choice for business travelers or those who wish to explore the Orlando theme parks by day and escape the bustle by evening. Our full-service luxury hotel is close to Orlando and provides the perfect escape with onsite

What Benefits Does The Terrace Hotel Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Terrace Hotel 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 Tampa?

Understanding the cost of living near Tampa is key to truly evaluating a salary offer or your current compensation at The Terrace Hotel.
Tampa's Cost of Living Index is approximately 100.1 (0.1% more expensive than US average; 2.9% less than FL average). Growing Gulf Coast city, housing costs near US average but have risen. HART bus/streetcar. When planning your budget based on a salary from The Terrace Hotel, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of The Terrace Hotel salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (HART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,775 - $4,345+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Terrace Hotel

1. How much does a The Terrace Hotel employee make?

The Terrace Hotel pays its employees an average of $42 per hour. The average salary at The Terrace Hotel range from $37 to $47 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. Which similar company tend to pay more or less than The Terrace Hotel?

The salary at The Terrace Hotel is lesser than the similar company. The average annual salary at The Terrace Hotel is $86,873, or an hourly wage of $42, in comparison to Plastilam Inc which pays $101,377 per year or $49 per hour.

3. How much does a President typically earn at The Terrace Hotel?

A President at The Terrace Hotel typically earns an average hourly base salary of around $323, with a general range of $247 to $409.

4. Do employees with advanced degrees (Master's, PhD) earn more at The Terrace Hotel?

In many roles at The Terrace Hotel, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Tampa affect the perceived value of a The Terrace Hotel salary?

Tampa's Cost of Living Index is approximately 100.1 (0.1% more expensive than US average; 2.9% less than FL average). This significantly impacts the purchasing power of a salary from The Terrace Hotel based there. Our "Cost of Living Insights for Tampa" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does The Terrace Hotel typically offer employees?

The Terrace Hotel generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at The Terrace Hotel" section on this page.

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