Masters Restaurant Associates Incorporated Salary

Masters Restaurant Associates Incorporated pays its employees an average of $47,151 per year. The average salary at Masters Restaurant Associates Incorporated range from $41,312 to $54,194 per year. 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.

The salary at Masters Restaurant Associates Incorporated is higher than the similar company. The average annual salary at Masters Restaurant Associates Incorporated is $47,151, or an hourly wage of $23, in comparison to MAGNOLIA which pays $43,628 per year or $21 per hour.

In many roles at Masters Restaurant Associates Incorporated, 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.

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Masters Restaurant Associates Incorporated based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

Masters Restaurant Associates Incorporated 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 Masters Restaurant Associates Incorporated" section on this page.