Medici on 57th Salary
How Much Does Medici on 57th Pay for Different Roles?
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Current Job Openings at Medici on 57th
Is Medici on 57th’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Mason Inn Conference Center & Hotel | $100,248 |
+6.9%
|
Influenced by prevailing union wage agreements specific to Mason Inn Conference Center & Hotel's sector. |
| Barley Neck Inn | $94,848 |
+1.2%
|
Confirms Barley Neck Inn is a direct competitor vying for the exact same talent pool. |
| Centro Restaurant | $93,962 |
+0.2%
|
Suggests Centro Restaurant utilizes a highly similar base-plus-benefits compensation model. |
| Gale Street Inn | $96,029 |
+2.4%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Hospitality & Leisure Industry | $122,562 |
+30.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Medici on 57th's Salaries Compare to Similar Companies?
Mason Inn Conference Center & Hotel
$100,248 / year
Salary Range: $88,043 - $113,647
Fairfax, VA
Barley Neck Inn
$94,848 / year
Salary Range: $83,297 - $107,526
Orleans, MA
Centro Restaurant
$93,962 / year
Salary Range: $82,518 - $106,514
Providence, RI
Gale Street Inn
$96,029 / year
Salary Range: $84,341 - $108,867
Chicago, IL
Beyond Catering
$94,162 / year
Salary Range: $82,701 - $106,745
Berwyn, IL
Italian Fiesta Pizzeria Inc
$95,280 / year
Salary Range: $83,681 - $108,014
Chicago, IL
Petterinos
$94,489 / year
Salary Range: $82,994 - $107,123
Chicago, IL
New England Seafood Co
$96,092 / year
Salary Range: $84,396 - $108,940
Chicago, IL
Phil Skowron
$95,966 / year
Salary Range: $84,286 - $108,794
Chicago, IL
Employee Reviews: Working at Medici on 57th
Medici on 57th Overview
What Benefits Does Medici on 57th Offer Beyond Salary?
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What Is the Cost of Living Near Chicago?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of Medici on 57th salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $105 (CTA 30-day pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $640 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,225 - $5,025+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Medici on 57th
1. What is the average salary for employees at Medici on 57th?
The average annual total compensation for employees at Medici on 57th is approximately $93,740. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,325 to $106,270, depending on factors like job role, experience, and location.
2. How much does Medici on 57th pay compared to Mason Inn Conference Center & Hotel?
The average annual salary at Medici on 57th is $93,740, or an hourly wage of $45, in comparison to Mason Inn Conference Center & Hotel which pays $100,248 per year or $48 per hour.
3. What is the lowest salary at Medici on 57th?
The lowest-paying job at Medici on 57th is a Restaurant Manager with a salary of $49,778 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.
4. How does having a professional certification impact salary for relevant roles at Medici on 57th?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Medici on 57th for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
5. Does Medici on 57th offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?
While some companies offer formal COLA, many, including potentially Medici on 57th, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
6. What's the typical process for salary reviews and raises at Medici on 57th?
Most companies, likely including Medici on 57th, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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