Managing Director Salary at Palmer Place BETA

How much does a Palmer Place Managing Director make?

As of December 2024, the average annual salary for a Managing Director at Palmer Place is $723,916, which translates to approximately $348 per hour. Salaries for Managing Director at Palmer Place typically range from $553,226 to $914,758, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Palmer Place Overview

Website:
palmerslagrange.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Hospitality & Leisure

Located in beautiful downtown LaGrange, IL, the Palmer Place Restaurant is a wonderful place to enjoy great food and a plethora of great beers. We have been family owned and operated since 1983.

See similar companies related to Palmer Place

What Skills Does a person Need at Palmer Place?

At Palmer Place, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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Check more jobs information at Palmer Place

Job Title Average Palmer Place Salary Hourly Rate
2 Server and Bartender $18,589 $9
3 Line Cook $30,484 $15
4 Manager $95,961 $46
5 Bartender $20,055 $10
6 Server $18,589 $9

Hourly Pay at Palmer Place

The average hourly pay at Palmer Place for a Managing Director is $348 per hour. The location, department, and job description all have an impact on the typical compensation for Palmer Place positions. The pay range and total remuneration for the job title are shown in the table below. Palmer Place may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $723,916 look to you?

FAQ about Salary and Jobs at Palmer Place

1. How much does Palmer Place pay per hour?
The average hourly pay is $348. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Palmer Place?
According to the data, the highest approximate salary is about $914,758 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Palmer Place?
According to the data, the lowest estimated salary is about $553,226 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.