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The Colonial Terrace Salary

The Colonial Terrace Salary

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As of September 2026, the average annual salary for employees at The Colonial Terrace in the United States is $99,130. This translates to an approximate hourly wage of $48. Salaries at The Colonial Terrace typically range from $87,063 to $112,379 annually, reflecting the diverse roles and experience levels within the company.

How Much Does The Colonial Terrace Pay for Different Roles?

Explore detailed salary information for specific jobs at The Colonial Terrace. Based on our data, the highest paying job is the Director, Engineering, with an annual salary of $179,076. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

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

How does The Colonial Terrace'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
The Boutique & Lifestyle Lodging Association $97,769
-1.4%
Indicates identical technical requirements and experience levels between the two firms.
Point After Pub & Grille $88,635
-10.6%
Reflects market rates for standard general contracting, differing from specialized roles.
Mövenpick Resort Waverly Phu Quoc $88,835
-10.4%
Mövenpick Resort Waverly Phu Quoc may offer non-monetary perks in lieu of competitive base salaries.
Elliot Hotel LLC $88,466
-10.8%
Normalized for lower cost-of-living zones where Elliot Hotel LLC primarily operates.
Hospitality & Leisure Industry $122,562
+23.6%
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.

How The Colonial Terrace's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at The Colonial Terrace

Considering a career at The Colonial Terrace? 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.
Training is straightforward, and colleagues are cooperative. The leadership is strong, and the team is motivated. Flexible schedules and friendly coworkers make this a enjoyable place. It may not be the most exciting, it’s a dependable option in hospitality. Team collaboration is strong, and creativity is encouraged.
Commented in May 17, 2025
22
2
There are plenty of opportunities for skill development. The benefits package is strong, including wellness programs and paid leave. Employee recognition is frequent, which is motivating. The travel benefits are exceptional, allowing employees to experience different properties at discounted rates. The hours are consistent, and the team is dependable. Training is adequate, and expectations are com...
Commented in July 02, 2024
37
3
Employee satisfaction seems to be a priority, with regular check-ins from HR. The company follows industry norms in terms of pay and benefits. The company operates efficiently, though some processes can feel a bit bureaucratic. The workload is reasonable, and deadlines are realistic.
Commented in March 20, 2024
42
2

The Colonial Terrace Overview

Website
www.thecolonialterrace.com
Founded In
1925
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
PO Box 1375 Carmel By The Sea California CA 93921
Revenue
<$5 Million
Phone Number
+1 8316242741
Social Media
About The Colonial Terrace
One of the top hotels in Carmel, the Colonial Terrace provides services and amenities designed to provide a comfortable and memorable visit to Carmel-by-the-Sea. Each overnight stay includes a complimentary continental breakfast including fresh-baked pastries and croissants, bagels, granola, yogurt, fresh fruits, juices and coffee. Breakfast is served daily in our lobby between the hours of 7:30 a

What Benefits Does The Colonial Terrace Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Colonial Terrace 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 Monterey?

Understanding the cost of living near Monterey is key to truly evaluating a salary offer or your current compensation at The Colonial Terrace.
Monterey's Cost of Living Index is approximately 174.1 (74.1% more expensive than US average; 24.5% more than CA average). Desirable coastal tourist destination, very high housing costs, and generally high prices for goods and services. When planning your budget based on a salary from The Colonial Terrace, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,400 - $3,600+ A significant portion of The Colonial Terrace salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (MST monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,025 - $6,245+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Colonial Terrace

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

The Colonial Terrace pays its employees an average of $99,130 per year. The average salary at The Colonial Terrace range from $87,063 to $112,379 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.

2. Which similar company tend to pay more or less than The Colonial Terrace?

The salary at The Colonial Terrace is higher than the similar company. The average annual salary at The Colonial Terrace is $99,130, or an hourly wage of $48, in comparison to The Boutique & Lifestyle Lodging Association which pays $97,769 per year or $47 per hour.

3. How much does a Director, Engineering typically earn at The Colonial Terrace?

A Director, Engineering at The Colonial Terrace typically earns an average annual base salary of around $179,076, with a general range of $163,160 to $193,795.

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

In many roles at The Colonial Terrace, 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 Monterey affect the perceived value of a The Colonial Terrace salary?

Monterey's Cost of Living Index is approximately 174.1 (74.1% more expensive than US average; 24.5% more than CA average). This significantly impacts the purchasing power of a salary from The Colonial Terrace based there. Our "Cost of Living Insights for Monterey" module details this impact, helping you assess the 'real feel' value of your compensation.

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

The Colonial Terrace 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 Colonial Terrace" section on this page.

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