The Loft Restaurant Salary

As of July 2026, the average annual salary for employees at The Loft Restaurant in the United States is $93,782. This translates to an approximate hourly wage of $45. Salaries at The Loft Restaurant typically range from $82,371 to $106,319 annually, reflecting the diverse roles and experience levels within the company.

How Much Does The Loft Restaurant Pay for Different Roles?

Explore detailed salary information for specific jobs at The Loft Restaurant. Based on our data, the highest paying job is the General Manager, with an annual salary of $79,420. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at The Loft Restaurant

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

Is The Loft Restaurant’s Pay Competitive? Salary Benchmarking Analysis

How does The Loft Restaurant'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
Klondike Kate's $94,499
+0.8%
Confirms Klondike Kate's is a direct competitor vying for the exact same talent pool.
Kings Row Gastropub $100,385
+7.0%
Influenced by prevailing union wage agreements specific to Kings Row Gastropub's sector.
Burger Bar $85,186
-9.2%
Normalized for lower cost-of-living zones where Burger Bar primarily operates.
Meredith Model & Talent Agency $94,457
+0.7%
Indicates identical technical requirements and experience levels between the two firms.
Hospitality & Leisure Industry $122,562
+30.7%
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.

Employee Reviews: Working at The Loft Restaurant

Considering a career at The Loft Restaurant? 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.
Leadership is accessible and genuinely listens to staff feedback. The employee appreciation events are thoughtful, and the incentives for high performance are motivating. Benefits like wellness programs and performance incentives add value. The team is welcoming, and the company promotes work-life balance.
Good work-life balance. Great workplace with supportive teams and growth opportunities. I appreciate the inclusive culture here. Overall, it’s a fair place to work with reasonable expectations. The team is cooperative, and the workload is manageable. This company truly values its employees. Working at this company in the Hospitality & Leisure sector has been an incredibly rewarding experience.
Great for people who enjoy interacting with guests and teamwork. Training programs are excellent, and advancement opportunities are clear. The leadership is accessible and values feedback.

The Loft Restaurant Overview

Website
www.loftsteakandchophouse.com
Founded In
1978
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
1140 Osgood St North Andover Massachusetts MA 01845
Revenue
<$5 Million
Phone Number
+1 9786860026
Social Media
About The Loft Restaurant
The Loft Restaurant in North Andover, serving steaks chops & comfort foods since 1989. 100% Great Food and Good Times!

What Benefits Does The Loft Restaurant Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Loft Restaurant 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 Lawrence?

Understanding the cost of living near Lawrence is key to truly evaluating a salary offer or your current compensation at The Loft Restaurant.
Lawrence's Cost of Living Index is approximately 108.5 (8.5% more expensive than US average; 18.2% less than MA average). Merrimack Valley city, historic mills, more affordable housing than Boston area. MVRTA bus, Commuter Rail. When planning your budget based on a salary from The Loft Restaurant, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of The Loft Restaurant salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (MVRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,800 - $4,310+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Loft Restaurant

1. What is the typical salary range (low to high) for most roles at The Loft Restaurant?

The typical annual salary range for most roles at The Loft Restaurant is approximately from $82,371 to $106,319. 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. How much does The Loft Restaurant pay compared to Klondike Kate's?

The average annual salary at The Loft Restaurant is $93,782, or an hourly wage of $45, in comparison to Klondike Kate's which pays $94,499 per year or $45 per hour.

3. Do salaries differ significantly between departments at The Loft Restaurant?

Yes, salaries often differ between departments at The Loft Restaurant due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at The Loft Restaurant?

Experience level is a significant factor in determining salary at The Loft Restaurant, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from The Loft Restaurant in Lawrence is fair given the local cost of living?

To determine if a salary offer from The Loft Restaurant in Lawrence is fair, first compare the gross salary to our data for similar roles at The Loft Restaurant and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Lawrence" to understand its purchasing power.

6. What factors influence salary increases at The Loft Restaurant?

Salary increases at The Loft Restaurant are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.