The Silversmith Hotel Salary

As of September 2026, the average annual salary for employees at The Silversmith Hotel in the United States is $96,018. This translates to an approximate hourly wage of $46. Salaries at The Silversmith Hotel typically range from $84,332 to $108,855 annually, reflecting the diverse roles and experience levels within the company.
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Is The Silversmith Hotel’s Pay Competitive? Salary Benchmarking Analysis

How does The Silversmith Hotel'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
FitnessWave OC $98,771
+2.9%
Suggests FitnessWave OC utilizes a highly similar base-plus-benefits compensation model.
Gold Coast Tickets Ltd $95,153
-0.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Saddlebrook Equestrian Center $89,953
-6.3%
Saddlebrook Equestrian Center operates with a leaner overhead structure, impacting base wage offers.
IntelliGym $101,883
+6.1%
Driven by niche technical certifications required for IntelliGym's specialized projects.
Hospitality & Leisure Industry $122,562
+27.6%
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.

Employee Reviews: Working at The Silversmith Hotel

Considering a career at The Silversmith Hotel? 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.
My experience at this hospitality company has been steady and structured. The work environment is fast-paced but rewarding, with plenty of opportunities to shine. The fast-paced environment keeps things exciting, and I appreciate the emphasis on customer satisfaction. I enjoy the employee discounts and travel perks, which are a great bonus. The perks, including hotel discounts, are amazing.
This company stands out for its employee-focused approach. The benefits package is competitive, including health insurance and wellness programs. The leadership team is visionary, always looking for ways to improve.
The work-life balance initiatives make it a great place to build a career. it’s a reliable employer with decent benefits. This company is amazing to work for. The workload is manageable, and the schedule is fairly consistent. Management is approachable and open to feedback, which fosters a positive workplace culture. I love working here because of the people and the positive atmosphere.

The Silversmith Hotel Overview

Website
www.silversmithchicagohotel.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
10 S Wabash Ave Chicago Illinois IL 60603
Revenue
$5 Million - $10 Million
Phone Number
+1 3123727696
Social Media
About The Silversmith Hotel
Discover a luxurious boutique hotel in downtown Chicago in the Loop with elegant rooms and a restaurant, 1 block from Millennium Park & steps from the L Train.

What Benefits Does The Silversmith Hotel Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Silversmith Hotel 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at The Silversmith Hotel.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from The Silversmith Hotel, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of The Silversmith Hotel 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 The Silversmith Hotel

1. What is the estimated average total compensation at The Silversmith Hotel?

Salary.com estimates that the average total compensation package at The Silversmith Hotel, which can include base salary, potential bonuses, and benefits, is around $96,018 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does The Silversmith Hotel pay compared to FitnessWave OC?

The average annual salary at The Silversmith Hotel is $96,018, or an hourly wage of $46, in comparison to FitnessWave OC which pays $98,771 per year or $47 per hour.

3. Do salaries differ significantly between departments at The Silversmith Hotel?

Yes, salaries often differ between departments at The Silversmith Hotel 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at The Silversmith Hotel?

Salary progression from an entry-level to a senior role at The Silversmith Hotel can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from The Silversmith Hotel in Chicago is fair given the local cost of living?

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

6. Are promotions at The Silversmith Hotel usually accompanied by a significant salary increase?

Yes, promotions at The Silversmith Hotel are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.