The Terrace Hotel Salary

The Terrace Hotel Salary

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As of August 2026, the average annual salary for employees at The Terrace Hotel in the United States is $86,873. This translates to an approximate hourly wage of $42. Salaries at The Terrace Hotel typically range from $76,286 to $98,527 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at The Terrace Hotel

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

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

How does The Terrace 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
Plastilam Inc $101,377
+16.7%
Reflects a supply-demand imbalance for the specific talent Plastilam Inc targets.
Chesapeake Beach Resort $87,812
+1.1%
Indicates identical technical requirements and experience levels between the two firms.
Summer Beach Resort Lodging LLC $85,217
-1.9%
Confirms Summer Beach Resort Lodging LLC is a direct competitor vying for the exact same talent pool.
Lake Buena Vista Resort Village & Spa $87,295
+0.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Hospitality & Leisure Industry $122,562
+41.1%
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 Terrace Hotel's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at The Terrace Hotel

Considering a career at The Terrace 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.
The benefits, including health and wellness programs, are outstanding. Reliable scheduling. The employee recognition programs are meaningful, and hard work doesn’t go unnoticed. The company operates efficiently, and the workload is reasonable.
Commented in May 09, 2025
42
2
The company follows structured processes, which helps in daily tasks. It’s a wonderful place to build a long-term career. Working here has been a fulfilling experience. Smooth onboarding and helpful supervisors. The employee recognition programs make us feel valued.
Commented in July 14, 2024
33
1
Employees are treated well, and teamwork is prioritized. I love the team spirit here—everyone works together seamlessly. Benefits like health insurance and bonuses add value. Training programs are excellent, and advancement opportunities are clear. Benefits are standard, and turnover is low. Employee recognition is frequent, which is motivating. It’s a great place to grow professionally while enjo...
Commented in June 26, 2024
23
1
The pay structure is fair, with opportunities for overtime during peak seasons. The company invests in staff training, and the opportunities for advancement are solid. Good work-life balance. The hospitality industry is fast-paced, but the supportive environment makes it manageable. The company hosts fun team-building events, boosting morale.
Commented in January 14, 2024
38
3

The Terrace Hotel Overview

Website
www.terracehotel.com
Founded In
1999
Employees
25 - 50 employees
Industry
Hospitality & Leisure
Headquarter Address
329 E Main St Lakeland Florida FL 33801
Revenue
<$5 Million
Phone Number
+1 8636880800
Social Media
About The Terrace Hotel
At The Terrace Hotel we offer luxury accommodations and world-class service in a beautifully restored historic hotel. Our location in the heart of downtown Lakeland makes us an ideal choice for business travelers or those who wish to explore the Orlando theme parks by day and escape the bustle by evening. Our full-service luxury hotel is close to Orlando and provides the perfect escape with onsite

What Benefits Does The Terrace Hotel Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Terrace 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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What Is the Cost of Living Near Tampa?

Understanding the cost of living near Tampa is key to truly evaluating a salary offer or your current compensation at The Terrace Hotel.
Tampa's Cost of Living Index is approximately 100.1 (0.1% more expensive than US average; 2.9% less than FL average). Growing Gulf Coast city, housing costs near US average but have risen. HART bus/streetcar. When planning your budget based on a salary from The Terrace Hotel, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of The Terrace Hotel salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (HART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,775 - $4,345+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Terrace Hotel

1. What is the average salary for employees at The Terrace Hotel?

The average annual total compensation for employees at The Terrace Hotel is approximately $86,873. However, this is an aggregate figure, actual salaries can range significantly, typically from $76,286 to $98,527, depending on factors like job role, experience, and location.

2. How much does The Terrace Hotel pay compared to Plastilam Inc?

The average annual salary at The Terrace Hotel is $86,873, or an hourly wage of $42, in comparison to Plastilam Inc which pays $101,377 per year or $49 per hour.

3. What is the lowest salary at The Terrace Hotel?

The lowest-paying job at The Terrace Hotel is a Food Server with a salary of $17,268 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 The Terrace Hotel?

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 The Terrace Hotel for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does The Terrace Hotel offer cost-of-living adjustments (COLA) for employees in high-cost areas like Tampa?

While some companies offer formal COLA, many, including potentially The Terrace Hotel, 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 The Terrace Hotel?

Most companies, likely including The Terrace Hotel, 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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