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The Terrace Inn Salary

The Terrace Inn Salary

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As of August 2026, the average annual salary for employees at The Terrace Inn in the United States is $81,589. This translates to an approximate hourly wage of $39. Salaries at The Terrace Inn typically range from $71,668 to $92,503 annually, reflecting the diverse roles and experience levels within the company.

How Much Does The Terrace Inn Pay for Different Roles?

Explore detailed salary information for specific jobs at The Terrace Inn. Based on our data, the highest paying job is the Manager, with an annual salary of $83,720. 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 Terrace Inn’s Pay Competitive? Salary Benchmarking Analysis

How does The Terrace Inn'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
Atlantic Stars $92,865
+13.8%
Reflects a supply-demand imbalance for the specific talent Atlantic Stars targets.
Trendwest Resort $89,711
+10.0%
Influenced by prevailing union wage agreements specific to Trendwest Resort's sector.
Global Explorer $82,496
+1.1%
Indicates identical technical requirements and experience levels between the two firms.
Ski Magic LLC $89,510
+9.7%
Data suggests Ski Magic LLC's workforce skews heavily towards veteran, high-tenure roles.
Hospitality & Leisure Industry $122,562
+50.2%
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 Inn'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 Inn. Click a company name to learn more.

Employee Reviews: Working at The Terrace Inn

Considering a career at The Terrace Inn? 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 company offers skill development programs, which have helped me advance. The company values employee well-being, offering flexible scheduling and mental health resources. The company has a strong reputation, and working here has been a positive experience. The company offers great perks, like team outings and wellness programs. The positive atmosphere makes it a standout employer.
Commented in March 17, 2025
48
0
The work environment is positive, and teamwork is encouraged. Team dynamics are positive, and management is reasonable. The onboarding process was thorough, and ongoing training ensures we stay updated with industry trends. The company provides ample opportunities for skill development through workshops and certifications.
Commented in December 04, 2024
40
1
Colleagues are easy to work with. The hospitality industry is fast-paced, but the supportive environment makes it enjoyable. The team collaboration is strong, making even busy shifts enjoyable. The company offers great perks, including discounts at partner hotels and resorts.
Commented in July 23, 2024
26
3

The Terrace Inn Overview

Website
www.theterraceinn.com
Founded In
1911
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
1549 Glendale Ave Petoskey Michigan MI 49770
Revenue
<$5 Million
Phone Number
+1 2313472410
Social Media
About The Terrace Inn
The Terrace Inn was built in 1910 and opened June 25, 1911. The Inn is a Michigan Historic Landmark and a member of Bay View Association, located in Bay View, Petoskey, Michigan. A group of Methodists from Jackson, Michigan chose Bay View for a tent camp in 1875 and the Victorian cottages see today were built by the 1880's. established in 1875 by a group of Methodists from Jackson, Michigan. Hotel

What Benefits Does The Terrace Inn Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Terrace Inn 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)
Work at The Terrace Inn?
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What Is the Cost of Living Near Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at The Terrace Inn.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from The Terrace Inn, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of The Terrace Inn salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Terrace Inn

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

The average annual total compensation for employees at The Terrace Inn is approximately $81,589. However, this is an aggregate figure, actual salaries can range significantly, typically from $71,668 to $92,503, depending on factors like job role, experience, and location.

2. How much does The Terrace Inn pay compared to Atlantic Stars?

The average annual salary at The Terrace Inn is $81,589, or an hourly wage of $39, in comparison to Atlantic Stars which pays $92,865 per year or $45 per hour.

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

The lowest-paying job at The Terrace Inn is a Dinner Server with a salary of $16,218 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 Inn?

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

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

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

Most companies, likely including The Terrace Inn, 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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