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Theory Chicago Salary

Theory Chicago Salary

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As of September 2026, the average annual salary for employees at Theory Chicago in the United States is $96,556. This translates to an approximate hourly wage of $46. Salaries at Theory Chicago typically range from $84,790 to $109,513 annually, reflecting the diverse roles and experience levels within the company.
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Is Theory Chicago’s Pay Competitive? Salary Benchmarking Analysis

How does Theory Chicago'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
V5 Online $98,687
+2.2%
Suggests V5 Online utilizes a highly similar base-plus-benefits compensation model.
Butch McGuire $98,339
+1.8%
Confirms Butch McGuire is a direct competitor vying for the exact same talent pool.
The Bar Below $98,898
+2.4%
Indicates identical technical requirements and experience levels between the two firms.
UrbanMatter Inc $98,402
+1.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Hospitality & Leisure Industry $122,562
+26.9%
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 Theory Chicago's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Theory Chicago

Considering a career at Theory Chicago? 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.
There are regular team outings and incentives for high performers. A wonderful workplace. The leadership team is transparent, holding regular town halls to keep everyone informed. It’s a solid choice for those seeking stable hospitality work. The company fosters a collaborative environment where ideas are valued.
Commented in May 19, 2025
15
3
Colleagues are helpful, and management is reasonable. For anyone looking to thrive in hospitality, this is an excellent choice. I love the dynamic environment here—no two days are the same. This company is amazing to work for. The benefits are standard, but reliable.
Commented in November 25, 2024
20
3
My experience has been stable. The company values work-life balance, which is amazing. Seeing guests enjoy their experience makes the work fulfilling. It’s a decent place to work if you value consistency. The travel benefits are exceptional, allowing employees to experience different properties at discounted rates. It’s a suitable workplace for those who prefer routine in the hospitality sector. A...
Commented in November 12, 2024
33
0
While the hospitality sector can be fast-paced, the management ensures staff aren’t overwhelmed. The teams are well-organized, and communication between departments is effective. There are plenty of opportunities for skill development, and the team is collaborative. Overall, it’s a well-run organization with great people and opportunities for those passionate about hospitality. Benefits like flexi...
Commented in September 16, 2024
8
1
Enjoy the dynamic work environment. Management listens to feedback and implements positive changes. Positive atmosphere with good teamwork. I’ve gained valuable experience in customer service and operations. Coworkers are easy to collaborate with, and management is reasonable.
Commented in March 25, 2024
39
0

Theory Chicago Overview

Website
www.theorychicago.com
Founded In
2008
Employees
25 - 50 employees
Industry
Hospitality & Leisure
Headquarter Address
9 W Hubbard St Chicago Illinois IL 60610
Revenue
$5 Million - $10 Million
Phone Number
+1 3126440004
Social Media
About Theory Chicago
Theory is a sports lounge that prides itself on being better than your typical sports bar when it comes to food, service, and comfort. Theory has a life of its own that matches the pulse of the River North neighborhood around the clock. During the day, meet colleagues and entertain clients in our generous yet cozy space. After work, gather here to catch the big game, or chat with friend old and ne

What Benefits Does Theory Chicago Offer Beyond Salary?

A competitive compensation package is more than just a salary. Theory Chicago 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 Theory Chicago?
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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 Theory Chicago.
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 Theory Chicago, 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 Theory Chicago 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 Theory Chicago

1. How much does a Theory Chicago employee make?

Theory Chicago pays its employees an average of $96,556 per year. The average salary at Theory Chicago range from $84,790 to $109,513 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 Theory Chicago?

The salary at Theory Chicago is lesser than the similar company. The average annual salary at Theory Chicago is $96,556, or an hourly wage of $46, in comparison to V5 Online which pays $98,687 per year or $47 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Theory Chicago?

In many roles at Theory Chicago, 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.

4. How does the cost of living near Chicago affect the perceived value of a Theory Chicago salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Theory Chicago based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Theory Chicago typically offer employees?

Theory Chicago 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 Theory Chicago" section on this page.

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