As of April 01, 2025, the average annual salary for a Banquet Manager in Lynn, MA is $58,623. Salary.com reports that pay typically ranges from $45,400 to $71,997, with most professionals earning between $33,361 and $84,173.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $64,554 | $5,379 | $1,241 | $31 |
| Average | $52,563 | $4,380 | $1,011 | $25 |
| 25th Percentile | $40,707 | $3,392 | $783 | $20 |
An entry-level Banquet Manager with under 1 year experience makes about $53,045. With less than 2 years of experience, a mid-level Banquet Manager makes around $53,630. After 2-4 years, the Banquet Manager pay rises to about $57,531. Those senior Banquet Manager with 5-8 years of experience earn roughly $61,273, and those Banquet Manager having 8 years or more experience are expected to earn about $62,850 on average.
| Levels | Salary |
|---|---|
| Entry Level Banquet Manager | $53,045 |
| Intermediate Level Banquet Manager | $53,630 |
| Senior Level Banquet Manager | $57,531 |
| Specialist Level Banquet Manager | $61,273 |
| Expert Level Banquet Manager | $62,850 |
| Entry Level | 1% |
| Mid Level | 2% |
| Senior Level | 9% |
| Top Level | 17% |
| Experienced | 20% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
| Skill | Salary | Demand |
|---|---|---|
|
Budgeting
|
$63,313 |
8%
|
|
Coordination
|
$62,141 |
6%
|
|
Forecasting
|
$62,141 |
6%
|
|
Innovation
|
$61,554 |
5%
|
|
Conference Services
|
$61,554 |
5%
|
|
Cost Control
|
$60,968 |
4%
|
