As of March 01, 2025, the average annual salary for a Banquet Manager in Southfield, MI is $52,768. Salary.com reports that pay typically ranges from $40,855 to $64,795, with most professionals earning between $30,009 and $75,745.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $64,408 | $5,367 | $1,239 | $31 |
| Average | $52,453 | $4,371 | $1,009 | $25 |
| 25th Percentile | $40,611 | $3,384 | $781 | $20 |
An entry-level Banquet Manager with under 1 year experience makes about $47,847. With less than 2 years of experience, a mid-level Banquet Manager makes around $48,374. After 2-4 years, the Banquet Manager pay rises to about $51,893. Those senior Banquet Manager with 5-8 years of experience earn roughly $55,268, and those Banquet Manager having 8 years or more experience are expected to earn about $56,690 on average.
| Levels | Salary |
|---|---|
| Entry Level Banquet Manager | $47,847 |
| Intermediate Level Banquet Manager | $48,374 |
| Senior Level Banquet Manager | $51,893 |
| Specialist Level Banquet Manager | $55,268 |
| Expert Level Banquet Manager | $56,690 |
| Entry Level | 9% |
| Mid Level | 8% |
| Senior Level | 1% |
| Top Level | 5% |
| Experienced | 8% |
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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
|
$56,989 |
8%
|
|
Coordination
|
$55,934 |
6%
|
|
Forecasting
|
$55,934 |
6%
|
|
Innovation
|
$55,406 |
5%
|
|
Conference Services
|
$55,406 |
5%
|
|
Cost Control
|
$54,879 |
4%
|
