117 Prime Salary

How much does the 117 Prime Pay for employees?

As of August 2026, the average annual salary for employees at 117 Prime in the United States is $81,684. This translates to an approximate hourly wage of $39. Salaries at 117 Prime typically range from $71,741 to $92,600 annually, reflecting the diverse roles and experience levels within the company. 117 Prime’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does 117 Prime Pay for Different Roles?

Explore detailed salary information for specific jobs at 117 Prime. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at 117 Prime

Ready for your next career move? Explore current job openings at 117 Prime. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 117 Prime’s Pay Competitive? Salary Benchmarking Analysis

How does 117 Prime’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
117 Prime
Hospitality & Leisure
M & M Bbq
Il Solito
Industry Comparison
Our data shows that, on average, compensation at 117 Prime is below the average for the U.S. Hospitality & Leisure industry by approximately 33%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared 117 Prime average annual salary with several similar companies. 117 Prime average salary of $81,684 is lower than M & M Bbq, which has an average salary of $101,356. It is lower than Il Solito, with their average salary at $93,234. This places 117 Prime in a developing position among its peers.
See Your True Competitors
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Employee Reviews: Working at 117 Prime

Considering a career at 117 Prime? 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 training is thorough, helping new hires adapt quickly. Management truly values employee feedback. The benefits are competitive, and there’s a strong emphasis on professional development. I’ve been able to grow my career here thanks to the supportive culture. It’s a great place for those who love hospitality and want long-term opportunities. The company offers great growth opportunities, and th...
I’m grateful to work for such a supportive company. The company follows industry standards, and the work environment is professional. The company fosters a culture of appreciation and growth. The workplace is comfortable, with good amenities. The training programs are thorough, ensuring you’re well-prepared for your role.
Training programs are thorough, helping employees excel in their roles. The company offers great perks, including travel benefits. The workplace culture is inclusive, and employee efforts are recognized.

117 Prime Overview

Website
www.117prime.com
Founded In
2018
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
117 Union Ave Memphis Tennessee TN 38103
Revenue
<$5 Million
Phone Number
+1 9014339851
Social Media
About 117 Prime
117 Prime is Downtown Memphis' premiere steakhouse. Enjoy the best prime cuts with one of the best bourbon selections this city has to offer or check-out our oyster bar. Steak. Bourbon. Prime.

What Benefits Does 117 Prime Offer Beyond Salary?

A competitive compensation package is more than just a salary. 117 Prime 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at 117 Prime.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from 117 Prime, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of 117 Prime salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 117 Prime

1. How much does 117 Prime in the United States pay?

117 Prime pays its employees an average of $81,684 per year. The average salary at 117 Prime range from $71,741 to $92,600 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. Do 117 Prime employees get a higher salary than its peer company?

The salary at 117 Prime is lesser than its peer company. The average annual salary at 117 Prime is $81,684, or an hourly wage of $39, in comparison to M & M Bbq which pays $101,356 per year or $49 per hour.

3. How much does salary increase with years of experience at 117 Prime?

Salary progression with years of experience at 117 Prime is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at 117 Prime vary by office location?

Yes, it's very likely that salaries at 117 Prime vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Memphis section provides more context.

5. Does 117 Prime offer good benefits?

117 Prime typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at 117 Prime" section on this page.