Michael Shank Racing Salary

How much does the Michael Shank Racing Pay for employees?

As of August 2026, the average annual salary for employees at Michael Shank Racing in the United States is $86,198. This translates to an approximate hourly wage of $41. Salaries at Michael Shank Racing typically range from $75,709 to $97,722 annually, reflecting the diverse roles and experience levels within the company. Michael Shank Racing’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 Michael Shank Racing Pay for Different Roles?

Explore detailed salary information for specific jobs at Michael Shank Racing. 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 Michael Shank Racing

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

Is Michael Shank Racing’s Pay Competitive? Salary Benchmarking Analysis

How does Michael Shank Racing’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)
Michael Shank Racing
Hospitality & Leisure
The Studio Cafe
Plano Community Band
Industry Comparison
Our data shows that, on average, compensation at Michael Shank Racing is below the average for the U.S. Hospitality & Leisure industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Michael Shank Racing average annual salary with several similar companies. Michael Shank Racing average salary of $86,198 is lower than The Studio Cafe, which has an average salary of $86,483. It is lower than Plano Community Band, with their average salary at $88,065. This places Michael Shank Racing in a developing position among its peers.
See Your True Competitors
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Employee Reviews: Working at Michael Shank Racing

Considering a career at Michael Shank Racing? 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.
Training sessions are provided, though more specialized programs would be beneficial. Highly recommend joining. The team is cooperative, and communication flows well between departments. The company offers a structured and stable work environment. The leadership is proactive in addressing challenges and ensures employees have the resources needed to succeed.
The work environment is uplifting, and colleagues are supportive. The work environment is vibrant, and management is supportive. While there’s room for growth, advancement opportunities aren’t always clearly defined. The team is amazing, and the benefits are outstanding. Training is adequate, though more advanced courses would be useful.
Fun and fast-paced workplace. Shifts are well-organized, and supervisors are supportive. Coworkers are collaborative, and turnover is lower than average for hospitality. A fantastic employer for hospitality professionals. The work is engaging, and the positive guest feedback makes it worthwhile. Management is transparent, and communication flows smoothly. The leadership team is forward-thinking, a...

Michael Shank Racing Overview

Website
www.michaelshankracing.com
Founded In
1989
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
114 Venture Dr Pataskala Ohio OH 43062
Revenue
<$5 Million
Phone Number
+1 7409649998
Social Media
About Michael Shank Racing
Based in Columbus, OH, Michael Shank Racing was formed in 1989 when Mike Shank first began driving racing cars professionally. Shank retired from the cockpit in 1997 to focus his efforts on running the team, which quickly found success in the Champ Car Toyota Atlantic Championship. With several race wins under his belt, Shank was named as Team Owner of the Year twice in four years. Michael Shank R

What Benefits Does Michael Shank Racing Offer Beyond Salary?

A competitive compensation package is more than just a salary. Michael Shank Racing 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Columbus?

Understanding the cost of living near Columbus is key to truly evaluating a salary offer or your current compensation at Michael Shank Racing.
Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). State capital (Ohio State Univ.), growing, affordable. COTA bus. When planning your budget based on a salary from Michael Shank Racing, 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 Michael Shank Racing salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (COTA 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,282 - $3,602+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Michael Shank Racing

1. How much does a Michael Shank Racing employee make?

Michael Shank Racing pays its employees an average of $86,198 per year. The average salary at Michael Shank Racing range from $75,709 to $97,722 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 Michael Shank Racing?

The salary at Michael Shank Racing is lesser than the similar company. The average annual salary at Michael Shank Racing is $86,198, or an hourly wage of $41, in comparison to The Studio Cafe which pays $86,483 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Michael Shank Racing?

In many roles at Michael Shank Racing, 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 Columbus affect the perceived value of a Michael Shank Racing salary?

Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). This significantly impacts the purchasing power of a salary from Michael Shank Racing based there. Our "Cost of Living Insights for Columbus" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Michael Shank Racing typically offer employees?

Michael Shank Racing 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 Michael Shank Racing" section on this page.