4/10/2023 0 Comments Event manager salary nyc![]() Some would argue that geography isn"t the only reason for such gaping differences in luxury General Manager pay. All the data provided is current as of January 2010. The Median Salary Difference (above) is the dollar difference from the GM"s pay in NYC at the 50th Percentile. HVS prefers the percentile format, as it is a better reflection of real compensation levels, protects the original data, and is less susceptible to statistical outliers. If actual pay is compared to this point, it indicates whether pay is higher or lower than 25% of the incumbents whose data has been matched to that position. Eg: 25th percentile is the point below which 25% of the data falls. A percentile is a measure of location in a distribution of numbers that defines the value below which a given percentage of the data fall. Note: Data analysis for each city is presented in standard percentile format. Miami comes in last on this list of North America"s top 6 cities with a median luxury General Manager salary of $174,267, a whopping 52% lower than the highest median salary in the group. Our findings indicate that New York City luxury General Manager"s receive the highest median base salary of $265,309 followed by San Francisco, Los Angeles, Boston, and Washington DC. ![]() According to aggregate data that she provided, we see that geography plays a significant role in General Manager compensation. She reviewed the top 6 cities of New York City, San Francisco, Washington D.C., Boston, Los Angeles and Miami. To gain some clarity surrounding this trend I spoke with Paige Brewer, the head of HVS"s Compensation Consulting practice. During the course of the search I found significant disparity in pay amongst the candidate base. It seems luxury comes with a price tag depending on where in North America you are looking. In almost every single search I worked on this past decade, I can count this amongst the first three questions I am asked, both by clients as well as candidates: "What is the job paying?". My recent search for a luxury hotel General Manager in North America was no different.
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