Most salaries in four-star hotels 15% lower than five-star

Most salaries paid in the four-star hotel category are currently on average 15% lower than those paid for the same positions in five-star hotels.

More specifically, an average 12% difference exists in salaries for operational staff, an 8% difference for supervisory staff and a staggering 20% difference for those in top and middle management.

This is one of the more salient points that come out from MISCO’s first edition of its Salaries & Benefits Report for the four-star hospitality sector. The above comparisons have been possible thanks to a similar report that MISCO published last December for the five-star industry.

The MISCO Salaries & Benefits Report for the four-star Hospitality Sector 2015 is another first by MISCO for the sector and stands as a reliable source for all those who need an overview of the financial packages and remuneration structures adopted by four-star hotels in Malta.

“This latest report for four-star hotels covers a total of 38 positions which include management, executive, clerical, sales and marketing, chefs, bartenders, waiters and housekeeping staff,” Sophie Terpougoff from MISCO said.

“This edition covering most of Malta’s four-star hotels was a natural development following the successful feedback and the encouraging requests for the first report on five-star hotels. Four star hotels represent the biggest chunk of tourist accommodation in Malta and as such we are anticipating good interest for this report. At MISCO we are also delighted that through these reports we are contributing towards a better understanding of such an important pillar in our economy. Only when we increase the understanding can we look at increasing the already high standards our country offers,” Terpougoff said.

This latest report has been published under The MISCO’s Salaries & Benefits Report brand. Later this year, MISCO will be issuing its 30th edition of The MISCO Salaries & Benefits Report 2015/16. The latest full edition, the 29th, was published last September and carries an in-depth analysis of the most recent trends across 7,000 different remuneration packages available in Malta. It is the most sought after tool of its kind due to the comprehensive and well researched data it contains.

MISCO will also shortly be issuing The MISCO Salaries & Benefits Report for the Financial Services Sector 2015, which will include data for over 35 positions.

The Salaries & Benefits Report for the four-star Hospitality Sector may be purchased from MISCO on 22054 603/651 or via email on [email protected]