North America Hotel Controller Report

Transcription

1 2010 North America Hotel Controller Report

2 Dear Executive, Thank you for your purchase of the 2010 North America Hotel Controller Report. This report has been prepared by our division HCE Data Services TM, the largest hospitality industry resource for compensation information. HCE surveys are conducted for the hotel, gaming and restaurant industries for corporate and unit level positions and include comprehensive data on salary, bonus and benefits gathered from compensation exchanges and public documentation. HVS Executive Search created the HCE to provide hotel owners and operators with current and credible information concerning salary trends. Data for the 2010 North America Hotel Controller Report has been obtained through an online survey. The report includes compensation data from over 2,700 hotels and presents the following information for the Chief Engineer position: Annual Base Annual Cash Bonus Compensation By Room Count Compensation By Hotel Class Compensation By Hotel Type Compensation By Location Compensation by Geographic Region Data is presented in percentile format (25 th percentile, 50 th percentile, 75 th percentile). 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. For example, the 75 th percentile is the point below which 75% of the data falls. We prefer the percentile format, as it is a better reflection of real compensation levels and is less susceptible to statistical outliers. All data is presented in U.S Dollars and is current as of October 1, We hope that you will find the HCE an exciting tool for managing your business, allowing you to attract and retain talent through equitable compensation practices. Please do not hesitate to contact us should you have any questions relating to this report or wish to learn more about HCE Data Services TM. David Mansbach Keith Kefgen Partner North America CEO HVS Executive Search Tel: +1 (516) ext. 262 Tel: +1 (516) ext dmansbach@hvs.com kkefgen@hvs.com 2

3 Nationwide Base Salaries and Annual Cash Bonus Controller 25 th Percentile 50 th Percentile 75 th Percentile Average Bonus 2006 Annual Base $69, Annual Base $73, Annual Base & Bonus $57, $77, $100, $7, Base by Room Count, Hotel Class, Hotel Type, Location & Geography 25 th Percentile 50 th Percentile 75 th Percentile Average Bonus Controller by Room Count Greater than 300 Rooms $79, $95, $110, $11, Rooms $53, $68, $91, $6, Less than 175 Rooms $42, $64, $79, $4, by Hotel Class Luxury $97, $109, $124, $16, First-Class $59, $79, $98, $7, Mid-Rate $44, $64, $69, $4, Budget $39, $55, $68, $3, by Hotel Type Convention $95, $107, $128, $12, Resort $84, $100, $116, $11, Conference Center $74, $90, $102, $6, Commercial $58, $72, $95, $7, All-Suite $45, $55, $77, $3, Extended-Stay $39, $41, $53, $6, by Location Resort $79, $98, $115, $10, Urban $67, $91, $109, $10, Airport $51, $68, $88, $6, Suburban $50, $67, $89, $5, Highway $46, $64, $68, $4, by Geography Mountain/Pacific $64, $77, $100, $8, New England/Mid-Atlantic $62, $90, $113, $7, South Central $51, $71, $90, $8, South Atlantic $49, $71, $99, $7, North Central $51, $71, $88, $6, All data is presented in U.S Dollars and is current as of October 1,

4 HVS Executive Search Compensation Services Success in the hotel, restaurant and gaming industries is based on the ability to attract, retain and motivate superior talent. Furthermore, organizations must have fair and transparent reward plans that can stand up to shareholder/owner scrutiny. The most tangible way to accomplish this objective is by linking pay and performance. HVS Executive Search offers an integrated approach to compensation management through our intimate knowledge of the hospitality industry. Why use an industry specialist, such as HVS, versus a generalist firm? Foremost, we understand the underlying business metrics that drive success. Our practice leaders are professionally certified, have prior operating experience in each industry and are located in one of 30 global offices. Our intent is to offer clients an independent viewpoint and a customized solution. We believe that one size does not fit all and tailored approaches are available in the following core competencies: Analysis of existing/ proposed total compensation plans; Incentive plan design that fosters value creation based on industry and company specific metrics; In conjunction with counsel, negotiate and draft employment contracts, change in control and severance provisions; Create board director compensation plans; Serve as consultant of record to compensation committees; Communication and implementation of newly created programmes; Expert witness testimony and litigation support; Customized compensation data reporting from HCE Data Services. HCE Data Services Tap into the largest source of hospitality industry compensation data through our HCE Data Services. HCE Annual Reports contain an executive summary of the national survey data. Data is categorized by suitable industry criteria. Hotel, restaurant and casino reports are available for purchase on our website. HCE Select Reports generate criteria specific reports based on data from the national survey. You can determine your own query parameters for an HCE Select Report. This program allows for numerous parameters to be considered simultaneously. HCE Custom Reports are client defined reports from newly gathered data. HCE Custom Reports give you access to information not collected in the national surveys. Custom surveys are designed to consider an unlimited number of parameters, positions, and questions. This ground up approach results in a fully customized report. Order reports online at executivesearch.com or contact any of our compensation experts at the HVS Executive Search offices worldwide. 4

5 HVS Executive Search Offices NEW YORK Keith Kefgen Chief Executive Officer 369 Willis Avenue Mineola, New York (516) ext (516) fax David Mansbach +1 (516) ext 262 Doug Rosen +1 (516) ext 251 Jim Houran +1 (516) ext. 264 HONG KONG Mark Keith 1 2F, 24 Sai Kung Tai Street Sai Kung, Hong Kong mkeith@hvs.com MOSCOW Tatiana Veller Bldg. 5, 4 Gilyarovskogo Street 3rd Floor, Office Moscow, Russia + 7 (495) tveller@hvs.com NEW DELHI & MUMBAI Natwar Nagar 6th floor, Tower C Building No. 8 DLF Cyber City, Phase II Gurgaon , India +91 (124) nnagar@hvs.com LONDON Christopher Mumford 7 10 Chandos Street London, W1G 9DQ United Kingdom +44 (20) cmumford@hvs.com 5