Hotel general manager is the highest paid position in the ­sector, with a basic salary package starting from €70,000+, ­according to Misco’s first ‘Salaries and Benefits Report for the 5-Star Hospitality Sector’.

The report deals with over 80 positions in the hospitality sector, from general manager and other management positions to waiter, housekeeper and cook. The financial packages tend to vary considerably between hotels, depending on the size and organisational structure.

Overall, internationally-recognised hotel chains tend to offer higher packages. After hotel general manager, the best paid position is that of finance manager, followed by management posts in operations, food and beverage, human resources, sales and marketing and engineering.

Executive head chef is also a key position, offering substantial salaries and bonus. This highlights the fact that the food ­offered in a hotel is perhaps one of the most essential ingredients for a successful property.

Internationally recognised hotel chains tend to offer higher packages for employees

In addition, health insurance seems to have become a standard benefit that is offered to all employees.

The report, compiled over the past months, gives an overview of the financial packages and remuneration structures adopted by five-star hotels in Malta.

Every year, Misco publishes its salaries and benefits report. The latest edition, the 29th, was launched recently and carries an in-depth analysis of the most recent trends across 7,000 different remuneration packages available in Malta.

“The Salaries and Benefits Report is the most sought-after tool of its kind due to the comprehensive and well-researched data and covers over 80 categories of personnel which include management, executive, clerical, technical and other personnel in various private, foreign-owned and government-controlled, service and manufacturing organisations working in and from Malta,” said Sophie Terpougoff from Misco.

“We also publish specific sectors focusing on specific areas such as the ICT sector. We have had several requests from hotels to publish a report that concerns what we all know is one of the main pillars in Malta’s economy, and this led us to work on our first edition which covers a number of ­­five-star hotels,” added Ms Terpougoff.

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