A person working as a Banquet Manager in Thailand typically earns around 50,500 THB per month. Salaries range from 24,700 THB (lowest) to 78,700 THB (highest).
This is the average monthly salary including housing, transport, and other benefits. Banquet Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Banquet Manager salaries in Thailand range from 24,700 THB per month (minimum salary) to 78,700 THB per month (maximum salary).
The median salary is 51,500 THB per month, which means that half (50%) of people working as Banquet Manager(s) are earning less than 51,500 THB while the other half are earning more than 51,500 THB. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Banquet Manager(s) are earning less than 34,300 THB while 75% of them are earning more than 34,300 THB. Also from the diagram, 75% of Banquet Manager(s) are earning less than 66,400 THB while 25% are earning more than 66,400 THB.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Banquet Manager salaries by experience level and this is what we found.
A Banquet Manager with less than two years of experience makes approximately 29,300 THB per month.
While someone with an experience level between two and five years is expected to earn 37,700 THB per month, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 52,000 THB per month, 38% more than someone with two to five years of experience.
Additionally, Banquet Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 64,400 THB per month, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 69,000 THB per month, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 73,600 THB per month, 7% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+29%|
|5 - 10 Years||+38%|
|10 - 15 Years||+24%|
|15 - 20 Years||+7%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Banquet Manager salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Banquet Manager is 41,500 THB per month.
While someone with a Certificate or Diploma gets a salary of 68,500 THB per month, 65% more than someone having a High School degree.
|Certificate or Diploma||+65%|
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Banquet Manager employees in Thailand earn 9% more than their female counterparts on average.
Banquet Manager(s) in Thailand are likely to observe a salary increase of approximately 9% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in Thailand for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Banquet Manager is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Banquet Manager is 22% less than that of Food / Hospitality / Tourism / Catering. Also, Food / Hospitality / Tourism / Catering salaries are 33% less than those of All Jobs.
|Job Title||Average Salary|
|All Rounder||41,200 THB||-18%|
|Assistant Executive Housekeeper||29,300 THB||-42%|
|Assistant Food and Beverage Director||124,000 THB||+150%|
|Assistant Hospitality Manager||142,000 THB||+180%|
|Assistant Storekeeper||26,500 THB||-47%|
|Assistant Tour Manager||61,400 THB||+22%|
|Baker and Pastrycook||35,600 THB||-29%|
|Bakery Manager||71,300 THB||+41%|
|Bakery Superintendent||46,800 THB||-7%|
|Banquet Manager||50,500 THB||+0%|
|Banquet Server||32,000 THB||-37%|
|Bar Attendant||32,200 THB||-36%|
|Bar Manager||69,300 THB||+37%|
|Bar Supervisor||48,400 THB||-4%|
|Beverage Manager||80,000 THB||+59%|
|Bistro Attendant||32,900 THB||-35%|
|Buffet Chef||60,700 THB||+20%|
|Buffet Host||32,900 THB||-35%|
|Buffet Manager||74,600 THB||+48%|
|Butcher and Slaughterer||25,700 THB||-49%|
|Cafeteria Manager||59,400 THB||+18%|
|Cake Decorator||38,700 THB||-23%|
|Casino Shift Manager||110,000 THB||+120%|
|Chain Store Customer Support||53,900 THB||+7%|
|Club Manager||113,000 THB||+120%|
|Cluster Director||147,000 THB||+190%|
|Cluster Revenue Manager||117,000 THB||+130%|
|Cocktail Server||31,900 THB||-37%|
|Coffee Shop Manager||114,000 THB||+130%|
|Confectionery Baker||38,700 THB||-23%|
|Conference Services Manager||71,000 THB||+41%|
|Corporate Sous Chef||87,400 THB||+73%|
|Corporate Travel Consultant||91,000 THB||+80%|
|Culinary Assistant||29,000 THB||-43%|
|Culinary Associate||29,400 THB||-42%|
|Dietary Aide||61,800 THB||+22%|
|Dining Room Supervisor||57,900 THB||+15%|
|Duty Manager||77,300 THB||+53%|
|Events Coordinator||49,500 THB||-2%|
|Executive Chef||73,900 THB||+46%|
|Executive Pastry Chef||56,800 THB||+13%|
|Fast Food Cook||50,300 THB||-0%|
|Fast Food Shift Supervisor||52,200 THB||+3%|
|Fine Dining Cook||90,100 THB||+79%|
|Fine Dining Restaurant Chef||93,700 THB||+86%|
|Fleet Manager||156,000 THB||+210%|
|Food and Beverage Manager||119,000 THB||+140%|
|Food Consultant||99,100 THB||+96%|
|Food Safety Coordinator||74,200 THB||+47%|
|Food Server||30,300 THB||-40%|
|Food Service Director||116,000 THB||+130%|
|Food Service Manager||134,000 THB||+170%|
|Food Service Sales||75,800 THB||+50%|
|Food Service Worker||30,000 THB||-41%|
|Front Desk Agent||36,600 THB||-27%|
|Front Office Manager||64,600 THB||+28%|
|Guest Service Executive||104,000 THB||+110%|
|Guest Service Representative||42,300 THB||-16%|
|Head Concierge||47,600 THB||-6%|
|Hospitality Director||186,000 THB||+270%|
|Hostess / Host||37,000 THB||-27%|
|Hotel Desk Clerk||35,300 THB||-30%|
|Hotel Maid||26,200 THB||-48%|
|Hotel Manager||184,000 THB||+260%|
|Hotel Sales Manager||139,000 THB||+180%|
|Hotel Service Supervisor||105,000 THB||+110%|
|Hotel Staff||33,500 THB||-34%|
|Inventory Coordinator||41,400 THB||-18%|
|Kitchen Manager||58,500 THB||+16%|
|Kitchen Staff||32,600 THB||-35%|
|Kitchen Supervisor||54,100 THB||+7%|
|Line Cook||53,900 THB||+7%|
|Luggage Porter||26,300 THB||-48%|
|Motel Manager||99,300 THB||+97%|
|Pastrycooking and Baking Assistant||34,400 THB||-32%|
|Production Operator||49,700 THB||-2%|
|Quality, Health and Safety Coordinator||54,200 THB||+7%|
|Regional Restaurant Manager||144,000 THB||+190%|
|Restaurant Manager||125,000 THB||+150%|
|Room Reservations Manager||125,000 THB||+150%|
|Room Service Manager||109,000 THB||+120%|
|Sous Chef||71,800 THB||+42%|
|Supervisor of Food Services||81,600 THB||+62%|
|Tour Consultant||86,500 THB||+71%|
|Travel Agent||62,100 THB||+23%|
|Travel Consultant||92,800 THB||+84%|
|Waiter / Waitress||31,500 THB||-38%|
|Bangkok (Krung Thep)||55,900 THB|
|Chiang Mai||57,100 THB|
Where can you get paid more, working for a private company or for the government? Public sector employees in Thailand earn 7% more than their private sector counterparts on average across all sectors.