Loading ...
New study on franchisors’ pay
Some interesting statistics on franchisors’ salaries have emerged in the last week. Over the past few months, Virginia-based company FranData Inc. has been soliciting franchisors for their payroll figures, in order to provide a broad look at pay across the franchising industry. The financial crunch has made franchisors much more cost-conscious, and by taking a bird’s eye view at the industry, and it’s safe to say they’ll find some interesting information here.
The Wall Street Journal described the FranData survey as “what’s believed to be a first-ever glimpse at how rewarding work at franchising companies can be”. The study reveals that the best paying managerial jobs are in the full-service restaurant sector, while the best-paid managers were in charge of legal departments or handling a franchise outlets site selection.
Follow the links to find specific info on annual base pay for franchise managerial and professional staff, comparative base pay by sector, and pay by franchise industry and size.
