New report reveals surprising trade-offs between salary growth and job stability in the hospitality sector
MIAMI, July 1, 2025 /PRNewswire/ — A recent analysis of wage and employment data from 2020 to 2024 by OysterLink has revealed a striking contradiction in the hospitality industry: some of the highest-paying roles offer the least promising long-term opportunities. While these positions often deliver steady salary increases, their job growth outlooks remain stagnant — or worse, are in decline.
The findings raise important questions for workers, career advisors, and industry leaders about the sustainability and value of pursuing these roles in an evolving job market.
High Salaries, Low Future Demand
The role of Hotel Manager tops the list of well-paying hospitality jobs, with an average salary of $77,460 in 2024, up 18.68% from $65,270 in 2020. However, employee growth over the same period was modest at just 30.07%, and job growth projections for the next decade stand at only 10%, significantly lower than many frontline roles.
Similarly, Restaurant Managers earned an average of $72,370 in 2024 — a strong increase of 18.64% — but the job outlook from 2023 to 2033 is just 2%, reflecting the impact of automation, evolving consumer behaviors, and consolidation in the food service industry.
Other high-salary roles facing flat or negative growth include:
Receptionists, with a 2024 salary of $38,480 and a projected -1% job outlook.
Event Planners, earning $65,090 on average in 2024, face moderate growth at 7%, but far less than other booming roles.
Porters, despite a respectable 2024 salary of $36,960, saw a 52.15% decline in employee numbers between 2020 and 2024 and have only 1% projected growth moving forward.
“These numbers highlight an important trade-off,” said Milos Eric, founder and general manager at OysterLink. “Salary alone doesn’t tell the full story. Job seekers must consider future demand, stability, and growth opportunities.”
Meanwhile, Low-Pay Roles Are Booming
At the other end of the spectrum, jobs such as Bartender and Waiter, traditionally viewed as lower paying, are experiencing explosive employment growth. Bartenders saw a 37.95% wage increase since 2020, with a 2024 salary of $39,880 and a 53.19% rise in total employment. Waiters saw nearly 40% wage growth and added over 350,000 jobs from 2020 to 2024.
Even Cooks, whose average 2024 salary of $37,730 remains modest, have seen a 30.86% increase in employee count and a 17% job growth outlook — the highest among all roles analyzed.
“These are roles where demand is driven by consumer-facing service, which can’t be easily outsourced or automated,” Eric added. “As long as people continue dining out and attending events, these roles will remain essential.”
Balancing Pay and Potential
While roles like Chef offer a unique balance — delivering both a high 2024 salary of $64,720 and 79.64% employee growth from 2020 to 2024 — they are exceptions rather than the norm. Many aspiring hospitality professionals face a strategic choice: Pursue a high-paying job with limited future opportunity or opt for roles with more growth potential but lower initial pay.
For job seekers in the hospitality industry, understanding this balance is more critical than ever. Employers are also encouraged to consider these trends in workforce planning, compensation strategies, and long-term investment in training.
“This data should inform how hospitality leaders recruit, retain, and invest in their teams,” said Eric. “There’s real risk in over-relying on legacy roles that don’t reflect where the industry is headed.”
About the Data
This analysis is based solely on average wage and employment data from 2020 to 2024, along with job outlook projections from 2023 to 2033, across 16 common hospitality positions. The dataset covers changes in salary, total employment, employee growth rate, and future job openings.
About OysterLink
OysterLink is a leading job platform dedicated to the hospitality industry. We connect restaurants, hotels, and hospitality employers with skilled candidates across the U.S. and internationally.
With job listings, including bartender jobs in New York City and waiter jobs in Miami, industry insights, and career resources, OysterLink helps professionals build rewarding careers in hospitality.
Currently, OysterLink attracts over 400,000 monthly visitors and continues to grow steadily. For more information, visit oysterlink.com or contact PR Rep Ana at [email protected].
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SOURCE OysterLink