Food Service and Restaurant Management Employment Opportunities and Job Outlook
There were about 465,000 food service management jobs in the year 2000. Most of these positions are salaried. One third of the managers were self-employed, running their own restaurants. Restaurants and food service companies working under contract to office buildings, hospitals, and the like provided the bulk of food service management positions, while direct employment in the kitchens of educational institutions, hospitals, nursing homes, and others count for the remainder.
Food service management jobs are expected to grow at an average pace for the remainder of the decade. In addition to new positions added because of industry growth, a number of positions will open up due to retirement of existing managers, and managers leaving for other careers. College graduates or graduates from technical career training are expected to have better opportunities for being hired than non-graduates.
Most new job creation will be in restaurants and other eating and drinking places, as more Americans choose to cook at home less, and eat out more. As institutions, such as schools and hospitals, contract out their food service needs, new management positions will be created within the food service industry. Finally, as the population ages, there will be an increased need for food service managers in retirement and nursing homes.
As the restaurant industry becomes consolidated around national chains, job opportunities will increase for salaried managers at chain restaurants, with fewer self employed restaurant owners.
Restaurant and Food Service Managers Earnings Outlook
Median annual earnings of food service managers were $39,610 in 2004, an increase of $8,000 per year since the turn of the century. The middle 50 percent earned between $31,010 and $51,640. The lowest 10 percent earned less than $24,500, and the highest 10 percent earned more than $68,860.
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