A large number of members have asked what the General Manager, Assistant GM, and the various other managers are making in annual salaries and bonuses at the TAC Townhall meetings. It has just been posted on the Tokyo American Club website.
Management compensation (top 10 managers) comes in at 30-40% higher than industry standards. Also it should be noted that in the market these managers are bilingual Japanese and English speakers services clients in either language.
This bench marking is according to our multiple members running hotels in Japan. This does not include secretarial services for translation.
Could this be part of the problem causing the financial bleeding of the club? Mr. Rike Woottens letter to the Board seems to be spot on.