Savory is excited to announce its first ever food and beverage technology investment into 86 Repairs.
The Larry H. Miller Company has acquired a majority stake in Swig from Savory Fund
Savory Restaurant Fund Claimed Company
Savory, a Mercato Partners Fund, is focused on delivering outsized returns through strategic investments in the food and beverage industry. Savory partners with high-potential, profitable, emerging restaurant brands, to deliver financial capital, industry expertise, revenue opportunities, profitability enhancements, and new location development. The Savory team contributes directly to all aspects of growth and replication by using a proven playbook and methodology. Founder involvement in the expansion of a brand is a central theme of the Savory approach as founders carry the tribal knowledge around the uniqueness that has energized early success and is essential to future growth. read more
Savory Restaurant Fund Company Culture
Savory Restaurant Fund Culture
This score is derived from employee ratings & reviewsChoice Employer
A+
4.8/5
Top Rated Culture Dimensions
CEO Rating
A+Environment
A+Executive Team
A+Gender
A+Leadership
A+Savory Restaurant Fund CEO
Top 5%Top 5% of Similar Size Companies on Comparably
Shauna Smith
98 /100
See More
Diversity at Savory Restaurant Fund
Top 10%Top 10% of Similar Size Companies on Comparably
A
Diverse employees at Savory Restaurant Fund have rated CEO Rating, Outlook, and Team as the highest categories they have scored
Women at Savory Restaurant Fund
Top 5%Top 5% of Similar Size Companies on Comparably
A+
Women at Savory Restaurant Fund have rated CEO Rating, Team, and Executive Team as the highest categories they have scored
Savory Restaurant Fund eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 5%Top 5% of Similar Size Companies on Comparably
Recommend to a Friend?
90
Savory Restaurant Fund employees are 90% more likely to recommend Savory Restaurant Fund as a great place to work
| 90% | Promoters |
|---|---|
| 10% | Passives |
| 0% | Detractors |
Savory Restaurant Fund Company News
The Larry H. Miller Company has acquired a majority stake in Swig from Savory Fund
December 15th, 2022December 14th, 2022December 16th, 2022
Pop the soda! It's time to celebrate. ????????????The Larry H. Miller Company has acquired a majority stake in Swig from Savory Fund — and we couldn't be more thrilled. Both Savory Fund and Swig's founder and partners will retain significant minority stakes. Swig was founded by Nicole Tanner in 2010, it was acquired by Savory Fund in 2018, and it has since become the undisputed leader in the customized beverage category. The LHM Company, owned by
Savory Fund completes it's 10th investment with The Sicilian Butcher
October 21st, 2022October 20th, 2022October 22nd, 2022
https://www.nrn.com/casual-dining/savory-fund-acquires-majority-interest-stake-sicilian-butcher-30-million-investment
Savory Fund announces winner for its ‘Million Dollar Restaurant Launch’
July 30th, 2022July 29th, 2022July 31st, 2022
Savory is investing $1 million into Saigon Hustle and its cofounders, Cassie Ghaffar and Sandy Nguyen, while also giving them access to the firm’s operational support.
Savory is excited to announce its first ever food and beverage technology investment into 86 Repairs.
July 29th, 2022July 28th, 2022July 30th, 2022
https://www.restaurantbusinessonline.com/technology/86-repairs-raises-152m-equipment-management-service
Utah Business: 2022 CEO of the Year
March 10th, 2022March 9th, 2022March 11th, 2022
Congrats to our fearless leader Shauna Smith on being named one of 2022's CEO of the Year.
2022 CEO of the Year
Every year, Utah Business honors the state’s most accomplished CEOs. Meet this year’s honorees.
Working at Savory Restaurant Fund
Working at Savory Restaurant Fund is rated highly by 52 employees, across various culture dimensions. Savory Restaurant Fund employees are most satisfied about CEO Rating, Environment, and Executive Team categories, putting Savory Restaurant Fund’s culture in the Top 5% compared to similar sized companies on Comparably and in the Top 5% compared to other companies in Salt Lake City. See below in detail how working at Savory Restaurant Fund was rated by employees.
Overall Company Culture at Savory Restaurant Fund
A+
Overall Company Culture at Savory Restaurant Fund is rated A+
Last updated months ago
Top
5%
Savory Restaurant Fund ranks in the Top 5% of other companies on Comparably with 51-200 Employees for Overall Company Culture Score
Savory Restaurant Fund Employee Reviews
Out of 301 Savory Restaurant Fund employee reviews, 97% were positive. The remaining 3% were constructive reviews with the goal of helping Savory Restaurant Fund improve their work culture.
| Positive Reviews | 97% |
|---|---|
| Constructive Feedback | 3% |
Positive Reviews From Savory Restaurant Fund Employees
- What are some of the best things about your team?My team is my family. We are all unified and supportive of each other. We celebrate each other's wins and we all learn from the lessons.
- What do you like best about the leadership team?They care about you as a person, as well as a coworker. They care about your goals, and want you to grow with the company. There also does not feel like a disconnect between the leadership team and others. Everyone is treated equally.
- What is most positive about the culture and environment at your company?The culture is built upon positivity and giving everyone the benefit of the doubt. We run at a swift pace as we are a growth company. Because of this pace, there aren't many downtimes that lead to unproductivity, and a productive person is a happy person.
Constructive Feedback From Savory Restaurant Fund Employees
- Why do you feel undervalued and what would make you feel better about your compensation?I definately feel valued and respected
Savory Restaurant Fund Company Information
Savory Restaurant Fund Company Overview
Savory, a Mercato Partners Fund, is focused on delivering outsized returns through strategic investments in the food and beverage industry. Savory partners with high-potential, profitable, emerging restaurant brands, to deliver financial capital, industry expertise, revenue opportunities, profitability enhancements, and new location development. The Savory team contributes directly to all aspects of growth and replication by using a proven playbook and methodology. Founder involvement in the expansion of a brand is a central theme of the Savory approach as founders carry the tribal knowledge around the uniqueness that has energized early success and is essential to future growth.
Savory Restaurant Fund was founded in 2018 and its current CEO is Shauna Smith. Since its inception 8 years ago, Savory Restaurant Fund has grown to 62 employees.
Savory Restaurant Fund Mission, Vision & Values
Savory Restaurant Fund Mission Statement
Savory will be known for its people, not necessarily its restaurants or food it sells, but for the great leaders, it creates to go on and create new opportunities for the next generation. Tens of thousands of jobs will be created, and generational wealth will be created through the millions of hours of work put into accomplishing our goals. We will have failures. And through those failures, we will vow to become stronger, not only in our resilience in challenging times but stronger as we unify together to get through the hard times. Those failures will make us great, individually and as a firm. Loyalty will be the foundation of this great company. Loyalty to the brand. Loyalty to the leadership. Loyalty to our investors and shareholders. And most importantly - loyalty to each other - no matter what the situation. We will stand together, on a horizontal leadership structure, and succeed together. Or we will not succeed at all.
Savory Restaurant Fund Vision Statement
"I envision Savory owning and operating hundreds of restaurants across America while ranking among the best places to work in the nation. Savory will not only be known for its great brands but also for its people. We will build future leaders, honing their abilities and talents in a safe environment. Loyalty will be the foundation of this great company. We will be family –– the Savory family."
Savory Restaurant Fund Values
- Competence
- Humility
- Integrity
- Positivity
| Headquarter | 1557 W Innovation Way Lehi, UT 84043 United States of America |
|---|---|
| Website | savory.mercatopartners.com/ |
| Founding Date | 2018 |
| Tel | 801-642-3800 |
| Company Status | Private |
| Jobs | savory.mercatopartners.com/careers/ |
| Social Sites |
Savory Restaurant Fund Employees
Savory Restaurant Fund has 62 employees. 52 employees at Savory Restaurant Fund have reviewed Savory Restaurant Fund across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 52 Savory Restaurant Fund employees give their leadership a grade of A+, or Top 5% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Savory Restaurant Fund are pleased with their total compensation at Savory Restaurant Fund, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Savory Restaurant Fund are extremely happy with their team. 52 Participants grade the quality of their coworkers an A+. The majority believe the meetings at Savory Restaurant Fund are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Savory Restaurant Fund believe the environment at Savory Restaurant Fund is positive. Most Participants believe the pace of work at Savory Restaurant Fund is comfortably fast. About 60% of the employees at Savory Restaurant Fund work 8 hours or less, while 3% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Savory Restaurant Fund are extremely happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Savory Restaurant Fund employees generally work 9.0 hrs a day
Work Hours
A Day in the Life
Employees at Savory Restaurant Fund report the work pace is comfortably fast
Work Pace
A Day in the Life
100% of Savory Restaurant Fund employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Savory Restaurant Fund employees most often take unlimited paid vacation and sick days each year
Perks & Benefits
A Day in the Life
90% of Savory Restaurant Fund employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Savory Restaurant Fund employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
100% of Savory Restaurant Fund employees call their work environment positive
Environment
Joining Savory Restaurant Fund - Employee Onboarding
The prevailing opinion from Comparably users in Salt Lake City about their company is that it was very prepared on their first day. Salt Lake City employees concluded that their overall onboarding experience was positive. 81% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Savory Restaurant Fund KPIs and OKRs
Employees’ understanding of Savory Restaurant Fund's KPIs and OKRs is essential for its success. Out of 52 Savory Restaurant Fund employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 51 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Savory Restaurant Fund CEO & Leadership
98 /100
Savory Restaurant Fund CEO Awards and Recognitions
Savory Restaurant Fund’s CEO Shauna Smith started in this role in 2018. Shauna’s approval rate is in the Top 5% of all CEOs of similar-sized companies on Comparably, and in the Top 5% compared to the CEOs of all other companies in Salt Lake City. With a high CEO score, Shauna Smith has won the Best CEOs for Women in 2023. Savory Restaurant Fund’s CEO is highly regarded especially by employees in the Marketing department, Hispanic or Latino employees, and employees with Entry Level experience. However, employees with 3 to 6 Years experience, employees with 6 to 10 Years experience, and employees in the Operations department have a less favorable view of the CEO and believe there is room for improvement. Under Smith’s leadership, Savory Restaurant Fund employee respondents are most happy about their Environment and the company’s Executive Team. Perks And Benefits and Compensation are two areas, according to respondents, where Savory Restaurant Fund could stand to see real improvement.
Savory Restaurant Fund Leadership
The Savory Restaurant Fund Executive Team is rated an “A+” and led by CEO Shauna Smith, CFO Tyler Neslon, and COO Josh Boshard
Shauna Smith CEO / President
With over 12 years of executive management experience in the F&B industry, Shauna serves as President of the Savory... read more
Tyler Neslon CFO
Tyler is the Chief Financial Officer of the Savory Value-Add Platform. In this role, he leverages his 20 years of... read more
Josh Boshard COO
Josh Boshard serves as Chief Operating Officer at the Savory Value Add team, performing as the curator of best practices... read more
Maryam Chaney VP, Food & Beverage
Maryam Chaney’s mantra in her oversight of all things food and beverage is “Best Product, Best Process.” Her strength is... read more
Jessica Moyer VP, Learning & Development
Jessica is a seasoned restaurant operator and experienced developer of talent. Committed to producing results through... read more
Alonso Castaneda VP, Brand Development & Strategy
Alonso’s professional career began as a General Manager for Qdoba Mexican Grill in 1998. He excelled in this hype-growth... read more
Brandon Batt Director of People Operations
Brandon is a hospitality veteran with over 13 years of talent strategy, leadership, coaching, and customer service... read more
Savory Restaurant Fund Salaries
How much does Savory Restaurant Fund pay?
How much do people at Savory Restaurant Fund get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Savory Restaurant Fund is $74,951, or $36 per hour, while the estimated median salary is $217,668, or $104 per hour.
At Savory Restaurant Fund, the highest paid job is a Business Development Manager at $103,489 annually and the lowest is a Receptionist at $40,376 annually. Average Savory Restaurant Fund salaries by department include: Operations at $87,355, Business Development at $103,489, HR at $92,427, and Finance at $57,589. Half of Savory Restaurant Fund salaries are above $217,668.
52 employees at Savory Restaurant Fund rank their Compensation in the Top 25% of similar sized companies in the US (based on 105 ratings) while 52 employees at Savory Restaurant Fund rank their Perks And Benefits in the Top 35% of similar sized companies in the US (based on 104 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $98k | $98k | 1st Percentile |
25th Percentile $155k | $155k | 25th Percentile |
50th Percentile $203k | $203k | 50th Percentile |
75th Percentile $232k | $232k | 75th Percentile |
100th Percentile $325k | $325k | 100th Percentile |
$74,951*
Average Compensation
$217,668*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Savory Restaurant Fund Salaries by Department
Diversity & Inclusion at Savory Restaurant Fund
Diverse employees at Savory Restaurant Fund score the company 91/100 across various culture categories, placing Savory Restaurant Fund in the Top 10% of companies on Comparably with 51-200 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Savory Restaurant Fund across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Savory Restaurant Fund Perks & Benefits
HSA & Match
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Financial Benefits
- Performance Bonus
Office Perks
- Free Food
- Pet-Friendly
- Company Social Outings
- Unique Office Space
Savory Restaurant Fund PTO
Savory Restaurant Fund's PTO and Vacation policy typically gives unlimited days off a year.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Savory Restaurant Fund Careers
Savory Restaurant Fund Jobs
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Overview of Candidates Interested in Savory Restaurant Fund on Comparably
Candidates By Department
Finance | 100% |
|---|
Candidates By Location
Salt Lake City | 100% |
|---|
Frequently Asked Questions regarding Savory Restaurant Fund
What is Savory Restaurant Fund address?
Savory Restaurant Fund location is at 1557 W Innovation Way
Who is the CEO of Savory Restaurant Fund?
Savory Restaurant Fund CEO is Shauna Smith, their score by employees is 98
What is Savory Restaurant Fund eNPS?
The eNPS for Savory Restaurant Fund is 90
What is the salary for Sales Manager in Savory Restaurant Fund?
Sales Manager average salary in the US is 98k
What are the salaries in the Operations in Savory Restaurant Fund?
The average salaries for Operations in Savory Restaurant Fund is 87k
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