How much do SoulCycle instructors make in NYC?
How much do SoulCycle instructors make in NYC?
Instructors do not get benefits and are often running between multiple studios in order to pull together a reasonable salary. By contrast, soul instructors are paid ~$150 a class with full benefits as a starting salary and the rumors are the most popular instructors are paid over $1000 per class.
Who owns SoulCycle?
Equinox Group
SoulCycle/Parent organizations
SoulCycle is a fitness company owned by Equinox Group which offers indoor cycling and spinning workout classes. It was founded in 2006, and has operations in the United States, Canada, and the United Kingdom. In early 2020, before the COVID-19 pandemic, it operated 99 studios.
Who is Soul Cycles target market?
With prices at the high end of the boutique fitness market (about $30 per class), SoulCycle is targeting a narrow segment of affluent fitness enthusiasts. Still, thus far, they’ve maintained relevance based on their unique proposition.
How much do SoulCycle studio crew members make?
SoulCycle Salaries
Job Title | Salary |
---|---|
Studio Crew salaries – 6 salaries reported | $14/hr |
Cleaning Staff salaries – 5 salaries reported | $16/hr |
Assistant Manager salaries – 5 salaries reported | $26/hr |
Instructor salaries – 4 salaries reported | $74/hr |
How much do peloton instructors get paid?
How Much Do Peloton Instructors Make? Although Peloton is not officially disclosing salaries, it is believed that the instructors make $500 to $750 per class. With 10 to 15 classes taught in a week, an instructor could rake in up to $585.000 annually (52 weeks/year * 15 classes/week * 750$).
Is SoulCycle still in business?
In light of the ongoing Coronavirus (COVID-19) developments and government mandates, keeping our riders, instructors, and staff safe is our absolute top priority. Effective March 16, by 8pm local time, we’re closing all studios in the US and Canada.
What was peloton’s IPO?
$29 per share
Connected-fitness company Peloton Interactive (NASDAQ:PTON) went public on Sept. 26, 2019, and the initial public offering (IPO) was an overwhelming dud. The IPO was priced at $29 per share, which was at the high range of expectations.