Bag Jewelry Salary

As of October 2026, the average hourly salary for employees at Bag Jewelry in the United States is $57. This translates to an approximate annual wage of $118,465. Salaries at Bag Jewelry typically range from $50 to $64 hourly, reflecting the diverse roles and experience levels within the company.
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Is Bag Jewelry’s Pay Competitive? Salary Benchmarking Analysis

How does Bag Jewelry's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
GADGIZ Galore $52
-8.4%
GADGIZ Galore operates with a leaner overhead structure, impacting base wage offers.
Powell Wholesale Co $44
-23.5%
Powell Wholesale Co focuses strategically on recruiting and training entry-level apprentices.
Fortunate Discoveries Inc $50
-12.7%
Normalized for lower cost-of-living zones where Fortunate Discoveries Inc primarily operates.
World Wholesale $52
-8.3%
World Wholesale likely leverages performance bonuses over the high base salary shown here.
Retail & Wholesale Industry $60
+4.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Bag Jewelry

Considering a career at Bag Jewelry? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The job is steady with a good work-life balance. A great place to grow in retail. The company values work-life balance and employee well-being. The Retail & Wholesale industry is fast-paced, but the company provides excellent training programs to help employees adapt. The work environment is structured, and processes are well-defined, which helps in daily operations.
Overall, a great place to build a career. The team here is collaborative and supportive. The benefits are standard, and the work is predictable. The work environment is neither overly stressful nor exceptionally exciting—it’s a standard corporate setting. Convenient location and flexible shifts. It’s a great place for retail professionals. Managers are approachable and encourage professional devel...
Working at this company has been a rewarding experience. The company provides necessary tools, and the workload is manageable. It’s a stable workplace with a focus on steady progress rather than rapid changes. The company also supports work-life balance with flexible shifts. It’s a reliable employer for those in retail and wholesale.
The company provides excellent training and career growth. Benefits such as health insurance and employee discounts are strong, and the workload is reasonable, promoting a healthy work-life balance. There’s a good balance between workload and support.
A top employer in the sector. Overall, it’s a supportive and forward-thinking workplace. While the workload can be busy, it’s manageable with proper planning. Consistent schedule, reliable pay. The workplace culture is energetic, and teamwork is highly encouraged.

Bag Jewelry Overview

Website
www.bagjewelry.com
Founded In
1986
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
62 W 47th St New York City New York NY 10036
Revenue
$10 Million - $50 Million
Phone Number
+1 2125752693
Social Media
About Bag Jewelry
We use the latest technology available in this industry such as stamping, casting and tubing processes which allow operating an extensive private label manufacturing operation for high-volume jewelry buyers. In variety of offered models we have found our matchless styles, harmoniously combining classical and modern designs, constantly expanding and updating. Currently we represent an extensive lin

What Benefits Does Bag Jewelry Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bag Jewelry offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Bag Jewelry.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Bag Jewelry, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Bag Jewelry salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bag Jewelry

1. What is the estimated average total compensation at Bag Jewelry?

Salary.com estimates that the average total compensation package at Bag Jewelry, which can include base salary, potential bonuses, and benefits, is around $57 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Bag Jewelry pay compared to GADGIZ Galore?

The average annual salary at Bag Jewelry is $118,465, or an hourly wage of $57, in comparison to GADGIZ Galore which pays $108,518 per year or $52 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Bag Jewelry?

Salary progression from an entry-level to a senior role at Bag Jewelry can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Bag Jewelry in New York is fair given the local cost of living?

To determine if a salary offer from Bag Jewelry in New York is fair, first compare the gross salary to our data for similar roles at Bag Jewelry and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

5. Are promotions at Bag Jewelry usually accompanied by a significant salary increase?

Yes, promotions at Bag Jewelry are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.