Paramount Gems Salary

Paramount Gems Salary

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As of April 2026, the average annual salary for employees at Paramount Gems in the United States is $108,507. This translates to an approximate hourly wage of $52. Salaries at Paramount Gems typically range from $95,429 to $122,707 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Paramount Gems Pay for Different Roles?

Explore detailed salary information for specific jobs at Paramount Gems. Based on our data, the highest paying job is the Business Development Manager, with an annual salary of $136,048. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Paramount Gems

Ready for your next career move? Explore current job openings at Paramount Gems. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Paramount Gems’s Pay Competitive? Salary Benchmarking Analysis

How does Paramount Gems'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
Ketchum Manufacturing $90,428
-16.7%
Ketchum Manufacturing operates with a leaner overhead structure, impacting base wage offers.
Car Leader $106,904
-1.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
T & T Landscaping $88,023
-18.9%
Typical compensation structure for smaller regional agencies like T & T Landscaping.
Y&h $91,092
-16.0%
Y&h focuses strategically on recruiting and training entry-level apprentices.
Retail & Wholesale Industry $123,318
+13.6%
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.

How Paramount Gems's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Paramount Gems. Click a company name to learn more.

Employee Reviews: Working at Paramount Gems

Considering a career at Paramount Gems? 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 company’s reputation in retail is strong, making it a desirable employer. The company follows industry standards, making it a safe choice for employment. It’s a good fit if you prefer predictability in your role. The team is cooperative, and management maintains a professional atmosphere. Benefits like health insurance and bonuses make it a rewarding workplace.
Commented in February 27, 2025
46
0
The company has a solid reputation in the Retail & Wholesale industry. I appreciate the open communication from leadership. The company operates smoothly, with structured processes in place. I’ve had a fulfilling experience here. This company excels in fostering a supportive and dynamic workplace. Management is approachable, and the culture is positive. The retail team works well under pressure, a...
Commented in October 03, 2024
38
2
A stable option in the retail sector. While there aren’t many flashy perks, the job security and structured workflow make it a reliable place to work. The Retail & Wholesale industry has its challenges, but this company manages them well. A great employer with a focus on team success.
Commented in January 16, 2024
9
0

Paramount Gems Overview

Website
www.paramountgems.com
Founded In
1978
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
36 W 44th St New York City New York NY 10036
Revenue
<$5 Million
Phone Number
+1 2122211520
Social Media
About Paramount Gems
Paramount Gems is a 7th-generation family-owned diamond and jewelry business that has established a strong base in New York since 1978 and has been expanding internationally ever since, with offices in Hong Kong, Canada, Pune and Mumbai. Paramount Gems is highly committed to creativity, integrity and excellence in the diamond and jewelry trade. This commitment to excellence has qualified Paramount

What Benefits Does Paramount Gems Offer Beyond Salary?

A competitive compensation package is more than just a salary. Paramount Gems 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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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 Paramount Gems.
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 Paramount Gems, 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 Paramount Gems 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 Paramount Gems

1. How much does a Paramount Gems employee make?

Paramount Gems pays its employees an average of $108,507 per year. The average salary at Paramount Gems range from $95,429 to $122,707 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Paramount Gems?

The salary at Paramount Gems is higher than the similar company. The average annual salary at Paramount Gems is $108,507, or an hourly wage of $52, in comparison to Ketchum Manufacturing which pays $90,428 per year or $43 per hour.

3. How much does a Business Development Manager typically earn at Paramount Gems?

A Business Development Manager at Paramount Gems typically earns an average annual base salary of around $136,048, with a general range of $119,395 to $152,912.

4. Do employees with advanced degrees (Master's, PhD) earn more at Paramount Gems?

In many roles at Paramount Gems, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near New York affect the perceived value of a Paramount Gems salary?

New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from Paramount Gems based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Paramount Gems typically offer employees?

Paramount Gems generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Paramount Gems" section on this page.

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