Sumit Diamond Salary

Sumit Diamond Salary

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As of April 2026, the average annual salary for employees at Sumit Diamond in the United States is $116,619. This translates to an approximate hourly wage of $56. Salaries at Sumit Diamond typically range from $102,503 to $131,999 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Sumit Diamond

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

Is Sumit Diamond’s Pay Competitive? Salary Benchmarking Analysis

How does Sumit Diamond'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
Arcet Beverage Carbonation $100,881
-13.5%
Arcet Beverage Carbonation likely leverages performance bonuses over the high base salary shown here.
Jewel Kade $88,719
-23.9%
Typical compensation structure for smaller regional agencies like Jewel Kade.
Satin Doll Enterprises Inc $108,803
-6.7%
Normalized for lower cost-of-living zones where Satin Doll Enterprises Inc primarily operates.
Troy Diamond Operations LLC $98,001
-16.0%
Troy Diamond Operations LLC operates with a leaner overhead structure, impacting base wage offers.
Retail & Wholesale Industry $123,318
+5.7%
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 Sumit Diamond's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Sumit Diamond

Considering a career at Sumit Diamond? 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 fosters a positive and inclusive culture. The training programs are top-notch, and there’s always room to learn. The team is talented, and the culture is inclusive. Career growth is encouraged, making it a standout employer.
Commented in May 15, 2025
47
0
I’ve been promoted twice since joining, showing the company’s commitment to growth. Colleagues are professional, and management keeps employees informed. The team is collaborative, and management is invested in employee well-being. The company invests in employee development through workshops and certifications. The company values feedback and makes improvements based on it. Work environment is ok...
Commented in August 18, 2024
36
3
The benefits are excellent, and the team feels like family. The company culture is inclusive and motivating. Definitely a positive workplace. The workload is manageable, and the teams are structured well.
Commented in July 20, 2024
36
1
The leadership team is transparent about company goals, and employees are given opportunities to contribute ideas. Enjoy the daily challenges. The retail side is fast-paced but rewarding. I genuinely enjoy working here.
Commented in June 19, 2024
50
2
The pay is competitive, and there are frequent recognition programs for top performers. It’s a standard retail job with reasonable expectations. Everyone works together to achieve goals, and management is supportive.
Commented in March 23, 2024
41
2

Sumit Diamond Overview

Website
www.sumitdiamond.com
Founded In
1935
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
592 5th Ave New York City New York NY 10036
Revenue
$10 Million - $50 Million
Phone Number
+1 2129218638
Social Media
About Sumit Diamond
Sumit Diamond Corporation is now a diversified manufacturing and service company that, through its affiliates, purchases rough diamonds from direct sources. After cutting and polishing those diamonds, it manufactures finished exclusive jewelry products, which it wholesales directly to retailers. Its diamond-cutting factory is located in Bombay, India and occupies 40,000 square feet and employs app

What Benefits Does Sumit Diamond Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sumit Diamond 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)
Work at Sumit Diamond?
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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 Sumit Diamond.
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 Sumit Diamond, 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 Sumit Diamond 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 Sumit Diamond

1. What is the typical salary range (low to high) for most roles at Sumit Diamond?

The typical annual salary range for most roles at Sumit Diamond is approximately from $102,503 to $131,999. 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. How much does Sumit Diamond pay compared to Arcet Beverage Carbonation?

The average annual salary at Sumit Diamond is $116,619, or an hourly wage of $56, in comparison to Arcet Beverage Carbonation which pays $100,881 per year or $49 per hour.

3. How does experience level affect salary at Sumit Diamond?

Experience level is a significant factor in determining salary at Sumit Diamond, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

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

To determine if a salary offer from Sumit Diamond in New York is fair, first compare the gross salary to our data for similar roles at Sumit Diamond 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. What factors influence salary increases at Sumit Diamond?

Salary increases at Sumit Diamond are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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