Summit Jewelers Salary

As of October 2026, the average annual salary for employees at Summit Jewelers in the United States is $89,342. This translates to an approximate hourly wage of $43. Salaries at Summit Jewelers typically range from $78,577 to $101,026 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Summit Jewelers Pay for Different Roles?

Explore detailed salary information for specific jobs at Summit Jewelers. Based on our data, the highest paying job is the Sale Manager, with an annual salary of $108,725. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Summit Jewelers’s Pay Competitive? Salary Benchmarking Analysis

How does Summit Jewelers'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
Modern Gents Trading Co $95,269
+6.6%
Supported by Modern Gents Trading Co's high-margin contracts allowing higher overhead.
Rotary Gulf $88,487
-1.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Shop 112 LLC $77,654
-13.1%
Typical compensation structure for smaller regional agencies like Shop 112 LLC.
Kentucky Mustang Automotive $84,679
-5.2%
Normalized for lower cost-of-living zones where Kentucky Mustang Automotive primarily operates.
Retail & Wholesale Industry $123,318
+38.0%
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 Summit Jewelers

Considering a career at Summit Jewelers? 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 wholesale operations run smoothly, making daily tasks efficient. The company maintains a professional work setting. The leadership team is approachable, and there’s a strong focus on teamwork. The workplace is well-organized, and expectations are clearly communicated.
The benefits package is competitive, including health insurance and retirement plans. Career advancement is possible here if you’re proactive, and the HR team is very approachable. It’s a good option if you’re looking for a steady role without much fluctuation. The pay and benefits are competitive, and career growth is encouraged. I’ve gained valuable skills since joining. Enjoy working here.
The benefits package is a big plus. Employees are given the freedom to innovate, which keeps the work engaging. The culture is positive, and management truly listens to staff feedback. This company stands out in the retail industry for its employee-focused approach.

Summit Jewelers Overview

Website
www.summitjewelersstl.com
Founded In
1981
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
7821 Big Bend Blvd St. Louis Missouri MO 63119
Revenue
<$5 Million
Phone Number
+1 3149621400
Social Media
About Summit Jewelers
Summit Jewelers is locally owned and operated by Martin Hassing since 1979. We have a collective professional jewelry experience of 121 years! Our staff of six includes designers, jewelers, appraisers, and sales personnel that are passionate about their artistry and experience. Come in today to see the difference. Our knowledgeable staff is available to assist you in finding the perfect piece of j

What Benefits Does Summit Jewelers Offer Beyond Salary?

A competitive compensation package is more than just a salary. Summit Jewelers 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 Saint Louis?

Understanding the cost of living near Saint Louis is key to truly evaluating a salary offer or your current compensation at Summit Jewelers.
Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). Major city, Gateway Arch, affordable housing, MetroLink/Bus. When planning your budget based on a salary from Summit Jewelers, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Summit Jewelers salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $78 (Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,208 - $3,548+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Summit Jewelers

1. What is the average salary for employees at Summit Jewelers?

The average annual total compensation for employees at Summit Jewelers is approximately $89,342. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,577 to $101,026, depending on factors like job role, experience, and location.

2. How much does Summit Jewelers pay compared to Modern Gents Trading Co?

The average annual salary at Summit Jewelers is $89,342, or an hourly wage of $43, in comparison to Modern Gents Trading Co which pays $95,269 per year or $46 per hour.

3. How does having a professional certification impact salary for relevant roles at Summit Jewelers?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Summit Jewelers for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Summit Jewelers offer cost-of-living adjustments (COLA) for employees in high-cost areas like Saint Louis?

While some companies offer formal COLA, many, including potentially Summit Jewelers, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Summit Jewelers?

Most companies, likely including Summit Jewelers, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.