Classic Gems Inc Salary

Classic Gems Inc Salary

How much does the Classic Gems Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Classic Gems Inc in the United States is $108,581. This translates to an approximate hourly wage of $52. Salaries at Classic Gems Inc typically range from $95,493 to $122,780 annually, reflecting the diverse roles and experience levels within the company. Classic Gems Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Classic Gems Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Classic Gems Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Classic Gems Inc

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

Is Classic Gems Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Classic Gems Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
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90k
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Average Salary ($/year)
Classic Gems Inc
Retail & Wholesale
Chimar Inc
Old America Stores Inc
Industry Comparison
Our data shows that, on average, compensation at Classic Gems Inc is below the average for the U.S. Retail & Wholesale industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Classic Gems Inc average annual salary with several similar companies. Classic Gems Inc average salary of $108,581 is higher than Chimar Inc, which has an average salary of $96,936. It is higher than Old America Stores Inc, with their average salary at $89,109. This places Classic Gems Inc in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Classic Gems Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Classic Gems Inc

Considering a career at Classic Gems Inc? 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.
Definitely a positive workplace. The benefits package is a strong advantage. Communication is clear, and the workload is reasonable. Overall, it’s a supportive and forward-thinking workplace. The hybrid work model (for corporate roles) is a great perk, allowing flexibility.
Commented in May 21, 2025
30
0
The pay is competitive for the industry, and bonuses are a nice perk. A great employer with a focus on employee satisfaction. Company cares about staff. I’ve developed both personally and professionally here. The employee recognition programs make you feel appreciated. The company provides excellent support for career development.
Commented in April 17, 2025
29
2
I also appreciate the training programs that help employees upskill. The team is collaborative, and management is supportive. Career growth is encouraged, making it a standout employer. The leadership team is transparent about company goals, and employees are recognized for their contributions. The company maintains a professional yet friendly atmosphere.
Commented in January 17, 2024
39
2

Classic Gems Inc Overview

Website
www.classicgemsnyc.com
Founded In
2003
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1040 45th Ave Long Island City New York NY 11101
Revenue
<$5 Million
Phone Number
+1 7183610643
Social Media
About Classic Gems Inc
At Classic Gems, we strive to mix the best of the old with the new. We have decades of experience selecting and cutting the highest-quality gems and then using them to handcraft one-of-a-kind pieces. Combining this experience with the latest technological advances enables us to offer to you unique jewelry designs at affordable prices, without compromising originality or quality.

What Benefits Does Classic Gems Inc Offer Beyond Salary?

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

1. What is the estimated average total compensation at Classic Gems Inc?

Salary.com estimates that the average total compensation package at Classic Gems Inc, which can include base salary, potential bonuses, and benefits, is around $108,581 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Classic Gems Inc pay compared to Chimar Inc?

The average annual salary at Classic Gems Inc is $108,581, or an hourly wage of $52, in comparison to Chimar Inc which pays $96,936 per year or $47 per hour.

3. Do salaries differ significantly between departments at Classic Gems Inc?

Yes, salaries often differ between departments at Classic Gems Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Classic Gems Inc?

Salary progression from an entry-level to a senior role at Classic Gems Inc 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.

5. How can I determine if a salary offer from Classic Gems Inc in New York is fair given the local cost of living?

To determine if a salary offer from Classic Gems Inc in New York is fair, first compare the gross salary to our data for similar roles at Classic Gems Inc 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.

6. Are promotions at Classic Gems Inc usually accompanied by a significant salary increase?

Yes, promotions at Classic Gems Inc 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.

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