Saks OFF 5TH Salary

Saks OFF 5TH Salary

How much does the Saks OFF 5TH Pay for employees?

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As of August 2026, the average hourly salary for employees at Saks OFF 5TH in the United States is $57. This translates to an approximate annual wage of $119,298. Salaries at Saks OFF 5TH typically range from $50 to $65 hourly, reflecting the diverse roles and experience levels within the company. Saks OFF 5TH’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 Saks OFF 5TH Pay for Different Roles?

Explore detailed salary information for specific jobs at Saks OFF 5TH. 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 Saks OFF 5TH

Ready for your next career move? Explore current job openings at Saks OFF 5TH. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Saks OFF 5TH’s Pay Competitive? Salary Benchmarking Analysis

How does Saks OFF 5TH’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Saks OFF 5TH
Retail & Wholesale
Price Chopper Supermarkets( 8648 State Route 22, Granville
Food Business Gulf & Middle East
Industry Comparison
Our data shows that, on average, compensation at Saks OFF 5TH is below the average for the U.S. Retail & Wholesale industry by approximately 3%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Saks OFF 5TH average annual salary with several similar companies. Saks OFF 5TH average salary of $119,298 is higher than Price Chopper Supermarkets( 8648 State Route 22, Granville, which has an average salary of $99,468. It is higher than Food Business Gulf & Middle East, with their average salary at $100,164. This places Saks OFF 5TH in a competitive position among its peers.
See Your True Competitors
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Companies Similar to Saks OFF 5TH and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Saks OFF 5TH. Click a company name to learn more.

Employee Reviews: Working at Saks OFF 5TH

Considering a career at Saks OFF 5TH? 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 work culture is positive, making every day enjoyable. The workplace culture is positive, with team events that build camaraderie. Friendly coworkers and positive environment. Overall, it’s a supportive and rewarding workplace. I’ve grown professionally here and would recommend it to others in the industry.
Commented in April 03, 2025
37
2
The training programs are thorough, and career advancement is possible for motivated individuals. Management is supportive, and there’s a strong emphasis on work-life balance. Career growth is encouraged. Work-life balance is respected, making it a great long-term career option. A fantastic workplace for driven professionals. Coworkers are easy to work with, and management is responsive.
Commented in February 05, 2025
33
0
The company follows fair policies, and the team is cooperative. The company supports professional development, making it a great long-term fit. Team collaboration is strong, and there are frequent opportunities for professional development through workshops and mentorship programs. Enjoy the flexible shifts. Workload is consistent, and supervisors provide adequate guidance.
Commented in January 19, 2024
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1

Saks OFF 5TH Overview

Website
www.saksoff5th.com
Founded In
1990
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
225 Liberty St New York City New York NY 10281
Revenue
$10 Million - $50 Million
Phone Number
+1 2126340730
Social Media
About Saks OFF 5TH
Saks Off 5th, formerly Saks Fifth Avenue Off 5th, is an American off-price department store chain founded in 1990, and a subsidiary of the luxury department store chain Saks Fifth Avenue. Since 2013, both Saks Off 5th and Saks Fifth Avenue have been owned by the Hudson's Bay Company (HBC), along with HBC's namesake Canadian department stores. It is comparable to other off-price stores including No

What Benefits Does Saks OFF 5TH Offer Beyond Salary?

A competitive compensation package is more than just a salary. Saks OFF 5TH 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 Saks OFF 5TH.
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 Saks OFF 5TH, 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 Saks OFF 5TH 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 Saks OFF 5TH

1. How much does a Saks OFF 5TH employee make?

Saks OFF 5TH pays its employees an average of $57 per hour. The average salary at Saks OFF 5TH range from $50 to $65 per hour. 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 Saks OFF 5TH?

The salary at Saks OFF 5TH is higher than the similar company. The average annual salary at Saks OFF 5TH is $119,298, or an hourly wage of $57, in comparison to Price Chopper Supermarkets( 8648 State Route 22, Granville which pays $99,468 per year or $48 per hour.

3. How much does a President & Chief Executive Officer typically earn at Saks OFF 5TH?

A President & Chief Executive Officer at Saks OFF 5TH typically earns an average hourly base salary of around $444, with a general range of $339 to $560.

4. Do employees with advanced degrees (Master's, PhD) earn more at Saks OFF 5TH?

In many roles at Saks OFF 5TH, 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 Saks OFF 5TH 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 Saks OFF 5TH 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 Saks OFF 5TH typically offer employees?

Saks OFF 5TH 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 Saks OFF 5TH" section on this page.

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