S-Schnitzer Diamonds Salary

How much does the S-Schnitzer Diamonds Pay for employees?

As of August 2026, the average annual salary for employees at S-Schnitzer Diamonds in the United States is $114,119. This translates to an approximate hourly wage of $55. Salaries at S-Schnitzer Diamonds typically range from $100,332 to $129,121 annually, reflecting the diverse roles and experience levels within the company. S-Schnitzer Diamonds’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.
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Current Job Openings at S-Schnitzer Diamonds

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Is S-Schnitzer Diamonds’s Pay Competitive? Salary Benchmarking Analysis

How does S-Schnitzer Diamonds’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
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Average Salary ($/year)
S-Schnitzer Diamonds
Retail & Wholesale
Hartford Gold Group LLC
Pacula Gough Diamond Corp Inc
Industry Comparison
Our data shows that, on average, compensation at S-Schnitzer Diamonds is below the average for the U.S. Retail & Wholesale industry by approximately 7%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared S-Schnitzer Diamonds average annual salary with several similar companies. S-Schnitzer Diamonds average salary of $114,119 is higher than Hartford Gold Group LLC, which has an average salary of $106,820. It is higher than Pacula Gough Diamond Corp Inc, with their average salary at $89,320. This places S-Schnitzer Diamonds in a competitive position among its peers.
See Your True Competitors
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Employee Reviews: Working at S-Schnitzer Diamonds

Considering a career at S-Schnitzer Diamonds? 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 workplace operates smoothly with clear procedures. The retail environment is clean, and schedules are consistent. Coworkers are helpful, and shifts are consistent. This company values its employees. The work culture is inclusive, and teamwork is emphasized.
It has a standard retail hours. Management is open to feedback, and the benefits are competitive. Company invests in employee development. Work environment is okay. A solid employer in the industry. I’ve grown professionally since joining this company.
While not overly dynamic, it’s a dependable employer. Employee recognition programs are a nice touch. There are clear career progression paths, and management is supportive of professional development. Colleagues are professional, and management keeps employees informed.

S-Schnitzer Diamonds Overview

Website
www.sschnitzer.com
Founded In
1960
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
50 W 47th St New York City New York NY 10036
Revenue
$10 Million - $50 Million
Phone Number
+1 2123986933
Social Media
About S-Schnitzer Diamonds
At S. Schnitzer Diamonds Ltd., we manufacture round and fancy cuts from 10 points up to 20 carats. We are one of Israel's leading diamond manufacturers and exporters with offices in Ramat Gan, New York, Hong Kong and Shanghai. With many decades of experience in the diamond trade, we have developed a wide range of sources of rough diamonds. And that is a significant advantage in enabling us to supp

What Benefits Does S-Schnitzer Diamonds Offer Beyond Salary?

A competitive compensation package is more than just a salary. S-Schnitzer Diamonds 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 S-Schnitzer Diamonds.
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 S-Schnitzer Diamonds, 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 S-Schnitzer Diamonds 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 S-Schnitzer Diamonds

1. How much does a S-Schnitzer Diamonds employee make?

S-Schnitzer Diamonds pays its employees an average of $114,119 per year. The average salary at S-Schnitzer Diamonds range from $100,332 to $129,121 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 S-Schnitzer Diamonds?

The salary at S-Schnitzer Diamonds is higher than the similar company. The average annual salary at S-Schnitzer Diamonds is $114,119, or an hourly wage of $55, in comparison to Hartford Gold Group LLC which pays $106,820 per year or $51 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at S-Schnitzer Diamonds?

In many roles at S-Schnitzer Diamonds, 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.

4. How does the cost of living near New York affect the perceived value of a S-Schnitzer Diamonds 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 S-Schnitzer Diamonds based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does S-Schnitzer Diamonds typically offer employees?

S-Schnitzer Diamonds 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 S-Schnitzer Diamonds" section on this page.