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Saks Overview

Saks Fifth Avenue is an American chain of luxury department stores owned, since 2013, by the oldest commercial corporation in North America, the Hudson's Bay Company. Its main flagship store is located on Fifth Avenue in Midtown Manhattan, New York City.
The staff at Saks come from unusually diverse demographic backgrounds. The company is 61.1% female and 41.8% ethnic minorities. Saks employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 62.9% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Saks seem to be happy. The company has great employee retention with staff members usually staying for 3.4 years. The average employee at Saks makes $54,008 per year, which is quite competitive for its location and industry. In comparison, some of its highest paying competitors, like Bloomingdale's, Circuit City, and Saks Fifth Avenue, pay $48,656, $48,373, and $46,771, respectively.
Saks is an industry leader with 12,900 employees and an annual revenue of $3.1T that is headquartered in New York, NY.

The Organization’s Mission

To inspire customer confidence and style with every Saks shopping experience.

Industry

Department Store

Revenue

$3.1T

Employees

12,900

Founded in

1998

Headquarters

New York, NY

Website

saksincorporated.com

Organization Type

Private

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The Team At Saks

Key People
  • Stephen Sadove (Chairman and CEO)
  • Kevin Wills (CFO)

What do people say about Saks

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Saks Rankings

Saks is ranked #17 on the Best Retail Companies to Work For in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Saks Salaries

How much does Saks pay?
The national average salary for a Saks employee in the United States is $54,008 per year. Employees in the top 10 percent can make over $97,000 per year, while employees at the bottom 10 percent earn less than $30,000 per year.
8.4
Salary Score
Average Employee Earnings

Saks Salaries By Job Title

While the average employee salary at Saks is $54,008, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Saks include senior systems engineer, architect and developer, database developer, and software engineer. A typical senior systems engineer salary at Saks is $122,544 per year. To get a better sense of the salaries at Saks, other roles such as service specialist and cashier can be considered as well. For comparison, the title service specialist at Saks earns $25,658 per year.
Job Title
Title
ascdesc
Average Salarydesc
Senior Systems Engineer
Salary Range113k - 131k$123k$122,544
Architect And Developer
Salary Range111k - 125k$119k$118,727
Database Developer
Salary Range102k - 114k$108k$108,306
Software Engineer
Salary Range80k - 112k$95k$95,029
BI Consultant
Salary Range86k - 104k$95k$94,992
Database Administrator
Salary Range82k - 108k$95k$94,637
Unix Systems Administrator
Salary Range84k - 97k$91k$90,779
Directory Operator
Salary Range59k - 109k$81k$80,568
Sales Manager
Salary Range64k - 93k$78k$78,001
Quality Assurance Analyst
Salary Range64k - 76k$70k$70,046
$37k
$131k

Saks Careers

On average, employees at Saks stay with the company for 3.4 years. Employees most commonly join Saks after leaving Macy's. When they leave Saks, they most frequently get their next job at Comcast.

Average Length of Employment

Saks
3.4 years
Stage Stores
2.4 years

Top Employers Before Saks

Macy's
15.0 %
Nordstrom
11.9 %
Walmart
7.7 %

Top Employers After Saks

Comcast
12.0 %
Macy's
8.0 %

Saks Employee Demographics

9.7
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Saks Employees Education

Of the 12,900 employees at Saks, 25.8% attended Jackson State University. Employees at Saks most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Saks Employee Political Affiliation

Saks employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Saks employee was by Toni Marx. Toni Marx donated $25,227 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Toni MarxOwner
Toni Marx
Owner
Owner
Democratic Party
Democratic Party
$25,227Democratic Party
$25,227
Brad MartinChief Executive Officer
Brad Martin
Chief Executive Officer
Chief Executive Officer
Republican Party
Republican Party
$18,100Republican Party
$18,100
Stephen SadoveVice Chairperson
Stephen Sadove
Vice Chairperson
Vice Chairperson
Democratic Party
Democratic Party
$8,500Democratic Party
$8,500
Herman HooyerSaks Gerrits Appliance, Inc.
Herman Hooyer
Saks Gerrits Appliance, Inc.
Saks Gerrits Appliance, Inc.
Republican Party
Republican Party
$5,200Republican Party
$5,200
Elizabeth OrdanSales
Elizabeth Ordan
Sales
Sales
Democratic Party
Democratic Party
$5,200Democratic Party
$5,200
William HaslamExecutive
William Haslam
Executive
Executive
Republican Party
Republican Party
$5,000Republican Party
$5,000
Eric HynumSoftware Developer
Eric Hynum
Software Developer
Software Developer
Republican Party
Republican Party
$3,650Republican Party
$3,650
Peter MarxMerchant
Peter Marx
Merchant
Merchant
Democratic Party
Democratic Party
$2,700Democratic Party
$2,700
Kevin WillsChief Finance Officer
Kevin Wills
Chief Finance Officer
Chief Finance Officer
Republican Party
Republican Party
$2,500Republican Party
$2,500
Jolanthe SaksOwner
Jolanthe Saks
Owner
Owner
Republican Party
Republican Party
$1,600Republican Party
$1,600
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Saks Employment Videos

Saks Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1998

Organization type

Private

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Saks Competitors

Based on our research, similar companies to Saks are Bloomingdale's, Circuit City, and Saks Fifth Avenue. The average salaries at Bloomingdale's rank the highest, with their employees earning an average salary of $48,656 per year. The employees at Circuit City earn an average yearly salary of $48,373 per year, and the salaries at Saks Fifth Avenue average $46,771 per year.
Companydesc
Average Salarydesc
Bloomingdale's
Salary Range34k - 69k$49k$48,656
Circuit City
Salary Range35k - 65k$48k$48,373
Saks Fifth Avenue
Salary Range32k - 66k$47k$46,771
rag & bone
Salary Range34k - 63k$47k$46,600

Bergdorf Goodman

Salary Range32k - 61k$45k$44,943
Prada USA
Salary Range31k - 62k$45k$44,562
Men's Wearhouse
Salary Range31k - 61k$44k$44,046
Perry Ellis International
Salary Range30k - 62k$44k$43,829

Ben Bridge Jeweler

Salary Range32k - 57k$44k$43,517
Lord & Taylor
Salary Range29k - 59k$42k$42,177
$24k
$69k

Frequently Asked Questions about Saks

When was Saks founded?

Saks was founded in 1998.

How many Employees does Saks have?

Saks has 12,900 employees.

How much money does Saks make?

Saks generates $3.1T in revenue.

What industry is Saks in?

Saks is in the department store industry.

What is Saks's mission?

Saks's mission statement is "To inspire customer confidence and style with every Saks shopping experience."

What type of company is Saks?

Saks is a private company.

Who are Saks's competitors?

Saks competitors include Bergdorf Goodman, Barneys New York, Stage Stores, Neiman Marcus Group, Bloomingdale's, Lord & Taylor, Saks Fifth Avenue, COUNTRY CURTAINS, rag & bone, The Bon-Ton, FLEET FEET, Burberry, Prada USA, Men's Wearhouse, The Donna Karan Company, Michael Kors, Ben Bridge Jeweler, Bon Marche, Circuit City, Perry Ellis International.

Who works at Saks?

Stephen Sadove (Chairman and CEO)

Kevin Wills (CFO)

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Saks, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Saks. The employee data is based on information from people who have self-reported their past or current employments at Saks. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Saks and its employees or that of Zippia.

Saks may also be known as or be related to SAKS INC, Saks, Saks Fifth Avenue, Saks Incorporated and Saks, Inc.