Bringing in the most money are Information Security Managers — their earnings average $123K per year. Retail Store Managers are a close second at $86K along with Apparel Technical Designers (approximately $83K) and Assistant Store Managers (about $61K). Financial compensation for Area Sales Managers is rather low — on average only around $36K — relative to the rest of the company.
Years of Experience
Respondents who have been working for five to nine years make $55K annually on average. Those with one to four years of experience at the company can expect to make about $46K per year on average. The largest fraction of Belk, Inc. people (32 percent) have been working for 10-19 years and earn $93K annually on average.
When it comes to location, the highest average paycheck ($88K per year) can be spotted in Charlotte, N.C.; Dallas, Texas (approximately $66K), Knoxville, Tenn. ($50K), and Winston-Salem, N.C. (around $48K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Ridgeland, Miss. — at approximately $35K, salaries are some of the lowest in the country. Within the firm, employees working in Texas take home the most — $66K annually on average.
Certifications and Degrees
Certified Information Systems Security Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to around $122K per year. Becoming a Project Management Professional can certainly pay off here; those folks make $113K on average. The highest-paying degree here is a Bachelor's Degree; Belk, Inc. awards about $51K to these degree-holders.
The highest-paying skill to have in this role seems to be Operations Management; employees claiming this as part of the toolbox earn a median of $65K annually. Folks here also tend to know Customer Service; on the survey, nearly one in four of workers named it in their skills portfolios. Employees also tend to round out their skills sets with Leadership, Merchandising, and Sales Management.
Benefits and Perks
The company is somewhat lacking in the benefits department, and only two-fifths of respondents report compensation for sick days and vacation time. A fair number of survey participants take advantage of the 401(k) plan that Belk, Inc. sponsors. Health insurance comes as part of the deal for a solid majority of respondents, and a fair number of employees report receiving dental coverage as well. Advantages of working here also include life insurance, relocation expenses, and flexible hours.