Expected earnings are below average (approximately $40K) in Los Angeles, Calif., one of the lowest-paid cities. By state, the highest pay levels are found in New York, where the average Neiman Marcus Group Inc. employee makes about $167K per year.
Years of Experience
Workers who have been with the company for more than one year but less than five can make $49K annually on average. When we consider tenure, a substantial portion of employees (38 percent) have been working for five to nine years and make $61K per year on average.
Budget Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $92K annually — though Human Resources Managers, Senior Merchandise Planners, and Computer Aided Design Drafters also do fairly well at around $63K, approximately $57K, and $55K, respectively. Near the bottom at Neiman Marcus Group Inc. are Assistant Buyers, pulling in an average of just $44K.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Project Management Professionals, who make around $130K per year. Acquiring certification to be a Certified Public Accountant is rewarded with median pay of about $92K annually. At Neiman Marcus Group Inc., employees who hold a Master of Accounting (MAcc) receive the highest salaries at $92K.
The best-paying skill to have in this role appears to be Project Management; employees who claim this ability report median compensation of $119K per year. A skill that is commonly seen around here is Microsoft Excel; a little less than a fifth deem it necessary for work. Some other standard skills here are Merchandising, Employee Relations, and Data Analysis.
Benefits and Perks
The company pays out both vacation time and sick leave for only 30 percent. A large number of employees plan for retirement by taking advantage of the company-sponsored 401(k) program. Health insurance comes as part of the deal for a large number of workers, and most workers report receiving dental coverage as well. Neiman Marcus Group Inc. folks also make good use of a casual working environment, tuition reimbursement, life insurance, and a company cell phone.