Director, Compensation

Salary Range $166,000 - $216,000*

Job Description:

WHO WE ARE

Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman and Saks OFF 5TH. Powered by our talented colleagues, we are redefining luxury shopping by offering each customer a personalized experience across our store network and e-commerce platforms. Through strong partnerships with the world’s most esteemed brands, cutting-edge technology and the industry’s most comprehensive luxury customer data, Saks Global is shaping the future of retail.

YOU WILL BE

As the Director of Compensation, you will design, implement, and govern comprehensive compensation strategies that attract and retain top-tier talent across our diverse ecosystem—spanning corporate headquarters, luxury retail stores, and high-volume distribution/fulfillment centers.

Serving as a strategic partner to leadership and HR business partners, you will own all aspects of broad-based compensation, market pricing, annual merit cycles, and incentive plan design. This role focuses entirely on non-executive compensation, ensuring equity, competitive positioning, and operational excellence.

WHAT YOU WILL DO

• Strategic Market Positioning & Benchmarking

  • Omnichannel Architecture: Design and maintain distinct compensation structures tailored to our three primary workforces: Corporate (HQ), Retail Field , and Logistics (DC/FC).

  • Market Intelligence: Lead the annual participation in luxury retail and general industry compensation surveys. Analyze market trends and data to ensure competitive positioning.

  • Pay Structures: Establish and evolve geographic differentials, salary bands, and hourly wage structures that reflect local market pressures and economic shifts.

  • Manage market pricing of new roles and ongoing updates to pay ranges

• Program Management & Annual Cycles

  • Merit & Bonus Planning: Own the end-to-end execution of the annual merit review, cost-of-living adjustments (COLA), and store incentive/bonus planning cycles.

  • Retail Incentives: Partner with Retail Leadership to evaluate, audit, and optimize sales commission structures,, and store bonus and commission programs to drive sales DC/FC Wage Strategies: Design and manage progressive wage scales, shift differentials, and peak-season premium pay strategies for fulfillment center populations.

• Compliance, Governance & Audits

  • Pay Equity: Conduct regular internal equity analyses and comprehensive audits to ensure fair pay practices and compliance with evolving global, federal, state, and local labor laws.

  • FLSA & Job Classification: Oversee the evaluation and classification of new and existing roles, ensuring robust job descriptions and compliance with FLSA regulations.

  • Budgeting & Reporting: Partner with Finance to forecast compensation spend, model the financial impact of plan changes, and deliver regular analytics. 

• Team Leadership

  • Build and lead a high-performing team that demonstrates partnership, operational excellence and accountability

WHAT YOU WILL BRING

Required Qualifications (Minimum Requirements):

• Experience: 10+ years of progressive experience in compensation management

• Technical Savvy: Advanced Excel skills (modeling, macros, complex formulas) and deep experience working with modern HRIS platforms (e.g., Workday, SuccessFactors) and compensation market pricing software (e.g., MarketPay, Payfactors).

• Compensation Market Data: Experience working with compensation consulting firms and market pricing/data

• Education/Certifications: Bachelor’s degree in HR, Finance, Business Administration, or related field. Certified Compensation Professional (CCP) designation is a strong plus.

Preferred Qualifications (nice to haves):

• Retail or eCommerce experience including corporate, stores commission plans

YOUR LIFE AND  CAREER AT SAKS GLOBAL:

• Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation 

• Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate 

• Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental)

• An amazing employee discount

 

Benefits: We offer the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, basic life insurance, supplemental life insurance, disability insurance, and a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance). 

Thank you for your interest with Saks Global. We look forward to reviewing your application. 

Saks Global is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with Saks Global and would like to request special assistance or an accommodation, please contact your recruiter.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Compensation for this role varies by geographic location. The listed range reflects multiple markets, including higher-cost areas. Actual starting pay will be determined based on work location, experience, and other job-related factors.