Saks OFF 5TH Increases Minimum Wage to $15 for Hourly Retail Sales Associates

Saks OFF 5th, premier luxury off-price destination, is continuing to support and invest in its people with wage increases, bonus opportunities and competitive benefit offerings. Effective immediately, Saks OFF 5TH is raising minimum base wages for all hourly store associates in North America to $15 per hour.

“The past 18 months have been like nothing we have seen before in retail and this increase in base pay is a testament to our associates’ collective commitment and dedication to our business,” said Rob Brooks, President, O5. “As we work toward creating the ultimate luxury off-price retailer, we are focused on investing in, and attracting the talent we need to drive our business forward.”

Additionally, to further recognize associates’ efforts as they navigated through an unprecedented time, the company is awarding hourly store associates an appreciation bonus of $500.  

As Saks OFF 5TH stores prepare for the holiday season, the company is…