VP, Compensation

Job Description:

Salary Range: $260,000 - $337,000*

WHO WE ARE:

Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Its retail portfolio includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce experiences. With talented colleagues focused on delivering on our strategic vision, The Art of You, Saks Global is redefining luxury shopping by offering each customer a personalized experience that is unmistakably their own. By leveraging the most comprehensive luxury customer data platform in North America, cutting-edge technology, and strong partnerships with the world's most esteemed brands, Saks Global is shaping the future of luxury retail.

Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship properties and represents nearly 13 million square feet of prime U.S. real estate holdings and investments in luxury markets. 

YOU WILL BE: 

The Vice President, Compensation is a strategic and hands-on leader responsible for designing and executing a cohesive compensation strategy across the Saks Global portfolio of brands. Balancing creativity with analytical rigor, this leader operates as both a strategic architect and pragmatic problem solver—translating business complexity into simple, scalable, and globally aligned pay solutions. The VP ensures compensation programs reinforce performance, profitability, and the company’s commitment to the employee experience.

WHAT YOU WILL DO:

• Lead the global design, governance, and delivery of compensation programs spanning executive, corporate, retail, and global populations

• Advise stakeholders on pay philosophy, competitiveness, equity, and compliance

• Partner with People Business Partners and business leaders to align compensation with business priorities

• Solve complex organizational and market challenges through analytical insight, market best practices and business acumen

• Simplify and scale compensation processes, systems, and tools to enable agility and data-driven decision-making

• Oversee market intelligence and benchmarking to inform strategic decisions

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

WHAT YOU WILL BRING: 

• Bachelor’s Degree

• 12+ years of progressive compensation experience, including leadership of global or enterprise-scale programs

• Deep expertise in compensation, job architecture, and incentive design

• Proven ability to develop and execute compensation strategies that balance competitiveness, cost management, and internal equity

• Strong business and financial acumen, with the ability to translate analytics into actionable insights

• Exceptional communication and influencing skills; able to present complex concepts to senior executives

• Experience managing and developing high-performing teams

• Comfortable to work up to 4 days a week in our NYC office

Preferred Qualifications:

• Experience advising board level Compensation Committees, including preparing materials, insights, and recommendations

• Experience in the luxury retail, fashion, or consumer sectors

• Familiarity with Workday or similar HRIS and compensation planning systems

• Advanced degree or certification

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. We look forward to reviewing your application.

Saks provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Saks complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Saks welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.

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.

*The above expected salary range may have some variability based upon factors including, but not limited to, a candidate’s overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.