Inventory Clerk Salary
|Salary||$21,433 - $50,336|
|Bonus||$248.32 - $2,060|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$21,871 - $41,516|
|Hourly Rate||$10.31 - $18.18|
|Overtime||$16.01 - $27.39|
|Bonus||$248.32 - $2,060|
|Total Pay (||$21,871 - $41,516|
Job Description for Inventory Clerk
An inventory clerk can have a variety of responsibilities based on the hiring company and their specific job description. In general, however, an inventory clerk works with stored goods in a warehouse environment, facilitating the movement of goods going out to customers and coming in for use. They also help track and keep accurate counts of items on hand and utilize these numbers to help create par lists to be used in the supply chain.Read More...
Inventory clerks catalog and keep track of all goods and/or supplies on hand. For goods on hand to be sold or shipped, the inventory clerk helps production supervisors understand and forecast future needs and par levels. The inventory clerk may help ensure accuracy in order fulfillment as well. For goods or supplies to be used, the inventory clerk's accurate counts are used to establish how often new inventory is ordered and in what quantities.
For companies utilizing inventory clerks strictly for counting and accuracy purposes, the education requirements tend to include a high school diploma or equivalent, with some warehouse experience preferred. For clerks tasked with electronic reconciliation and forecasting goods and supplies, however, a company may prefer individuals with practical experience and at least an associate's degree in business or a similar field. Inventory clerks typically work during regular business hours. However, some warehouse operations require 24-hour shift work; in these cases, a clerk may need to work evening and overnight shifts.
Inventory Clerk Tasks
- Coordinate with shipping to ensure all receiving shipments are moving in and out of warehouse as scheduled.
- Load and unload trucks.
- Generate reports on inventory balance and shortages.
- Count merchandise in stock and post totals to inventory records.
Common Career Paths for Inventory Clerk
Though some Inventory Clerks move into positions like Manufacturing Production Planner (where the average salary is $50K), this progression is not the norm. More often, however, Inventory Clerks go on to become Inventory Control Clerks or Inventory Control Supervisors.
Popular Skills for Inventory Clerk
Survey results suggest that Inventory Clerks put a wide range of professional skills to use. Most notably, skills in Windows Operating System General Use, Microsoft Office, Data Entry, and Inventory Management are correlated to pay that is above average. It is often found that people who know Microsoft Excel are also skilled in Windows Operating System General Use.
Pay by Experience Level for Inventory Clerk
Pay by Experience for an Inventory Clerk has a positive trend. An entry-level Inventory Clerk with less than 5 years of experience can expect to earn an average total compensation of $29,000 based on 305 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Inventory Clerk with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $31,000 based on 108 salaries. An experienced Inventory Clerk which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $33,000 based on 92 salaries. An Inventory Clerk with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $34,000 based on 27 salaries.
Pay Difference by Location
Home to some of the best pay for Inventory Clerks, Los Angeles offers exceptional salaries, 11 percent above the national average. Inventory Clerks will also find cushy salaries in New York (+9 percent) and Dallas (+7 percent). Falling short of the national average by 17 percent, the area with the worst salaries is Buffalo. San Diego and Memphis are a couple other places where companies are known to pay below the median — salaries are 10 percent lower and 9 percent lower, respectively.
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Key Stats for Inventory Clerk
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