Inventory Control Specialist Salary

Inventory Control Specialists in the United States pull down an average of $14.64 per hour. Including potential bonuses and profit sharing proceeds (more than $4K for each in exceptional cases) overall income bottoms out near $22K and hits $52K on the high end. While geography and years of experience impact pay for this group, the company is the most influential factor. There are more male Inventory Control Specialists than female among those who completed the questionnaire, making up 61 percent. Job satisfaction is reported as high by the vast majority of workers. A strong majority report receiving medical coverage from their employers and a fair number collect dental insurance. This report is based on responses to the PayScale salary survey.
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$28,859 - $59,805
(Median)
$29K
$41K
$60K
MEDIAN: $41,391
10%
50%
90%

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$9.91 - $20.23
(Median)
$9
$15
$20
MEDIAN: $14.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Salary
$28,859 - $59,805  
   
Bonus
$0.00 - $3,623  
Profit Sharing
$225.00 - $3,540  
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).
)
$21,993 - $52,440  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 340
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$11$22$33
Hourly Rate
$9.91 - $20.23  
   
Overtime
$14.41 - $30.76  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Bonus
$0.00 - $3,623  
   
Profit Sharing
$225.00 - $3,540  
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).
)
$21,993 - $52,440  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 961
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Job Description for Inventory Control Specialist

Inventory control specialists are in charge of managing product or company resources. They enter data on parts held by the company and those shipped to other organizations into relevant databases . They must also recognize and resolve quantity discrepancies, make quantity reports, create request tickets as needed, and prepare extensive quantitative statements that help with inventory control duties. They participate in company meetings and provide recommendations on how to make inventory control responsibilities more efficient. The inventory control specialists may help with training new staff members as well.

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Inventory Control Specialist Tasks

  • Submit annual budget reports, ensure financial standards, and resolve issues.
  • Act as liaison between the warehouse and customer service.
  • Assess and monitor warehouse transactions.
  • Track inventory maintenance and control equipment flow.

Common Career Paths for Inventory Control Specialist


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For Inventory Control Specialists, progressing to an Operations Manager role may result in a significant raise. On average, an Operations Manager can earn $59K annually. Given that the median pay is $32K, it may be surprising to find that an Inventory Specialist is the most common role for Inventory Control Specialists to subsequently assume on their way up the ladder. Transitioning into an Inventory Control Manager role — which pays $45K — is also typical for Inventory Control Specialists, though less common by comparison.

Inventory Control Specialist Job Listings

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Popular Employer Salaries for Inventory Control Specialist


Apple Computer, Inc pays the most with a median salary of $34K, though with a large amount of variation, going from a low of $23K to a high of $45K.

Considering that the median salary at Wal-Mart Stores, Inc is a shallow $21K, it is not surprising that this employer ranks last in compensation relative to (and far behind) other companies in the same line of work — their median pay is 67 percent less than the top paying company.

Popular Skills for Inventory Control Specialist


Survey results suggest that Inventory Control Specialists put a wide range of professional skills to use. Most notably, skills in Inventory Management, Microsoft Excel, Cycle Count, and Microsoft Office are correlated to pay that is above average. Most people who know Cycle Count also know Inventory Management and Microsoft Excel.

Pay by Experience Level for Inventory Control Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Inventory Control Specialists do not generally earn higher incomes from more experience in the field. Workers in their first five years can expect to earn $31K, but people who have been around for five to 10 years earn a noticeably bigger sum of $35K. Inventory Control Specialists who work for 10 to 20 years in their occupation tend to earn about $38K. As Inventory Control Specialists reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $42K.

Pay Difference by Location


Home to some of the best pay for Inventory Control Specialists, Minneapolis offers exceptional salaries, 23 percent above the national average. Inventory Control Specialists can also look forward to large paychecks in cities like Seattle (+22 percent), San Diego (+14 percent), Columbus (+11 percent), and Salt Lake City (+9 percent). The smallest paychecks in the market, 9 percent south of the national average, can be found in Nashville. A couple other locations with smaller-than-average paychecks include Atlanta (9 percent lower) and Oklahoma City (5 percent lower).

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Experience Affects Inventory Control Specialist Salaries




National Average
$34,000


Skills That Affect Inventory Control Specialist Salaries

Inventory Management
up arrow 2%

Microsoft Excel
up arrow 2%

Cycle Count
up arrow 1%

National Average
$34,000

Inventory Control
up arrow 1%

Microsoft Office
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 282 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
3%
1-4 years
42%
5-9 years
25%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 71%
vision benefits Vision: 57% employee benefits None: 17%
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