Inventory Control Specialist Salary (United States)

Salaries for Inventory Control Specialists in the United States sit in the ballpark of $14.33 per hour. Pay ranges from $9.60 per hour on the low end to $19.87 on the higher side. Overall cash allowance—including $3,081 bonuses and $3,540 profit sharing proceeds—ranges between $28,782 and $59,535. The specific employer is the main element affecting pay for this group—experience level and location are driving factors as well. Benefits are plentiful in this line of work; most people have both medical and dental plans, and more than half have vision insurance. Most workers in this position report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Inventory Control Specialist Salary (?
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.
)
$28,782 - $59,535
(Median)
29K
34K
40K
50K
60K
MEDIAN: $40,334
10%
25%
50%
75%
90%
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Inventory Control Specialist Salary (?
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.
)
$9.60 - $19.87
(Median)
9
12
14
17
20
MEDIAN: $14.00
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

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
$28,782 - $59,535  
   
Bonus
$0.00 - $3,081  
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).
)
$21,324 - $51,414  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 313
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
$9.60 - $19.87  
   
Overtime
$14.46 - $30.25  
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 - $3,081  
   
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).
)
$21,324 - $51,414  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 841
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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.
Read More...
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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As Inventory Control Specialists make advancements in their career path, salaries may climb quite a bit. Those in less important roles may make $25K less annually than those in higher-end positions, such as Operations Manager. Inventory Control Specialists go on to become Inventory Control Managers more often than anything else, where paychecks are higher by $10,792. Inventory Control Specialists will find lower salaries (-$1,634) when they move into an Inventory Specialist role, another well-traveled path for those in this field.

Inventory Control Specialist Job Listings

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Popular Employer Salaries for Inventory Control Specialist

Inventory Control Specialists flock to Apple Computer, Inc for generous paychecks, where average earnings of $34,298 lead the pack in compensation; however, Apple Computer, Inc also provides employees with a wide spectrum of compensation ranging from $23K at one end to $45K at the other end.
Known for its small paychecks, Wal-Mart Stores, Inc actually ranks last in the field for salary, reporting a median income of $20,115—71 percent less than the top paying company. Also sliding in at the lower end of the scale are Best Buy ($22,360) and Apple Computer, Inc ($34,298).

Popular Skills for Inventory Control Specialist

Inventory Control Specialists only report a few specific skills. Inventory Management is considered a valuable skill and can increase employee pay by 3 percent. The majority of those 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.
Though Inventory Control Specialists can expect regular salary growth as they advance in their careers, experience does not seem to be a strong driver of pay increase. New salaries start at $31K and reach $35K in five to 10 years. Those who spend a decent amount of time in this profession—one to two decades—usually make about $37K. Though minimal, Inventory Control Specialists continue to experience salary development even after two decades, and pay is estimated at $42K. Experienced employees who have 10-20 years of experience make up 21 percent of the workforce; inexperienced individuals who have been working for less than one year comprise less than five, and senior people with more than 20 years under their belt fill out the remaining less than 10. A majority of respondents report one to nine years of experience.

Pay Difference By Location

Minneapolis
up arrow 17%
up arrow 15%
Dallas
up arrow 15%
St. Louis
up arrow 14%
Tulsa
up arrow 14%
Columbus
up arrow 13%
Cincinnati
up arrow 11%
Philadelphia
up arrow 10%
Charlotte
up arrow 9%
Fort Worth
up arrow 8%
Seattle
up arrow 5%
National Average
$34,000
Larger circles over a city indicate a job is popular in that location.
Surpassing the national average by 17 percent, Inventory Control Specialists in Minneapolis receive some of the highest pay in the country. Inventory Control Specialists can also look forward to large paychecks in cities like Houston (+15 percent), Dallas (+15 percent), Tulsa (+14 percent), and St. Louis (+14 percent).

Related Job Salaries

Experience Affects Inventory Control Specialist Salaries

National Average
$34,000

Skills That Affect Inventory Control Specialist Salaries

Inventory Management
up arrow 3%
Microsoft Excel
up arrow 2%
Cycle Count
up arrow 1%
Inventory Control
0%
National Average
$34,000
Microsoft Office
up arrow 1%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 277 votes.

Gender

Female
40%
female alumni
 
Male
60%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
42%
5-9 years
26%
10-19 years
21%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 70%
vision benefits Vision: 53% employee benefits None: 18%
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