Inventory Specialists in the United States take home approximately $13.48 per hour on average. The most influential factor affecting pay for this group is location, though the specific employer and tenure have a (lesser) impact as well. Men make up a slight majority of Inventory Specialists (59 percent) who responded to the survey. Job satisfaction is reported as high by the vast majority of workers. Although the larger part have medical coverage and more than half have dental coverage, just under a third claim no health benefits at all. The numbers in this rundown were provided by PayScale's salary survey participants.
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$29,934 - $68,817
(Median)
$30K
$41K
$69K
MEDIAN: $40,780
10%
50%
90%

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$9.68 - $19.35
(Median)
$9
$13
$19
MEDIAN: $13.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$23K$46K$69K
Salary
$29,934 - $68,817  
   
Bonus
$195.26 - $8,182  
Profit Sharing
$1,500  
Commission
$1,000  
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).
)
$20,559 - $48,437  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 183
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$10$20$30
Hourly Rate
$9.68 - $19.35  
   
Overtime
$14.96 - $29.64  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Bonus
$195.26 - $8,182  
   
Commission
$1,000  
Profit Sharing
$1,500  
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).
)
$20,559 - $48,437  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 730
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Job Description for Inventory Specialist

Inventory specialists are normally in charge of ordering, receiving and counting all types of products for their organization. They are also responsible for ensuring that inventory records are accurate at all times, which they do through daily or weekly counts of all products. Inventory specialists work with products being shipped to customers and properly log all receipts to ensure accurate inventory counts. In some cases, they may be in charge of preparing orders and related documents to purchase additional items or stock. This is generally a full-time position performed in a warehouse setting. Heavy lifting, as well as constant movement throughout the warehouse, is generally required.

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Inventory 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 Specialist


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Inventory Specialists who move on to become Inventory Managers may enjoy significant pay raises, as Inventory Managers get paid an average of $43K per year.

Inventory Control Specialist Job Listings

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Popular Employer Salaries for Inventory Specialist


Best Buy, CVS / Pharmacy, Staples, Inc., Apple Computer, Inc, and Advance Auto Parts, Inc. are leaders in the field that employ a large number of Inventory Specialists. Apple Computer, Inc offers the largest salaries in town — $38K on average.

The consistently lowest paying firm on the list is Staples, Inc., where the median salary is just $21K — 78 percent less than the top paying company.

Popular Skills for Inventory Specialist


Inventory Specialists seem to require a rather large skill set. Most notably, facility with Microsoft Word, Data Entry, and Purchasing are correlated to pay that is significantly above average, leading to increases of 26 percent, 13 percent, and 8 percent, respectively. Skills that pay less than market rate include Customer Service. Most people skilled in Inventory Control are similarly competent in Order Inventory.

Pay by Experience Level for Inventory Specialist

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


More years of relevant experience do not necessarily translate to higher paychecks. Relatively untried employees who have less than five years' experience make $29K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $34K. The average pay reported by folks with 10 to 20 years of experience is around $37K. Inventory Specialists who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $40K.

Inventory Specialist Reviews

What is it like working as an Inventory Specialist?

Inventory Specialist in Syracuse:
"Culture is good."
Pros: It requires a lot of problem solving and communication, which keeps it interesting. The atmosphere is great, and I am given a lot of freedom.
Cons: The fact that I relocated thousands of miles away from my family and I have to scrimp and scringe to go see them.

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Experience Affects Inventory Specialist Salaries




National Average
$31,000


Skills That Affect Inventory Specialist Salaries

Microsoft Word
up arrow 26%

Data Entry
up arrow 13%

Shipping
up arrow 8%

Purchasing
up arrow 8%

Microsoft Excel
up arrow 3%

Inventory Management
up arrow 2%

Inventory Control
0%

Order Inventory
0%

Microsoft Office
0%

National Average
$31,000

Cycle Count
up arrow 3%

Customer Service
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 117 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
6%
1-4 years
53%
5-9 years
18%
10-19 years
15%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 58%
medical benefits
Vision: 50%
dental benefits
None: 30%
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