Inventory Specialist Salary

Inventory Specialists in the United States pull down an average of $14.05 per hour. Compensation for this group is mainly affected by residence, but the specific employer and years of experience are influential factors as well. Although a strong majority have medical coverage and the greater part have dental coverage, approximately one in four claim no health benefits at all. Women are just slightly outnumbered, with male Inventory Specialists making up 51 percent of survey respondents. Most Inventory Specialists report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.
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$29,950 - $62,266

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$9.64 - $19.90

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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$21K$42K$63K
Salary
$29,950 - $62,266  
   
Bonus
$0.00 - $4,500  
Profit Sharing
$547 - $5,000  
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).
)
$20,908 - $50,544  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 177
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$11$22$33
Hourly Rate
$9.64 - $19.90  
   
Overtime
$14.79 - $30.16  
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$22K$44K$66K
Bonus
$0.00 - $4,500  
   
Profit Sharing
$547 - $5,000  
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).
)
$20,908 - $50,544  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 448
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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.

Inventory Control Specialist Job Listings

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Popular Employer Salaries for Inventory Specialist


Inventory Specialists in search of the best pay head to Apple Computer, Inc, where the median salary rolls in at $38K. Although pay is top-notch overall, it does seem to be curbed at $43K, which isn't dramatically higher than the lower-end figure of $30K.

The lowest salaries can be found at Best Buy — median pay is $22K — and there is little variation in compensation, with paychecks starting at $19K and only reaching $28K.

Popular Skills for Inventory Specialist


Inventory Specialists generally report applying a varied skill set to their work. Most notably, skills in Data Entry, Shipping, Purchasing, and Inventory Management are correlated to pay that is above average, with boosts between 4 percent and 9 percent. Most people who know Inventory Control also know 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. Salaries for the relatively untried average out to around $31K, but survey participants with five to 10 years of experience earn a significantly higher median of $34K. Inventory Specialists claiming one to two decades of experience make an estimated median of $36K. Veterans who have acquired more than 20 years report a median income of $40K, which is generally higher than the pay reported by other tenure groups.

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Experience Affects Inventory Specialist Salaries

Late-Career
up arrow 23%



National Average
$32,000


Skills That Affect Inventory Specialist Salaries

Data Entry
up arrow 9%

Shipping
up arrow 6%

Purchasing
up arrow 4%

Inventory Management
up arrow 3%

Inventory Control
0%

Microsoft Excel
0%

National Average
$32,000

Order Inventory
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 86 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
5%
1-4 years
43%
5-9 years
25%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 73% dental benefits Dental: 64%
vision benefits Vision: 55% employee benefits None: 24%
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