Inventory Specialist Salary

For Inventory Specialists, hourly average wages total $14.11 per hour. Earnings for this group are mostly affected by geography, followed by the company and tenure. Men make up a slight majority of Inventory Specialists (52 percent) who responded to the survey. Health benefits are not claimed by all — just over one in five lack any form of coverage — but a fair number have medical insurance, and the larger part have dental, too. Job satisfaction for Inventory Specialists is high. The information for this snapshot was generated by responses to the PayScale salary survey.
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$29,878 - $63,920
(Median)
$30K
$40K
$64K
MEDIAN: $40,251
10%
50%
90%

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$9.70 - $19.89
(Median)
$9
$14
$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$22K$44K$66K
Salary
$29,878 - $63,920  
   
Bonus
$0.00 - $4,500  
Profit Sharing
$92.37 - $2,035  
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).
)
$21,005 - $51,366  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 171
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
$9.70 - $19.89  
   
Overtime
$14.77 - $30.31  
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 - $4,500  
   
Profit Sharing
$92.37 - $2,035  
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).
)
$21,005 - $51,366  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 425
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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.

Pay for Inventory Specialists is the lowest at Best Buy, which has a median salary of $23K. In addition, there's little room to grow there, with salaries maxing out at $29K.

Popular Skills for Inventory Specialist


Overall, survey participants reported applying a fair number of skills 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 5 percent and 8 percent. Skills that pay less than market rate include Order Inventory. 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.


For many Inventory Specialists, extensive experience does not lead to significantly more money. Folks with fewer than five years of experience take home $31K on average, and those who have worked for five to 10 years see a bigger median salary of $34K. For Inventory Specialists, 10 to 20 years of experience on the job amounts to an average salary of $36K. As Inventory Specialists reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $40K.

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Experience Affects Inventory Specialist Salaries

Late-Career
up arrow 23%



National Average
$33,000


Skills That Affect Inventory Specialist Salaries

Data Entry
up arrow 8%

Shipping
up arrow 6%

Purchasing
up arrow 5%

Inventory Management
up arrow 2%

Inventory Control
0%

Microsoft Excel
0%

National Average
$33,000

Order Inventory
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 85 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
6%
1-4 years
42%
5-9 years
25%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 74% dental benefits Dental: 64%
vision benefits Vision: 55% employee benefits None: 23%
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