Inventory Specialist Salary

Inventory Specialists in the United States pull down an average of $13.36 per hour. Total cash compensation to Inventory Specialists bottoms out near $21K and approaches $48K on the high end; the biggest paychecks include approximately $8K from bonuses and almost $20K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by the company and tenure. Not all workers are lucky enough to have benefits; in fact, just under a third are without coverage. Medical insurance is claimed by a majority and dental insurance is reported by more than half. Most workers in this position report high levels of job satisfaction. Male Inventory Specialists are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 57 percent of the field. Respondents to the PayScale salary survey provided the data for this report.
Read More
$29,887 - $68,480
$30K
$41K
$68K
MEDIAN: $40,759
10%
50%
90%

Add this chart to your site: 640px    300px

$9.69 - $19.42
$9
$13
$19
MEDIAN: $13.36
10%
50%
90%

Add this chart to your site: 640px    300px

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
$29,887 - $68,480  
   
Bonus
$195.16 - $8,214  
Profit Sharing
$49.32 - $19,866  
Commission
$5,500  
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).
)
$20,526 - $47,674  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 181
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
$9.69 - $19.42  
   
Overtime
$15.00 - $28.54  
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
$195.16 - $8,214  
   
Commission
$5,500  
Profit Sharing
$49.32 - $19,866  
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).
)
$20,526 - $47,674  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 768

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

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.

Read More...

Inventory Specialist Tasks

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

Common Career Paths for Inventory Specialist


Add this chart to your site:   640px 640px    300px 300px


Many Inventory Specialists move into an Inventory Manager role, and folks who currently hold that position report a much higher median income of $43K per year.

Inventory Control Specialist Job Listings

Search for more jobs:

Popular Employer Salaries for Inventory Specialist


Known for taking on a considerable number of Inventory Specialists, Best Buy, CVS / Pharmacy, Staples, Inc., Advance Auto Parts, Inc., and Apple Computer, Inc are leading firms in the industry. Heading up the field in terms of compensation, Apple Computer, Inc offers the most; Inventory Specialists earn $34K on average there.

Staples, Inc. offers the least pay with a median salary of $22K; furthermore, salaries there max out at only $27K.

Popular Skills for Inventory Specialist


Inventory Specialists report using a deep pool of skills on the job. Most notably, skills in Microsoft Word, Microsoft Excel, Data Analysis, and Data Entry are correlated to pay that is above average, with boosts between 14 percent and 20 percent. 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.


For Inventory Specialists, experience does not seem to be a major factor in determining pay. Survey participants with less than five years' experience pocket $28K on average, but those with five to 10 years of experience enjoy a much bigger median of $34K. On average, Inventory Specialists make $37K following one to two decades on the job. Inventory Specialists who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $40K on average.

Pay Difference by Location

National Average: $31,121

Larger city markers indicate a job is popular in that location.

For Inventory Specialists, working in the bustling city of Minneapolis has its advantages, including an above-average pay rate. Inventory Specialists will also find cushy salaries in Atlanta (+27 percent), San Diego (+24 percent), Houston (+15 percent), and Salt Lake City (+14 percent). One of the biggest compensable factors for Inventory Specialists is geography, with workers in Memphis earning a whopping 24 percent below the national average. New York and San Antonio are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 8 percent lower, respectively.

Inventory Specialist Reviews

Q: 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.

Related Job Salaries

Key Stats for Inventory Specialist

Gender

Female
43 %
Male
57 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 128 votes.
Less than 1 year
6%
1-4 years
52%
5-9 years
18%
10-19 years
16%
20 years or more
7%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Inventory Specialist Salaries

▲28%

▲18%

▲8%

National Average
$31,000

▼9%

Skills That Affect Inventory Specialist Salaries

Microsoft Word
▲20%


Data Analysis
▲14%

Data Entry
▲13%

Purchasing
▲9%

Shipping
▲4%


▲2%

Inventory Control
▼0%

Order Inventory
▼0%

Microsoft Office
▼0%

National Average
$31,000

Customer Service
▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 128 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
6%
1-4 years
52%
5-9 years
18%
10-19 years
16%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 67%
dental benefits
Dental: 58%
vision benefits
Vision: 49%
dental benefits
None: 30%
ADVERTISEMENT