Inventory Specialist Salary

Inventory Specialists in the United States take home an average $13.52 per hour. Total cash compensation for Inventory Specialists runs from $21K to $48K depending on bonuses that can occasionally exceed $8K and profit sharing that can reach almost $25K. This group's pay is mainly influenced by geographic location, followed by the specific employer and years of experience. Some workers in this field — slightly less than a third — are not awarded benefits. Medical coverage is reported by the larger part and dental plans are enjoyed by more than half. 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. Job satisfaction is reported as high by the vast majority of workers. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$29,778 - $68,480
$30K
$41K
$68K
MEDIAN: $40,839
10%
50%
90%

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$9.73 - $19.81
$9
$14
$20
MEDIAN: $13.52
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
$29,778 - $68,480  
   
Bonus
$198.25 - $8,046  
Profit Sharing
$49.32 - $24,832  
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).
)
$20,567 - $48,355  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 171
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
$9.73 - $19.81  
   
Overtime
$15.04 - $28.93  
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
$198.25 - $8,046  
   
Commission
$5,500  
Profit Sharing
$49.32 - $24,832  
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).
)
$20,567 - $48,355  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 756

Find Out Exactly What You Should Be Paid

United States (change)

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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

  • 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


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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., Advance Auto Parts, Inc., and Apple Computer, Inc are among the top companies that take on many Inventory Specialists. Apple Computer, Inc offers the highest compensation with a median salary of $34K.

Staples, Inc. offers the lowest pay in the field with a median salary of just $22K. There's also little variation in pay at the company, with pay ranging from $19K to $27K.

Popular Skills for Inventory Specialist


Inventory Specialists seem to require a rather large skill set. Most notably, skills in Microsoft Word, Microsoft Excel, Data Entry, and Purchasing are correlated to pay that is above average, with boosts between 13 percent and 19 percent. Those educated in Inventory Control tend to be well versed in Order Inventory.

Pay by Experience Level for Inventory Specialist

Pay by Experience for an Inventory Specialist has a positive trend. An entry-level Inventory Specialist with less than 5 years of experience can expect to earn an average total compensation of $29,000 based on 610 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Inventory Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $34,000 based on 229 salaries. An experienced Inventory Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $37,000 based on 184 salaries. An Inventory Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $40,000 based on 63 salaries.

Pay Difference by Location

National Average: $31,235

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

Home to some of the best pay for Inventory Specialists, Atlanta offers exceptional salaries, 42 percent above the national average. Inventory Specialists can also look forward to large paychecks in cities like Minneapolis (+30 percent), San Diego (+28 percent), Houston (+15 percent), and Salt Lake City (+14 percent). Inventory Specialists in Memphis take home the lowest salaries, earning a whopping 20 percent less than the national average. Two other places where employers offer below-median salaries are New York (10 percent less) and San Antonio (8 percent less).

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 125 votes.
Less than 1 year
6%
1-4 years
52%
5-9 years
18%
10-19 years
17%
20 years or more
7%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Inventory Specialist Salaries

▲29%

▲19%

▲9%

National Average
$31,000

▼9%

Skills That Affect Inventory Specialist Salaries

Microsoft Word
▲19%


Data Entry
▲13%

Purchasing
▲8%

Data Analysis
▲8%

▲7%

Shipping
▲4%


Inventory Control
▼0%

Microsoft Office
▼0%

National Average
$31,000


Customer Service
▼1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 125 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
17%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 58%
vision benefits
Vision: 49%
no benefits
None: 30%