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Inventory Specialist Salary

The average Inventory Specialist in the United States can expect to rake in roughly $13.97 per hour. Residence is the main element affecting pay for this group — the company and experience level are driving factors as well. For the most part, Inventory Specialists enjoy their work and report high levels of job satisfaction. Women make up a slight majority of Inventory Specialists (52 percent) survey respondents. Although a fair number have medical coverage and a majority have dental coverage, slightly less than a fourth claim no health benefits at all. The information for this snapshot was generated by responses to the PayScale salary survey.
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$30,062 - $61,113
(Median)
$30K
$40K
$61K
MEDIAN: $39,980
10%
50%
90%

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$9.68 - $19.66
(Median)
$9
$14
$20
MEDIAN: $13.00
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$21K$42K$63K
Salary
$30,062 - $61,113  
   
Bonus
$0.00 - $3,987  
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).
)
$21,040 - $50,539  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 148
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$10$20$30
Hourly Rate
$9.68 - $19.66  
   
Overtime
$14.75 - $29.93  
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$20K$40K$60K
Bonus
$0.00 - $3,987  
   
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).
)
$21,040 - $50,539  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 352

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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


Apple Computer, Inc attracts talent by shelling out the biggest paychecks in the area — the median in that office is $38K.

With a median salary of $23K, Best Buy provides Inventory Specialists with the lowest pay in their field; moreover, earnings are capped at only $28K, limiting employee salary growth.

Popular Skills for Inventory Specialist


Survey results suggest that Inventory Specialists use a fairly large toolkit of professional skills. Most notably, skills in Shipping, Purchasing, Inventory Management, and Inventory Control are correlated to pay that is above average. Skills that seem to negatively impact pay include Microsoft Excel, Order Inventory, and Data Entry. It is often found that people who know Inventory Control are also skilled in Order Inventory.

Pay by Experience Level for Inventory Specialist

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


Inventory Specialists do not generally earn higher incomes from more experience in the field. Respondents with less than five years' experience take home $31K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $35K. After working for 10 to 20 years, Inventory Specialists make a median salary of $36K. In the end, more experience does seem to mean larger paychecks; seasoned Inventory Specialists with more than 20 years of experience earn a predictably higher median salary of $40K.

Related Job Salaries

United States (change)

Experience Affects Inventory Specialist Salaries

Late-Career
up arrow 21%



National Average
$33,000


Skills That Affect Inventory Specialist Salaries

Shipping
up arrow 5%

Purchasing
up arrow 5%

Inventory Management
up arrow 2%

Inventory Control
0%

National Average
$33,000


Data Entry
up arrow 5%

Microsoft Excel
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 82 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
5%
1-4 years
42%
5-9 years
25%
10-19 years
18%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 65%
vision benefits Vision: 55% employee benefits None: 23%