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Inventory Specialist Salary

Inventory Specialists in the United States take home approximately $14.04 per hour on average. Geography 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. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 50 percent. While just under a fourth report receiving no health benefits, a fair number do receive medical coverage, and the larger part have dental, as well. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$30,031 - $61,439
(Median)
$30K
$40K
$61K
MEDIAN: $40,040
10%
50%
90%

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$9.72 - $19.69
(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$21K$42K$63K
Salary
$30,031 - $61,439  
   
Bonus
$0.00 - $3,987  
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).
)
$21,090 - $50,785  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 151
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
$9.72 - $19.69  
   
Overtime
$14.72 - $29.65  
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
$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).
)
$21,090 - $50,785  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 375

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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

  • 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


For Inventory Specialists, comfortable salaries can be found at Apple Computer, Inc; in fact, median earnings sit around $38K, the highest in the area.

Best Buy offers the lowest pay in the field with a median salary of just $23K. There's also little variation in pay at the company, with pay ranging from $20K to $28K.

Popular Skills for Inventory Specialist


Survey results suggest that Inventory Specialists put a wide range of professional skills to use. Most notably, skills in Shipping, Purchasing, Inventory Management, and Inventory Control are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel, Order Inventory, and Data Entry. 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.


For Inventory Specialists, more experience in the field does not usually mean bigger paychecks. Salaries of relatively inexperienced workers fall in the neighborhood of $31K, but folks who have racked up five to 10 years see a notably higher median of $35K. The average pay reported by folks with 10 to 20 years of experience is around $36K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $40K, demonstrating that compensation is roughly commensurate with experience in the end.

Related Job Salaries

United States (change)

Experience Affects Inventory Specialist Salaries

Late-Career
up arrow 22%



National Average
$33,000


Skills That Affect Inventory Specialist Salaries

Shipping
up arrow 6%

Purchasing
up arrow 5%

Inventory Management
up arrow 2%

National Average
$33,000

Inventory Control
up arrow 1%

Data Entry
up arrow 4%


Microsoft Excel
up arrow 7%

Job Satisfaction

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

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
5%
1-4 years
42%
5-9 years
26%
10-19 years
18%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 65%
vision benefits Vision: 56% employee benefits None: 23%
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