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Inventory Specialist Salary

Pay for Inventory Specialists in the United States sits in the ballpark of $14.04 per hour. This group's pay is mainly influenced by geography, followed by the specific employer and experience level. Women Inventory Specialists who took the survey just slightly outnumber men. Some workers in this field — just over a fifth — are not awarded benefits. Medical coverage is reported by a strong majority and dental plans are enjoyed by more than half. Work is enjoyable for Inventory Specialists, who typically claim high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.
$30,101 - $60,967
(Median)
30K
40K
50K
61K
MEDIAN: $40,023
10%
50%
75%
90%

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$9.70 - $19.96
(Median)
9
14
17
20
MEDIAN: $14.00
10%
50%
75%
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
$30,101 - $60,967  
   
Bonus
$0.00 - $4,000  
Profit Sharing
$800 - $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).
)
$21,254 - $50,926  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 128
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
$9.70 - $19.96  
   
Overtime
$14.62 - $29.79  
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 - $4,000  
   
Profit Sharing
$800 - $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).
)
$21,254 - $50,926  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 290
United States (change)

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 flock to Apple Computer, Inc for generous paychecks, where average earnings of $38K lead the pack in compensation.

With a median salary of $24K, 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 show that Inventory Specialists use a fair number of skills. Most notably, skills in Shipping, Inventory Management, Purchasing, and Inventory Control are correlated to pay that is above average, with boosts between 3 percent and 16 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel, Order Inventory, and Data Entry. The majority of those 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, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Salaries for inexperienced workers average out to $35K, and those with five to 10 years' experience earn a higher median of $31K. After working for 10 to 20 years, Inventory Specialists make a median salary of $36K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $40K.

Related Job Salaries

Experience Affects Inventory Specialist Salaries

Late-Career
up arrow 21%

Experienced
up arrow 8%

Mid-Career
up arrow 5%

National Average
$33,000


Skills That Affect Inventory Specialist Salaries

Shipping
up arrow 16%


Purchasing
up arrow 3%

Inventory Control
up arrow 2%

National Average
$33,000

Order Inventory
up arrow 6%

Data Entry
up arrow 6%

Microsoft Excel
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 68 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
5%
1-4 years
41%
5-9 years
25%
10-19 years
20%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 66%
vision benefits Vision: 55% employee benefits None: 22%