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Material Planner Salary

Material Planners are most sought-after in the Midwest, which is home to the nation's three top-paying cities: Indianapolis, Minneapolis, and Milwaukee. Total cash compensation to Material Planners approaches anywhere from $36K on the lower end to $71K on the higher end; in exceptional cases, this can include more than $6K from bonuses and upwards of $5K from profit sharing. Geography and tenure each impact pay for this group, with the former having the largest influence. Most Material Planners like their work and job satisfaction is high. A large number enjoy medical while most get dental coverage. Vision coverage is also available to a majority. Male Material Planners are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 51 percent of the field. Participants in PayScale's salary questionnaire provided the particulars of this report.

$38,850 - $70,124
(Median)
$39K
$52K
$70K
MEDIAN: $51,740
10%
50%
90%

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$14.22 - $28.43
(Median)
$14
$19
$28
MEDIAN: $18.00
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$24K$48K$72K
Salary
$38,850 - $70,124  
   
Bonus
$0.00 - $5,868  
Profit Sharing
$498.33 - $5,054  
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).
)
$36,120 - $71,481  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 713
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$14$28$42
Hourly Rate
$14.22 - $28.43  
   
Overtime
$18.37 - $39.07  
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$28K$56K$84K
Bonus
$0.00 - $5,868  
   
Profit Sharing
$498.33 - $5,054  
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).
)
$36,120 - $71,481  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 165

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Job Description for Material Planner

A material planner is an essential member of staff in any medium or large manufacturing operation. The material planner ensures a steady flow of all materials needed to keep a manufacturing line operating. This is generally a balancing act; manufacturers do not generally have space to store large quantities of raw materials, so the material planner must ensure adequate supplies without overbuying or wasting resources.

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Material Planner Tasks

  • Monitor and track materials flow to identify bottlenecks and characterize usage.
  • Identify, resolve, and forecast problems and potential solutions to inventory and quality.
  • Schedule delivery and production usage of materials for optimal production.
  • Visit and evaluate suppliers for quality, timeliness, procedures, and fit to goals.

Common Career Paths for Material Planner


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Material Planners may experience a large salary bump if they progress into a role such as Supply Chain Manager. The latter position pays an average of $83K annually. A common career progression for a Material Planner is to become a Supply Chain Planner or a Materials Manager. Compared to Material Planners, the first group earns $6K more on average, and the second group earns $16K more.

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Popular Skills for Material Planner


Material Planners report using a pretty varied skill set on the job. Most notably, skills in Order Inventory, Supply Chain, SAP Materials Management, and Inventory Management are correlated to pay that is above average, with boosts between 6 percent and 11 percent. Skills that pay less than market rate include Forecasting. Most people experienced in Materials Requirement Planning also know Inventory Management and SAP Materials Management (SAP MM).

Pay by Experience Level for Material Planner

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


Experience and pay tend to be weakly linked for Material Planners — those with more experience do not necessarily bring in higher earnings. Folks with fewer than five years of experience take home $49K on average, and those who have worked for five to 10 years see a bigger median salary of $53K. On average, Material Planners make $55K following one to two decades on the job. Veterans who have acquired more than 20 years report a median income of $62K, which is generally higher than the pay reported by other tenure groups.

Pay Difference by Location


For Material Planners, the midwestern United States means bigger paychecks — those in Indianapolis, Minneapolis, and Milwaukee earn more than Material Planners in the rest of the country. Trailing the national average by 14 percent, San Antonio is the market with the smallest paychecks. Below-median salaries also turn up in Cincinnati and Grand Rapids (10 percent lower and 7 percent lower, respectively).

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Experience Affects Material Planner Salaries




National Average
$51,000


Skills That Affect Material Planner Salaries

Order Inventory
up arrow 11%




Data Analysis
up arrow 4%

Microsoft Office
up arrow 2%

Materials Requirement Planning (MRP)
up arrow 1%

Microsoft Excel
up arrow 1%

National Average
$51,000

Purchasing
up arrow 1%

Forecasting
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 177 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
6%
1-4 years
38%
5-9 years
24%
10-19 years
23%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 84%
vision benefits Vision: 68% employee benefits None: 9%
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