$50,634
Avg. Salary
$15.10
Avg. Hourly Rate

Average additional compensation:

$2,906

Bonus

$1,965

Profit Sharing

$4,843

Commission

What am I worth?
How should I pay?

The average pay for an Inventory Manager with Inventory Control skills is $15.10 per hour.

The average pay for an Inventory Manager with Inventory Control skills is $50,634 per year.

$11.25
10%
$15.10
50%
$20.94
90%
MEDIAN $15.10
$34k
10%
$51k
50%
$79k
90%
MEDIAN $50,634
$34,421 - $78,776
$34K
$51K
$79K
MEDIAN: $50,634
10%
50%
90%

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$11.25 - $20.94
$11
$15
$21
MEDIAN: $15.10
10%
50%
90%

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$0$78K
Salary $34,421 - $78,776
Bonus $494 - $12,438
Profit Sharing $298 - $7,047
Commission $0.00 - $9,396
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).
)
$27,313 - $70,698
  • Country: United States
  • Currency: USD
  • Updated: 16 Jan 2019
  • Individuals Reporting: 740
Hourly Data $0$30
Hourly Rate $11.25 - $20.94
Hourly Tips $0.89
Overtime $15.80 - $30.53
Annual Data $0$70K
Bonus $494 - $12,438
Commission $0.00 - $9,396
Profit Sharing $298 - $7,047
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).
)
$27,313 - $70,698
  • Country: United States
  • Currency: USD
  • Updated: 16 Jan 2019
  • Individuals Reporting: 604

Job Description for Inventory Manager

An inventory manager controls the inventory of materials or goods for a company. This includes keeping accurate account of all inventory on hand, as well as ordering additional inventory to meet the needs of the business. The inventory manager decides whether a product needs to have additional stock in the warehouse or if it can be ordered on an as-needed basis. The inventory manager is also responsible for hiring and managing inventory clerks to assist them.

Read More...
Inventory Manager Tasks
  • Implement and execute an inventory replenishment system ensuring proper levels of stock.
  • Act as a liaison between departments and buyers and determine obsolete stock while optimizing inventory turnover.
  • Maintain accurate inventory counts throughout.

Popular Employer Salaries for Inventory Manager

Inventory Manager Job Listings

Pay by Experience Level for Inventory Manager

Pay by Experience for an Inventory Manager has a positive trend. An entry-level Inventory Manager with less than 5 years of experience can expect to earn an average total compensation of $36,000 based on 381 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Inventory Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $47,000 based on 209 salaries. An experienced Inventory Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $52,000 based on 192 salaries. An Inventory Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $50,000 based on 75 salaries.

Pay Difference by Location

16%

National Average: $42,530

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

Key Stats for Inventory Manager

Gender

Female
36 %
Male
63 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 344 votes.
Less than 1 year
3%
1-4 years
42%
5-9 years
24%
10-19 years
21%
20 years or more
10%

Experience Affects Inventory Manager Salaries

Experienced
▲22%

Late-Career
▲17%

▲10%

National Average
$43,000

▼15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 344 votes.

Gender

Female
36 %
Male
63 %

Years of Experience

Less than 1 year
3%
1-4 years
42%
5-9 years
24%
10-19 years
21%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 58%
vision benefits
Vision: 47%
no benefits
None: 28%