$52,971
Avg. Salary
$15.50
Avg. Hourly Rate

Average additional compensation:

$3,232

Bonus

$2,750

Profit Sharing

$3,960

Commission

What am I worth?
How should I pay?

The average pay for an Inventory Manager with Microsoft Excel skills is $15.50 per hour.

The average pay for an Inventory Manager with Microsoft Excel skills is $52,971 per year.

10%
$11.70
10%
$15.50
50%
$21.09
90%
90%
MEDIAN $15.50
10%
$35k
10%
$53k
50%
$80k
90%
90%
MEDIAN $52,971
$35,335 - $80,404
$35K
$53K
$80K
MEDIAN: $52,971
10%
50%
90%

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$11.70 - $21.09
$12
$16
$21
MEDIAN: $15.50
10%
50%
90%

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$0$80K
Salary $35,335 - $80,404
Bonus $969 - $12,270
Profit Sharing $325 - $11,000
Commission $25.17 - $9,933
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).
)
$28,858 - $75,905
  • Country: United States
  • Currency: USD
  • Updated: 14 Mar 2019
  • Individuals Reporting: 521
Hourly Data $0$30
Hourly Rate $11.70 - $21.09
Hourly Tips $2.25
Overtime $16.31 - $30.96
Annual Data $0$75K
Bonus $969 - $12,270
Commission $25.17 - $9,933
Profit Sharing $325 - $11,000
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).
)
$28,858 - $75,905
  • Country: United States
  • Currency: USD
  • Updated: 14 Mar 2019
  • Individuals Reporting: 336

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.

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 $39,000 based on 252 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 $52,000 based on 128 salaries. An experienced Inventory Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $55,000 based on 121 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 $49,000 based on 43 salaries.

Pay Difference by Location

-4%

National Average: $45,153

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

Key Stats for Inventory Manager

Gender

Female
35 %
Male
65 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 237 votes.
Less than 1 year
3%
1-4 years
44%
5-9 years
24%
10-19 years
21%
20 years or more
8%

Experience Affects Inventory Manager Salaries

Experienced
▲22%

▲15%

Late-Career
▲8%

National Average
$45,000

▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 237 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
3%
1-4 years
44%
5-9 years
24%
10-19 years
21%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 64%
vision benefits
Vision: 52%
no benefits
None: 24%