$52,138
Avg. Salary
$15.65
Avg. Hourly Rate

Average additional compensation:

$3,200

Bonus

$1,850

Profit Sharing

$5,042

Commission

What am I worth?
How should I pay?

The average pay for an Inventory Manager with Purchasing skills is $15.65 per hour.

The average pay for an Inventory Manager with Purchasing skills is $52,138 per year.

10%
$11.53
10%
$15.65
50%
$21.83
90%
90%
MEDIAN $15.65
10%
$37k
10%
$52k
50%
$81k
90%
90%
MEDIAN $52,138
$36,680 - $80,596
$37K
$52K
$81K
MEDIAN: $52,138
10%
50%
90%

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$11.53 - $21.83
$12
$16
$22
MEDIAN: $15.65
10%
50%
90%

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$0$80K
Salary $36,680 - $80,596
Bonus $504 - $14,777
Profit Sharing $1,850
Commission $25.34 - $13,809
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).
)
$28,574 - $71,714
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 281
Hourly Data $0$35
Hourly Rate $11.53 - $21.83
Hourly Tips $1.14
Overtime $16.59 - $35.00
Annual Data $0$71K
Bonus $504 - $14,777
Commission $25.34 - $13,809
Profit Sharing $1,850
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).
)
$28,574 - $71,714
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 193

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 $38,000 based on 119 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 $51,000 based on 82 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 79 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 $51,000 based on 28 salaries.

Key Stats for Inventory Manager

Gender

Female
40 %
Male
60 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 137 votes.
Less than 1 year
2%
1-4 years
39%
5-9 years
25%
10-19 years
23%
20 years or more
11%

Experience Affects Inventory Manager Salaries

Experienced
▲21%

Mid-Career
▲12%

Late-Career
▲11%

National Average
$46,000

Entry-Level
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 137 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
2%
1-4 years
39%
5-9 years
25%
10-19 years
23%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 57%
vision benefits
Vision: 47%
no benefits
None: 27%