$55,239
Avg. Salary
$15.76
Avg. Hourly Rate

Average additional compensation:

$3,038

Bonus

$2,500

Profit Sharing

$10,476

Commission

What am I worth?
How should I pay?

The average pay for an Inventory Manager with People Management skills is $15.76 per hour.

The average pay for an Inventory Manager with People Management skills is $55,239 per year.

10%
$11.21
10%
$15.76
50%
$21.51
90%
90%
MEDIAN $15.76
10%
$37k
10%
$55k
50%
$87k
90%
90%
MEDIAN $55,239
$36,856 - $87,421
$37K
$55K
$87K
MEDIAN: $55,239
10%
50%
90%

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$11.21 - $21.51
$11
$16
$22
MEDIAN: $15.76
10%
50%
90%

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$0$87K
Salary $36,856 - $87,421
Bonus $494 - $12,150
Profit Sharing $2,500
Commission $10,476
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).
)
$29,753 - $79,959
  • Country: United States
  • Currency: USD
  • Updated: 14 Mar 2019
  • Individuals Reporting: 267
Hourly Data $0$30
Hourly Rate $11.21 - $21.51
Overtime $15.32 - $30.87
Annual Data $0$79K
Bonus $494 - $12,150
Commission $10,476
Profit Sharing $2,500
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).
)
$29,753 - $79,959
  • Country: United States
  • Currency: USD
  • Updated: 14 Mar 2019
  • Individuals Reporting: 182

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 $40,000 based on 80 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 $46,000 based on 36 salaries. An experienced Inventory Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $61,000 based on 29 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 $46,000 based on 5 salaries.

Key Stats for Inventory Manager

Gender

Female
35 %
Male
65 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 153 votes.
Less than 1 year
2%
1-4 years
39%
5-9 years
30%
10-19 years
23%
20 years or more
7%

Experience Affects Inventory Manager Salaries

Experienced
▲31%

Late-Career
▼0%

National Average
$46,000

Mid-Career
▼2%

Entry-Level
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 153 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
2%
1-4 years
39%
5-9 years
30%
10-19 years
23%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 64%
vision benefits
Vision: 54%
no benefits
None: 26%