What do you suppose inventory manager make in your area? Researching this sort of information can be a difficult, laborious task. Our friends at the U.S. Bureau of Labor Statistics don’t even track this profession. We scoured the net for thousands of salary reports from around the world (including Canada) and averaged them to come up with a very rough average for the US: $75,000 per year
SALARY: According to Glassdoor.com, Inventory Managers make a median annual salary of $50,000 . These salaries range from a low of $24k on up to $150k depending on experience and location.
Inventory manager salaries vary by company, experience and location. The median annual salary for inventory managers in May 2017 was $73,280, according to the U.S. Bureau of Labor Statistics.
An inventory manager’s salary can vary greatly depending on his or her experience and the company for which he or she works. However, it is safe to say that an inventory manager can expect to earn between $40,000 and $50,000 per year.
Salary for inventory manager
A person working as an Inventory Manager in Guernsey typically earns around 103,000 GBP per year. Salaries range from 47,400 GBP (lowest) to 164,000 GBP (highest).
This is the average yearly salary including housing, transport, and other benefits. Inventory Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Inventory Manager Salary Distribution in Guernsey
The median, the maximum, the minimum, and the range
- Salary RangeInventory Manager salaries in Guernsey range from 47,400 GBP per year (minimum salary) to 164,000 GBP per year (maximum salary).
- Median SalaryThe median salary is 111,000 GBP per year, which means that half (50%) of people working as Inventory Manager(s) are earning less than 111,000 GBP while the other half are earning more than 111,000 GBP. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
- PercentilesClosely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Inventory Manager(s) are earning less than 71,400 GBP while 75% of them are earning more than 71,400 GBP. Also from the diagram, 75% of Inventory Manager(s) are earning less than 148,000 GBP while 25% are earning more than 148,000 GBP.
Inventory Manager Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Inventory Manager salaries by experience level and this is what we found.
An Inventory Manager with less than two years of experience makes approximately 53,800 GBP per year.
While someone with an experience level between two and five years is expected to earn 71,800 GBP per year, 34% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 106,000 GBP per year, 48% more than someone with two to five years of experience.
Additionally, Inventory Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 129,000 GBP per year, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 141,000 GBP per year, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 153,000 GBP per year, 8% more than people with fifteen to twenty years of experience.
Inventory Manager average salary change by experience in Guernsey
| 0 – 2 Years | 53,800 GBP | |
| 2 – 5 Years | +34% | 71,800 GBP |
| 5 – 10 Years | +48% | 106,000 GBP |
| 10 – 15 Years | +22% | 129,000 GBP |
| 15 – 20 Years | +9% | 141,000 GBP |
| 20+ Years | +8% | 153,000 GBP |
Percentage increase and decrease are relative to the previous value
Inventory Manager Salary Comparison By Education
How do education levels affect salaries?
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Inventory Manager salaries by education level in order to make a comparison.
When the education level is High School, the average salary of an Inventory Manager is 66,000 GBP per year.
While someone with a Certificate or Diploma gets a salary of 77,600 GBP per year, 18% more than someone having a High School degree.
A Bachelor’s Degree gets its holder an average salary of 113,000 GBP per year, 45% more than someone with a Certificate or Diploma.
Professionals who hold a Master’s Degree are rewarded with an average salary of 147,000 GBP per year, 31% more than someone with Bachelor’s Degree.
Inventory Manager average salary difference by education level in Guernsey
| High School | 66,000 GBP | |
| Certificate or Diploma | +18% | 77,600 GBP |
| Bachelor’s Degree | +45% | 113,000 GBP |
| Master’s Degree | +31% | 147,000 GBP |
Percentage increase and decrease are relative to the previous value
