Average Inventory Manager Salary in Canada
The average annual salary of Inventory Manager is $57,787.00
The starting salary of Inventory Manager is between $33,592.00 and $39,520.00 whereas the maximum salary range is between $91,560.00 and $105,294.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$33,592.00 | $105,294.00 |
The average hourly pay of Inventory Manager is $18.94.
The starting hourly rate is between $13.00 and $15.60 for Inventory Manager whereas the maximum hourly wage is between $27.00 and $31.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$13.00 | $31.00 |
- Currency : CAD
- Annual Salary : $57,787.00
- Hourly Pay : $18.94
- Weekly Pay : $1,020.00
- Fortnightly Salary : $2,039.00
- Monthly Salary : $4,418.00
Inventory Manager Salary Comparison by Gender
This pie chart demonstrates the gender share for Inventory Manager. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Inventory Manager compared to female. Their involvement is 62% while of female is only 38%.
Salary Distribution Based on Years of Experience
The line graph shows Inventory Manager salary in Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Inventory Manager working less than a year in a company, you notice that their annual salary starts around $40,567.26.
As the years of experience reaches 1 to 4, there is a significant increase of $7,804.17 which would give a total wage of CAD48,371.43.
Once the experience reaches 5-9 years Inventory Manager salary would increase again to a total of $64,148.86, adding $15,777.43 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $68,385.90.
And finally, once the Inventory Manager gains 20 years of experience or more, their salary would reach $68,670.00.
Prominent Skills Affecting Inventory Manager Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Inventory Manager's salary. It clearly highlights the skills needed for a post of Inventory Manager when hired by an employer.
The most vital skill expected of Inventory Manager is Operations Management which impacts the most than the rest of the skills indicated with a staggering 25% comparatively. Therefore, one’s salary would greatly depend on their skills in Operations Management.
The skill least likely to affect one’s pay would be Inventory Control with 1%. It can be said that Inventory Control skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Inventory Manager. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $41,029.00 whereas the highest earning is $71,656.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of $71,656.00 at 24%. So to summerize, Entry Level earns 29% less than the average salary, Early Career earns 12% less than the average salary, Mid Carrer earns 16% more than the average salary, Late Career earns 24% more than the average salary, Experienced earns 20% more than the average salary.
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