Average Inventory Control Manager Salary in Niger for 2024

In this article, we will look at the average Inventory Control Manager salary for 2024 in Niger and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the West African CFA franc. To keep things simple, we are using the XOF currency code instead of the currency symbol Fr.

How Much Does an Inventory Control Manager Make in Niger?

An Inventory Control Manager working in Niger will typically earn around 4,609,700 XOF per year, and this can range from the lowest average salary of about 2,485,800 XOF to the highest average salary of 6,947,800 XOF.

Average Annual Salary
4,609,700 XOF
Average Monthly Salary
384,141 XOF

Lowest Annual Salary
2,485,800 XOF
Lowest Monthly Salary
207,150 XOF

Highest Annual Salary
6,947,800 XOF
Highest Monthly Salary
578,983 XOF

These are average salaries for an Inventory Control Manager in Niger and include benefits such as housing and transport. It's also possible for an Inventory Control Manager to earn more or less than the average salaries shown above.

Inventory Control Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Inventory Control Manager Salaries in Niger

So we've looked at the average salaries an Inventory Control Manager will earn in Niger. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Inventory Control Manager can earn between 2,485,800 XOF and 6,947,800 XOF on average in Niger. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Inventory Control Manager in Niger is 4,235,500 XOF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 4,235,500 XOF, and 50% of the population earn more than 4,235,500 XOF.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Inventory Control Manager salary in Niger, 25% of the population are earning less than 3,023,200 XOF while 75% of the population earn more than 3,023,200 XOF.

75% of the population earn less than 5,146,100 XOF, and 25% of the population earn more than 5,146,100 XOF.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Inventory Control Manager Salary by Experience Level in Niger

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average inventory control manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Inventory Control Manager in Niger that has less than two years of experience can expect to earn somewhere in the region of 2,893,600 XOF.
  • 2 - 5 Years Experience. With two to five years of experience the average Inventory Control Manager salary would increase to 3,648,200 XOF.
  • 5 - 10 Years Experience. From five to ten years of experience as an Inventory Control Manager, the average salary would be 4,810,800 XOF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 5,651,400 XOF.
  • 15 - 20 Years Experience. An Inventory Control Manager with 15 to 20 years of experience can earn an average of 6,263,400 XOF.
  • 20+ Years Experience. For an Inventory Control Manager with more than 20 years, the expected average salary increases to 6,660,500 XOF.

Average Salary by Experience Chart

0-2 Years
2,893,600 XOF
2-5 Years +26%
3,648,200 XOF
5-10 Years +32%
4,810,800 XOF
10-15 Years +18%
5,651,400 XOF
15-20 Years +11%
6,263,400 XOF
20+ Years +6%
6,660,500 XOF

Inventory Control Manager Salary by Education Level in Niger

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Inventory Control Manager in Niger based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Inventory Control Manager in Niger with a high school education can earn an average salary of 3,514,400 XOF.

  • Certificate or Diploma. An Inventory Control Manager in Niger with a certificate or diploma education can earn an average salary of 3,959,700 XOF.

  • Bachelor's Degree. An Inventory Control Manager in Niger with a bachelor's degree education can earn an average salary of 5,209,200 XOF.

  • Master's Degree. An Inventory Control Manager in Niger with a master's degree education can earn an average salary of 6,457,900 XOF.

Average Salary by Education Chart

High School
3,514,400 XOF
Certificate or Diploma +13%
3,959,700 XOF
Bachelor's Degree +32%
5,209,200 XOF
Master's Degree +24%
6,457,900 XOF

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Niger is around 1,690,000 to 5,080,000 XOF and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Inventory Control Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Niger, a male inventory control manager will earn an average of 4,777,400 XOF, while a female inventory control manager will earn around 4,345,400 XOF.

This means that a male inventory control manager earns approximately 10% more than a female inventory control manager for performing the same job.

Average Salary by Gender Chart in Niger

Male
4,777,400 XOF
Female -10%
4,345,400 XOF

Inventory Control Manager Average Pay Raise in Niger

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Inventory Control Manager in Niger is around 6% every 31 months.

The national average pay raise across all professions and industries in Niger is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 6 ÷ 31 ) × 12  = 2%

What this means is that an Inventory Control Manager in Niger can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Niger for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Niger.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Inventory Control Manager Bonus and Incentive Rates in Niger

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Inventory Control Manager is a moderate bonus based job, with 59% of employees reporting at least one bonus in the last 12 months.

41% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 7%.

Received Bonus
59%
No Bonus
41%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Niger earn approximately 21% more than private sector employees in the same role.

Public Sector
4,465,800 XOF
Private Sector -21%
3,696,900 XOF

Salaries for Jobs Similar to an Inventory Control Manager

In the table below, we have salary information for jobs that are similar to an Inventory Control Manager in Niger.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 3,481,100 XOF
Asset Protection Associate Purchasing and Inventory 3,373,200 XOF
Asset Protection Specialist Purchasing and Inventory 3,781,400 XOF
Assistant Buyer Purchasing and Inventory 3,094,100 XOF
Buyer Purchasing and Inventory 5,256,700 XOF
Capacity Planner Purchasing and Inventory 4,019,900 XOF
Category Leader Purchasing and Inventory 3,706,100 XOF
Category Management Specialist Purchasing and Inventory 3,648,200 XOF
Category Manager Purchasing and Inventory 4,032,100 XOF
Channel Services Representative Purchasing and Inventory 3,745,100 XOF
Contracts Manager Purchasing and Inventory 4,403,400 XOF
Contracts Specialist Purchasing and Inventory 3,553,500 XOF
Demand Planner Purchasing and Inventory 3,863,700 XOF
Demand Planning Manager Purchasing and Inventory 4,799,700 XOF
Distribution Assistant Purchasing and Inventory 3,132,800 XOF
Distribution Associate Purchasing and Inventory 3,047,800 XOF
Distribution Manager Purchasing and Inventory 7,211,600 XOF
Inventory Analyst Purchasing and Inventory 3,455,900 XOF
Inventory Control Clerk Purchasing and Inventory 1,896,700 XOF
Inventory Management Associate Purchasing and Inventory 3,850,500 XOF
Inventory Specialist Purchasing and Inventory 3,529,600 XOF
Logistics Engineer Purchasing and Inventory 3,178,700 XOF
Master Planner Purchasing and Inventory 3,481,100 XOF
Material Handler Purchasing and Inventory 2,146,100 XOF
Material Planning Specialist Purchasing and Inventory 2,902,500 XOF
Merchandise Manager Purchasing and Inventory 4,224,200 XOF
Procurement Administrator Purchasing and Inventory 4,309,300 XOF
Procurement Agent Purchasing and Inventory 2,893,600 XOF
Procurement Analyst Purchasing and Inventory 4,681,400 XOF
Procurement Assistant Purchasing and Inventory 2,641,300 XOF
Procurement Associate Purchasing and Inventory 3,769,500 XOF
Procurement Clerk Purchasing and Inventory 1,632,100 XOF
Procurement Engineer Purchasing and Inventory 3,539,100 XOF
Procurement Manager Purchasing and Inventory 6,984,300 XOF
Procurement Officer Purchasing and Inventory 1,751,700 XOF
Procurement Process Analyst Purchasing and Inventory 4,129,300 XOF
Procurement Specialist Purchasing and Inventory 3,288,400 XOF
Production Planner Purchasing and Inventory 3,996,300 XOF
Project Buyer Purchasing and Inventory 4,558,700 XOF
Purchaser Purchasing and Inventory 5,183,700 XOF
Purchasing Agent Purchasing and Inventory 2,953,200 XOF
Purchasing Assistant Purchasing and Inventory 1,870,400 XOF
Purchasing Manager Purchasing and Inventory 7,321,700 XOF
Purchasing Officer Purchasing and Inventory 3,299,800 XOF
Purchasing Supervisor Purchasing and Inventory 4,931,400 XOF
Shipping and Receiving Clerk Purchasing and Inventory 1,788,300 XOF
Shipping Coordinator Purchasing and Inventory 3,553,500 XOF
Stock Clerk Purchasing and Inventory 1,846,200 XOF
Stock Regulator Purchasing and Inventory 2,086,500 XOF
Storage Manager Purchasing and Inventory 4,282,500 XOF
Store Keeper Purchasing and Inventory 1,777,700 XOF
Stores and Logistics Coordinator Purchasing and Inventory 3,840,400 XOF
Supply Chain Analyst Purchasing and Inventory 5,063,200 XOF
Supply Chain Coordinator Purchasing and Inventory 3,850,500 XOF
Supply Chain Development Manager Purchasing and Inventory 6,457,900 XOF
Supply Chain Director Purchasing and Inventory 7,763,600 XOF
Supply Chain Manager Purchasing and Inventory 7,510,300 XOF
Supply Planner Purchasing and Inventory 3,421,600 XOF
Warehouse Assistant Purchasing and Inventory 1,440,700 XOF
Warehouse Clerk Purchasing and Inventory 1,476,700 XOF
Warehouse Executive Purchasing and Inventory 5,771,600 XOF
Warehouse Lead Purchasing and Inventory 4,140,900 XOF
Warehouse Manager Purchasing and Inventory 6,109,700 XOF
Warehouse Supervisor Purchasing and Inventory 4,450,400 XOF
Wholesale Buyer Purchasing and Inventory 5,651,400 XOF

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