Average Inventory Control Manager Salary in Seychelles for 2024

In this article, we will look at the average Inventory Control Manager salary for 2024 in Seychelles 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 Seychellois rupee. To keep things simple, we are using the SCR currency code instead of the currency symbol โ‚จ.

How Much Does an Inventory Control Manager Make in Seychelles?

An Inventory Control Manager working in Seychelles will typically earn around 275,800 SCR per year, and this can range from the lowest average salary of about 128,500 SCR to the highest average salary of 437,300 SCR.

Average Annual Salary
275,800 SCR
Average Monthly Salary
22,983 SCR

Lowest Annual Salary
128,500 SCR
Lowest Monthly Salary
10,708 SCR

Highest Annual Salary
437,300 SCR
Highest Monthly Salary
36,441 SCR

These are average salaries for an Inventory Control Manager in Seychelles 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 Seychelles

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

Salary ranges

We already know that an Inventory Control Manager can earn between 128,500 SCR and 437,300 SCR on average in Seychelles. 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 Seychelles is 294,700 SCR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 294,700 SCR, and 50% of the population earn more than 294,700 SCR.

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 Seychelles, 25% of the population are earning less than 192,000 SCR while 75% of the population earn more than 192,000 SCR.

75% of the population earn less than 385,300 SCR, and 25% of the population earn more than 385,300 SCR.

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 Seychelles

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 Seychelles that has less than two years of experience can expect to earn somewhere in the region of 151,800 SCR.
  • 2 - 5 Years Experience. With two to five years of experience the average Inventory Control Manager salary would increase to 207,800 SCR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Inventory Control Manager, the average salary would be 294,300 SCR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 359,900 SCR.
  • 15 - 20 Years Experience. An Inventory Control Manager with 15 to 20 years of experience can earn an average of 378,300 SCR.
  • 20+ Years Experience. For an Inventory Control Manager with more than 20 years, the expected average salary increases to 412,000 SCR.

Average Salary by Experience Chart

0-2 Years
151,800 SCR
2-5 Years +38%
207,800 SCR
5-10 Years +42%
294,300 SCR
10-15 Years +22%
359,900 SCR
15-20 Years +6%
378,300 SCR
20+ Years +9%
412,000 SCR

Inventory Control Manager Salary by Education Level in Seychelles

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 Seychelles 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 Seychelles with a high school education can earn an average salary of 185,100 SCR.

  • Certificate or Diploma. An Inventory Control Manager in Seychelles with a certificate or diploma education can earn an average salary of 215,100 SCR.

  • Bachelor's Degree. An Inventory Control Manager in Seychelles with a bachelor's degree education can earn an average salary of 315,700 SCR.

  • Master's Degree. An Inventory Control Manager in Seychelles with a master's degree education can earn an average salary of 412,000 SCR.

Average Salary by Education Chart

High School
185,100 SCR
Certificate or Diploma +17%
215,100 SCR
Bachelor's Degree +45%
315,700 SCR
Master's Degree +31%
412,000 SCR

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 Seychelles is around 98,200 to 295,000 SCR 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 Seychelles, a male inventory control manager will earn an average of 296,000 SCR, while a female inventory control manager will earn around 261,300 SCR.

This means that a male inventory control manager earns approximately 13% more than a female inventory control manager for performing the same job.

Average Salary by Gender Chart in Seychelles

Male
296,000 SCR
Female -13%
261,300 SCR

Inventory Control Manager Average Pay Raise in Seychelles

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 Seychelles is around 7% every 30 months.

The national average pay raise across all professions and industries in Seychelles is around 5% every 28 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that an Inventory Control Manager in Seychelles can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Seychelles for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Inventory Control Manager Bonus and Incentive Rates in Seychelles

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 66% of employees reporting at least one bonus in the last 12 months.

34% 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 5% to 9%.

Received Bonus
66%
No Bonus
34%

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 Seychelles earn approximately 5% more than private sector employees in the same role.

Public Sector
240,500 SCR
Private Sector -5%
228,500 SCR

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 Seychelles.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 187,300 SCR
Asset Protection Associate Purchasing and Inventory 189,300 SCR
Asset Protection Specialist Purchasing and Inventory 221,500 SCR
Assistant Buyer Purchasing and Inventory 183,700 SCR
Buyer Purchasing and Inventory 290,800 SCR
Capacity Planner Purchasing and Inventory 207,700 SCR
Category Leader Purchasing and Inventory 208,600 SCR
Category Management Specialist Purchasing and Inventory 212,500 SCR
Category Manager Purchasing and Inventory 228,500 SCR
Channel Services Representative Purchasing and Inventory 209,500 SCR
Contracts Manager Purchasing and Inventory 254,700 SCR
Contracts Specialist Purchasing and Inventory 209,500 SCR
Demand Planner Purchasing and Inventory 210,500 SCR
Demand Planning Manager Purchasing and Inventory 263,200 SCR
Distribution Assistant Purchasing and Inventory 176,800 SCR
Distribution Associate Purchasing and Inventory 175,900 SCR
Distribution Manager Purchasing and Inventory 401,300 SCR
Inventory Analyst Purchasing and Inventory 192,600 SCR
Inventory Control Clerk Purchasing and Inventory 111,240 SCR
Inventory Management Associate Purchasing and Inventory 201,100 SCR
Inventory Specialist Purchasing and Inventory 195,200 SCR
Logistics Engineer Purchasing and Inventory 176,800 SCR
Master Planner Purchasing and Inventory 183,600 SCR
Material Handler Purchasing and Inventory 127,700 SCR
Material Planning Specialist Purchasing and Inventory 176,800 SCR
Merchandise Manager Purchasing and Inventory 243,000 SCR
Procurement Administrator Purchasing and Inventory 246,500 SCR
Procurement Agent Purchasing and Inventory 157,600 SCR
Procurement Analyst Purchasing and Inventory 245,300 SCR
Procurement Assistant Purchasing and Inventory 154,700 SCR
Procurement Associate Purchasing and Inventory 209,700 SCR
Procurement Clerk Purchasing and Inventory 98,440 SCR
Procurement Engineer Purchasing and Inventory 196,800 SCR
Procurement Manager Purchasing and Inventory 397,900 SCR
Procurement Officer Purchasing and Inventory 94,900 SCR
Procurement Process Analyst Purchasing and Inventory 231,000 SCR
Procurement Specialist Purchasing and Inventory 190,500 SCR
Production Planner Purchasing and Inventory 208,600 SCR
Project Buyer Purchasing and Inventory 239,000 SCR
Purchaser Purchasing and Inventory 307,400 SCR
Purchasing Agent Purchasing and Inventory 168,100 SCR
Purchasing Assistant Purchasing and Inventory 108,300 SCR
Purchasing Manager Purchasing and Inventory 412,000 SCR
Purchasing Officer Purchasing and Inventory 189,300 SCR
Purchasing Supervisor Purchasing and Inventory 275,800 SCR
Shipping and Receiving Clerk Purchasing and Inventory 102,020 SCR
Shipping Coordinator Purchasing and Inventory 187,300 SCR
Stock Clerk Purchasing and Inventory 103,260 SCR
Stock Regulator Purchasing and Inventory 119,700 SCR
Storage Manager Purchasing and Inventory 261,300 SCR
Store Keeper Purchasing and Inventory 102,460 SCR
Stores and Logistics Coordinator Purchasing and Inventory 204,000 SCR
Supply Chain Analyst Purchasing and Inventory 290,800 SCR
Supply Chain Coordinator Purchasing and Inventory 218,900 SCR
Supply Chain Development Manager Purchasing and Inventory 378,800 SCR
Supply Chain Director Purchasing and Inventory 426,700 SCR
Supply Chain Manager Purchasing and Inventory 401,300 SCR
Supply Planner Purchasing and Inventory 191,600 SCR
Warehouse Assistant Purchasing and Inventory 80,280 SCR
Warehouse Clerk Purchasing and Inventory 83,060 SCR
Warehouse Executive Purchasing and Inventory 340,400 SCR
Warehouse Lead Purchasing and Inventory 239,000 SCR
Warehouse Manager Purchasing and Inventory 369,900 SCR
Warehouse Supervisor Purchasing and Inventory 233,900 SCR
Wholesale Buyer Purchasing and Inventory 296,000 SCR

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