Average Inventory Specialist Salary in Indonesia for 2024

In this article, we will look at the average Inventory Specialist salary for 2024 in Indonesia 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 Indonesian rupiah. To keep things simple, we are using the IDR currency code instead of the currency symbol Rp.

How Much Does an Inventory Specialist Make in Indonesia?

An Inventory Specialist working in Indonesia will typically earn around 127,201,600 IDR per year, and this can range from the lowest average salary of about 58,798,900 IDR to the highest average salary of 202,799,300 IDR.

Average Annual Salary
127,201,600 IDR
Average Monthly Salary
10,600,133 IDR

Lowest Annual Salary
58,798,900 IDR
Lowest Monthly Salary
4,899,908 IDR

Highest Annual Salary
202,799,300 IDR
Highest Monthly Salary
16,899,941 IDR

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

Inventory Specialist 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 Specialist Salaries in Indonesia

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

Salary ranges

We already know that an Inventory Specialist can earn between 58,798,900 IDR and 202,799,300 IDR on average in Indonesia. 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 Specialist in Indonesia is 138,000,600 IDR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 138,000,600 IDR, and 50% of the population earn more than 138,000,600 IDR.

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 Specialist salary in Indonesia, 25% of the population are earning less than 88,560,900 IDR while 75% of the population earn more than 88,560,900 IDR.

75% of the population earn less than 184,799,000 IDR, and 25% of the population earn more than 184,799,000 IDR.

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 Specialist Salary by Experience Level in Indonesia

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 specialist 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 Specialist in Indonesia that has less than two years of experience can expect to earn somewhere in the region of 66,720,300 IDR.
  • 2 - 5 Years Experience. With two to five years of experience the average Inventory Specialist salary would increase to 89,041,300 IDR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Inventory Specialist, the average salary would be 131,998,300 IDR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 160,800,900 IDR.
  • 15 - 20 Years Experience. An Inventory Specialist with 15 to 20 years of experience can earn an average of 175,200,500 IDR.
  • 20+ Years Experience. For an Inventory Specialist with more than 20 years, the expected average salary increases to 189,600,800 IDR.

Average Salary by Experience Chart

0-2 Years
66,720,300 IDR
2-5 Years +34%
89,041,300 IDR
5-10 Years +48%
131,998,300 IDR
10-15 Years +22%
160,800,900 IDR
15-20 Years +9%
175,200,500 IDR
20+ Years +8%
189,600,800 IDR

Inventory Specialist Salary by Education Level in Indonesia

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 Specialist in Indonesia 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 Specialist in Indonesia with a high school education can earn an average salary of 81,840,300 IDR.

  • Certificate or Diploma. An Inventory Specialist in Indonesia with a certificate or diploma education can earn an average salary of 96,358,400 IDR.

  • Bachelor's Degree. An Inventory Specialist in Indonesia with a bachelor's degree education can earn an average salary of 139,199,500 IDR.

  • Master's Degree. An Inventory Specialist in Indonesia with a master's degree education can earn an average salary of 182,401,400 IDR.

Average Salary by Education Chart

High School
81,840,300 IDR
Certificate or Diploma +18%
96,358,400 IDR
Bachelor's Degree +45%
139,199,500 IDR
Master's Degree +31%
182,401,400 IDR

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 Indonesia is around 60,700,000 to 182,000,000 IDR 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 Specialist 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 Indonesia, a male inventory specialist will earn an average of 136,800,100 IDR, while a female inventory specialist will earn around 118,681,600 IDR.

This means that a male inventory specialist earns approximately 15% more than a female inventory specialist for performing the same job.

Average Salary by Gender Chart in Indonesia

Male
136,800,100 IDR
Female -15%
118,681,600 IDR

Inventory Specialist Average Pay Raise in Indonesia

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 Specialist in Indonesia is around 9% every 20 months.

The national average pay raise across all professions and industries in Indonesia is around 8% every 18 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 = ( 9 ÷ 20 ) × 12  = 5%

What this means is that an Inventory Specialist in Indonesia can expect to receive an average pay raise of around 5% every 12 months.

Annual Pay Raise by Industry in Indonesia for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Inventory Specialist Bonus and Incentive Rates in Indonesia

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 Specialist is a moderate bonus based job, with 58% of employees reporting at least one bonus in the last 12 months.

42% 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 2% to 7%.

Received Bonus
58%
No Bonus
42%

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 Indonesia earn approximately 9% more than private sector employees in the same role.

Public Sector
151,201,000 IDR
Private Sector -9%
139,199,500 IDR

Salaries for Jobs Similar to an Inventory Specialist

In the table below, we have salary information for jobs that are similar to an Inventory Specialist in Indonesia.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 139,199,500 IDR
Asset Protection Associate Purchasing and Inventory 128,400,500 IDR
Asset Protection Specialist Purchasing and Inventory 135,600,300 IDR
Assistant Buyer Purchasing and Inventory 125,999,700 IDR
Buyer Purchasing and Inventory 201,598,500 IDR
Capacity Planner Purchasing and Inventory 145,200,100 IDR
Category Leader Purchasing and Inventory 136,800,100 IDR
Category Management Specialist Purchasing and Inventory 140,401,100 IDR
Category Manager Purchasing and Inventory 157,201,600 IDR
Channel Services Representative Purchasing and Inventory 144,001,700 IDR
Contracts Manager Purchasing and Inventory 164,398,100 IDR
Contracts Specialist Purchasing and Inventory 134,400,400 IDR
Demand Planner Purchasing and Inventory 142,799,100 IDR
Demand Planning Manager Purchasing and Inventory 182,401,400 IDR
Distribution Assistant Purchasing and Inventory 124,799,100 IDR
Distribution Associate Purchasing and Inventory 127,201,600 IDR
Distribution Manager Purchasing and Inventory 257,999,600 IDR
Inventory Analyst Purchasing and Inventory 134,400,400 IDR
Inventory Control Clerk Purchasing and Inventory 70,801,500 IDR
Inventory Control Manager Purchasing and Inventory 180,000,500 IDR
Inventory Management Associate Purchasing and Inventory 142,799,100 IDR
Logistics Engineer Purchasing and Inventory 129,601,700 IDR
Master Planner Purchasing and Inventory 133,198,700 IDR
Material Handler Purchasing and Inventory 84,960,400 IDR
Material Planning Specialist Purchasing and Inventory 119,998,200 IDR
Merchandise Manager Purchasing and Inventory 152,398,600 IDR
Procurement Administrator Purchasing and Inventory 162,000,100 IDR
Procurement Agent Purchasing and Inventory 100,321,300 IDR
Procurement Analyst Purchasing and Inventory 172,800,900 IDR
Procurement Assistant Purchasing and Inventory 105,719,800 IDR
Procurement Associate Purchasing and Inventory 136,800,100 IDR
Procurement Clerk Purchasing and Inventory 66,359,800 IDR
Procurement Engineer Purchasing and Inventory 134,400,400 IDR
Procurement Manager Purchasing and Inventory 276,001,000 IDR
Procurement Officer Purchasing and Inventory 65,641,400 IDR
Procurement Process Analyst Purchasing and Inventory 162,000,100 IDR
Procurement Specialist Purchasing and Inventory 128,400,500 IDR
Production Planner Purchasing and Inventory 152,398,600 IDR
Project Buyer Purchasing and Inventory 174,000,900 IDR
Purchaser Purchasing and Inventory 199,199,700 IDR
Purchasing Agent Purchasing and Inventory 117,001,300 IDR
Purchasing Assistant Purchasing and Inventory 72,119,000 IDR
Purchasing Manager Purchasing and Inventory 269,998,100 IDR
Purchasing Officer Purchasing and Inventory 123,599,800 IDR
Purchasing Supervisor Purchasing and Inventory 183,600,500 IDR
Shipping and Receiving Clerk Purchasing and Inventory 67,321,200 IDR
Shipping Coordinator Purchasing and Inventory 125,999,700 IDR
Stock Clerk Purchasing and Inventory 69,001,000 IDR
Stock Regulator Purchasing and Inventory 81,480,700 IDR
Storage Manager Purchasing and Inventory 177,599,600 IDR
Store Keeper Purchasing and Inventory 67,798,800 IDR
Stores and Logistics Coordinator Purchasing and Inventory 144,001,700 IDR
Supply Chain Analyst Purchasing and Inventory 184,799,000 IDR
Supply Chain Coordinator Purchasing and Inventory 145,200,100 IDR
Supply Chain Development Manager Purchasing and Inventory 238,800,100 IDR
Supply Chain Director Purchasing and Inventory 272,398,100 IDR
Supply Chain Manager Purchasing and Inventory 271,201,600 IDR
Supply Planner Purchasing and Inventory 128,400,500 IDR
Warehouse Assistant Purchasing and Inventory 53,158,700 IDR
Warehouse Clerk Purchasing and Inventory 56,520,500 IDR
Warehouse Executive Purchasing and Inventory 221,999,600 IDR
Warehouse Lead Purchasing and Inventory 154,800,100 IDR
Warehouse Manager Purchasing and Inventory 243,598,200 IDR
Warehouse Supervisor Purchasing and Inventory 170,399,900 IDR
Wholesale Buyer Purchasing and Inventory 200,401,500 IDR

Salary Comparison by City

If you want to compare salaries with different cities in Indonesia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Bandung 134,400,400 IDR
Jakarta 152,398,600 IDR
Makasar 125,999,700 IDR
Malang 127,201,600 IDR
Medan 133,198,700 IDR
Palembang 129,601,700 IDR
Semarang 128,400,500 IDR
Surabaya 151,201,000 IDR
Surakarta 125,999,700 IDR
Tangerang 135,600,300 IDR

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