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Purchasing and Inventory Average Salaries in Zimbabwe 2020

How much money does a person working in Purchasing and Inventory make in Zimbabwe?


Average Monthly Salary
215,000 ZWD
( 2,580,000 ZWD yearly)

LOW
77,400
ZWD
AVERAGE
215,000
ZWD
HIGH
403,000
ZWD

A person working in Purchasing and Inventory in Zimbabwe typically earns around 215,000 ZWD per month. Salaries range from 77,400 ZWD (lowest average) to 403,000 ZWD (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Purchasing and Inventory careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Asset Management Associate191,000 ZWD
Asset Protection Associate183,000 ZWD
Asset Protection Specialist202,000 ZWD
Assistant Buyer179,000 ZWD
Buyer300,000 ZWD
Capacity Planner205,000 ZWD
Category Manager231,000 ZWD
Channel Services Representative203,000 ZWD
Contracts Manager238,000 ZWD
Contracts Specialist197,000 ZWD
Demand Planner213,000 ZWD
Demand Planning Manager247,000 ZWD
Distribution Assistant172,000 ZWD
Distribution Manager357,000 ZWD
Inventory Control Clerk102,000 ZWD
Inventory Control Manager271,000 ZWD
Inventory Management Associate192,000 ZWD
Inventory Specialist189,000 ZWD
Logistics Engineer180,000 ZWD
Master Planner180,000 ZWD
Material Handler118,000 ZWD
Material Planning Specialist173,000 ZWD
Merchandise Manager220,000 ZWD
Procurement Administrator227,000 ZWD
Procurement Agent142,000 ZWD
Procurement Analyst234,000 ZWD
Procurement Clerk96,800 ZWD
Procurement Engineer187,000 ZWD
Production Planner206,000 ZWD
Project Buyer241,000 ZWD
Purchaser304,000 ZWD
Purchasing Assistant107,000 ZWD
Purchasing Manager384,000 ZWD
Purchasing Supervisor253,000 ZWD
Shipping and Receiving Clerk91,800 ZWD
Shipping Coordinator176,000 ZWD
Stock Clerk105,000 ZWD
Stock Regulator114,000 ZWD
Storage Manager255,000 ZWD
Store Keeper98,700 ZWD
Stores and Logistics Coordinator193,000 ZWD
Supply Chain Analyst278,000 ZWD
Supply Chain Coordinator203,000 ZWD
Supply Chain Development Manager365,000 ZWD
Supply Chain Manager373,000 ZWD
Supply Planner194,000 ZWD
Warehouse Assistant77,600 ZWD
Warehouse Clerk82,300 ZWD
Warehouse Executive338,000 ZWD
Warehouse Lead218,000 ZWD
Warehouse Manager352,000 ZWD
Warehouse Supervisor235,000 ZWD
Wholesale Buyer279,000 ZWD

Purchasing and Inventory Jobs Salary Distribution in Zimbabwe

Median and salary distribution monthly Zimbabwe Purchasing and Inventory
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The median, the maximum, the minimum, and the range

  • Salary Range

    Purchasing and Inventory salaries in Zimbabwe range from 77,400 ZWD per month (minimum average salary) to 403,000 ZWD per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 232,000 ZWD per month, which means that half (50%) of people working in Purchasing and Inventory are earning less than 232,000 ZWD while the other half are earning more than 232,000 ZWD. 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Purchasing and Inventory are earning less than 139,000 ZWD while 75% of them are earning more than 139,000 ZWD. Also from the diagram, 75% of people working in Purchasing and Inventory are earning less than 343,000 ZWD while 25% are earning more than 343,000 ZWD.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Zimbabwe costs anywhere from 1,080,000 Zimbabwe Dollar(s) to 3,250,000 Zimbabwe Dollar(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Purchasing and Inventory Salary Comparison By Gender

Salary comparison by gender monthly Zimbabwe Purchasing and Inventory
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Zimbabwe who work in Purchasing and Inventory earn 19% more than their female counterparts on average.

Female
197,000 ZWD
Male+19%
234,000 ZWD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Zimbabwe for all Careers

Salary comparison by gender monthly Zimbabwe
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Purchasing and Inventory Average Annual Salary Increment Percentage in Zimbabwe

How much are annual salary increments in Zimbabwe for Purchasing and Inventory professionals? How often do employees get salary raises?

Purchasing and Inventory

Purchasing and Inventory professionals in Zimbabwe are likely to observe a salary increase of approximately 4% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Zimbabwe Purchasing and Inventory
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Zimbabwe / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Zimbabwe is 2%.

Annual Increment Rate By Industry 2019

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Zimbabwe for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Purchasing and Inventory Bonus and Incentive Rates in Zimbabwe

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Zimbabwe Purchasing and Inventory
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Purchasing and Inventory is considered to be a moderate bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

61% of surveyed staff in Purchasing and Inventory reported that they haven't received any bonuses or incentives in the previous year while 39% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
39%
No Bonus
61%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Zimbabwe
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Where can you get paid more, working for a private company or for the government? Public sector employees in Zimbabwe earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
193,000 ZWD
Public Sector+25%
241,000 ZWD
Percentage increase and decrease are relative to the previous value

Purchasing and Inventory Hourly Average Wage in Zimbabwe


1,240 ZWD per hour

The average hourly wage (pay per hour) in Zimbabwe is 1,240 ZWD. This means that the average person in Zimbabwe earns approximately 1,240 ZWD for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Purchasing and Inventory VS Other Jobs

Salary Comparison Between Purchasing and Inventory and Purchasing and Inventory monthly Zimbabwe
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The average salary for Purchasing and Inventory is 1% less than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Bulawayo217,000 ZWD
Harare227,000 ZWD
2000 - 2

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