A person working as Inventory Optimization Manager in Vienna typically earns around 4,760 EUR. Salaries range from 2,190 EUR (lowest) to 7,570 EUR (highest).
This is the average salary including housing, transport, and other benefits. Inventory Optimization Manager salaries in Vienna vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 2,190 EUR |
Median 4,550 EUR |
Maximum 7,570 EUR |
Salaries for the position Inventory Optimization Manager in Vienna range from 2,190 EUR (starting salary) to 7,570 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 4,550 EUR, half of the professionals who work as Inventory Optimization Manager in Vienna earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Inventory Optimization Manager in Vienna earn less than 3,670 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 5,240 EUR while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Inventory Optimization Manager in Vienna compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,720 EUR to 3,950 EUR. About 20% of salaries are below the 2,720 EUR mark, while 10% fall within the range of 3,950 EUR to 4,510 EUR. Only 5% of individuals have salaries exceeding 4,510 EUR.
0 - 2 Years | 2,490 EUR | |
2 - 5 Years | +34% | 3,320 EUR |
5 - 10 Years | +48% | 4,900 EUR |
10 - 15 Years | +22% | 5,980 EUR |
15 - 20 Years | +9% | 6,520 EUR |
20+ Years | +8% | 7,060 EUR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Inventory Optimization Manager and this is what we found.
Employees with less than two years of experience earn approximately 2,490 EUR.
While someone with an experience level between two and five years is expected to earn 3,320 EUR, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,900 EUR, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,980 EUR, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 6,520 EUR, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 7,060 EUR, 8% more than people with fifteen to twenty years of experience.
High School | 3,050 EUR | |
Certificate or Diploma | +18% | 3,590 EUR |
Bachelor's Degree | +45% | 5,200 EUR |
Master's Degree | +31% | 6,810 EUR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Inventory Optimization Manager in order to make a comparison.
Employees at this education level have an average salary of 3,050 EUR.
At this level, the average salary becomes 3,590 EUR, 18% more than the previous level.
At this level, the average salary becomes 5,200 EUR, 45% more than the previous level.
At this level, the average salary becomes 6,810 EUR, 31% more than the previous level.
A Master's degree program or any post-graduate program in Austria costs anywhere from 19,000 EUR to 57,000 EUR 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 to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Inventory Optimization Manager in Austria, the average difference between the salary of male and female employees is 5%.
Male | 4,270 EUR | |
Female | -5% | 4,080 EUR |
Individuals working as Inventory Optimization Manager in Austria are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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.
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
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | % | |
No Bonus | 100% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
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.
The main two types of jobs | |
Revenue Generators | Supporting 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: | Example: |
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.
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.
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 fixed 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.
The minimum pay rate per hour for people working as Inventory Optimization Manager in Vienna is 13 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Purchasing and Inventory | -100% | |
Asset Management Associate | 3,570 EUR | -25% |
Asset Protection Associate | 3,620 EUR | -24% |
Asset Protection Specialist | 4,210 EUR | -12% |
Assistant Buyer | 3,340 EUR | -30% |
Buyer | 5,710 EUR | +20% |
Capacity Planner | 4,110 EUR | -14% |
Category Leader | 3,810 EUR | -20% |
Category Management Specialist | 3,910 EUR | -18% |
Category Manager | 4,260 EUR | -10% |
Channel Services Representative | 4,170 EUR | -12% |
Contracts Manager | 4,610 EUR | -3% |
Contracts Specialist | 3,790 EUR | -20% |
Demand Planner | 4,280 EUR | -10% |
Demand Planning Manager | 5,020 EUR | +6% |
Digital Procurement Manager | 4,450 EUR | -6% |
Distribution Assistant | 3,260 EUR | -31% |
Distribution Associate | 3,310 EUR | -30% |
Distribution Manager | 7,250 EUR | +52% |
E-Commerce Buyer | 3,990 EUR | -16% |
E-procurement Specialist | 4,710 EUR | -1% |
Freight and Customs Compliance Manager | 4,680 EUR | -2% |
Green Procurement Specialist | 4,140 EUR | -13% |
Inventory Analyst | 3,860 EUR | -19% |
Inventory Analytics Manager | 3,900 EUR | -18% |
Inventory Control Clerk | 1,980 EUR | -58% |
Inventory Control Manager | 5,020 EUR | +6% |
Inventory Management Associate | 4,060 EUR | -15% |
Inventory Optimization Manager | 4,760 EUR | +0% |
Inventory Specialist | 3,890 EUR | -18% |
Logistics Automation Engineer | 4,030 EUR | -15% |
Logistics Engineer | 3,330 EUR | -30% |
Master Planner | 3,590 EUR | -25% |
Material Handler | 2,270 EUR | -52% |
Material Planning Specialist | 3,200 EUR | -33% |
Merchandise Manager | 4,520 EUR | -5% |
Procurement Administrator | 4,770 EUR | +0% |
Procurement Agent | 3,070 EUR | -35% |
Procurement Analyst | 4,940 EUR | +4% |
Procurement Assistant | 3,060 EUR | -36% |
Procurement Associate | 4,160 EUR | -13% |
Procurement Clerk | 1,840 EUR | -61% |
Procurement Engineer | 3,870 EUR | -19% |
Procurement Manager | 7,950 EUR | +67% |
Procurement Officer | 1,880 EUR | -60% |
Procurement Process Analyst | 4,620 EUR | -3% |
Procurement Risk Manager | 4,240 EUR | -11% |
Procurement Specialist | 3,570 EUR | -25% |
Procurement Technology Consultant | 4,300 EUR | -10% |
Production Planner | 4,120 EUR | -13% |
Project Buyer | 4,910 EUR | +3% |
Purchaser | 5,810 EUR | +22% |
Purchasing Agent | 3,210 EUR | -33% |
Purchasing Assistant | 2,000 EUR | -58% |
Purchasing Manager | 7,520 EUR | +58% |
Purchasing Officer | 3,640 EUR | -23% |
Purchasing Supervisor | 5,360 EUR | +13% |
Shipping and Receiving Clerk | 1,890 EUR | -60% |
Shipping Coordinator | 3,620 EUR | -24% |
Stock Clerk | 2,080 EUR | -56% |
Stock Regulator | 2,270 EUR | -52% |
Storage Manager | 4,720 EUR | -1% |
Store Keeper | 1,870 EUR | -61% |
Stores and Logistics Coordinator | 3,950 EUR | -17% |
Strategic Sourcing Analyst | 5,070 EUR | +7% |
Supplier Diversity Program Manager | 5,330 EUR | +12% |
Supplier Relationship Manager | 5,650 EUR | +19% |
Supply Chain Analyst | 5,680 EUR | +19% |
Supply Chain Coordinator | 4,260 EUR | -10% |
Supply Chain Development Manager | 7,370 EUR | +55% |
Supply Chain Director | 8,360 EUR | +76% |
Supply Chain Manager | 7,460 EUR | +57% |
Supply Planner | 3,860 EUR | -19% |
Sustainability Procurement Specialist | 5,290 EUR | +11% |
Sustainable Sourcing Specialist | 3,910 EUR | -18% |
Sustainable Supply Chain Manager | 5,780 EUR | +21% |
Third Party Logistics Manager | 6,300 EUR | +32% |
Vendor Management Specialist | 5,200 EUR | +9% |
Warehouse Assistant | 1,550 EUR | -67% |
Warehouse Automation Engineer | 3,820 EUR | -20% |
Warehouse Clerk | 1,560 EUR | -67% |
Warehouse Executive | 6,460 EUR | +36% |
Warehouse Lead | 4,580 EUR | -4% |
Warehouse Manager | 6,860 EUR | +44% |
Warehouse Supervisor | 4,800 EUR | +1% |
Wholesale Buyer | 5,750 EUR | +21% |
City | Average Salary |
Vienna | 4,760 EUR |
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Austria is 7% on average across all career fields.
Private Sector | 3,650 EUR | |
Public Sector | +7% | 3,920 EUR |
A good and competitive compensation would range anywhere between 4,550 EUR and 5,240 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
The base salary for a careers like Inventory Optimization Manager in Vienna ranges from 2,190 EUR to 3,670 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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