Inventory Analyst Average Salary in Copenhagen 2024
How much money does a person working as Inventory Analyst make in Copenhagen?
LOW
17,900
DKK AVERAGE
39,000
DKK HIGH
62,000
DKK
A person working as Inventory Analyst in Copenhagen typically earns around 39,000 DKK. Salaries range from 17,900 DKK (lowest) to 62,000 DKK (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Inventory Analyst salaries in Copenhagen vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Inventory Analyst Pay Scale and Salaries in Copenhagen
Salary Structure and Pay Scale Comparison
37,000 DKK or more
32,400 to 37,000 DKK
22,300 DKK or less
22,300 to 32,400 DKK
 17,900 DKK |
37,300 DKK |
62,000 DKK |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Inventory Analyst in Copenhagen range from 17,900 DKK (starting salary) to 62,000 DKK (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.
Median Salary
With a median salary of 37,300 DKK, half of the professionals who work as Inventory Analyst in Copenhagen 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.
Percentiles and Salary Scale
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 Analyst in Copenhagen earn less than 30,000 DKK, while 75% earn more. Similarly, the chart shows that 75% earn less than 42,900 DKK while 25% earn more.
Pay Scale Structure
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 Analyst in Copenhagen compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 22,300 DKK to 32,400 DKK. About 20% of salaries are below the 22,300 DKK mark, while 10% fall within the range of 32,400 DKK to 37,000 DKK. Only 5% of individuals have salaries exceeding 37,000 DKK.
Salary Comparison by Years of Experience / Inventory Analyst / Copenhagen
How do experience and age affect pay?
| 0 - 2 Years | 20,400 DKK | |
| 2 - 5 Years | +34% | 27,200 DKK |
| 5 - 10 Years | +48% | 40,200 DKK |
| 10 - 15 Years | +22% | 49,000 DKK |
| 15 - 20 Years | +9% | 53,400 DKK |
| 20+ Years | +8% | 57,800 DKK |
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 Analyst and this is what we found.
Employees with less than two years of experience earn approximately 20,400 DKK.
While someone with an experience level between two and five years is expected to earn 27,200 DKK, 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 40,200 DKK, 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 49,000 DKK, 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 53,400 DKK, 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 57,800 DKK, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Inventory Analyst / Copenhagen
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Inventory Analyst.
| High School | 25,000 DKK | |
| Certificate or Diploma | +18% | 29,400 DKK |
| Bachelor's Degree | +45% | 42,600 DKK |
| Master's Degree | +31% | 55,800 DKK |
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 Analyst in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 25,000 DKK.
Level 2: Certificate or Diploma
At this level, the average salary becomes 29,400 DKK, 18% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 42,600 DKK, 45% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 55,800 DKK, 31% more than the previous level.
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 Denmark costs anywhere from 204,000 DKK to 612,000 DKK 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.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Inventory Analyst / Copenhagen
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 Analyst in Denmark, the average difference between the salary of male and female employees is 4%.
| Male | 37,500 DKK | |
| Female | -4% | 35,900 DKK |
Salary Comparison By Gender in Denmark for all Careers
Average Annual Salary Increment Percentage / Inventory Analyst / Copenhagen
How much are annual salary increments in Copenhagen for individuals working as Inventory Analyst? How often do employees get salary raises?
Individuals working as Inventory Analyst in Denmark are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
Denmark / All Professions
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.
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
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
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.
Bonus and Incentive Rates / Inventory Analyst / Denmark
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/denmark/purchasing-and-inventory/inventory-analyst/annual-salary-bonus-rate-denmark-inventory-analyst.jpg
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% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe 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.
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 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.
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.
Average Hourly Wage / Inventory Analyst / Copenhagen
220 DKK per hourThe average hourly wage (pay per hour) for individuals working as Inventory Analyst in Copenhagen is 220 DKK.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
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.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Inventory Analyst in Copenhagen is 100 DKK. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Purchasing and Inventory |  -100% | |
| Asset Management Associate | 39,300 DKK |  +1% |
| Asset Protection Associate | 37,100 DKK | -5% |
| Asset Protection Specialist | 40,400 DKK | +4% |
| Assistant Buyer | 34,800 DKK | -11% |
| Buyer | 60,000 DKK | +54% |
| Capacity Planner | 44,600 DKK | +14% |
| Category Leader | 39,700 DKK | +2% |
| Category Management Specialist | 42,100 DKK | +8% |
| Category Manager | 47,000 DKK | +21% |
| Channel Services Representative | 39,600 DKK | +2% |
| Contracts Manager | 49,900 DKK | +28% |
| Contracts Specialist | 38,400 DKK | -2% |
| Demand Planner | 44,600 DKK | +14% |
| Demand Planning Manager | 51,500 DKK | +32% |
| Digital Procurement Manager | 45,300 DKK | +16% |
| Distribution Assistant | 35,000 DKK | -10% |
| Distribution Associate | 36,600 DKK | -6% |
| Distribution Manager | 75,900 DKK | +95% |
| E-Commerce Buyer | 40,900 DKK | +5% |
| E-procurement Specialist | 46,700 DKK | +20% |
| Freight and Customs Compliance Manager | 50,800 DKK | +30% |
| Green Procurement Specialist | 40,300 DKK | +3% |
| Inventory Analyst | 39,000 DKK | +0% |
| Inventory Analytics Manager | 39,800 DKK | +2% |
| Inventory Control Clerk | 21,400 DKK | -45% |
| Inventory Control Manager | 50,700 DKK | +30% |
| Inventory Management Associate | 42,300 DKK | +8% |
| Inventory Optimization Manager | 45,500 DKK | +17% |
| Inventory Specialist | 38,200 DKK | -2% |
| Logistics Automation Engineer | 44,600 DKK | +14% |
| Logistics Engineer | 34,300 DKK | -12% |
| Master Planner | 37,800 DKK | -3% |
| Material Handler | 23,800 DKK | -39% |
| Material Planning Specialist | 34,600 DKK | -11% |
| Merchandise Manager | 43,800 DKK | +12% |
| Procurement Administrator | 47,200 DKK | +21% |
| Procurement Agent | 29,100 DKK | -25% |
| Procurement Analyst | 51,500 DKK | +32% |
| Procurement Assistant | 30,100 DKK | -23% |
| Procurement Associate | 40,800 DKK | +5% |
| Procurement Clerk | 19,000 DKK | -51% |
| Procurement Engineer | 39,300 DKK | +1% |
| Procurement Manager | 75,200 DKK | +93% |
| Procurement Officer | 18,400 DKK | -53% |
| Procurement Process Analyst | 46,700 DKK | +20% |
| Procurement Risk Manager | 43,700 DKK | +12% |
| Procurement Specialist | 35,600 DKK | -9% |
| Procurement Technology Consultant | 45,700 DKK | +17% |
| Production Planner | 43,300 DKK | +11% |
| Project Buyer | 51,000 DKK | +31% |
| Purchaser | 61,800 DKK | +58% |
| Purchasing Agent | 34,000 DKK | -13% |
| Purchasing Assistant | 21,500 DKK | -45% |
| Purchasing Manager | 78,400 DKK | +100% |
| Purchasing Officer | 36,100 DKK | -7% |
| Purchasing Supervisor | 51,200 DKK | +31% |
| Shipping and Receiving Clerk | 18,900 DKK | -52% |
| Shipping Coordinator | 37,000 DKK | -5% |
| Stock Clerk | 20,400 DKK | -48% |
| Stock Regulator | 22,600 DKK | -42% |
| Storage Manager | 51,000 DKK | +31% |
| Store Keeper | 19,400 DKK | -50% |
| Stores and Logistics Coordinator | 39,100 DKK | +0% |
| Strategic Sourcing Analyst | 52,500 DKK | +35% |
| Supplier Diversity Program Manager | 51,100 DKK | +31% |
| Supplier Relationship Manager | 56,000 DKK | +44% |
| Supply Chain Analyst | 57,800 DKK | +48% |
| Supply Chain Coordinator | 42,200 DKK | +8% |
| Supply Chain Development Manager | 70,400 DKK | +81% |
| Supply Chain Director | 82,500 DKK | +110% |
| Supply Chain Manager | 80,000 DKK | +110% |
| Supply Planner | 37,700 DKK | -3% |
| Sustainability Procurement Specialist | 51,700 DKK | +33% |
| Sustainable Sourcing Specialist | 40,400 DKK | +4% |
| Sustainable Supply Chain Manager | 55,800 DKK | +43% |
| Third Party Logistics Manager | 60,200 DKK | +54% |
| Vendor Management Specialist | 54,700 DKK | +40% |
| Warehouse Assistant | 16,000 DKK | -59% |
| Warehouse Automation Engineer | 37,600 DKK | -4% |
| Warehouse Clerk | 16,200 DKK | -58% |
| Warehouse Executive | 68,600 DKK | +76% |
| Warehouse Lead | 45,300 DKK | +16% |
| Warehouse Manager | 66,500 DKK | +71% |
| Warehouse Supervisor | 49,900 DKK | +28% |
| Wholesale Buyer | 58,800 DKK | +51% |
Salary Comparison By City
| City | Average Salary |
| Copenhagen | 39,000 DKK |
Government vs Private Sector Salary Comparison
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 Denmark is 6% on average across all career fields.
| Private Sector | 39,700 DKK | |
| Public Sector | +6% | 42,000 DKK |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Inventory Analyst in Copenhagen?
A good and competitive compensation would range anywhere between 37,300 DKK and 42,900 DKK. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
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.
Base / Basic Salary
The base salary for a careers like Inventory Analyst in Copenhagen ranges from 17,900 DKK to 30,000 DKK. 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.
What is the difference between the median and the average salary?
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
