PortandTerminal.com, July 9, 2020
The Association for Supply Chain Management (ASCM) just published their third annual “Supply Chain and Career Survey Report” and it paints a very positive picture of conditions in the industry.
More than 2400 supply chain professionals from the United States
provided their responses to the 2020 survey focused on compensation and careers in the supply chain field.
Here’s a quick top line of their key findings:
Salaries are solid
Supply chain professionals with a bachelor’s degree reported a
median salary of $78,750, which is 24% higher than the national
median salary. When additional benefits are factored in, that median increases to $82,007.
Furthermore, supply chain professionals can look forward to steady growth in their earnings as their experience grows with the biggest jump occurring after 5 years of experience.
Gender Gap Continues to Narrow
For the 2nd year in a row, respondents under 30 reported the same median salary regardless of gender. Women 30-39 reported a median salary that is 93% of what men earn. Although still not acceptable, it’s higher than what women on average nationally earn which is 82% of what men earn.
Benefits are good
Almost three-quarters of supply chain professionals are offered paid family/medical leave and more than 80% receive three weeks or more of vacation time. The majority (79%) of respondents are satisfied with the quality of their benefits.
Happy with their careers
Nearly all (88%) have a positive outlook of their career and most (85%) would recommend supply chain as a career path to others.
To download and read the full 32 page “Supply Chain and Career Survey Report 2020” report click here.
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