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December 2019
If it’s December, it must be time for our annual Executive Guide to Supply Chain Resources. This is a comprehensive guide to services, products and educational opportunities targeted specifically to supply chain professionals. As with years past, we’re also featuring several articles we trust will offer food for thought in your supply chain in the coming year. Browse this issue archive.Need Help? Contact customer service 1-508-503-1313 More options
The national unemployment rate is at a 50 year low, senior-level recruits are particularly elusive and supply chain has become a corporate imperative for companies across nearly all industries. This “perfect storm” is driving continued pay increases for professionals who can analyze, coordinate and orchestrate their organizations’ supply chains.
Currently at 3.5%, the national unemployment rate hardly applies to the company that’s looking for logistics talent in the management, senior-level and C-suite categories. “If someone has a four-year college degree or more, from what I’m seeing the real unemployment rate is more like 2%,” Ajilon’s Tisha Danehl told Logistics Management, our sister publication, last June, noting that job experience can also drive those percentages down. “If your criteria for a new hire is three-plus years of experience, then you’re definitely getting into the 2% realm versus 3.5%.”
Put simply: Supply chain professionals at the senior management level are in big demand right now. Their salaries continue to go up year-over-year without fail, which makes finding new ones very difficult in this labor market. This year’s SCMR salary survey supports all of these points and uncovers the current salaries and overall compensation for supply chain professionals; their current job/overall career satisfaction; and their education levels and participation in career-related education.
Peerless Media Group conducted this year’s Compensation and Executive Education Study in May of 2019. An e-mail invitation was sent to subscribers of SCMR asking for their participation. Based on 199 qualified respondents, the results include a margin of error of +/- 7.1% (i.e., if the entire population responded, results may vary by that amount)
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Sorry, but your login has failed. Please recheck your login information and resubmit. If your subscription has expired, renew here.
December 2019
If it’s December, it must be time for our annual Executive Guide to Supply Chain Resources. This is a comprehensive guide to services, products and educational opportunities targeted specifically to supply chain… Browse this issue archive. Access your online digital edition. Download a PDF file of the December 2019 issue.The national unemployment rate is at a 50 year low, senior-level recruits are particularly elusive and supply chain has become a corporate imperative for companies across nearly all industries. This “perfect storm” is driving continued pay increases for professionals who can analyze, coordinate and orchestrate their organizations' supply chains.
Currently at 3.5%, the national unemployment rate hardly applies to the company that's looking for logistics talent in the management, senior-level and C-suite categories. “If someone has a four-year college degree or more, from what I'm seeing the real unemployment rate is more like 2%,” Ajilon's Tisha Danehl told Logistics Management, our sister publication, last June, noting that job experience can also drive those percentages down. “If your criteria for a new hire is three-plus years of experience, then you're definitely getting into the 2% realm versus 3.5%.”
Put simply: Supply chain professionals at the senior management level are in big demand right now. Their salaries continue to go up year-over-year without fail, which makes finding new ones very difficult in this labor market. This year's SCMR salary survey supports all of these points and uncovers the current salaries and overall compensation for supply chain professionals; their current job/overall career satisfaction; and their education levels and participation in career-related education.
Peerless Media Group conducted this year's Compensation and Executive Education Study in May of 2019. An e-mail invitation was sent to subscribers of SCMR asking for their participation. Based on 199 qualified respondents, the results include a margin of error of +/- 7.1% (i.e., if the entire population responded, results may vary by that amount).
SUBSCRIBERS: Click here to download PDF of the full article.
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About the Author
Bridget McCrea, Contributing Editor
Bridget McCrea is a Contributing Editor for Logistics Management based in Clearwater, Fla. She has covered the transportation and supply chain space since 1996 and has covered all aspects of the industry for Logistics Management and Supply Chain Management Review. She can be reached at [email protected], or on Twitter @BridgetMcCrea
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