Subscribe to our free, weekly email newsletter!

30th Annual Salary Survey: Reeling in the talent

Our 2014 survey finds that large companies are boosting their initial salary offerings for new hires by as much as 10 percent. Will this trend help close the logistics talent gap?
By Patrick Burnson, Executive Editor
April 01, 2014

Joel Sutherland, managing director of the Supply Chain Management Institute at the University of San Diego says that there is clear frustration related to staying in the same position or job function for too long—if not for an entire career.

“This can lead to employee turnover when they search outside to gain a richer supply chain experience,” Sutherland says. “Companies, large and small, need to provide and communicate a clear advancement plan for their employees if they want to retain this talent. As evidence, it appears that 69 percent of the LM salary survey respondents are either passively or actively looking for new opportunities.”

Mike Burnette, associated director of The Global Supply Chain Institute at the University of Tennessee, Knoxville, says that sincerity and recognition of what it takes to keep logistics managers happy is also changing.

According to Burnette, many logistics leaders scratch their heads trying to figure out the new supply chain recruits, those we define as Generation Y, born between 1977 and 1994. “They’re a diverse, technology-wise, and sophisticated generation. To keep them engaged, given their shorter attention spans, Generation Y must be challenged.”

And because the survey clearly conveys respondents’ strong desire to raise their salaries, employers should encourage them to pursue ongoing education, says Dr. Bruce Arntzen, executive director of the supply chain management program at the MIT Center for Transportation & Logistics.

“Staying ahead of the learning curve will keep young logistics managers on a positive salary trajectory,” says Arntzen. “This year’s survey clearly points to that trend.”

About the Author

Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The Port of Oakland continues its effort to attract more fully-loaded inbound ocean carrier calls by investing in its infrastructure.

The rule, which will take effect on January 29, 2016, adopts regulations that prohibit motor carriers, shippers, receivers, or transportation intermediaries from coercing drivers to operate commercial motor vehicles (CMVs) in violation of certain provisions of the Federal Motor Carrier Safety Regulations.

Like last month, the current state of affairs was presented in somewhat stark terms in the most recent edition of the Shippers Condition Index (SCI) recently issued by freight transportation consultancy FTR.

The planned acquisition of TNT NV by FedEx moved one step closer to fruition last week, when the United States Federal Trade Commission (FTC) signed off on the deal in the form of getting U.S. antitrust permission to merge, according to a Reuters report.

Logistics Management recently spoke with Abtin Hamidi, chief vice president and co-founder of Mountain View, Calif.-based CargoChief, a provider of transportation and logistics technology focused on providing shippers with securing over-the-road capacity and pricing, among other services.

Article Topics

Features · April 2014 · Salary Survey · All topics


Post a comment
Commenting is not available in this channel entry.

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA