Career Survey Shows Highly Educated, Well Compensated Supply Chain Managers
May 02, 2011 - SCMR Editorial
A few weeks back we asked you to fill out our survey on career growth and development.
The survey asked about things like job titles, past work experience, and scope of supply chain responsibilities. We also inquired about educational background, affiliations with professionals associations, and salaries. We’re hoping to make some correlations among these factors to help guide supply chain professionals in their career path planning.
If you participated, thanks very much! But whether or not you did, I think you’ll find the results interesting.
We have just started the early tabulations of the 200 or so responses received and have already discerned some interesting findings. I would like to share a few with you.
First off, it’s clear that the responders—subscribers to SCMR and to our online newsletters—are a highly educated group. Fully 85 percent have a bachelor’s degree or higher. In fact, four out of ten have a master’s degree. Most of the degrees held (just over 50 percent) are in business generally or logistics/SCM specifically.
For a significant portion of the respondents, the education did not end with their undergraduate or graduate schooling. Sixty percent have taken executive education or other job-related classes within the past 12 months.
Education levels no doubt play a role in the compensation levels, which overall seem to be pretty high. Three out of four respondents to our survey are earning in excess of $100,000. Fifty-four percent are earning more than $150,000, with 25 percent topping $200,000.
Another positive finding shows that supply chain people generally have been able to hold onto their jobs during uneven economic times. Asked if they had been affected as a result of layoffs or downsizing over the last five years, only 19 percent answered in the affirmative.
As I said, these are just some of the early findings. As the final tabulation and analysis proceeds, we’ll update you on what we’ve discovered.
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