The median salary for supply chain professionals is $86,000 annually. Despite the economic challenges of 2020, 87% of those surveyed received an additional cash bonus. A typical starting salary for individuals entering the supply chain field is $60,000.
For the past two years, the pay gap between men and women under 40 narrowed. This year, it finally closed: Women in that age group report a median salary of $81,000 annually, which is $2,000 more than what men reported.
Nearly all supply chain professionals (95%) kept their jobs during the pandemic. Although fewer received a salary increase in 2020, the increases themselves were higher than last year, reinforcing the need for supply chain talent. Unsurprisingly, workloads increased and there was a greater need for risk management, digital supply chain and leadership expertise.
The pandemic has significantly increased the demand for supply chain professionals. Whether just graduating college or already working in the field, about one-third of respondents say they found a job in less than a month. More than half secured employment within three months of starting their search.
Despite a stressful year, supply chain professionals continue to report high job satisfaction. Odds are you know someone who is looking for a new career. ASCM has numerous resources for those interested in exploring the supply chain field. You can be a supply chain hero by pointing them to this information.
Those who report earning at least one APICS certification have a median salary of $90,000, which is 27% higher than those without a designation. In addition, 21% of those with an APICS certification and an undergraduate supply chain degree received a promotion in the last year.
More than 2,000 U.S. supply chain professionals participated in this year’s survey. It shows a bright outlook for those employed in the supply chain field, with wage increases and high job satisfaction reported across the profession. The ASCM 2021 Supply Chain Salary and Career Survey Report is available free for members.
ASCM members have access to members-only benefits including the salary calculator, career resources and networking opportunities. Members also receive discounts on conferences, educational programs, publications, and more.
Despite a stressful year, supply chain professionals continue to report high job satisfaction, odds are you know someone who is looking for a new career. ASCM has pulled together resources for those interested in exploring the supply chain field. You can be a supply chain hero by pointing them to this information.
