Supply chain professionals with a bachelor’s degree reported a median salary of $78,750, which is 24% higher than the national median salary. Those with an associate degree reported a median salary of $67,000, which is is also much higher than the national median salary.
91% of respondents received some form of additional cash compensation (bonus, profit sharing) to their salary. The average raise increase received in 2019 was 4.7%, which is higher than the national average of 3.5%.
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.
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.
Nearly all (88%) have a positive outlook of their career and most (85%) would recommend supply chain as a career path to others.
Those who reported at least one APICS certification reported 21% higher median salary than those without a certification. Those with at least one APICS certification reported salaries 18% higher than those with other certifications.
Leadership skills are key to success in a supply chain career,
particularly communication and one’s ability to collaborate
With 1 in 4 Americans unemployed due to the coronavirus pandemic, 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.