As much as we love logistics, we all look at our bank account at the end of the month to make sure our payroll arrives on time. That is why the ASCM logistics association prepares an annual study on the professional career and salary in the supply chain, through more than 1,700 responses. Although the study has been carried out entirely in the United States, it gives interesting clues to find out where the future of jobs in the logistics sector can go.
wages in the supply chain
Wage increases in the supply chain
One of the first questions that a worker can ask himself is how his income will increase over the years. In this case, this issue brings you good news. Compared to the average growth of 3% experienced in 2017, this year the average salary increase has been 4.2%. While the majority of respondents (52%) have moved in increases between 2% and 3.9%, 17% have increased their payrolls by 6% or more. On the other side of the scale we find those who have not enjoyed an increase, which represent 9% of workers.
salary according to gender
“Although there is a difference between the salaries of men and women, this seems to be decreasing especially for professionals under 40 years of age.” According to the data from the report, while the difference between those over 60 is notable (they earn 99,640 euros, compared to 73,400 euros for women), this distance is reduced among the youngest. This is the case of those between 30 and 39 years of age, in which the annual salary is identical (€66,735).
Salary according to the level of studies
It is not a surprise that educational level has a significant correlation with wages. Which does not prevent it from being interesting to see how far this influence goes. Comparing the extremes, in the highest bar are graduate or higher studies, which receive 88,981 euros per year on average, compared to 56,058 euros for those who have the equivalent title to what in Spain would be high school.
Supply chain salary based on experience
The amount of experience and time we have been in a sector is another of the key points to determine a salary. According to the results of the study, in the logistics sector income almost doubles between those who start in the supply chain (€51,617) and those who have been in it for more than 20 years (€88,995).
Where do you earn more in the supply chain?
The ASCM study has also distinguished which segments of the supply chain report higher income to its participants. It is striking to see how there is a fairly remarkable balance between these segments, with the exception of one. While the people assigned to planning, purchasing, manufacturing, logistics and reverse logistics within the supply chain move in a narrow range between €71,196 and €74,533, there is a broader jump when we come to support activities . These include tasks such as finance, commercial activity, facilities management, information technology, product design, human resources, etc.