Supply chain salaries climb, women not closing gap
Briefing on November 16 to analyze survey, career trends
TORONTO, Nov. 1 /CNW/ - Supply chain salaries climbed nearly four per cent in the past year, in spite of continuing economic doldrums. The average wage reported in the 2010 PMAC/ Purchasingb2b/MM&D Salary Survey was $81,000, up from last year's $78,100.
Half of supply chain professionals notched a salary increase, while 37 per cent remained at their previous level. Ten per cent saw a wage cut in the last year.
The gender gap continues to grow, with a 23.9 per cent disparity between male and female earnings this year. That's an average salary of $93,600 for men versus $71,300 for women. The gap has widened from 19.5 per cent in 2009.
The differential between remuneration for those with a professional designation and those without continues to be significant. The average salary of respondents with an SCMP designation was $88,900 this year. Those without who are enrolled in the SCMP accreditation program earned, on average, $67,200.
"This year's survey is good news for supply chain management professionals," said Cheryl Paradowski, president and CEO of the Purchasing Management Association of Canada (PMAC). "In particular, it is gratifying to see our designated professionals earn such a salary premium. Clearly, employers are willing to pay for proven, highly skilled talent."
Other findings include:
- All regions except Atlantic Canada saw a salary increase this year. Ontario was the principal gainer with an increase of 6.3 per cent to $82,800, followed by Alberta with a 4.4 per cent increase to $93,200.
- Salaries are highest in Alberta, followed by Ontario, Quebec and British Columbia.
- Women with 16 to 20 years of experience face the largest wage disparity (41.7 per cent) as compared to their male counterparts with the same amount of experience. The gap is smallest (13.7 per cent) in the group with six to 10 years of work experience.
- Manufacturing sector salaries saw the largest jump, with the average climbing from $71,600 to $83,500. This was followed by natural resources sector wages, which grew from $90,800 to $97,000.
- 98 per cent say that a competitive salary is important to job satisfaction, but only 67 per cent report being satisfied with their own salary.
The online survey was conducted in June and July 2010 by the Rogers Business and Professional Publishing Research Group. A total of 2,209 respondents from the PMAC membership and from the MM&D and Purchasingb2b readership completed the survey.
PMAC, Purchasingb2b and MM&D will host a complimentary briefing in Toronto and simultaneous national webinar at 12:30 pm ET on November 16, to discuss the survey and career trends in more detail. All supply chain managers, recruitment and human resources personnel are invited to attend. For registration, visit www.pmac.ca/salarybriefing.
About PMAC
The Purchasing Management Association of Canada (PMAC) is the leading association in Canada for supply chain management professionals, and the largest. With 7,000 members working across private and public sectors, PMAC is the principal source of supply chain training, education and professional development in the country, requiring all members to adhere to a Code of Ethics. Through its 10 Provincial and Territorial Institutes, PMAC grants the SCMP (Supply Chain Management Professional) designation, the highest achievement in the field and the mark of strategic leadership. www.pmac.ca
About Purchasingb2b
The mission of Purchasingb2b is to keep the Canadian supply chain management professional informed of the issues and developments shaping the profession as it confronts rapid technological change and plays an increasingly important role in building competitive organizations. Purchasingb2b covers management issues, sector-by-sector trends and legal issues, offering up-to-date news, expert commentary and profiles of Canadian supply chain professionals. www.purchasingb2b.ca
About MM&D
MM&D is Canada's pre-eminent supply chain management magazine with a mandate to help readers do their jobs more cost-effectively. MM&D shows readers how to improve productivity, competitiveness and profitability. MM&D's solution-oriented editorial approach covers the movement, storage and control of materials, products and information. MM&D reaches Canada's leading supply chain decision-makers. www.mmdonline.com
For further information:
Media Contacts:
Sharon Ferriss
vice-president, public affairs and communications, PMAC
416 542-9129
[email protected]
Emily Atkins
publisher/editor-in-chief,Purchasingb2b and MM&D
416 764-1537
[email protected]
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