PUTTING IN THE TIME
Their compensation may be on the way up, but readers certainly are not sitting back and enjoying their
raises. In fact, they seem to be working harder than
ever. Only 20 percent of those who took part in the
survey said they worked 45 hours or less during the
average week. Another 70 percent said they typically
worked 46 to 60 hours a week (including time spent
working outside the office). A no-doubt-exhausted
10 percent said they’re devoting more than 60 hours
a week to their jobs. And it doesn’t seem to matter
much what your title, industry, or location may be—
with 92 percent of respondents reporting that their
work hours had increased or stayed the same over the
previous three years, it’s clear that almost everyone is
putting in their time, and then some.
One possible reason for the long hours is that most
of the respondents have more responsibilities than
they did in the past. Sixty-four percent of the survey
participants reported that the number of functions
they manage has increased over the past three years.
Another 32 percent said their responsibilities had
stayed the same, and just 4 percent reported a decrease.
It’s rare, moreover, for a reader to be responsible for
a single function. Fewer than two-dozen of the survey
takers said they have one functional responsibility,
and more than half said they are responsible for three
or more of the six functions mentioned in the survey.
The greater the number of functions you oversee,
of course, the more people to manage. No surprise,
then, that nearly two-thirds ( 64 percent) of the survey
respondents said they had five or more direct reports.
Another reason why DCV readers work so hard
is that on average, 18 percent of their compensation is based on their performance. Vice presidents,
directors, and managers in the third-party logistics,
wholesale, and transportation businesses are most
likely to have 50 percent or more of their pay based
on performance.
With respondents reporting a wide range of titles
and responsibilities, it’s inevitable that our survey
would show a significant range in salaries. Which
titles pay the most on average? Corporate officers
were at the top of the salary ladder. The average salary
for C-level respondents was $250,364—considerably
higher than the average salary of vice presidents, who
Position Average Average
salary 2014 salary 2013
Corporateofficer $250,364 $179,171
Vice president $181,077 $167,959
President $146,892 $147,947
Director $124,630 $121,915
Manager $87,445 $93,266
Supervisor $64,255 $64,744
Overall $119,538 $108,296
EXHIBIT 1
Salary by position
Level of education Average salary
High school diploma $97,450
Bachelor’s degree $121,113
Master’s degree $145,134
Doctorate $270,000
EXHIBIT 2
Salary by education
EXHIBIT 3
Salary by years of experience
Years in logistics Average Median
salary 2014 salary 2014*
0– 5 $85,620 $77,000
6–10 $104,095 $70,000
11–15 $96,000 $85,000
16–20 $122,881 $105,000
21–25 $112,758 $110,000
More than 25 $148,675 $120,000
*The median represents the midpoint of a set of numbers; that is,
half the numbers have values that are greater than the median,
and half have values that are less. We have included the median
here because it’s less likely than the average to be skewed by
extremes at either end of the scale.
