29th Annual Salary Survey: Experience pays

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According to the findings of Logistics Management’s (LM) 29th Annual Salary Survey conducted by Peerless Media Research Group (PRG), median earnings and compensation are on an even keel. But if a sudden tidal surge occurs in 2013, it will not be one that lifts all boats. Indeed, our research team contends that the winners will be those who have kept faith with time-honored values: education, hard work, and company loyalty.

Our research team also finds that the demographic “sweet spot” for salary is still in the middle-age range of 45 years old all the way to 63 years old; however, we found that younger professionals on the fast track can eclipse their current salaries with added education. But for that happen, says our research team, they will have to strive for excellence when it comes to introducing decision analysis, IT tools, cross-functional and cross-organizational teaming, as well as finance—and do it for the same company for a while.

Read More at Logistics Management.