Global Salary Development Report
Overall, around half of the employees in the logistics industry seem to be satisfied with current salary levels with only 11% of the employees not satisfied at all. However, some regional differences between Asia and Europe exist.
The key results from the report indicate the following:
- With 73% dissatisfaction, it is clear that participants from Asia are far more dissatisfied about salary levels than participants from Europe and the US.
- Women in Asia continue to earn far less than men. The gender gap in Asia shows a pay difference of more than 34%, whereas in Europe this is less than 6%.
- Pay satisfaction increases for higher paid jobs against those in lower paid positions.
- Europeans seem most reluctant to take a wage cut for a challenging new job. Americans and Asians are more open to a salary reduction in order to take on a more challenging role if the perceive this to be beneficial to their overall career planning.
- Key secondary benefits which employees across all regions appreciate are a variable bonus scheme, and a healthcare program. One big difference is that participants from Asia do not list pension plans as an important secondary salary benefit whereas participants from the US and Europe do.
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