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A PUBLICATION OF PISANI RECRUITING 2016 Salary Analysis & Career Path Trends for Trade Compliance Professionals

2016 Salary Analysis & Career Path Trends for Trade ... · A PUBLICATION OF PISANI RECRUITING 2016 Salary Analysis & Career Path Trends for Trade Compliance Professionals

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A PUBLICATION OF PISANI RECRUITING

2016SalaryAnalysis&CareerPathTrendsforTradeComplianceProfessionals

ABOUT PISANI RECRUITING

Pisani Recruitingisnotyourtypicalrecruiter.Wespecializeinhelpinginternationaltradeprofessionalsfindcareerswithcompaniestheylove.

Ascareermatchmakers,weattractthebesttalent. Withafresh,new,and personalizedapproach, wematchtherightpeoplewiththerightjobs! Ourgoalistoprovidealong-termand fulfilling relationshipforboththeemployerandtheemployee. Toooftenresumesarelostintheblackabyssofbuzzwordsandcyberspace.Takingthetimetolookattheindividualandtheiruniqueskillsetsandthenmatchingthemwiththerightjobintherightcompany,iswhatmakesusdifferent. Wehelpcandidatesandemployersidentifywhatismostimportanttothem,openingthedoortotheperfectopportunity withtheidealcompany.

Wewanttobeapartnerwithyouwhetheryou’relookingforthatcandidatethatstandsoutfromalltherest,oryou’relookingforthatcareeryou’vealwaysdreamedof,contactusandletushelpyoutoday!

TABLEOFCONTENTS

6

2

3

4

5

Overview

Demographics

JobSatisfaction

CareerPath

Compensation

Tips

1

Summary7

8 HowaRecruitingAgencyCanHelp

OVERVIEW

TheAnnualSalarySurveyforInternationalTradeComplianceProfessionalsisorganizedandperformedbyPisani Recruiting.TheindividualinformationisnotdistributedoutsideofPisani Recruiting.Thesurveywasdistributedtocomplianceprofessionalsthroughmultiplepartnersandassociations.Itwascompletedbyprofessionalsinallsectorsoftheinternationaltradecompliancearea.Theassumptionsmadeinthisreportarebasedonthedatathatwasgatheredfromtherespondents.Thereportcontainssomeilluminatingfindings.Thefollowingpageswillexaminethesefindingsinmoredetail.

PURPOSEThissurveywasusedtodetermineaveragecompensationforInternationalTradeComplianceProfessionalsandanalyzedtodevelopanunderstandingofthejobsatisfactionandamountofcompensationpaid.

DISCLAIMERThenames,companies,personalinformationandindividualdataisnotrevealedandiskeptconfidential.

SURVEYSTATS

TYPE:InternationalTradeComplianceSalarySurvey

TIMEFRAME:TheSalarySurveywasopenfor39days,beginningonDecember13,2016throughJanuary20,2017

RESPONDENTS:Atotalof792respondentsfrom29differentcountries

DEMOGRAPHICS

GENDER

AGE

54%

46% Female

Male

0

42

185

224

267

71

0

50

100

150

200

250

300

18-20 21-29 30-39 40-49 50-59 60orOlder

KeyFinding:Managerscomprisealmostathirdoftherespondentsinthesurvey

247

138

104 9582

4925 23 21

60

50

100

150

200

250

300

Manager IndividualContributor

Other SeniorManager

Director TeamLead RegionalManager

VicePresident

Management/C-Level

Partner

DEMOGRAPHICS

What is your job role?

KeyFinding:63%ofrespondentsareGlobalComplianceManagersandTradeComplianceSpecialists

What is your job title?

258

197

6241 39 32 20 19 16 15 9 6 4

0

50

100

150

200

250

300

DEMOGRAPHICS

KeyFinding:Thetwomostpopularcertifications,LicensedCustomBrokerandUSExportComplianceOfficer,makeup77%ofallcertifications

What certifications do you currently hold?

64

3

11

21

19

38

13

20

353

166

0 50 100 150 200 250 300 350 400

CertifiedUSExportComplianceOfficer

CertifiedInternationalTradeFinanceSpecialist

CertifiedInternationalFreightForwarder

FTZCertification

CertifiedInternationalTradeDocumentationSpecialist

CertifiedInternationalTradeProfessional

CertifiedITARProfessional

CertifiedUSImportComplianceOfficer

LicensedCustomsBroker

Other

DEMOGRAPHICS

Manyfactorsgointothisdecisionsuchas:• JobSatisfaction• CareerGrowth• JobStability• Salary• TotalCompensation

Are you open to looking for new career opportunities or making a career change?

77%

23%

Yes No

JOB SATISFACTION

JOB SATISFACTION

77%Comparedtomen,womenare10%moreopento

makingacareerorjobchange

35%areNOTsatisfiedwithoverall

compensation

39%areNOTpleasedwiththe

careeradvancementopportunities

AREOPENTOMAKINGA

CAREERORJOBCHANGE

KeyFinding:35%ofrespondentswhoarelookingtomakeacareerchangeindicatedtheywerenotsatisfiedwithoverallcompensation

I am satisfied with my overall compensation.

4.2% 25.2% 16.0% 49.2% 5.5%

StronglyDisagree Disagree Neutral Agree StronglyAgree

JOB SATISFACTION

I look forward to going to work.

18%

50%

16%

13%

3%

Always Mostofthetime Abouthalfthetime Onceinawhile Never

JOB SATISFACTION

7.8% 22.0% 30.7% 33.4% 6.1%

StronglyDisagree Disagree Neutral/Neitheragreenordisagree Agree StronglyAgree

I am satisfied with the job related training my organization offers.

JOB SATISFACTION

64.5%

46.2%

29.8%

87.2%

46.3%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

100.0%

Satisfiedwithmyoveralljobsecurity

[N=791]

Organizationisdedicatedtomyprofessionaldevelopment

[N=788]

Pleasedwiththecareeradvancement

opportunitiesavailabletome[N=789]

Understandhowmyworkimpactsthe

organization'sbusinessgoals

[N=790]

Satisfiedwiththeinvestmentmy

organizationmakesintrainingandeducation

[N=791]

JOB SATISFACTION

64%57% aresatisfied

withtheiropportunitiesfor

professionalgrowth

62%aresatisfiedwithoverallcompensation

93%understandhowtheirworkimpactstheorganization'sbusinessgoals

ARESATISFIEDWITHTHEIRJOB

SECURITY

CAREER PATH

Highest Degree Held

023

125

51

362

230

0

50

100

150

200

250

300

350

400

Lessthanhighschooldegree

Highschooldegreeorequivalent(e.g.,

GED)

Somecollegebutnodegree

Associatedegree Bachelordegree Graduatedegree

KeyFinding:Almostthree-quartersoftherespondentshaveatleastaBachelor’sdegree

CAREER PATH

27.5%

20.6%

11.1% 10.5% 9.6%

8.8%

3.6% 3.4%

1.2% 1.2% 1.0% 1.0% 0.7%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

Division / Department

CAREER PATH

SupplyChain/Logistics

63%aresatisfiedwiththeiroverallcompensation.

45%aresatisfiedwithopportunitiesforgrowth.

Legal

63%aresatisfiedwiththeiroverallcompensation.

50%aresatisfiedwithopportunitiesforgrowth.

Finance

59%aresatisfiedwiththeiroverallcompensation.

48%aresatisfiedwithopportunitiesforgrowth.

Operations

40%aresatisfiedwiththeiroverallcompensation.

41%aresatisfiedwithopportunitiesforgrowth.

GlobalCompliance

45%aresatisfiedwiththeiroverallcompensation.

47%aresatisfiedwithopportunitiesforgrowth.

Compensation&professionalgrowthshowthelargestopportunitiesforimprovement,withanywherefromtwo-fifthstomorethanhalfrespondentsinvariousdepartmentsnotsatisfiedinthoseareas.

COMPENSATION

InternationalTradeComplianceProfessionalsgenerallymakebetween$75,000to$99,999

peryear.

Thefollowingisasubsetofthemostcommontitlesbasedontheaveragesalaryrangebyjobtitle:

• Specialiststypicallymakebetween$50,000to$74,999• Analystsand CustomsBrokers typicallymakebetween

$50,000to$74,999• Managersand Consultants typicallymakebetween

$75,000to$99,999• Attorneystypicallymakebetween$200,000andup• Partners typicallymakebetween$200,000andup

COMPENSATION

How much was your base salary earned last year?

8%

21%

28%

19%

10%

6% 3%

5%

0%

5%

10%

15%

20%

25%

30%

($25,000to$49,999)

($50,000to$74,999)

($75,000to$99,999)

($100,000to$124,999)

($125,000to$149,999)

($150,000to$174,999)

($175,000to$199,999)

($200,000andup)

COMPENSATION

>$100k

$75k-$100k

<$75k

43%ofrespondents82%haveaCollegeDegree(41%haveaGraduate

Degree)MajorityareDirectors,ManagersandSenior

ManagersAlmost¾aresatisfiedwithoverallcompensation

28%ofrespondents72%haveaCollegeDegree

MajorityareManagersorIndividualContributorsMorethanhalfaresatisfiedwithoverall

compensation

29%ofrespondents65%haveaCollegeDegree

MajorityareIndividualContributor,Other,orManager

Almost1/3aresatisfiedwithoverallcompensation

TIPS

HowdoIincreasemysalary?

• Education• Setcareergoals• Enrollintrainingseminarsonaconsistentbasis• Talktoyourmanagementaboutcareerpaths• Takewebinarstoexpandyourtradeknowledge• Getadegree• Getcertifiedforthejobyouwant

HowdoIlookforcareeropportunities?

• Networkwithpeers• ContactarecruiterfocusedonInternationalTradeCompliance• Keepyourresumeupdated• Reviewjobboards

o Monster.como Indeed.como Jobs.como PisaniRecruiting.com

• JoinTradeAssociationso ICPAo AAEI

SUMMARY

JobSatisfaction• RespondentsthatutilizeaGTMsolutionaremorelikelytobesatisfiedwithcurrentrole• Respondentsthathavebusinessgoals,andtheimpactofthosegoals,communicatedto

themshowhighersatisfaction.• Highersatisfactionwithjobsecuritycanleadtohighersatisfactionwithoverall

compensation,morealignmentwiththeorganizationalbusinessgoals,andhighersatisfactionwithprofessionalgrowthopportunities.

• Oneofthelargestopportunitiesforimprovementisincareerplanning.Lessthanhalfofrespondentsaresatisfiedwithopportunitiesandorganizationaldedicationtoprofessionaldevelopment,andlessthanonethirdofrespondentsaresatisfiedwithcareeradvancementopportunities.

CertificationandTitles• Obtainingcertificationsforjobspecificrolesiscriticaltocareergrowthandsalary

increases.• Therearehundredsoftitlesforsimilarjobrolesandverylittlestandardizationacrossthe

internationaltradecompliancecommunitywhenitcomestojobtitles.• Almostthree-quartersoftherespondentshaveatleastaBachelor’sdegree.

CareerPath• Thoserespondentsthathaveaclearlyarticulatedcareerpathandgoalsaremorelikelyto

besatisfiedintheircurrentrole.

Compensation• TheaveragesalaryrangeforanInternationalTradeComplianceProfessionalisbetween

$75k- $100kperyear.• Justmorethanhalfofrespondentsagreetheyaresatisfiedwiththeiroverall

compensation.

SUMMARY

AREOPENTOMAKINGACAREERORJOBCHANGE

ARESATISFIEDWITHTHEIRJOB

SECURITY

ARESATISFIEDWITHJOBRELATEDTRAININGS

ARESATISFIEDWITHTHEIROVERALL

COMPENSATION

ARESATISFIEDWITHGROWTH

OPPORTUNITIESWITHINTHEIRCURRENT

ORGANIZATION

UNDERSTANDHOWTHEIRWORKIMPACTSTHE

ORGANIZATION’SGOALS

77%

64%

39%

87%

45%

55%

BENEFITS OF USING AN EXTERNAL RECRUITING FIRM

Isanexternalrecruitingfirmrightforyou? Therearemanygoodreasonstoworkwithanexternalrecruitingfirm,especiallyintheinternationaltradecomplianceindustry.BelowareafewofthebenefitsofworkingwithPisani Recruiting.

QualityMostinternalrecruitingisdoneonlinewiththirdpartysitesandverylittlescreening.Pisani Recruitingutilizespersonalinterviews,provensourcesforhighqualitycandidates,personalityprofiles,careermatchingtoolsandmoretohelpyouhireandkeepthebestcandidateforyourposition!

TimeframeWhenworkingwithnicheindustriesor specializedjobroles,jobscanbeextremelydifficulttofill. Positionscanoftenbefilledfasterbyrecruitingagenciesbecauseagenciesfocusonthosespecificcandidateswithalargeapplicantpoolalreadyexisting.

CorporateCultureProfessionalrecruitingfirmswillanalyzeyourcorporateculture,speakdirectlywiththehiringmanagerandperformcorporatecultureassessmentsandindividualpersonalityprofileswhichleadtohigherqualitycandidateswithabetterchanceofretention.

CostYoudon’tpayunlesstherecruitingfirmplacessomeone;thecandidatehastobeplacedinthejobpriortotherecruitergettingpaid.

BENEFITS OF USING AN EXTERNAL RECRUITING FIRM

Hiringacomplianceprofessionalcanbeadauntingtask.Basedontheclientsweareserving,wehaveseeninternalrecruitingeffortsforglobaltradepositionstake9monthsonaverage.PisaniRecruitinghasbeenabletoreducethistimebyupto60%forourclients!Youmaywonder,howisthat? WebelieveitisthePisani RecruitingDifference.

Pisani Recruitingoffersafresh,new,analyticalapproachtorecruiting.Hiringinthisgloballycompetitivemarket,canbefrustratingandtimeconsuming.Pisani Recruitingpersonalizestheprocessforthecompanyhiringandthepersonlookingforacareermove.Theprocessisstreamlinedforhiringmanagersandjobseekers.

Whetheryou’relookingforthatcandidatethatstandsoutfromalltherest,oryou’relookingforthecareer

you’vealwaysdreamedof,wewanttohelp!

CONTACT US

“NOTYOURTYPICALRECRUITER”

RACHEL PISANI

[email protected]

888.745.9945