SUPPLY CHAIN COMPENSATION SURVEY As pandemic ebbs, payday more than E


ven as the pandemic-addled sup- ply chain endures pelts of media and public criticism for backlogs, shortages and universal inconvenience to spiraling popular demand, compensation levels for healthcare supply chain profes- sionals seems to offer a much-needed respite from the pressure and tension. For the third consecutive year, the


average salary for a Director/Manager of Materials Management/Supply Chain exceeded the six-figure ceiling, accord- ing to the results of Healthcare Purchasing News’ 2022 Supply Chain Compensation Survey.


Department leaders reported an aver- age annual salary of $110,185, a 4.3% gain above 2021’s average of $105,693, which nearly matched the 4.5% increase over 2020’s statistic. The growth trajectory seems to be slowing since 2019, but it remains growth, the surveys have shown during the last three years.


Other titles within healthcare sup-


ply chain’s leadership reported solid, respectable gains as well. At or near the top, Executive/Senior/Corporate Vice Presidents saw their salary levels jump 12% on average to $204,629 from $182,794 the year before. Compensation growth for Purchasing Directors/Managers recorded tempering growth, edging up only 1.2%


to $75,588 on average from $74,659, itself a 3.9% bump from the 2020 level of $71,875. Overall, those survey respondents who


received a compensation increase said it amounted to 3.6%, up from 3.2% last year. Compensation levels for O.R. Materials Managers/Business Managers, increased 1.8% to $67,678 from $66,500 on average last year, while Senior Buyers/Buyers/ Purchasing Agents saw their levels slide 2.6% to $49,285 from $50,592. Two other key titles saw significant drop-offs year- over-year on average – Chief Procurement/ PurchasingSupply Chain Officer and alue Analysis Director/Manager/Coordinator – but HPN explains the double-digit percentage decreases as due in part to lower sample sizes from those respondents checking the appro- priate title boxes. Anecdotally, however, HPN also knows of several top-tier title holders earning in the high six-figure-to-low-seven- figure range, none of whom participated in this year’s survey. See the chart below for the survey tally.


One curious but notable result involves the


areas where survey respondents indicated they directly manage inventory. The big year- to-year movers are found in the clinical and nonacute areas. Diagnostic imaging centers and hospital-based radiology departments saw the largest number of respondents and growth. Thirty-three percent of survey


SALARY BY TITLE & GENDER Director/Manager, Materials/Supply Chain Management Purchasing Director/Manager


Executive/Senior/Corporate VP, Materials/Supply Chain Management/Support Services


Senior Buyer/Buyer/Purchasing Agent O.R. Materials Manager/Business Manager


Chief Procurement/Purchasing/Supply Chain Officer Value Analysis Director/Manager/Coordinator Contracts Director/Manager/Supervisor Administrator/President/CEO COO/VP Operations


MMIS/Supply Chain Informatics Manager Other


2021


44% 16%


6%


14% 7% 2% 9%


>1%


$105,693 $74,659


$182,794 $50,592


$66,500 $209,583 $102,395


$185,000


39% 17%


13% 10%


7% 4% 3% 3% 1% 1% 1%


>1%


just a tasty candy bar in tough times Supply Chain compensation continues to climb, influence continues to expand by Rick Dana Barlow


respondents said they service diagnostic imaging centers, 14.9% higher than last year; 40.8% said they service radiology depart- ments, 9.3% higher than 2021. Supply Chain providing inventory services to the laboratory grew 5% with 30.6% of respondents involved. Finally, 21.4% of Supply Chain respondents indicated they provide inventory manage- ment services to physician practices, 2.9% higher than last year, according to survey results. Although not illustrated this year, the over- all supply chain management compensation composite index (something of an unscientific salary stew of results derived by the average aggregate salary of all survey respondents) finally poked through the six-digit milestone a year ahead of HPN predictions in 2021, surging 14.1% to $110,400 from $96,750, the all-time high last year. Historically, since 2005, HPN has recorded 11 CCI increases. This element, while more trivial than statistically significant, measures more of a subjective impression of attitude and direction. As an ongoing cautionary caveat, HPN advises readers that survey data and trending perspectives hinges on a variety of demo- graphic elements that include the number and mix of respondents by job title, facility type and location and gender. For example, more senior-level executives who lead centralized integrated delivery network (IDN) operations


2022


$110,185 $75,588


$204,629 $49,285


$67,678 $175,000 $82,500 $91,666 $125,000 $240,000 $82,500 $142,500


*3.4% of survey responders opted not to share their gender, but are include in the salary summaries. 20 June 2022 • HEALTHCARE PURCHASING NEWS • hpnonline.com


22% 12%


4%


10% 4% 2% 3% 1% 1%


1%


2022-Female $88,243


$63,375 $175,714 N/A


$46,250 $61,666 $90,833 $90,500 $72,500 $92,500 N/A


$107,500


25% 9%


11% 1%


2% 4% 3% 1% 3% 1% 1% 1%


2022-Male $127,797


$86,833 $213,421 $142,500


$73,750 $88,333 $212,500 $67,500 $95,500 $157,500 $240,000 $57,500


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64