Global Survey Reveals Supply Chain and Procurement Professionals Share Optimism in their Job Confidence and Job Market

PRESS RELEASE FROM DSJ GLOBAL
August 17, 2021
Press Contacts
Stephanie Cavanagh
Phaidon International
+16467595613
NEW YORK —

August 17, 2021 - The latest study by specialist recruitment firm DSJ Global revealed 55% of Supply Chain and Procurement employees shared a positive caliber regarding their economic expectations. Comparably, 58% of professionals felt positive about the current job market, a direct turnaround from last year’s findings, where a minor segment (36%) expressed optimism. The results come from the DSJ Global Job Confidence Index Report, which measures the pulse of confidence in the end-to-end Supply Chain labor market. The index reports on professionals’ confidence in the economy, holding or getting a job, their compensation and bonus, flexible working patterns, relocation, and whether the normal bull-bear factors in employment have changed. The qualitative data was globally analyzed across three regions: Europe, Asia Pacific, and the United States. 

Global Job Security and Job Market Confidence are High

According to DSJ Global, almost 2/3 (63%) of Supply Chain and Procurement employees felt confident about their job security, a prominent upswing from 41% who provided this answer in last year’s report. Similarly, 64% of respondents are confident or very confident in their projections for the future job market. Of the Supply Chain and Procurement professionals surveyed, 54% received a bonus this year, which substantially climbed from 43% in 2020. Compensation confidence was also strongly rippled throughout the global talent community, with more than half (54%) expecting to receive a higher salary in the next 12 months.  

High Job Satisfaction Contrasts Intention to Leave for a new Opportunity

Across the globe, job satisfaction has significantly increased with half (50%) of respondents displayed a positive sentiment, a stark contrast to 28% who felt unsatisfied or highly unsatisfied this year. Despite feeling secure in their respective positions, 2 in 3 (66%) of the Procurement and Supply Chain network are likely to leave their current job. Furthermore, 74% of the global workforce indicated a willingness to relocate for a new opportunity, which is evidence of an increasingly mobile workforce.

Flexible Work isn’t Under Construction, it’s the Future

Findings from the DSJ Global survey revealed a newfound desire for flexible working options, with well over half (58%) indicating that it is very or extremely important. Comparably, the overwhelming majority (90%) of global respondents highlighted it is critical when asked directly about the importance of flexible work.

About the Job Confidence Index Study  

Results are derived from a 2021 DSJ Global study which engaged with over 1,000 experienced Supply Chain and Procurement sector professionals around the world. The online survey ran from April to May 2021.  

###
About DSJ Global
DSJ Global is an award-winning specialist recruiter for end-to-end supply chain. Founded in 2004, and part of the Phaidon International group, we provide permanent, contract, and multi-hire recruitment solutions from our global office hubs across specialist sectors including procurement, supply chain, technical operations, and logistics.