IAOP Survey Shows Good Paying Outsourcing Jobs Exist in 95 Percent of Companies
POUGHKEEPSIE, N.Y., July 30, 2009 – Outsourcing jobs are widespread and well paying, according to a new Outsourcing Professionals Salary Survey conducted by the International Association of Outsourcing Professionals® (IAOP®) that shows 95 percent of responding companies employ these professionals and compensation for high-level positions is generally in the six-figure range.
Many large organizations operate outsourcing departments with more than 100 employees in this function and compensation for analysts, where most professionals work, starts at about $51,000 annually, shows the report by IAOP’s Advocacy & Outreach Committee.
In conjunction with the Human Capital Institute (HCI), the association conducted a series of surveys from August through October 2008 to understand the number and compensation levels for outsourcing professionals working in organizations as customers, providers and advisors around the world. More than 350 individuals responded.
The report provides valuable new insights on the number of outsourcing professionals, compensation levels by positions and segments, career opportunities, structure of incentive plans and the role of human resources.
The salary report was the final piece of a three-part “Career Mapping for Outsourcing Professionals” initiative that also looked at the skills, jobs and organizational profiles of outsourcing professionals and the companies for which they work.
“The survey data, especially when combined with earlier research by IAOP,
provides the first clear and compelling picture of outsourcing as a new and very important profession,” said IAOP Chairman Michael Corbett.
“Professionals in senior-level positions have responsibility for setting strategic direction and overseeing some of the most important aspects of their company’s operations,” he said. “As individuals advance in this profession, they build a portfolio of experiences and capabilities that mirror those of the best general managers in business today and are being compensated at that level.”
Outsourcing thought leaders involved with the survey will discuss the findings at the 2009 IAOP Global Human Capital Forum, Sept. 22, at the Marriott Chicago Downtown, in Chicago.
Speaking about the survey will be Lori Blackman, president, DNL Global; Julia Santos, Certified Outsourcing Professional (COP), director, worldwide strategic outsourcing, Johnson & Johnson Group of Consumer Companies; and Kurt Kohorst, COP, vice president, Liberty Mutual Insurance.
To purchase the full Outsourcing Professionals Salary Survey, see IAOP’s online Knowledge Center, Firmbuilder.com.
About the Human Capital Institute
The Human Capital Institute (HCI) is a catalyst for innovative new thinking in talent acquisition, development, deployment and new economy leadership. Through research and collaboration, its global network of more than 150,000 members develops and promotes creativity, best and next practices, and actionable solutions in strategic talent management. www.hci.org
About IAOP
The International Association of Outsourcing Professionals (IAOP) is the global, standard-setting organization and advocate for the outsourcing profession. With more than 100,000 members and affiliates worldwide, IAOP helps companies increase their outsourcing success rate, improve their outsourcing ROI, and expand the opportunities for outsourcing across their businesses. To learn more, visit www.outsourcingprofessional.org.
Media Contact:
Kimberly L. Maneeley
+1.845.452.0600 ext.104
kim.maneeley@outsourcingprofessional.org
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