Annual Operations Job Market Survey

Serguei Netessine and Konstantinos Stouras

June 2015

This Survey was presented by Professor Serguei Netessine at the Business Meeting of M&SOM Conference, University of Toronto (Rotman School) in June 2015.

Job Market (JM) Survey Objectives

  • Make our JM process more transparent and efficient

  • Provide a resource for doctoral students and hiring decision makers

A similar survey is being conducted by the Marketing academic community the last 11(!) years till now, and recent participation rates of Marketing JM Candidates to their survey are around 95% (marketingphdjobs.org/resources/2015-labor-market-report).

However, this is the first time we ran such a Job Market Survey in our field (Operations). Thank you very much in advance for supporting this initiative encouraging your PhD Students to respond to our JM Survey: https://jfe.qualtrics.com/form/SV_eWE3b3l2YqZv56l

Respondents to our Annual Survey

Note: 14 out of 53 did not respond to this question

Note: 53 respondents in total from various JM years

Whoever applied recently for an academic job in "Operations" (broadly defined)

Respondents to our Annual Survey = Whoever applied recently for an academic job in "Operations" (broadly defined). Overall, whoever went to INFORMS Annual Meeting at his/ her Job Market Year and applied for an “Operations related” academic job is relevant to answer our Survey. For example, a PostDoc Researcher from Industrial Engineering can respond to the Survey, OR and OM PhD Candidates, a CS/Stats/Engineering PhD Candidate who also passed through the Operations Job Market should reply as well, etc…

Demographics

Note: 14 out of 53 did not respond to this question

Note: 14 out of 53 did not respond to this question

Nationalities and Job Experience

Note: Data were aggregated by continent to protect confidentiality. 18 out of 49 did not respond to this question

Note: 14 out of 30 did not respond to this question

Which year on the JM?

Note: 14 out of 53 did not respond to this question

On average...

When are the offers accepted?

Note: 12 out of 53 did not respond to this question

JM Candidates with a paper in respective Journal and Stage, excluding WPs (2014 - 2015 Job Market)

Journal Name

Submitted/ Under First Review

PASSED First Review

Accepted for Publication/ Published

At Any Stage

Management Science

2 (10 %)

6 (29 %)

1 (5 %)

8 (38 %)

Manufacturing and Service Operations Management

0 (0 %)

1 (5 %)

2 (10 %)

3 (14 %)

Operations Research

5 (24 %)

2 (10 %)

3 (14 %)

8 (38 %)

Production and Operations Management

0 (0 %)

3 (14 %)

1 (5 %)

3 (14 %)

At any of these Journals

6 (29 %)

11 (52 %)

6 (29 %)

N_sample = 21

Note: An upcoming, detailed Executive Summary Report will complement these data with all the other Journals reported but not shown here.

To read it: For example, there were 2 Students reported with 1 Management Science paper “Submitted/ Under First Review”. Another insight: 29% of JM Candidates had a publication in these journals… that’s high! There were 21 Students of 2014-2015 Job Market that responded to our Survey. Note that the Columns do not sum up to the last column, and that same holds for the Rows. The last Column counts how many (unique) Students had one paper at any Stage per journal. We performed the same analysis for the 2013-2015 Job Markets and the results are qualitatively similar. The Survey was answered by “top” candidates overall, so these percentages are quite high to represent the average Job Market Candidate.

Average Salary 2013-2015 (USD)

Number Reporting Amount

Mean

Min

Max

9-month

20

$149,353

$90,000

$173,000

12-month

12

$156,375

$110,000

$211,000

Other

2

*

*

*

* data not reported to protect the confidentiality of the respondents

Other Hiring Perks

Number Reporting Amount

Mean

Min

Max

Moving Expenses ($)

26

$8,146

$1,000

$20,000

Conference Travel ($)

14

$5,986

$1,500

$15,000

Research Expenses ($)

17

$10,176

$2,000

$30,000

Tech/ Software Support ($)

11

$2,882

$1,000

$6,000

Other

5

$4,861

$1,500

$10,000

Overall Support

74

$10,382

$1,000

$30,000

Notice that there was someone who reported $180k annual housing support. Looks like a mistake to me.

12-month adjusted Assist. Prof. in Operations Salary by type and location in USD (2013-2015 JMs)

* data not reported to protect the confidentiality of the respondents

Number Reporting Amount

Average Salary (USD)

Number Reporting Amount

Average Salary (USD)

B-School

Asia

2

*

Europe

1

*

Australia

1

*

USA

10

$204,967

Canada

2

*

Europe

4

$153,333

USA

8

$190,033

University

Europe

1

*

Asia

1

*

Public

Private

We had 9-month, 12-month and some 10-month salary data, so we transformed them all to 12-month salary data (through appropriate scaling). It would be very useful to fill the missing picture here, so please respond to our Survey and share your Job Market experience: https://jfe.qualtrics.com/form/SV_eWE3b3l2YqZv56l

What’s next

  • Summary Report with more insights

  • Please respond to the JM Survey:

https://jfe.qualtrics.com/form/SV_eWE3b3l2YqZv56l

  • Anonymous feedback about the Job Market:

OperationsAcademia.UserVoice.com

Annual Operations Job Market Survey_2015 - Google Slides