A Time of Transition
A Time of Transition
Median salary dip—the first in a decade—due to shift in demographics
- Publication:
- Quality Progress
- Date:
- December 2024
- Issue:
- Volume 57 Issue 12
- Pages:
- pp. 14-19
- Author(s):
- Hansen, Max, Chu, Jenny
- Organization(s):
- Management consultant, Sacramento, CA, Lagom Consulting, Richmond, VA
Abstract
Findings from this year's ASQ Salary Survey shows that the quality professionals' median salary has taken its first decline in a decade. This year’s drop also is the largest in absolute and percentage terms. The median stands at $115,000 for 2024, representing a decrease of $3,000, or 2.5% compared to 2023. It’s likely that many factors contributed to this result, and teasing them out would be a challenge. One thing jumps out, however: There has been a demographic shift in our respondent base.