If you work in the technology industry, you know that certifications can help you land a new job or advance your career. But which certifications will bring you a big salary premium? Luckily, we have some up-to-date data on which certifications are above average and increasing their market value.
analyst company Foote Partners IT Skills and Certification Salary Index (ITSCPI)is updated quarterly and provides important insights into 632 certification payments. The following data on Top Certifications by Market Value Growth is for the six months ending April 1st. In this context, “salary premium” refers to an increase over the base salary equivalent.
What does this mean? A recent survey shows that technical jobs don't require qualifications, Dice Tech Salary ReportAbout 51% of tech professionals will be certified in 2023, which is only a slight increase from the previous year, but in highly specialized fields like cybersecurity and networking, certifications are definitely useful. If you're currently focused on cybersecurity, Cyberseeka joint initiative of the National Institute of Standards and Technology's (NIST) Nice program, recommends that you become familiar with the following:
“If you're new to the field and didn't have a bachelor's degree or an internship wasn't available, a suitable certification can be a great way to demonstrate your practical knowledge, motivation, and desire to learn.” , typically not required unless specific industry regulations or compliance require employees to have them.” he told Dice last year.
Keep in mind that even though you don't need a certification to get a technical job, it can help you stand out when applying for a new job. According to a recent survey by CompTIA, 80% of HR professionals at mid-sized and large organizations said they rely on certifications during the hiring process. 2023 Workforce and Learning Trends report.