Does it pay to get Certification
Certificatiosn a scam or a help?
Most of the certifications being sold to job seekers are unregulated, making
it hard for individuals and employers to measure their worth. There are clear
metrics on the size of the certification industry but there are estimates that
less than 10% of the more than 4,000 personnel certifications that exist have
been accredited by a third party.
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Certifications porcesses and schools are a huge industry.
There are courses and accreditation promoted and sold by professional
associations, software vendors, commercial training companies, and even formal
educational institutions. In some cases, professionals may end up spending
several thousand dollars in pursuit of a certification. Demand seems to
be high, with certification requirements often being mentioned in
help-wanted ads.
Whether or not they pay may depend upon the types of jobs and levels of
demand in a particular economic environment. For example, Janco Associates says that there are no
appreciable premiums paid for certifications in recent years, especially when
the recession set in around 2009. However, in the most recent quarter, the
researchers say average pay premiums for IT certifications rose 1.5%in the third
quarter of 2013 — the largest quarterly gain since 2005 and the first time
since 2006 that there has been two consecutive quarters of positive growth in
pay for certifications.
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Certifications are recognized as a badge of accomplishment in many
industries, and Marte indicates that work in underway in some sectors to
standardize these programs. Also, employer endorsements of programs is key.
In a competitive era when there is acute demand for highly qualified
professionals in a range of areas, certification programs are a way to ensure
more training and skills updates. Lifelong learning — not education that stops
on graduation day — is essential to both working professionals and
organizations. The skills that are in demand five years from may be entirely
different than today.
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