Achievement of a professional certification demonstrates to current and prospective employers that you possess the required knowledge, skills and competencies for a professional role. Undertaking Continuous Professional Development (CPD) activities indicates that your knowledge and skills are up-to-date and competitive. Therefore, getting certified will enable you to improve your job prospects and, with the right effort and focus, get a job offer for a position you want.
Whether you are looking for new employment opportunities or not, adding a professional certification in your area of specialism will enable you to enhance your professional knowledge and skills, evidence your professionalism and enable you to increase your earning potential.
The PMI® Survey that was conducted in 37 different countries suggested that the median annual salaries of Project Management Professionals was $81,000 USD. This varied across different countries with the UK being the 9th highest country with a median annual salary of $81,227 USD / £65,000 and Switzerland being at the top at $130,966 USD / 130,000 CHF. i
Furthermore, the PMI® Survey suggested that the median salaries were on average 23% greater for those holding the Project Management Professional (PMP)® certification when compared to non-certified professionals. PMP® Certified Project Management professionals, based in the UK, had an earning advantage of 18% over non-certified professionals. i
The trend of certified professionals earning more than non-certified is also demonstrable by the APM’s research report; Salary and Market Trends Survey. Their report suggests that APM Full members earn £18,000 (32%) more a year comparing to non-members. ii As only professionals with 5+ years’ of project management experience or those who have the relevant APM qualifications can become members, this confirms the tendency of certified professionals to earn more.
This trend extends to many professional certifications; PayScale suggests that IT Managers who hold an ITIL® certification tend to earn 12% more in the UK than those that do not. iii In addition, Microsoft has confirmed that Microsoft Certified Professionals earn 15% more than non-certified professionals. iv
As the evidence suggests, becoming certified will enable you to increase your earning potential, depending on your specialism, by up to 20%. You would need to input time and effort to become certified, but it is well worth it as it will enable you to demonstrate your value and increase your annual salary.
Another important discovery noted in the PMI® Survey was that the median salary progressively increases, the longer a professional holds the PMP® certification; i therefore, the sooner you get certified, the better!
Explore SkillPoint’s e-learning certification catalogue which offers a variety of courses. These enable current and aspiring professionals to achieve globally-recognised qualifications in Project / Programme / Portfolio Management, Change Management, Information Technology (IT), Business Analysis, Business Finance and other areas. Lastly, please do not hesitate to contact SkillPoint to discuss the best certification route for you that would maximise your career development and earning potential.
i Project Management Salary Survey (2018).
ii Salary and Market Trends Survey. APM research report (2017).
iii PayScale. Information Technology (IT) Manager Salary (United Kingdom, 2018).
iv Microsoft. Why get certified? (2018).