A leading job portal screamed about PMP certification “Get up
to 23% salary hike.” Are you professionally certified? If you are a project
management professional, its best recommended to pursue a professional
certificate, the most popular being PMP.
The figure above features the latest from PayScale about the
average salary for PMP certified professional. How does compensation get
impacted by virtue of certification? That’s a fair question.
Differentiator
The PayScale’s image clearly differentiates the average pay
of a PMP certified professional. So one can make out the difference between an
uncertified and certified professional. There are many a professional who
despite experience are unable to stand out for the fact that they aren’t
certified. Hence, there is ‘that’ distinguished factor that sets one apart.
Win-win for You and your Company
These days, a company is known by its workforce. Clients are
setting the minimum requirement of ‘PMP certified’ for manager, and hiring
companies either enforce or set as their basic requirement even at the
shortlisting stage. Hence, the certification on your profile is not only a
value-add to your person but to the company you are associated as well.
Higher pay
The candidates armed with a PMP always command a higher
compensation as compared to their peers. The image above speaks for
itself. The certification is a terrific combination of experience and
expertise, and hence commands that kind of pay. Why do experienced hands get
overlooked for want of certification? May be, it is the official stamp by a
well-recognized and respected governing body to endorse your skillset. PMP is
one example that shines out, with the certification from Project Management
Institute (PMI). The recognition leads to reward. The earning power soars. In a
study sometime back, project managers with a PMP certification earn 20% more on
average than project managers that do not have their PMP certification.
Job opportunities
Many doors will be opened. A whopping 93.5% of PMI
certification holders is PMP. Its quite close to 93.5%, out of which 50% is
from the United States. The job market is skewed with an imbalance in supply
versus demand. The difficulty in sourcing skilled professional is scarce in the
industry. As a result, PMP holders are considered niche. With fewer in number,
something close to 80000, PMI holders are in demand given the growing demand
for certified professionals.
Career advancement
The competitive edge, undoubtedly, stems from the knowledge
acquisition. Advanced certification is the measure of depth and applied across
domain. The principles and concepts are applicable to varied industry. Be it a
computer or civil background as the job necessitates, a PMP will hold good for
both. This cross platform is what makes PMP distinct and deserving. The reason
for the companies to hire PMP holder is for the credentials in terms of
knowledge and understanding. You can move places and scaled up the
ladder, and always the threshold will be an acclaimed and accepted
qualification.
Professional certifications can vary and differ from domain
and industry. We have addressed the ‘niche’ and elite aspect by voicing through
‘PMP’. There are many such professional certifications depending on the subject
matter and areas of interest. The common thread that sews up is the success
factor: professionally certified profiles are head above shoulders.
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