FOOTE PARTNERS ANALYST VIEWPOINT
Average market value for 659 non-certified IT skills showed robust growth in Q1 2022, with 216 changing in value from the prior quarter. 579 IT certifications declined on average, posting the largest quarterly loss since late 2020.
Average market value for 642 non-certified IT skills declined slightly in final quarter of 2021, as 119 skills declined in period. Conversely, for just the second time in three years, average market value for 567 IT certifications increased.
Since its launch in 1999, the IT Skills and Certifications Pay IndexTM has continuously tracked cash pay premiums paid to tech professionals by their employers for an ever-increasing number of popular tech skills and certifications. Rigorously validated data and detailed market analyses are updated and published by Foote Partners every 90 days. Currently, premiums are reported for 1,209 certifications and non-certified skills.
Average market value for 630 non-certified IT skills decreased slightly in 3Q 2021 as 195 changed value, while average market value of 555 IT certifications increased for the first time in three years.
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Top 10 fastest growing, highest paying tech skills – and no certification required
Market values of these non-certified skills pay well above average and were still growing in cash pay premiums in the first half of 2018.
Why pay for tech certifications is declining
New highly-validated data from 3,305 employers reveals that the average cash market value for hundreds of tech certifications is at its lowest point since 2015.