Vero Beach, FL – January 20, 2019 - Extra pay awarded by employers to talented tech professionals for 551 non-certified tech skills ---also known as skills pay premiums and currently averaging the equivalent of 9.4 percent of base salary on average for a single non-certified skill---increased nearly 2 percent overall in the fourth quarter of 2018. Conversely, average market values for 466 tech certifications decreased, down nearly 2 percent overall, currently earning the equivalent of 7.5 percent of base salary on average for a single certification.
This according to the latest quarterly update of Foote Partners’ IT Skills and Certifications Pay IndexTM (ITSCPI) based on compensation data provided by 3,305 private and public-sector employers in 83 U.S. and Canadian cities who partner with the firm to report pay for their 298,440 IT professionals in the U.S. and Canada.
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 1,017 certifications and non-certified skills.
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