Vero Beach, FL – June 8, 2018 - Extra pay awarded by employers to talented IT professionals for 530 noncertified tech related skills---also known as skills pay premiums and currently averaging the equivalent of 9.3% of base salary for a single noncertified skill---increased 1.2% in the first quarter of 2018. Average market value for 451 IT certifications rose for the second straight quarter, up a slight 0.3% overall, following four consecutive quarterly losses. Currently earning the equivalent of 7.6% of base salary on average for a single certification, gains were led by Info/Cybersecurity, Database, and Architecture/Project Management/Process certifications.
This according to the latest quarterly update of Foote Partners’ IT Skills and Certifications Pay IndexTM (ITSCPI) based on compensation data provided by 3,188 North American private and public-sector employers who partner with the firm to report pay for their 282,660 IT professionals in the U.S. and Canada.
Since its launch in 1999, the IT Skills and Certifications Pay IndexTM has continuously tracked quarterly market values for individual IT skills and certifications earned by 74,644 tech professionals at 3,188 employers in 83 U.S. and Canadian cities. Rigorously validated data and detailed market analyses are updated and published by Foote Partners every 90 days.
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