Employer demand for certain kinds of certifications is changing rapidly, based on data reported in the latest IT Skills and Certifications Pay Index from Foote Partners, LLC.
The average market value for 479 tech certifications declined 1.2 percent overall during the first quarter of 2019. Meanwhile, the premium that employers are willing to pay for specific certified skills is near its lowest overall average cash-value point in five years, noted David Foote, Foote Partners’ chief analyst.
“Many older certifications are still paying premiums, but we are learning that the value of certifications—especially those supporting vendor-specific technologies—have ‘expiration dates,’” Foote explained.
Conversely, the cash premiums (or guaranteed bonus above base salary) that employers are willing to pay for the 554 non-certified skills tracked by the firm is now near a 19-year high.
Here’s a look at the non-certified tech skills that have gained the most in market value through the first part of 2019, and the certified skills that are still commanding above average pay.
