In the human resources (HR) industry, earning a human resources certification is considered a great way for an individual to upgrade their skills and competency. The better they get with their skills the better it is for them to move up their careers in the HR industry.
A survey carried out by PayScale gathered information on the salaries based on the geographical locations from more than 102,000 respondents who filled in their salary information. Out of these respondents, nearly 34 percent of the respondents said they had at least one HR certification.
As a result, the survey was further carried out to analyze the impact these certifications have within the HR industry.
Who all should get certified?
Around 34.2 percent of the HR professionals had at least one credential, according to the survey (2018). Though the importance of certifications declined between 2008 to 2014, it steadily picked up within the last few years. One of the biggest factors is because of The Society for Human Resource Management (SHRM), where they started offering their certification programs to aspiring and working professionals in the HR domains.
Besides SHRM, you also find a few other top online certification bodies which are renowned in the HR industry such as The HR Certification Institute (HRCI).
If you’re unaware, most human resources professionals are turning to talent management. In simple terms, talent management is a niche within the HR domain itself where they would be responsible for training the talents, keeping them engaged, and motivate them toward retaining in the organization.
So, if you’re interested in moving further toward talent management, you could always start earning certification from certification bodies such as The Talent Management Institute (TMI) or The Association for Talent Development (ATD).
An HR career is perhaps not as gloomy as you think.
How does professional certification in human resources impact salary compensation?
Gaining extra credibility over others will always pay you better. However, the pay will vary based upon the type of credential, type of industry, years of experience, job level, and the work location.
A statistical model was used to determine factors such as certification to be the core factor that can boost salary. This control for job location, the size of the company, the years of work experience, job survey response years, and whether these credentials prove to be valuable together or just as a single entity.
With the help of this approach, the percentage of pay could be determined.
In simple words, when compared between two individuals having similar profiles, we checked how much could the candidate with an X certification earn as compared to the one without an HR certification.
To be precise, this is how certifications can impact your career.
Below are a few comparisons of the job titles and percentage where the candidate is likely to receive promotions.
Human Resources (HR) Assistant
- Without any certifications – 67.8%
- With at least one certification – 82.4%
Human Resources (HR) Administrator
- Without any certifications – 62.7%
- With at least one certification – 70.6%
Human Resources (HR) Generalist
- Without any certifications – 56.8%
- With at least one certification – 65.9%
Human Resources (HR) Manager
- Without any certifications – 31.3%
- With at least one certification – 34.5%
Human Resources (HR) Director
- Without any certifications – 16.1%
- With at least one certification – 20.1%
Vice President (VP), Human Resources (HR)
- Without any certifications – 7.9%
- With at least one certification – 9.1%
Earning an HR certification matters, especially amid the challenging times we’re facing today. Isn’t it surprising to note how credentials play a significant role in our careers?
While there’s still time, you can do your bit, earn certification, and excel in your career.