According to the latest quarterly edition of the “Hot Technical Skills and Certifications Pay Index” report from IT workforce research firm Foote Partners, pay for IT certifications went down an average of 2 percent during the third quarter, which ended Oct. 1. This marked the largest quarterly decline recorded by the firm since 2004. For the year overall, 129 surveyed certifications have dropped an average 1.2 percent in value.
Meanwhile, the report states, pay for noncertified IT skills increased 1.4 percent on average for the quarter and 4.8 percent in the past six months, which contributed to a 7 percent value increase over the last 12 months.
About 55,000 IT executives and professionals were surveyed for the report, with 51 percent receiving some form of tech skills pay as part of their overall compensation.
The survey states database, networking, project management, IT security, systems administration and engineering, and training and beginner categories of IT-certified skills have been poor performers over the past six months, showing losses of 1.6 percent to nearly 8 percent in average premium pay. Meanwhile, applications development and programming languages certifications, as well as Web development certifications, saw annual average premium pay increases of 4.9 percent and 3.6 percent, respectively.
Among noncertified IT skills, enterprise business applications, applications development tools and platforms and Web/e-commerce development skills continue to perform well, garnering about 9 percent to 13 percent increases in value for the year ending Oct. 1, and 1.4 percent, 1.9 percent and 5.8…
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