CISM and CRISC Named Top Paying IT Certifications as 250 Others Slide Downward
According to the IT Skills and Certifications Pay Index (ITSCPI) from Foote Partners, ISACA’s CISM (Certified Information Security Manager) and CRISC (Certified in Risk and Information Systems Control) certifications are the two highest paying credentials in the IT security.
The ITSCPI, launched in 1999, tracks market values for individual IT skills and certifications at 2,350 employers in North America, with results and detailed market analyses published every three months.
At the same time, while the two ISACA certifications made the top grade, the latest figures from Foote Partners show that IT Security-based certifications actually fell in value this quarter, down 1.6% when compared to previous quarters. Overall, pay premiums for 250 IT certifications kept their downward trend for a seventh quarter in a row.
In addition to the IT Security certification decline, Networking and Communications certifications fell 4.1%. Web Development, however, is rather popular, gaining 5.7% this quarter.
“We believe recent quarterly losses can be attributed to economic uncertainties, severe skills shortages, difficult organizational restructurings and the rise of new staffing models as employers adjust to investments in cloud computing and managed service models that have introduced new skills sourcing practices using a variety of labor channels,” a note in Foote Partners’ report explains.
The CISM is over ten years old; the CRISC certification was established in 2010. More information on the certifications can be found here.