We've talked a lot in this space about value of the SPHR and PHR for today's HR professional. Is it worth doing? I've always taken the stance that it's a checkbox - good to do and ultimately will pay off, but it's always been hard to quantify.
A recent study attempts to quantify it....Below are other highlights from PayScale's Sugar Coating or Career Sweetener? report:
- HR professionals with an SPHR make 93% more overall than those without any certification (overall median annual pay without any certification is $45,600 versus $87,900 with SPHR).
- Holding either a PHR or SPHR will boost salaries for HR professionals by more than $20,000, across various metro markets in the US.
- HR certification has a greater positive impact on salary for HR professionals in cities located on the East Coast than it does for West Coast cities.
- Certified HR professionals tend to advance to senior roles more quickly; 63% of HR assistants with certification received a promotion within five years, compared to only 34% of those without certification.
- The likelihood of holding HR certification increases with seniority; nearly half of HR Vice Presidents are certificated with 25% holding a SPHR and 19% holding a PHR.
You can go get the entire report here. It's pretty interesting and is one of the best attempts I've seen to date at quantifying what certification is worth to HR pros.
But if you take the data outlined above, you can still argue it a couple of different ways, including:
1. HR pros with an SPHR make more than 93% more overall because let's face it, only the best and brightest - or more aptly stated - the ones really, really into the craft of HR - take the time to get certified.
2. It's 93% more duckets for HR pros with an SPHR because only the most experienced get an SPHR.
3. The value of certification is overplayed even with all this data since more than 50% of VP-level HR pros have no certifcation.
Your thoughts? In any event, it's a good data set to go out and get, then soak on.