Why You Should Consider an HR Certification for Career Growth?
Often professionals approach certification when they are looking to increase their salary or grow in their career. HR certifications indeed have that potential, but that shouldn’t be the only reason for pursuing a certification.
HR jobs are growing at a fast pace and it shows promising opportunities for people looking to make a career in HR. Statistics indicate HR jobs will grow further. According to an estimate that there will be 55 million job opening in HR in 2020. Another report from the US Bureau of Labor Statistics (BLS) indicates that the employment of HR managers in the US will rise at 7%, a rate higher than the median for all other professions.
HR management has evolved significantly over the years. While it was limited to administrative tasks, HR jobs now demand strategic thinking and planning too, contributing to key policy decisions and consulting with senior management personnel.
In this regard, taking an HR certification is helpful for professionals. A certification demonstrates a high level of dedication to an HR career and to be considered for higher positions as they come. In addition to HR skills, organizations look skills in finance, organization development, and strategy in their HR candidates. A certification covers all these skills.
Here are a few advantages of the HR certification:
1.Additional weightage during hiring
2.Greater confidence and trust from employers
3.More efficient and productive than non-certified colleagues
4.More motivated and knowledgeable than non-certified colleagues
Industry research backs it up. PayScale reports nearly 36.4% of HR professionals hold atleast one HR certification. As you move up higher up the HR career ladder, the likelihood of having an HR certification increases. According to the report,
-About 5.2% of HR assistants are certified
-Nearly 35.5% of HR managers are certified
-Nearly 55.7% of CHROs are certified
HR Certifications boost salary and career growth
In the last decade, HR certifications have seen marked growth in salary boost. In 2008, from a 17% boost, the increase in salary stood at 31.6% from a certification. The level of certification make a significant in salary boost, with higher level certifications giving bigger pay boost than lower level certifications. Certified HR professionals tend to move higher up the career ladder than those without certifications. A survey reveals 63% of certified HR Associates were promoted to HR administrators while only 37% of HR Associates without certifications got promotions.
The PayScale further reveals that salary boost happens at the early-to mid-level positions, as higher-level HR professionals gain enough experience, a certification doesn’t ensure a pay boost. Also, it is not uncommon for HR professionals to hold more than one HR certification. This is even more highlighted at the senior –level positions as senior-level HR professionals tend to follow up one certification with higher –level HR certification.
Also, the value given to HR certifications is not the same across industries. An HR certification in healthcare can lead to as much as 38.3% salary boost, the number is strikingly smaller in the technology sector, HR professionals attracting as small as 23.1% increase in salary.
Further, a certification in HR can help in starting a career in human resource management. It is a commitment that shows the drive to become a successful HR professional.
In brief, HR certifications are important for several reasons. Boost in salary and career growth is just one of the many advantages. So if you’re looking to take a certification and grow in your career, do not delay any further.