U.S. Census Bureau: Alternative Credential Data

This month the US Census Bureau released its first data on measuring alternative educational credentials.  According to the U.S. Census Bureau’s study, Measuring Alternative Educational Credentials, 12 million adults had both a professional certification or license and an educational certificate; 34 million had only a professional certification or license; and 7 million had only an educational certificate. The report shows that, in general, these alternative credentials provide a path to higher earnings. The report also showed that among full-time workers, the median monthly earnings for someone with a professional certification or license only was $4,167, compared with $3,433 for one with an educational certificate only; $3,920 for those with both types of credentials; and $3,110 for people without any alternative credential.

This information coincides with The Foundation for Community Association’s (cairf.org) most recent salary survey that says community association managers holding the CMCA certification earn approximately 18% more than those without the CMCA credential. 

Credentials are playing a major role in improving the earnings of community association managers and other professions. 

This entry was posted in CMCA by CMCA ~ The Essential Credential. Bookmark the permalink.

About CMCA ~ The Essential Credential

CAMICB is a more than 25 year old independent professional certification body responsible for developing and delivering the Certified Manager of Community Associations® (CMCA) examination. CAMICB awards and maintains the CMCA credential, recognized worldwide as a benchmark of professionalism in the field of common interest community management. The CMCA examination tests the knowledge, skills, and abilities required to perform effectively as a professional community association manager. CMCA credential holders attest to full compliance with the CMCA Standards of Professional Conduct, committing to ethical and informed execution of the duties of a professional manager. The CMCA credentialing program carries dual accreditation. The National Commission for Certifying Agencies (NCCA) accredits the CMCA program for meeting its U.S.-based standards for credentialing bodies. The ANSI National Accreditation Board (ANAB) accredits the CMCA program for meeting the stringent requirements of the ISO/IEC 17024 Standard, the international standards for certification bodies. The program's dual accreditation represents compliance with rigorous standards for developing, delivering, and maintaining a professional credentialing program. It underscores the strength and integrity of the CMCA credential. Privacy Policy: https://www.camicb.org/privacy-policy

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