Workers Holding Credentials Earn More, New Data Show

By Larry Swisher

The 25.5 percent of U.S. workers who hold a professional certification or license have higher earnings than those who don’t among all education levels, according to figures released April 15 for the first time by the Labor Department. certifications and licenses

The new data come from questions added in 2015 to a monthly survey of 60,000 households, which is used to determine the unemployment rate.

“While BLS has published statistics on labor force status by level of education for a long time, nondegree credentials, such as professional certifications or licenses, have received less attention in national surveys,” Erica Groshen, commissioner of the Bureau of Labor Statistics, said in a statement posted on the agency’s website.

The new data will allow the BLS to see whether the proportion of people with certifications and licenses changes over time and to track “measures of labor market success for people who hold a certification or license, compared with people who don’t hold these credentials,” Groshen said.

Certifications and licenses—gained to demonstrate a worker has the skill or knowledge needed to do a specific job—include commercial driver’s licenses, teaching licenses, medical licenses and information technology certifications. Some occupations such as those in health care have more workers who hold certifications and licenses.

Among all full-time workers age 25 and older, median weekly earnings of workers with a certification or license were 34 percent higher than those without the credentials in 2015 ($1,004 versus $747).

The amount of the earnings premium varied by education. Weekly earnings of workers with some college or an associate degree and a certification or license were 11 percent higher than their peers who did not have the credentials ($825 per week versus $742).

The occupations with the highest proportions of workers who have a certification or license are health-care practitioners and technical (76.9 percent), legal (68.1 percent), and education, training and library (55.5 percent).

Government workers, many of whom are employed in education and health services, are more likely to hold a certification or license than private-industry workers (40.6 percent versus 22.6 percent).

For more information, see Compensation and Benefits Library’s Bloomberg BNA’s Wage Trend Indicator chapter.

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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:

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