IT Skills, Pay Premiums Drop in Value: Foote Report
Declines were widespread, with IT certifications taking the biggest hit, such as entry-level and training certifications.The average market value for 265 noncertified skills dipped slightly (-0.2 percent) from April to June following consistent gains in the previous five calendar quarters, while pay premiums for 237 IT certifications continued their "abysmal performance" for the 18th time in the last 19 quarters, posting an overall loss in market value of nearly 2 percent for the quarter, according to Foote Partners' latest IT Skills and Pay Demand report. Only one category of certifications-database-grew in overall market value (+2.6 percent) in the latest quarterly benchmark update from Foote Partners, bolstered by gains in three Oracle certifications. For noncertified IT skills, four of eight skills categories showed improvement: management, methodology and process skills (+2.4 percent in pay premiums), messaging and communications skills (+1.7 percent), database skills (+0.6 percent) and SAP & enterprise business applications skills (+0.3 percent).
Declines were more widespread, with IT certifications taking the biggest hit, such as entry-level and training certs (-5.9 percent in pay premiums), Web development (-4.0 percent), IT security (-2.9 percent), systems administration and engineering (-2.5 percent), applications development and programming languages (-2.3 percent), and networking certifications (-0.2 percent). Only four of eight categories of noncertified skills recorded losses in market value, though these losses were not as steep as those recorded in the certifications groups.