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How valuable is earning a certification? Aside from social value, can a monetary value be placed on it?
A recently released survey from Careerbank.com illustrates the value of certification. Their 2003 salary survey asked the question, "Do you have any professional credentials?" Of the respondents, 43 percent had no credentials. Their average salary was $48,290. Of those who had certifications, the Certified Financial Professional (CFP) was most valuable, with an average salary of $94,189. Of the 9-percent respondent pool who reported certifications other than certain options, the average salary was $68,550. That may not be conclusive evidence of the value of a certification, but it surely is very suggestive.
A September 2003 press release from the National Organization for Competency Assurance (NOCA) was headlined "Poll Indicates Certified Workers Earn More." According to the results of …