Getting a professional designation = a raise?

Adrenaline

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Mar 26, 2009
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So I just got a professional designation in my field, does that warrant getting a raise? My field is in project management in case it makes a difference.

Should I ask my boss for a raise because I got my professional designation? If so, how much of a raise should I ask for? Should I expect him to come to me and tell me I got a raise? Should I not ask for a raise and not expect one? What's the right thing to do?

Your advice would be greatly appreciated!
 
Adrenaline said:
So I just got a professional designation in my field, does that warrant getting a raise? My field is in project management in case it makes a difference.

Should I ask my boss for a raise because I got my professional designation? If so, how much of a raise should I ask for? Should I expect him to come to me and tell me I got a raise? Should I not ask for a raise and not expect one? What's the right thing to do?

Your advice would be greatly appreciated!

Right now most are lucky to keep their jobs and also accept pay drops. Professional designation such as PMP are a dime a dozen unfortunately. I also assume your company paid for the designation ie. training leading to it at least so you could consider this a bonus..I know because my wife also has her PMP designation plus lots of ITIL etc.. and thats the way it is in the industry right now...
 
If you were a lawyer called to the bar, or became a P.Eng. or C.A. - maybe.

All those other letters that no-one really knows what they stand for - doubtful.

There are only 2 ways to make more money in this world (when working for someone else):

1. Be a rain-maker (bring in sales)

2. Supervise other people

Just being good at your job? "That's why we hired you."
 
But I would do two things: Be sure the PTB actually know you have the designation, ask for a quid pro quo (unless, as Shack suggests, you already got it) if they start citing your credential in pitching potential clients.

If they don't, then they think it's just part of your normal self-improvement, and will get 'rewarded' via the normal processes.
 
I would lay low on getting a project management designation. Make sure the boss is aware you have it, and little else.

Project Management Designations can be a little like how people view the scheduler designation: "Does this mean your responsible for when the schedule slips?"

You don't actually want to be responsible for screw-ups you can't control. If you are in Project Management, brag about successes, and keep the screw-ups quiet.
 
Project management positions that require a project management designation tend to pay in the $70 to $120K range depending on the industry/stream and level of experience.

If you havent received a promotion or change of venue since receiving your designation, don't expect a raise, as much as see yourself in line for advancement.
 
I guess it would come down to answering the question: "Does having the new designation make more money for the company?"

If the answer is 'no', then your new title is meaningless to the company and as such won't likely garner you a raise.

If the answer is 'yes' (because they can get more or bigger contracts because they have a professional onboard for example) then sure you deserve a raise. Whether you'll get it or not is another question.... :p
 
Adrenaline said:
thanks for the advice everyone, I'm still going to ask for a raise and see what happens.

If you are in the PUBLIC SECTOR, barge your way into your manager's office and DEMAND a raise. If you are in the PRIVATE SECTOR, just discretely let you boss know you got whatever.
 
Damondean said:
The GFE designation defnitely rates a higher rate! :))

Unfortunately, the designation alone doesn't make the company more money therefore I wouldn't expect more money immediately for getting the designation.

However, it should warrant some positive movement for a yearly review which in turn could get you more money.

The only way to get more money immediately is to find another job. The new company would take the designation into consideration of salary.

GDL
 
I think that the key question is whether you paid for the course, and did it on your own time, or whether the company paid and you did it on company time. Or somewhere in between, I suppose. If the company paid, and paid you, only a jerk would then demand a raise because of it, an employer who will pay you to improve your market value is worth having. But if you paid, and worked on your own time, and it is at least somewhat related to their field, then by all means, they should reward you in some manner, an employee who will do that is worth having.
 
You now have a professional designation, and you're asking us? I thought that was the reason you upgraded your skills, so that you don't have to come to this board to get these types of answers.

So my answer is an automatic no.

But ask away about massages and hobbying.
 
Adrenaline said:
So I just got a professional designation in my field, does that warrant getting a raise? My field is in project management in case it makes a difference.

Should I ask my boss for a raise because I got my professional designation? If so, how much of a raise should I ask for? Should I expect him to come to me and tell me I got a raise? Should I not ask for a raise and not expect one? What's the right thing to do?

Your advice would be greatly appreciated!


If your company paid for the training - probably not.

Generally from what I see the best part about a professional designation is the ability to get your next job (at a higher pay rate). Typically current employers do not recognize such efforts (unless specifically listed in job grades etc - the union approach).

You may be more likely to get a promotion when an internal job opportunity occurs as you would be seen to be more qualified for the job - especially so in the Accounting world.
 
Is your job now a Project Manager? if yes, your boss might say you should have already had that certification in the first place.

I am a Programmer/Architect/Contractor who manages some I.T projects...I have PMP, ITIL, P.Eng ...didn't expect a raise when I got those but just helps when trying to find jobs.