The most recent AACE International Salary and Demographic Survey indicates that the average individual who has earned at least one AACE certification will earn 17.4% more than an individual without the AACE certification. Based upon 2009 data, the normalized salary statistics show that the individual without a certificate earns $86,944 while the counterpart with the same experience earns $102,041. The increased earning power reported by individuals with an AACE certification compared to individuals without a certification has been supported by salary surveys for several years.
There are numerous factors that may lead to these results. Studies conducted by the American Society of Association Executives indicate that individuals with higher levels of academic achievement and more education tend to seek additional certifications more than the average professional. Their research suggests that individuals with a certification or actively pursuing a certification invest 25-30% more in professional development and continuing education than their counterparts without a certification. It appears that the cost engineering employment marketplace tends to reward individuals who invest in their professional development and demonstrate their commitment through the rigors of qualifying for AACE certifications.
The results of 2010 salary survey will be available by March 1, 2011.
