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KYSHRM College Relations Webinar:Certification vs. Grad School: Which is Right for You?Shelly Trent, SPHR, SHRM-SCP, CAE shellytrent@live.com
Value of certification to employers What certifications are available to students Eligibility for student certificationTopics Value of grad school to employers MBA or MHRM? Upcoming events Q&A
Value of HRCertification toEmployers A recent report from the Human Resources Certification Institute(HRCI) and the Top Employers Institute, “Emerging Evidence:Business Performance and the Validation of HR Best Practices,”found that companies that value HR certification outperformedthe industry average by 14 percent over a five-year period. Thesame companies outperformed the stock indexes in theirrespective countries by an average of 51 percent over the sameperiod. A study by the Society for Human Resources Management(SHRM), “The Value of HR Certification Around the World,” foundthat on average, HR professionals attributed a personal ROI of253 percent to professional certification and that perceivedvalue of professional certification increases proportionatelywith level of experience.From Is HR Certification Really Worth It? - Employers Council Blog
Value of HRCertificationfor Salary A 2015 HRCI-HumRRO study of about 12,000 practitionersholding certifications found that those with SPHR credentialsearned 19,712 more annually than their peers while individualsholding a PHR pulled down 4,547 more than those without anycertification. In addition, the report noted that 90 percent of people with PHRsand 87 percent of those with SPHRs were employed full time in anHR position compared with 69 percent of their noncertified peers. Finally, the report found that certified HR professionals reportedgreater income growth over time and higher career satisfaction.
A quick search of Glassdoor jobs directory turned up 2,801 jobsthat listed a PHR as a requirement or preference by employers,along with HR work experience.SHRM orHRCI?Depends onwho you ask A search for SHRM-CP resulted in 6,591 jobs in their directorythat mentioned this as a requirement. A search of Indeed resulted in 1,032 jobs mentioning a PHR vs.525 jobs asking for a SHRM-CP. On LinkedIn’s job boards, 221 jobs requested PHR certificationand 1,216 requesting SHRM-CP certification from candidates.There were also many employers posting both certifications,“Professional in Human Resources (PHR), or SHRM CertifiedProfessional (SHRM-CP): Preferred”From The Value of HR Certification: PHR or SHRM-CP? - Sage HR Blog
MinimumEducation forHR “A bachelor’s degree is a starting point for human resources. Anadvanced degree provides a huge foundation for knowledge andskills,” said Tamar Elkeles, who has a Ph.D. and is chief peopleofficer at Quixey, a Mountain View, California-based software firm.“Most learning does not occur in a classroom within a fewhours. It takes place on the job over longer periods of time.”From HR Credentials: Evaluating Their Value (workforce.com)
StudentEligibility forSHRM-CPCertificationwww.shrmcertification.org
arships/undergraduate/pages/default.aspx
s/default.aspx
StudentEligibility forHRCICertificationwww.HRCI.org
Cost considerations! Grad school is much more expensive! A certification plus Bachelor’s Degree to start; work for anemployer that will pay for your grad school.Grad Schoolvs.Certification However, HR professionals who hold a graduate degree tend tomake 25,000 to 30,000 more than those with undergrad degreesonly. Individuals who invest in an HR master’s degree will likelycover the cost of their additional education and the income lostwhile attaining it after five or six years. Several years ofprofessional-level experience is still expected, though, even with adegree and certification. If you go the grad school route, be sure to do internships or workin HR while in school, as it will be exceedingly difficult to get an HRjob with no HR-specific experience. Becoming certified demonstrates that you are familiar with themost current core practices and principles indigenous to the field.Many companies perceive hiring individuals who have attained HRcertification as an advantage.From Should you get an HR Certification or a Graduate Degree? - Human Resources Degrees (humanresourcesmba.net)
Undergrad business degree? Maybe MHRM or dual HR/MBA Undergrad HR degree? MBA with focus in HRMBA vs.MHRM Trade journals show that HR professionals need to get an MBA tohave any clout in an organization. CEOs want HR to understandbusiness, marketing, finance, etc., in addition to HR. SHRM did a research study on this about 10 years ago that showedMBA was preferred by CEOs. Ideally, find a dual degree MBA/MHRM50 Most Affordable Human Resource MBA Degree Programs2021 - Human Resources Degrees (humanresourcesmba.net)
-professionalsKYSHRMCollegeRelationsWebinarSeries
pterProgramsFREE for ALLStudents andFaculty
-professionalsPast SessionRecordingsand Slides
Friday, November 13, 202010:00 a.m. – Noon ET / 9:00 – 11:00 a.m. CTTeaching virtual courses that engage students - RECORDEDNEW!QuarterlyFacultySummitFriday, February 5, 202110:00 a.m. – Noon ET / 9:00 – 11:00 a.m. CTHR case studies to use in class and SHRM’s online resources for faculty - RECORDEDFriday, May 14, 202110:00 a.m. – Noon ET / 9:00 – 11:00 a.m. CTUsing & finding guest speakers; textbook choicesFriday, August 6, 202110:00 a.m. – Noon ET / 9:00 – 11:00 a.m. CTTeaching HR students about social justice and D&I in today's worldFriday, November 12, 202110:00 a.m. – Noon ET / 9:00 – 11:00 a.m. CTCurrent HR research or your own research and consulting projects
Interested in being a mentor or mentee? Form to complete at professionalsKYSHRMVirtualMentoringProgram Page one of form is for mentors; page two is for mentees Once form is completed, please save it to your computerand email it to shellytrent@live.com Matches will be made based on mutual areas of interest Geographic proximity not important since it is a virtualprogram
Q&A
Thank you for yourparticipation!Shelly Trent, SPHR, SHRM-SCP, CAEKYSHRM College Relations Directorshellytrent@live.com(502) 235-6438
A search for SHRM-CP resulted in 6,591 jobs in their directory that mentioned this as a requirement. A search of Indeed resulted in 1,032 jobs mentioning a PHR vs. 525 jobs asking for a SHRM-CP. On LinkedIn's job boards, 221 jobs requested PHR certification and 1,216 requesting SHRM-CP certification from candidates.
