The CIPD is a professional body for HR and people development professionals. Many people wonder if obtaining a CIPD qualification can increase their salary. Let's explore this topic in more detail.
It's important to note that there is no guarantee that obtaining a CIPD qualification will automatically result in a higher salary. However, it can certainly increase your chances of securing a higher-paying job or receiving a salary increase in your current role.
Employers value CIPD qualifications as they demonstrate a level of knowledge and expertise in the field of HR and people development. In fact, many job advertisements specifically mention CIPD qualifications as a requirement or desirable attribute for applicants.
According to a survey conducted by the CIPD, 68% of HR professionals with a CIPD qualification reported an increase in salary after obtaining their qualification. However, this figure should be taken with a grain of salt, as it's impossible to know the extent to which the CIPD qualification was the sole factor in their salary increase.
It's also important to consider the level of CIPD qualification you obtain. The higher the level, the more valuable it is likely to be to employers. For example, a Level 7 CIPD qualification (the highest level) demonstrates a high level of knowledge and expertise in HR and people development. This is likely to be more valuable to employers than a Level 3 or Level 5 qualification.
What happens if you fail CIPD?
If you fail a CIPD exam or assessment, you will need to retake the exam or assessment. CIPD allows candidates to retake the exam or assessment within six months of their original attempt.
However, retaking the exam or assessment will require additional time, effort, and money. You may be required to pay a fee to retake the assessment, which will vary depending on the type of assessment and the level of membership you are seeking. Additionally, you may need to invest more time and effort into studying and preparing for the exam or assessment.
Failing a CIPD exam or assessment can also have an impact on your career progression, as it may delay your progress towards achieving CIPD membership. Therefore, it's essential to approach it as a learning opportunity, reflect on why you didn't meet the required standard, and develop a plan to address any areas for improvement.
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