Professionals in the procurement, purchasing, sourcing and supply chain career field looking to take their career to the next level. If you are PMP certified, you can expect up to 20% increase in your PMP salary if you compare with a project manager who is not certified. According to the Institute for Supply Management Salary survey, people who participate in the survey that are CPSM Certified earn 8-10% more than people who are not certified. Recently ISM has been transitioning to the Certified Professional in Supply Management (CPSM) certification to reflect the additional duties that purchasing managers are responsible for. Once your certification has expired, you will be given a one-year grace period in which you can recertify with no penalty. The CPSM® – Certified Professional In Supply Management is offered by ISM – The Institute For Supply Management.For details on ISM, please visit their website at: www.instituteforsupplymanagement.org. Certified Professional in Supply Management (CPSM). $60k. APICS CPIM/CSCP, CPSM certification completed or in process, preferred. 23d. Now let’s look at the various salary benchmarks. If yes to question 3, well then, your investment enables you to keep your job and feed your family. – Impact of experience on the salary of procurement professionals. Average. We asked 66 job seekers about their Certified Professional in Supply Management (CPSM). According to the Institute for Supply Management Salary survey, people who participate in the survey that are CPSM Certified earn 8-10% more than people who are not certified. While not a requirement, many recruiters agree that job seekers in the HR field can benefit greatly from professional certifications. The Institute for Supply Management annual salary survey has consistently shown CPSM Certified professionals make 8-10% more than their uncertified peers . Non-members cost. Are you looking to take your career to the next level? Which alumni earn the most after graduation? Timothy H. Leh, C.P.S.M., C.P.M., MBA is currently the Director, Global Strategic Sourcing for the Hershey Company. The certification alone will not result in a higher salary. To be eligible for recertification, CPSM holders must earn 60 hours of approved continuing education through any combination of: Taking semester-long college courses. I can help you find out what you should be paid. According to the Institute for Supply Management Salary survey, people who participate in the survey that are CPSM Certified earn 8-10% more than people who are not certified. Higher salary will result from higher performance and significant results. Call us about Corporate Rates, Group Rates, and Onsite Training Participants who successfully complete this program will receive 24 hours of continuing education. Classes availability based on a minimum number of students and instructor availability. Category Manager | Non-Clinical. Each course is six weeks long and provides you with self-study reading and activities. Stay up to date on the latest compensation trends. If yes to the first two question questions above, how much more salary will you earn (the difference between your old salary and your new salary)? Plus, you have the potential to earn a higher salary than your peers. ISM’s consent to allow usage of the CPSM ® logo is not an endorsement by ISM of this program, its content or its instruction. What your skills are worth in the job market is constantly changing. In my opinion it is … APICS (the American Production and Inventory Control Society) offers a wide range of courses for supply chain management, but the CSCP is probably the best fit for procurement specialists. So consider these questions…1) Once certified, will your current company give you a raise to a higher salary?2) Can I get a job at a different company in a higher-paying position?3) Will certification help me to keep my current job if my company is forced to reduce the number of employees? Are you in the field of procurement, purchasing, sourcing, or supply chain management? All the salary benchmarks are grouped under 5 job titles . Bottom 10% Bottom 25% Average Top 25% Top 10% $15,839 $45,839 $75,839 $105,839 $135,839 $165,839 $195,839 $32,191 $32,191 $45,563 $45,563 $98,605 $98,605 $139,566 $139,566 $67,028 $67,028. $45k. The certification alone will not result in a higher salary. Phone number: 877-680-0494 “I am going to be more interested in seeing certifications (or formal degrees) related directly to their career progression (e.g., PHR, … I'm in the business of helping people and businesses just like you! Fresh market data paired with robust analytics. Find your market worth with a report tailored to you, Certifications in the same industry as Certified Professional in Supply Management (CPSM), ranked by salary, Registered Communications Distribution Designer (RCDD), Certified Hazardous Materials Manager (CHMM), Associate Professional Risk Manager (APRM), International Traffic in Arms Regulations (ITAR) Certification, IBM Certified Specialist SPSS Statistics Level 1 v2, NAAEI Certified Apartment Portfolio Supervisor (CAPS), APICS Certified Supply Chain Professional (CSCP), Microsoft Certified IT Professional (MCITP): Enterprise Project Management with Microsoft Office Project Server, Association of Proposal Management (APMP) Certification, Certified in Healthcare Privacy Compliance (CHPC), SANS/GIAC Certified Enterprise Defender (GCED), Certified Practicing Project Manager (CPPM), Certified Construction Contract Administrator (CCCA). CPSM Accelerated Program (Bundle) Member $2,565 USD Reach out to me, and let's connect! $129k. Is your Supply Chain Globally Competitive? He is a Certified Train-the-Trainer (T3) for CPSM – Certified Professional in Supply Management. Salary for Certification: Certified Professional in Supply Management (CPSM) Job. Utilizing the techniques and study methods explored in the course, passing the exam is easier and faster than any other program available. CPSM Study Material Print Version: 45000; Examination Fee: 10500 per exam. To facilitate the completion of all exams for CPSM exams, these are conducted in every month. Salary and career advice to put you a step ahead. Are you frustrated with the lack of respect from people in your organization who don't see your value? $67,028. Any course canceled will be rescheduled and fees will be applied to the next course. Our training programs present the most effective and intense study methods required to pass all 3 exams which are required for certification. https://www.cpsmtraining.com - CPSM Certification Programs - online or in-person training that helps you master procurement skills and prepares you to pass the CPSM Certification Exams the first time, guaranteed, or we pay the reexam fees. The CPSM certification is valid for three years, and the holder must apply for recertification to maintain the designation. https://www.cpsmtraining.com - CPSM Certification Programs - online or in-person training that helps you master procurement skills and prepares you to pass the CPSM Certification Exams the first time, guaranteed, or we pay the reexam fees. Certified Professional in Supply Management (CPSM) – The CPSM was created in 2008, and strongly focuses on procurement and purchasing. If you're interested in learning more, my contact information is below. And like APICS, the ISM says that those with the certification can earn more: ISM’s own salary survey for 2013 states that professionals with a CPSM earn 9 … LinkedIn Profile URL: https://www.linkedin.com/in/randallmauldin/. ©2010-2020 Jack Quinn Solutions, LLC. We can easily deliver these promises to you because... If so, keep reading. $32K-$66K (Glassdoor est.) Based on the compiled data, CPSMs make 30% more in salary on average than their non-certified counterparts. The certification alone will not result in a higher salary. A procurement training program that transforms you from a tactical purchasing agent to a strategic sourcing adviser. Boyle, who has the CPSM, stresses again that the certification equips professionals with shared language, terminology and ideas. Hi, I'm Randy Mauldin. Several of the institutes mentioned cite studies showing higher pay for those with their designations, and Cohn and Seliger both agree with that assessment. Use our tool to get a personalized report on your market worth. This is what they told us: 77% of job seekers said " help my career progression " was the biggest reason for earning their Certified Professional in Supply Management (CPSM); 64% said earning their Certified Professional in Supply Management (CPSM) helped them make more money No refunds will be issued for no-shows, travel delays, missed sessions or cancellations. The ability to further your understanding and demonstrate certification demonstrates you are a marketable asset to the supply management industry ; or Associate's Degree and nine years in a procurement role At least two years of strategic sourcing experience Certified … $90k. You will either fight to keep your current job or seek new opportunities due to a #reduction in the #workforce at your company. Let me ask you a few questions: So to determine if any certification is worth the investment, we need to consider what future #opportunities may exist after certification. Improve your chances of receiving a raise when you ask. $67,028 avg per year. SPSM Certification vs CPIM Certification March 21, 2007 by Charles Dominick, SPSM, SPSM2, SPSM3 Procurement Topics 11 I receive questions once in a while asking about the difference between the SPSM Certification and the CPIM certification. The CPSM® is recognized globally and defines you as a Supply Management Professional around the world. PMP Salary Increase. The CPM exam is now reserved for recertification only, so unless you currently hold a CPM certification you must become CPSM certified. A marketing training program for procurement entrepreneurs who want to convert their purchasing skills into money generating procurement services. 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