Meeting News - June 16, 2008 - (Page 42) State of the Industry: MN Exclusive Research continued from page 38 name says you’re an experienced professional, and we speak the same language, she said. “I wanted to be taken seriously, and the CMP puts the period behind the fact that I’m a professional.” She has also found the CMP adds particular value to her contract negotiations.“Suppliers know that I know what I’m talking about,” she said,“which has helped me more than anything.” Within her company, too, she found the CMP added to her perceived value. “We’re an insurance company, so it’s common for employees to have initials behind their names, and they see me as more professional because I, too, have initials.” Although Hart-Martin felt the designation was acknowledged within her company—and the company paid the costs for her to earn it—the initials were not enough for a monetary reward. “I tried to show that obtaining the CMP should lead to a higher paid position,”she said,“but I can’t quite convince the powers that be here.” But while it might not automatically lead to higher pay, some planners feel it can lead to better job prospects.“We had a substantial layoff in 2002, and who knows if that will happen again,” said McCarter. “For meeting planners, these days having a CMP is like having a BA—it matters to human resources.” The MN survey found that other designations don’t hold nearly the cachet of the CMP. Although more than one-third of corporate planners (38%) said another important certification is the CMM (Certified Meeting Manager), MPI’s advanced-level global certification in meeting management, only 8 percent of association planners called it important. And not everyone can even consider the CMM. “It would be great to go for the CMM, but you have to do things that I don’t do in order to qualify, so it’s a moot point for me,” said McCarter. SOI What You Make In Your Field What is your annual salary? 0.0% When the Bucks Start to Roll In What is your annual salary? 3.1% 6.7% 3.2% 10.2% 25.0% Less than $30K Less than $30K 3.7% 11.7% 7.2% $30-$39.9K 11.9% 15.3% 15.6% 9.5% 8.2% 25.0% $30-$39.9K 14.5% $40-$49.9K 26.6% 27.8% 11.6% 18.4% 31.2% 18.9% 17.9% 15.3% 9.4% 12.2% 15.8% 11.2% 0.0% 5.6% 17.9% 8.2% 6.2% 4.4% 12.6% 3.1% 0.0% $40-$49.9K 16.8% 14.5% $50-$59.9K 19.3% 20.4% $50-$59.9K 11.6% $60-$69.9K 15.6% $60-$69.9K 10.9% 21.7% $70-$79.9K $70-$79.9K 5.5% 6.6% 10.1% 8.3% 3.6% Corporate Planners $80-$89.9K 4.3% 3.7% $80-$89.9K AGE: <30 $90-$99.9K Association Planners $90-$99.9K 0.0% 2.2% 3.2% 11.2% 31-40 41-50 6.6% 10.1% Other Planners $100-$124.9K 0.0% $100-$124.9K 2.8% 1.5% 5.8% 3.3% 4.2% 5.1% 3.3% 4.2% 9.2% 51+ More than $125K More than $125K 2.8% 6.6% 0% 5% 10% 15% 20% 25% 30% 0% 5% 10% 15% 20% 25% 30% 35% Source: MeetingNews survey of 315 meeting planners Source: MeetingNews survey of 315 meeting planners 42 MeetingNews June 16, 2008 www.meetingnews.com http://www.mimegasite.com/mimegasite/research/index.jsp http://www.meetingnews.com
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