The report also found that for a candidate without an ITIL qualification at least 10 to 15 years experience was required by the employer for the same pay bracket.

The survey was based on an assessment of Globe One’s current clients. All respondents said that they prefer that candidates have an ITIL certification, either manager or foundation level, and salary increases of up to 40% would be awarded to those with the qualification.

Tasos Symeonides, CEO, Axios Systems said: “While money may not be the primary reason that professionals pursue certification and training, there can be no denying that there is a very real correlation between the two.”

“With the flexibility of modern training opportunities, classroom and online, full or part-time, IT professionals now have the means to boost their careers in a way that simply would not have been possible fifteen years ago. Amidst the numerous IT qualifications with differing degrees of value it is gratifying to see that ITIL is regarded as an industry benchmark – both for employers and employees.”

Lauren Needoff, divisional manager for Globe One said: “We have worked with organisations in the IT Service Management space for many years and a trend that we have identified is that many positions simply are not open to candidates that have not attained the ITIL certification. This is particularly true in the public sector and financial services as well as for managed service providers and consultancies.”

“The IT skills gap, particularly for more junior positions, is a well worn topic of debate in the recruitment community and the financial incentives for reaching a certain skill set offers a fair reflection of the state of the market. ITIL has steadily become an industry imperative and by offering higher salaries companies are clearly recognising its business value.”