There does appear to be a correlation between certain certifications and salary. Case management directors and supervisors who have an RN credential, on average, earn $10,000 more than those who do not. Case management directors and supervisors who have a CCM credential earn $20,000 more annually than their peers who do not, while SW case managers with a CCM credential earn an extra $15,000 annually. The CCM credential does not appear to affect RN case manager salaries, but RN case managers with an ACM credential earn approximately $5,000 more annually. SW case managers with an ACM credential earn 50% more than SW case managers without it.
Although the results show a connection between credentials and an increase in salary, some respondents voiced their frustration with not being compensated for continuing education. "My facility offers no benefit or pay raise for becoming certified in anything," wrote one respondent.
Excerpted from Case Management Weekly Issue - June 15, 2011