The value of professional certifications for hospitality financial experts

Many hospitality financial professionals have earned the designation “certified hospitality accountant executives” (CHAE). It appears that CHAEs receive more compensation than do noncertified peers, but as a whole those with a CHAE do not attach much monetary value to it. By comparison, CHAEs were more generous in ascribing nonfinancial benefits to holding a CHAE. Nearly three of four indicated that having the CHAE acknowledges one's commitment to professionalism, while two out of three indicated that it identifies one as possessing technical expertise. Individuals who've earned the CHAE designation reported being satisfied with their positions and careers; moreover, it seems that those individuals may be more satisfied than hospitality financial experts who are not CHAEs.