There is no bigger professional racket these days than certifications, and more specifically, their renewals. If you're familiar with the money pit ITIL has become since PeopleCert took over, you have one of three ways to keep it active:

1. Take the same exam again - $300

2. Pass another higher level ITIL certification - $700+

3. Pay $122/year so you can submit "Continuing Professional Development" hours - $366

Unless your organization is footing the bill, steer as far away as you can. I let all of my CompTIA, Cisco, CWNP, and Microsoft certs expire within the last year or two because I would have been out another over $1k annually to keep them current. It would be different if most of these weren't static technologies or subject matter.

The fact that employers continue to force this charade on their employees versus coming up with an alternative is absolutely beetle headed.

TL;DR: Fuck them certs and the moron MBA's horse they rode in on.