Training & Development Manager Salary
Job Description for Training & Development Manager
A training and development manager helps their company with internal effectiveness and ability. Their responsibilities mainly consist of providing support to employees through various types of training. This may include holding workshops to introduce techniques to the entire staff, or working one-on-one with employees to tend to their individual professional needs. The training and development manager facilitates the growth of the individual performance of a worker and their ability to work effectively as part of a team. As such, the job may include developing and facilitating team-building exercises to make staff more comfortable and trusting of each other. Additionally, the training and development manager helps with training new employees on company policies and procedures.Read More...
Training and development managers usually have a bachelor’s degree in a business-related field or psychology. In addition, since the position involves a great deal of employee oversight, a human-relations background may be preferred. The ideal candidate also exhibits excellent interpersonal skills and the ability to stay organized even while performing a wide variety of tasks.
Training & Development Manager Tasks
- Coach and support staff through operational changes and supervision issues.
- Create, refine, and disseminate training manuals and other educational materials.
- Prepare training budget and evaluate instructor costs and performance.
- Support performance management and review process for supervisors and employees.
- Lead and evaluate training programs, orientation, and personnel development.
Common Career Paths for Training & Development Manager
While not commonly seen, Training & Development Managers who transition into an Organizational Development Director position may see a rise in pay. The median salary for Organizational Development Directors is $112K per year. As Training & Development Managers progress in their field, many go on to become Training Directors. In fact, this transition is more common than anything else, and pay for the position is usually $81K per year. Another common career choice for Training & Development Managers is to move into a Human Resources Manager role. Typically, Human Resources Managers get paid $59K.
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Popular Skills for Training & Development Manager
Training & Development Managers seem to wield many skills on the job. Most notably, facility with Change Management, Operations Management, and Project Management are correlated to pay that is significantly above average, leading to increases of 24 percent, 7 percent, and 3 percent, respectively. Those listing Recruiting as a skill should be prepared for drastically lower pay. Training and Microsoft Office also typically command lower compensation. Training Program Development is a skill commonly found among those who know Training Management.
Pay by Experience Level for Training & Development Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Training & Development Managers with a lot of experience do not necessarily enjoy more money. Respondents with less than five years' experience take home $62K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $73K. Training & Development Managers with one to two decades of relevant experience report an average salary of approximately $85K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $89K.
Pay Difference by Location
For Training & Development Managers, San Francisco provides a pay rate that is 32 percent greater than the national average. Training & Development Managers will also find cushy salaries in New York (+23 percent), Washington (+20 percent), Phoenix (+19 percent), and Boston (+18 percent). Miami is home to the smallest salaries in the field, lagging the national average by 13 percent. Orlando and Austin are a couple other places where companies are known to pay below the median — salaries are 12 percent lower and 10 percent lower, respectively.
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