A training and development manager provides professional development and learning opportunities for an organization’s workforce. This person oversees a staff of training and development specialists. Depending on the organization, the manager may deliver the training alone or oversee another party. Overall, the training and development manager relies on his or her knowledge and experience to help employees fulfill their potential at a company.
The specific role for a training and development manager will be contingent on the industry and size of the organization. For instance, a training and development manager at a small company may not oversee a staff of specialists and could be the only person who develops materials to guide professional development. At a larger organization, the manager may have a team of specialists and be responsible for the strategic direction of the department.
A training and development manager may perform the following activities.
- Identify training and development needs within the company and align them to the organization’s strategic goals.
- Develop programs based on available resources and in consultation with business managers and human resources departments.
- Create and manage a training budget.
- Update training programs so they remain current.
- Produce training materials for in-house courses and individual learning plans.
- Ensure that training needs are met for new and established employees.
- Evaluate the effectiveness of training programs and instructors.
- Research new technologies and approaches that can improve learning in the workplace.
Employment of training and development managers is projected to grow 7 percent by 2024, according to the Bureau of Labor Statistics (BLS). Employees in many occupations need continuing education and professional development, which helps demand for training and development managers remain steady.
The median annual wage for training and development managers is $102,640, according to the BLS. The lowest 10 percent earn less than $55,850, and the highest 10 percent earn more than $180,360.
Data is available for the median annual wage for training and development managers in the five most common industries.
- Professional, scientific and technical services earn $113,680.
- Management of companies and enterprises earn $110,140.
- Finance and insurance earn $104,710.
- Healthcare and social assistance earn $97,470.
- Educational services earn $96,760.
Although a bachelor’s degree is required for training and development managers to obtain employment, many employers prefer or require the manager to have a master’s degree. The master’s degree can be in management, training and development, organizational development or business administration.
Campbellsville University’s online Master in Management and Leadership prepares graduates for managerial roles, including those who wish to pursue careers as training and development managers. The program takes place in a fully online learning environment that allows students to maintain their current work and personal schedules. The curriculum provides students with an advanced understanding of business concepts and management.