Can employee training and development impact not only how effective workers are but also how long they stay at a company? LinkedIn’s 2018 Workforce Learning Report found that 94 percent of employees would stay at a company longer if it invested in their career. Workers desire opportunities to enhance their skills, and companies are in a strong position to benefit by offering these types of programs.
Adult learning and training in business refers to how employees can develop the skills and knowledge needed to work more effectively, pursue growth and become better aligned with the organization. More programs and professionals are needed to facilitate adult learning in organizational settings.
All of those trends lead to better-than-average job growth of training and development managers. These skilled HR professionals are able to help companies and their employees achieve growth.
What is a Training and Development Manager?
A training and development manager oversees staff and plans, directs and coordinates programs that enhance the knowledge and skills of an organization’s employees. The Bureau of Labor Statistics (BLS) outlines several specific tasks that a training and development manager typically performs.
- Assess employees’ needs for training
- Align adult training and development needs with the company’s strategic goals
- Develop and manage budgets
- Create and implement training programs to maximize available resources
- Work with vendors to review and select appropriate learning materials
- Teach training methods and skills to instructors and supervisors
- Evaluate the effectiveness of training programs and staff
A training and development manager supervises a team of training and development specialists, such as instructional designers, program developers and instructors. In large companies, the training and development manager may primarily work on teaching these professionals how to implement employee training and development programs. Smaller organizations may force the manager to be more hands-on in developing and implementing those programs.
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Salary and Career Outlook
The median annual wage for training and development managers is $108,250, according to the BLS. The highest 10 percent earn more than $187,670 and the lowest 10 percent earn less than $59,170.
Salary information is available for training and development managers in the top industries in which they work:
- Professional, scientific and technical services: $118,140
- Management of companies and enterprises: $117,610
- Finance and insurance: $112,920
- Educational services; state, local and private: $99,960
- Health care and social assistance: $96,370
Employment of training and development managers is projected to increase 10 percent by 2026, which is faster than the average for all occupations. Many employees are required to take continuing education and skill development courses, which creates demand for professionals to develop and provide training materials.
Also relevant is how recent developments in training methods and learning technology will continue through the next decade. Elements like social media and mobile learning will require training and development managers to modify training programs, allocate budgets and integrate these features into programs and their curricula.
How to Become a Training and Development Manager
A combination of education and related work experience is typically required to become a training and development manager. Often, certification is desired as well.
Many training and development managers start out as training and development specialists or another HR role, like HR generalist. For any of those positions, certification can be preferred or required. The HRCI and the SHRM are among the main organizations offering certifications in HR.
The most common educational requirement is a bachelor’s degree in HR or business. With an online human resources degree, you can gain the knowledge and skills needed to become a training and development manager. However, some of those positions prefer or require candidates to have a master’s degree in business.