The salary statistics of training and development managers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare training and development manager salaries in different industries within the finance and insurance sector.
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage|| |
|25th Percentile Wage|| |
|50th Percentile Wage|| |
|75th Percentile Wage|| |
|90th Percentile Wage|| |
Table 1 shows the average annual salary for training and development managers in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) training and development managers is $192,120. The median annual salary (50th percentile) is $109,650. The average annual salary for the bottom 10 percent paid training and development managers is $63,720.
The following table and chart show the trend of the median salary of training and development managers in the industry sector of finance and insurance from 2012 to 2016.
|Year||Median Salary||Yearly Growth||4-Year Growth|
The average salaries of training and development managers in 15 industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for training and development manager occupations is the funds, trusts, and other financial vehicles industry with an annual salary $122,150. The lowest paying industry is the insurance agencies and brokerages industry (annual salary $93,540). For detailed training and development manager salary information in a particular industry, use the links provided below.
|Industry Name||Median Annual Salary|
|Funds, Trusts, and Other Financial Vehicles|| |
|Other Financial Investment Activities|| |
|Direct Insurance (except Life, Health, and Medical) Carriers|| |
|Securities, Commodity Contracts, and Other Financial Investments and Related Activities|| |
|Other Insurance Related Activities|| |
|Insurance Carriers|| |
|Securities and Commodity Contracts Intermediation and Brokerage|| |
|Insurance Carriers and Related Activities|| |
|Nondepository Credit Intermediation|| |
|Agencies, Brokerages, and Other Insurance Related Activities|| |
|Credit Intermediation and Related Activities|| |
|Activities Related to Credit Intermediation|| |
|Depository Credit Intermediation|| |
|Other Nondepository Credit Intermediation|| |
|Insurance Agencies and Brokerages|| |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 .