Average training salaries declined more than 3 percent in 2018-2019 to $85,116, according to Training magazine’s annual Salary Survey of 1,330 readers. The average increase in salary in the last 12 months (not including a promotion or change of employer) was 3 percent, the same as in 2017-2018. The majority (59 percent) of respondents typically work between 40 and 44 hours per week. Some 43 percent of respondents said their salary was low relative to their responsibilities, while another 47 percent said it was equitable (both the same as the prior year). Some 10 percent believe they are well paid relative to their responsibilities. Some 56 percent of respondents said they received a bonus in 2018, and 61 percent are eligible for one this year. The average cash bonus was $9,998, up just a bit from $9,947 the year before.
Only 1 percent said employers asked them to take a pay cut in 2018-2019, the same as the previous year. Some 33 percent of respondents said their organization cut budgets in the last 12 months, 7 percent less than in 2017-2018. Travel was trimmed by 31 percent of respondents’ organizations, 5 percent less than last year. Some 7 percent froze salaries vs. 9 percent in 2017-2018. And 6 percent eliminated bonuses vs. 7 percent the prior year. Employee layoffs were noted by 19 percent, 3 percent less than last year.
Most Training professionals continue to enjoy what they do for a living, with 75 percent saying they wouldn’t choose another career if they could do it all over again. Of those who preferred other careers, popular answers included airline pilot, architect, college professor, engineer, graphic designer, healthcare/ medical professional, IT professional, lawyer, medical doctor, nurse, real estate agent, salesperson, teacher, and writer. Plus, one aspired to be president of the United States.
Click HERE for to view the Salary Survey.