Average Training and Development Specialists Salary in Memphis, TN-MS-AR
In the Memphis, TN-MS-AR metropolitan area, Training and Development Specialists earn an average annual salary of $61,390. This figure is notably below the national average of $73,570, suggesting that local market dynamics, such as industry demand and the overall economic landscape of the region, play a significant role in compensation levels for this profession.
Executive Summary
- Average Salary: $61,390 per year.
- Growth Trend: Salaries have shifted 2.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $96,690.
- Outlook: The Memphis area demonstrates a healthy concentration of Training and Development Specialists, with a Location Quotient of 1.21, indicating a presence slightly above the national average. Coupled with 3.44 jobs per 1,000 workers and a total local workforce of 2,130 in this role, the job market appears robust and offers a stable environment for professionals in this field.
Salary Overview
The average Training and Development Specialists in Memphis, TN-MS-AR earns-16.6%below the national average.
$29.5
$1,181
$5,116
Training and Development Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Training and Development Specialists in Memphis, as in most professional fields, have experienced gradual growth over the past four years. This trend is typically driven by inflation, increasing demand for skilled professionals, and the evolving nature of corporate training needs.
Training and Development Specialists Salary Distribution in Memphis, TN-MS-AR
Career progression for Training and Development Specialists in Memphis typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive expertise and leadership responsibilities can command salaries in the higher percentiles, reflecting the value of their accumulated knowledge and proven track record.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,600 | $18.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $46,043 | $22.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $51,580 | $24.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $76,738 | $36.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $96,690 | $46.5 |
Detailed Training and Development Specialists Market Analysis
Relocation Context
Nominal Salary
$61,390
Gross Pay
Real Wage (Purchasing Power)
$61,390
Adjusted for COL (100)
The average annual salary of $61,390 for Training and Development Specialists in Memphis aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial footing for individuals relocating to or residing in the area.
Job Market Context
2,130
Total Jobs
3.44
Per 1K Jobs
1.21
Location Quotient
With a location quotient of 1.21, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Training and Development Specialists roles compared to the national norm.
With a Location Quotient of 1.21, Memphis exhibits a slightly higher concentration of Training and Development Specialists compared to the national average. This suggests a competitive yet accessible job market where demand is present and potentially growing, offering good opportunities for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Training and Development Specialists
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Training and Development Specialists Salary | $49,170↓ 20% | 64 mi |
| Jackson, TN Training and Development Specialists Salary | $57,740↓ 6% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Training and Development Specialistss?
Frequently Asked Questions
How much does a Training and Development Specialists make in Memphis, TN-MS-AR?
The median annual salary for a Training and Development Specialists in Memphis, TN-MS-AR is $61,390. This typically ranges from $37,600 for entry-level positions to $96,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Memphis, TN-MS-AR is 16.6% lower than the national median of $73,570.
Is Memphis, TN-MS-AR a lucrative place for Training and Development Specialists?
No, not exceptionally lucrative compared to the national average.While the salary of $61,390 is substantial, it falls below the national average of $73,570. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Memphis, TN-MS-AR a good place to live for Training and Development Specialists?
The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Memphis, TN-MS-AR?
Some top paying nearby cities include Jonesboro, AR ($49,170) and Jackson, TN.
How does the Memphis salary compare to the national average?
The average salary for Training and Development Specialists in Memphis is $61,390, which is lower than the national average of $73,570.
What is the cost of living in Memphis, TN-MS-AR?
The cost of living in Memphis is at the national average, indicated by an index of 100.
Is there high demand for Training and Development Specialists in Memphis?
The Location Quotient of 1.21 suggests a slightly higher concentration of these specialists than the national average, indicating a healthy demand.
How many Training and Development Specialists are there in Memphis?
There are approximately 2,130 Training and Development Specialists in the Memphis, TN-MS-AR metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,130 employees in the Memphis, TN-MS-AR area with a job density of 3.44 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Training and Development Specialists • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR