How Much Do Management Trainees Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary management trainees make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for management trainees and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of management trainees are offering as compensation.
Keep reading to learn more about how much management trainees can expect to make in the United States.
At a Glance: Salary & Jobs for Management Trainees
According to data from 2023, there were about 3,646,429 positions for management trainees in the United States. In terms of salary, the national median salary for management trainees was reported to be $101,275. Additionally, when examining job demand, employers across the country posted 600,543 job postings related to positions for management trainees.
How Much Money Do Management Trainees Make?
Median salary is just one data point. To build a better understanding of how much money management trainees and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for management trainees.
Annual Salary for Management Trainees
According to the BLS, the lowest earners for management trainees and related professions earned about $46,342 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $232,107 annually.
As mentioned previously, the median salary for management trainees in the United States in 2023 was $101,275.
Annual Salary Range For Management Trainees In 2023
Hourly Salary for Management Trainees
The BLS also breaks down compensation for management trainees by hourly salary, and the median average hourly pay for management trainees in 2023 was $49. Lowest hourly earners took home $22 while the highest reported hourly salaries for management trainees was $112.
Hourly Salary Range For Management Trainees In 2023
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Degree Options for Management Trainees
Maximize prior learning credit or transfer credit and earn a transfer-friendly online A.A.S. in Business Administration.
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With an associate of science in business administration degree, you’ll dig into the functional areas of business and learn how to connect each function with the others to advance business goals and further outcomes while you prepare for a variety of roles in operations, sales, management and coordination.
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Gain college credit for your training and work experience and prepare to move into management or grow your small business.
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- Accreditation: IACBE
Build a strong foundation of real-world business knowledge suitable for a variety of career options in your industry of choice.
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- Years To Complete: 3
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- Months To Complete: 14
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Advertised Compensation for Management Trainees
Data from the BLS is one way to dig into compensation for management trainees, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for management trainees.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Management Trainees
Advertised Annual Salary
During a review of 536,978 job postings related to management trainees, advertised salary was included in 184,066 of them, which was 34%. Based on those postings, the median advertised salary for management trainees was $66,432 per year.
Hourly Salary from Job Postings for Management Trainees
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for management trainees. Based on 31% of postings with advertised compensation, the median hourly salary for open positions for management trainees in the United States is about $32.
Salary Trend for Management Trainees
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for management trainees. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for management trainees dating back to September 2020, advertised salaries for management trainees have increased 26%.
Advertised Wage Trend For Management Trainees
What's the Job Growth for Management Trainees?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for management trainees over the next 10 years.
According to the data obtained through Lightcast,™ there were 3,649,908 jobs for management trainees in the United States in 2023. By 2033, it is expected that about 350,710 jobs will be added. That's a 9.6% increase over the next 10-year period.
Employment Projections For Management Trainees
Additional Links
Ready to dig deeper into career information about management trainees? Visit our other pages focused on salary and education for management trainees.
What do management trainees do?
Management Trainees: How do you become one?
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