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Training professionals earn higher than the average HR salary, says survey
For the first time in ten years learning, training and development professionals are earning higher than the average HR salary, according to the latest reward survey from Croner Reward in association with the Chartered Institute of Personnel and Development (CIPD).
The survey says managers in the learning and development field earn an average of £45,000 (+4%), compared to £37,739 last year (-2.4%), and have moved up the ranks from the lowest paid specialists in the HR industry to become second highest paid specialists in the HR industry, alongside recruitment specialists and employee relations.
Charles Cotton, CIPD reward adviser said: "Skills shortages and the need for continuous change within organisations are forcing employers to increasingly recognise the strategic importance of learning and development. This is being reflected in the increased salaries that many learning, training and development specialists now receive.
"The survey shows that learning, training and development professionals are currently the shock troops in the war for talent and the search for sustainable high performance working.
"CIPD research shows many organisations are now using learning and development to allow internal staff to fill posts, and appointing people who have the potential to grow but who currently don't have all that's required in response to these problems. But for this to work effectively learning, training and development professionals need to be sufficiently rewarded."
According to the survey, compensation and benefits specialists are the highest paid specialism receiving as much as 16% above the average salary for a senior manager (£50,000 compared with £43,272).
Cotton said: "The pay reflects the challenges that reward specialists face in providing a competitive pay and benefit package to help recruit, retain and motivate talent in a difficult labour market, while keeping wage costs down.
"It is up to the reward specialist to design a package that not only includes a good remuneration package but other elements such as holiday entitlement, flexible working, pension and health insurance."
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