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Become An Economic Development Specialist

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Working As An Economic Development Specialist

  • Training and Teaching Others
  • Getting Information
  • Establishing and Maintaining Interpersonal Relationships
  • Communicating with Supervisors, Peers, or Subordinates
  • Thinking Creatively
  • $77,000

    Average Salary

What Does An Economic Development Specialist Do

Training and development specialists help plan, conduct, and administer programs that train employees and improve their skills and knowledge.

Duties

Training and development specialists typically do the following:

  • Assess training needs through surveys, interviews with employees, or consultations with managers or instructors
  • Design and create training manuals, online learning modules, and course materials
  • Review training materials from a variety of vendors and choose appropriate materials
  • Deliver training to employees using a variety of instructional techniques
  • Monitor and evaluate training programs to ensure they are current and effective
  • Select and assign instructors or vendors to conduct training
  • Perform administrative tasks such as monitoring costs, scheduling classes, setting up systems and equipment, and coordinating enrollment

Training and development specialists create, administer, and deliver training programs for businesses and organizations. To do this, they must first assess the needs of an organization. Once those needs are determined, specialists develop custom training programs that take place in classrooms or training facilities. Training programs are increasingly delivered through computers, tablets, or other hand-held electronic devices.

Training and development specialists organize or deliver training sessions using lectures, group discussions, team exercises, hands-on examples, and other formats. Training can be in the form of a video, self-guided instructional manual, or online application. Training also may be collaborative, which allows employees to connect informally with experts, mentors, and colleagues, often through the use of technology.

Training and development specialists may monitor instructors, guide employees through media-based programs, or facilitate informal or collaborative learning programs.

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How To Become An Economic Development Specialist

Training and development specialists need a bachelor’s degree, and most need related work experience.

Education

Training and development specialists need a bachelor’s degree. Specialists may have a variety of education backgrounds, but many have a bachelor’s degree in training and development, human resources, education, or instructional design. Others may have a degree in business administration or a social science, such as educational or organizational psychology.

In addition, as technology continues to play a larger role in training and development, a growing number of organizations seek candidates who have a background in information technology or computer science.

Work Experience in a Related Occupation

Related work experience is important for most training and development specialists. Many positions require work experience in areas such as training and development or instructional design, or in related occupations, such as human resources specialists or even teachers.

Employers may prefer to hire candidates with previous work experience in the industry in which the company operates. However, some employers may hire candidates with a master’s degree in lieu of work experience. Increasingly, employers prefer candidates with experience in information technology, as organizations introduce more e-learning, mobile training, and technology-based tools.

Licenses, Certifications, and Registrations

Many human resources associations offer classes to enhance the skills of their members. Some associations, including the Association for Talent Development and International Society for Performance Improvement, specialize in training and development and offer certification programs. Although not required, certification can show professional expertise and credibility. Some employers prefer to hire certified candidates, and some positions may require certification.

Advancement

Training and development specialists may advance to training and development manager or human resources manager positions. Workers typically need several years of experience to advance. Some employers require managers to have a master’s degree in a related area.

Important Qualities

Analytical skills. Training and development specialists must evaluate training programs, methods, and materials, and choose those that best fit each situation.

Creativity. Specialists should be creative when developing training materials. They may need to think of and implement new approaches, such as new technology, when evaluating existing training methods.

Instructional skills. Training and development specialists often deliver training programs to employees. They use a variety of teaching techniques and sometimes must adapt their methods to meet the needs of particular groups.

Interpersonal skills. Specialists need strong interpersonal skills because delivering training programs requires collaboration with instructors, trainees, and subject-matter experts. They accomplish much of their work through teams.

Speaking skills. Speaking skills are essential for training and development specialists because they often give presentations. Specialists must communicate information clearly and facilitate learning by diverse audiences.

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Economic Development Specialist Career Paths

Economic Development Specialist
Child Protective Investigator Social Worker Consultant
Product Manager
6 Yearsyrs
Child Protective Investigator Social Worker Therapist
Patient Care Manager
5 Yearsyrs
Child Protective Investigator Social Worker Senior Technician Specialist
Marketing Director
7 Yearsyrs
Consultant Manager Operations Manager
Senior Operations Manager
9 Yearsyrs
Consultant Project Manager
Project Director
8 Yearsyrs
Interviewing Clerk Senior Clerk Owner
Development Director
9 Yearsyrs
Interviewing Clerk Senior Clerk Case Manager
Director Of Social Services
6 Yearsyrs
Interviewing Clerk Senior Clerk Account Manager
Client Services Manager
7 Yearsyrs
Coordinator Executive Assistant Account Executive
Regional Accounts Manager
8 Yearsyrs
Coordinator Team Leader President
Board Of Directors Member
8 Yearsyrs
Coordinator Team Leader Operations Manager
Operations Project Manager
7 Yearsyrs
Revenue Specialist Specialist Lead Technician
Technical Manager
7 Yearsyrs
Revenue Specialist Accountant Project Manager
Engagement Manager
9 Yearsyrs
Revenue Specialist Finance Analyst Program Manager
Deputy Director
9 Yearsyrs
Counselor Team Leader Training Manager
Director Of Training
7 Yearsyrs
Counselor Therapist Program Manager
Development & Program Manager
8 Yearsyrs
Counselor Adjunct Professor Training Manager
Manager, Learning & Development
10 Yearsyrs
Eligibility Specialist Program Coordinator Education Consultant
Educational Manager
7 Yearsyrs
Eligibility Specialist Executive Assistant Realtor
Community Relations Director
8 Yearsyrs
Eligibility Specialist Instructor Instructional Designer
Learning Manager
8 Yearsyrs
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Do you work as an Economic Development Specialist?

Economic Development Specialist Demographics

Gender

Female

58.7%

Male

25.6%

Unknown

15.7%
Ethnicity

White

58.7%

Hispanic or Latino

17.7%

Black or African American

13.6%

Asian

6.9%

Unknown

3.1%
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Foreign Languages Spoken

Spanish

60.4%

French

16.2%

Russian

4.5%

Portuguese

3.6%

Hindi

2.7%

Japanese

1.8%

Italian

1.8%

German

0.9%

Nepali

0.9%

Chinese

0.9%

Kurdish

0.9%

Wolof

0.9%

Dakota

0.9%

Carrier

0.9%

Urdu

0.9%

Thai

0.9%

Tswana

0.9%
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Economic Development Specialist Education

Schools

University of South Florida

14.3%

University of Phoenix

12.1%

Florida State University

9.4%

Florida International University

8.6%

University of Central Florida

7.2%

Nova Southeastern University

5.7%

Hillsborough Community College

5.2%

University of Florida

4.7%

Miami Dade College

4.7%

Saint Leo University

3.5%

University of North Florida

3.2%

Florida Atlantic University

3.2%

Capella University

3.2%

University of West Florida

2.5%

Florida State College at Jacksonville

2.2%

Pennsylvania State University

2.2%

Walden University

2.2%

Saint Petersburg College

2.2%

Keiser University

2.0%

Troy University

1.7%
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Majors

Business

23.5%

Criminal Justice

8.9%

Psychology

8.4%

Social Work

6.0%

Public Administration

6.0%

Economics

5.0%

Political Science

4.8%

Human Resources Management

4.4%

Finance

3.8%

Accounting

3.7%

Health Care Administration

3.4%

Management

2.9%

Urban Planning

2.8%

Sociology

2.8%

Marketing

2.7%

Human Services

2.3%

Public Health

2.2%

Nursing

2.2%

Education

2.2%

Legal Support Services

2.1%
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Degrees

Bachelors

39.6%

Masters

29.2%

Other

12.8%

Associate

10.5%

Certificate

4.0%

Doctorate

2.7%

Diploma

0.9%

License

0.3%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$77,000
View Detailed Salary Report
$40,000
Min 10%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$149,000
Max 90%
Best Paying Company
New York
Highest Paying City
Troy, NY
Highest Paying State
North Dakota
Avg Experience Level
2.8 years
How much does an Economic Development Specialist make at top companies?
The national average salary for an Economic Development Specialist in the United States is $78,034 per year or $38 per hour. Those in the bottom 10 percent make under $40,000 a year, and the top 10 percent make over $149,000.

Real Economic Development Specialist Salaries

Job Title Company Location Start Date Salary
Economic Specialist Advanced Services International I, Inc. New York, NY Oct 08, 2009 $90,805
Economic Development and Evaluation Specialist International Center for Research On Women Washington, DC Nov 01, 2010 $80,000
International Economic Development Specialist Allegheny Conference On Community Development Pittsburgh, PA Jan 01, 2010 $73,000
Economic Analysis Specialist National Communication Limited Corporation Miami, FL Jul 25, 2012 $72,758
Economic Development Specialist (Management Analys Dexis Interactive, Inc. Washington, DC Jan 28, 2011 $72,500
Economic Development Specialist (Management Analys Dexis Interactive, Inc. Washington, DC Mar 21, 2011 $72,500
Economic Development Specialist/Overseas Markets Wellness Publication LLC Chula Vista, CA Aug 15, 2010 $68,203
Economic Development Specialist PLS Diabetic Shoe Company, Inc. Parksdale, CA Sep 25, 2015 $67,101
Economic Development Specialist Andonian Enterprises, Inc.DBA Discount Tire Centers Anaheim, CA Aug 06, 2015 $64,563
Economics, Gender & Evaluation Specialist International Center for Research On Women Washington, DC Sep 15, 2014 $60,000
Economic Development Specialist BR111 Imports and Exports, Inc. Medley, FL Feb 11, 2010 $51,200
Economic Development Specialist Wilson Environmental Associates Irvine, CA Mar 31, 2011 $48,340
Economic Specialist Monica Franchi Souza Orlando, FL Nov 09, 2016 $46,862

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Top Skills for An Economic Development Specialist

  1. Medicaid
  2. Public Assistance Programs
  3. Economic Development
You can check out examples of real life uses of top skills on resumes here:
  • Conducted client interviews to determine public assistance eligibility utilizing Federal policy for Food Stamps, Welfare, and Medicaid programs.
  • Determine eligibility pursuant to the federal standards and criteria and/or obtain necessary information for proper application processing/budgeting for public assistance programs.
  • Served as branch manager and sole operator of the economic development division office aiding socially and economically disadvantaged business clientele.
  • Processed data from electronic sources and entering information into a computer-based eligibility system
  • Provided direct assistance to customers seeking to access community-based business development, housing, educational, after-school and other assistance.

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Top 10 Best States for Economic Development Specialists

  1. Rhode Island
  2. New Jersey
  3. Washington
  4. Massachusetts
  5. Delaware
  6. Virginia
  7. District of Columbia
  8. New Hampshire
  9. Connecticut
  10. Minnesota
  • (24 jobs)
  • (150 jobs)
  • (117 jobs)
  • (159 jobs)
  • (15 jobs)
  • (172 jobs)
  • (64 jobs)
  • (33 jobs)
  • (40 jobs)
  • (105 jobs)

Top Economic Development Specialist Employers

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