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The differences between economic development specialists and training specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an economic development specialist and a training specialist. Additionally, a training specialist has an average salary of $77,231, which is higher than the $52,511 average annual salary of an economic development specialist.
The top three skills for an economic development specialist include medicaid, economic development and strong work ethic. The most important skills for a training specialist are customer service, training programs, and training materials.
| Economic Development Specialist | Training Specialist | |
| Yearly salary | $52,511 | $77,231 |
| Hourly rate | $25.25 | $37.13 |
| Growth rate | 8% | 8% |
| Number of jobs | 59,091 | 61,581 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 62% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
An economic development specialist helps ailing and needing communities to grow and have more opportunities for its citizens. They do this by first assessing the community for its needs. They create surveys and questionnaires to help in acquiring and recording data. Through the data gathered and analyzed, together with a team of economists, they can formulate developmental plans. They also talk to social workers for help and implement the plan, monitoring for both negative and positive effects continuously. They also offer hands-on training and seminars to improve community skills further.
As the name entails, training specialists are the ones who design and perform training programs that will foster employees' workplace performance and align with the core values of an organization. They have varied responsibilities, including identifying employee training needs, preparing teaching plans and developing an annual training program, and turning requirements into training to aid employees in their career development. They are also responsible for implementing training courses, staying up-to-date on the new tools and trends in employee development, and evaluating existing programs periodically.
Economic development specialists and training specialists have different pay scales, as shown below.
| Economic Development Specialist | Training Specialist | |
| Average salary | $52,511 | $77,231 |
| Salary range | Between $33,000 And $82,000 | Between $53,000 And $110,000 |
| Highest paying City | Washington, DC | Dallas, TX |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Morgan Stanley | CoreLogic |
| Best paying industry | Professional | Technology |
There are a few differences between an economic development specialist and a training specialist in terms of educational background:
| Economic Development Specialist | Training Specialist | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between economic development specialists' and training specialists' demographics:
| Economic Development Specialist | Training Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 32.5% Female, 67.5% | Male, 45.5% Female, 54.5% |
| Race ratio | Black or African American, 12.8% Unknown, 6.3% Hispanic or Latino, 17.0% Asian, 5.9% White, 57.5% American Indian and Alaska Native, 0.5% | Black or African American, 11.2% Unknown, 6.6% Hispanic or Latino, 16.0% Asian, 6.6% White, 59.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 12% |