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Management development program salary
Average management development program salary
$55,218
Average Management Development Program Salary
The average salary for a Management Development Program stands at approximately $55,218 annually. This figure can differ based on factors such as location, experience, and the specific industry. For example, entry-level positions may offer lower salaries, while those with several years of experience can expect significantly higher compensation.
Where Can a Management Development Program Earn More?
Salaries can vary widely across different states and cities. For instance, major metropolitan areas often provide higher salaries due to the cost of living and demand for skilled professionals. States like California and New York frequently rank among the highest paying for this role.
Highest Paying Cities
In cities such as San Francisco, New York, and Los Angeles, Management Development Program salaries can exceed the average by several thousand dollars. This highlights the importance of location in salary negotiations and career planning.
Conclusion
Understanding salary averages and variations in the Management Development Program can guide job seekers in making informed decisions about their career paths.
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Where can a Management Development Program earn more?
Management development program salaries by experience level
Average management development program salary by state
The highest-paying states for management development programs are Massachusetts, Connecticut, and Maryland. The lowest average management development program salary states are Nebraska, Idaho, and Montana.
- State view
- County view
Highest paying states for management development programs
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $75,417 | $36.26 |
| 2 | Pennsylvania | $65,955 | $31.71 |
| 3 | District of Columbia | $66,437 | $31.94 |
| 4 | New York | $66,323 | $31.89 |
| 5 | Texas | $56,127 | $26.98 |
| 6 | Ohio | $61,924 | $29.77 |
| 7 | Massachusetts | $77,646 | $37.33 |
| 8 | West Virginia | $55,641 | $26.75 |
| 9 | New Jersey | $68,587 | $32.97 |
| 10 | Michigan | $54,913 | $26.40 |
| 11 | Illinois | $63,538 | $30.55 |
| 12 | Arizona | $53,795 | $25.86 |
| 13 | Maryland | $72,053 | $34.64 |
| 14 | Nevada | $56,223 | $27.03 |
| 15 | California | $70,216 | $33.76 |
| 16 | North Carolina | $61,942 | $29.78 |
| 17 | Rhode Island | $62,299 | $29.95 |
| 18 | New Mexico | $51,991 | $25.00 |
| 19 | Wisconsin | $53,019 | $25.49 |
| 20 | Delaware | $56,189 | $27.01 |
| 21 | Washington | $61,587 | $29.61 |
| 22 | Kentucky | $52,495 | $25.24 |
| 23 | Virginia | $60,633 | $29.15 |
| 24 | New Hampshire | $56,584 | $27.20 |
| 25 | Alabama | $50,119 | $24.10 |
| 26 | Alaska | $50,070 | $24.07 |
| 27 | Hawaii | $51,298 | $24.66 |
| 28 | Georgia | $49,556 | $23.82 |
| 29 | Oregon | $52,326 | $25.16 |
| 30 | South Dakota | $46,979 | $22.59 |
| 31 | Louisiana | $51,168 | $24.60 |
| 32 | Missouri | $49,478 | $23.79 |
| 33 | Indiana | $48,086 | $23.12 |
| 34 | Florida | $47,399 | $22.79 |
| 35 | South Carolina | $49,875 | $23.98 |
| 36 | Minnesota | $51,586 | $24.80 |
| 37 | Colorado | $51,741 | $24.88 |
| 38 | Nebraska | $42,482 | $20.42 |
| 39 | Oklahoma | $47,199 | $22.69 |
| 40 | Montana | $40,811 | $19.62 |
| 41 | Maine | $48,352 | $23.25 |
| 42 | Iowa | $46,063 | $22.15 |
| 43 | Arkansas | $39,245 | $18.87 |
| 44 | Kansas | $43,527 | $20.93 |
| 45 | Wyoming | $44,377 | $21.34 |
| 46 | Tennessee | $44,210 | $21.25 |
| 47 | North Dakota | $39,568 | $19.02 |
| 48 | Mississippi | $44,250 | $21.27 |
| 49 | Utah | $38,079 | $18.31 |
| 50 | Vermont | $44,424 | $21.36 |
| 51 | Idaho | $41,130 | $19.77 |
Highest paying cities for management development programs
The highest-paying cities for management development programs are Boston, MA, Greenwich, CT, and San Francisco, CA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Boston, MA | $77,707 | $37.36 |
| 2 | Greenwich, CT | $75,860 | $36.47 |
| 3 | San Francisco, CA | $73,014 | $35.10 |
| 4 | Baltimore, MD | $72,239 | $34.73 |
| 5 | Freehold, NJ | $68,709 | $33.03 |
| 6 | Philadelphia, PA | $66,716 | $32.08 |
| 7 | New York, NY | $66,693 | $32.06 |
| 8 | Chicago, IL | $63,738 | $30.64 |
| 9 | Akron, OH | $63,237 | $30.40 |
| 10 | Seattle, WA | $62,060 | $29.84 |
| 11 | Virginia Beach, VA | $61,228 | $29.44 |
| 12 | San Antonio, TX | $57,318 | $27.56 |
| 13 | Phoenix, AZ | $53,848 | $25.89 |
| 14 | Albuquerque, NM | $52,024 | $25.01 |
| 15 | Lake Charles, LA | $51,807 | $24.91 |
| 16 | Denver, CO | $51,549 | $24.78 |
| 17 | Atlanta, GA | $49,383 | $23.74 |
| 18 | Anderson, IN | $48,354 | $23.25 |
| 19 | Oklahoma City, OK | $47,963 | $23.06 |
| 20 | Jacksonville, FL | $47,032 | $22.61 |
Management development program salary details
A management development program's salary ranges from $31,000 a year at the 10th percentile to $96,000 at the 90th percentile.
What is a management development program's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $96,000 | $8,000 | $46 |
| 75th Percentile | $74,000 | $6,167 | $36 |
| Average | $55,218 | $4,602 | $27 |
| 25th Percentile | $41,000 | $3,417 | $20 |
| 10th Percentile | $31,000 | $2,583 | $15 |
Highest paying management development program jobs
The highest paying types of management development programs are subject matter expert, program management consultant, and senior consultant.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Business Analyst-Consultant | $90,127 | $7,511 | $43.33 | 166,560 |
| Business Consultant | $87,214 | $7,268 | $41.93 | 128,033 |
| Technical Business Analyst | $81,757 | $6,813 | $39.31 | 203,686 |
| Consultant | $78,912 | $6,576 | $37.94 | 171,733 |
| Human Resources Analyst | $69,001 | $5,750 | $33.17 | 90,211 |
| Analyst | $73,007 | $6,084 | $35.10 | 253,138 |
Top companies hiring management development programs now:
Which companies pay management development programs the most?
Management development program salaries at PayPal and ServiceNow are the highest-paying according to our most recent salary estimates. In addition, the average management development program salary at companies like AQR Capital Management and Microsoft are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | PayPal | $133,289 | $64.08 |
| 2 | ServiceNow | $124,648 | $59.93 |
| 3 | AQR Capital Management | $123,023 | $59.15 |
| 4 | Microsoft | $119,912 | $57.65 |
| 5 | BlackRock | $100,657 | $48.39 |
| 6 | 8x8 | $88,726 | $42.66 |
| 7 | Conrad's Tire Express & Total Car Care | $88,716 | $42.65 |
| 8 | Dassault Systèmes | $85,723 | $41.21 |
| 9 | New York Life Insurance | $84,755 | $40.75 |
| 10 | Amedisys | $75,903 | $36.49 |
| 11 | USM Business Systems | $75,737 | $36.41 |
| 12 | Western States Fire Protection | $75,339 | $36.22 |
| 13 | John Deere | $75,315 | $36.21 |
| 14 | Milliman | $75,287 | $36.20 |
| 15 | DXC Technology | $74,846 | $35.98 |
| 16 | Ceres | $73,955 | $35.56 |
| 17 | APi Group | $73,501 | $35.34 |
| 18 | Oldcastle Infrastructure | $73,354 | $35.27 |
| 19 | MITRE | $69,953 | $33.63 |
| 20 | Kohler Co. | $69,821 | $33.57 |
Wage gap by gender, race and education
Management Development Program salary by industry
The average management development program salary varies across industries:
- The average management development program salary in the automotive industry is $86,316, the highest of any industry.
- The average management development program salary in the finance industry is $85,749.
- Management development programs in the insurance industry earn an average salary of $51,503, the lowest of any industry.
Highest paying industries for management development programs
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Automotive | $86,316 | $41.50 |
| 2 | Pharmaceutical | $85,749 | $41.23 |
| 3 | Finance | $75,292 | $36.20 |
| 4 | Hospitality | $62,917 | $30.25 |
| 5 | Technology | $62,828 | $30.21 |
| 6 | Manufacturing | $58,351 | $28.05 |
| 7 | Insurance | $51,503 | $24.76 |
High paying management development program jobs
Management development program salary trends
The average management development program salary has risen by $5,776 over the last ten years. In 2014, the average management development program earned $49,442 annually, but today, they earn $55,218 a year. That works out to a 8% change in pay for management development programs over the last decade.
Compare management development program salaries for cities or states with the national average over time.
Average management development program salary over time
Compare management development program salaries for individual cities or states with the national average.
Management development program salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $55,200 | $26.55 | +2.7% |
| 2024 | $53,700 | $25.82 | +1.9% |
| 2023 | $52,700 | $25.32 | +1.4% |
| 2022 | $51,900 | $24.97 | +1.4% |
| 2021 | $51,200 | $24.63 | +0.0% |
Recently added management development program salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Oocl Usa Inc. | Shipment Management Training Program | Mount Pleasant, SC | 06/29/2025 | $45,914 |
| The Vanguard Group | MBA Development Program-General Management | Malvern, PA | 06/28/2025 | $145,000 |
| Ametek, Inc. | Financial Management Program-Multiple U.S. Locations | Berwyn, PA | 06/26/2025 | $65,000 |
| Morgan Stanley | Wealth Management VEA Program | Alpharetta, GA | 06/26/2025 | $65,000 |
| Morgan Stanley | Wealth Management VEA Program | New York, NY | 06/26/2025 | $65,000 |
| New York Life Insurance Company | Accelerated Path To Management Program | New York, NY | 06/25/2025 | $66,560 |
| Capps | Program Management Spec III | Austin, TX | 06/22/2025 | $102,000 |
| Manufacturers and Traders Trust Co | 2025 Management Development Program Wealth Management | Bridgeport, CT | 06/21/2025 | $61,713 |
| New York Life Insurance Company | Accelerated Path To Management Program | Wall, NJ | 06/20/2025 | $66,560 |
| New York Life Insurance Company | Fast Track To Management Program | Wayne, PA | 06/20/2025 | $66,560 |
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