As of May 18, 2021, the average salary for a Management Development Program in the United States is $60,498 per year, which breaks down to an hourly rate of $29.
However, a Management Development Program's salary can vary significantly. Here’s a look at the typical salary range:
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A Management Development Program's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Management Development Programs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Commitment | 9.19% |
| Nursing Practice | 1.81% |
| Spring | 1.49% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Written Communication
|
$62,313 |
3%
|
Your level of education can impact your salary potential. While many Management Development Programs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Management Development Program with a Bachelor's Degree is between $56,662 and $60,994).
Management Development Program Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 4.4% |
| High School | 20.0% |
| Associates | 20.0% |
| Bachelors | 28.9% |
| Masters | 24.4% |
| Doctorate | 2.2% |
Understanding how a Management Development Program's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021Salaries for a Management Development Program can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $55,867 in 2023 to around $53,962 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Management Development Program salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $55,867 |
| 2024 | $55,153 |
| 2025 | $53,962 |
| 2026 |
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|
| 2027 |
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Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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