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Acquisition specialist hiring summary. Here are some key points about hiring acquisition specialists in the United States:
Here's a step-by-step acquisition specialist hiring guide:
An acquisition specialist is in charge of developing strategies to acquire goods and services on behalf of a company. Their responsibilities include coordinating with different departments to gather data, conducting extensive research and analysis to find cost-efficient materials and resources, liaising with external parties such as vendors and suppliers, negotiating contracts, and arranging payment plans. Furthermore, an acquisition specialist may also participate in a company's employment procedures and recruit potential employees in adherence to the company's vision and mission.
Before you start hiring an acquisition specialist, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
An acquisition specialist's background is also an important factor in determining whether they'll be a good fit for the position. For example, acquisition specialists from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
Here's a comparison of acquisition specialist salaries for various roles:
| Type of Acquisition Specialist | Description | Hourly rate |
|---|---|---|
| Acquisition Specialist | Buyers and purchasing agents buy products and services for organizations to use or resell. They evaluate suppliers, negotiate contracts, and review the quality of products. | $20-47 |
| Procurement Agent | A procurement agent develops profitable measures to save the client money and ensure the quality of goods supplied. Procurement agents obtain the purchased items through suppliers, monitor them, and expedite the orders... Show more | $23-50 |
| Planner/Buyer | The role of buyers/planners is to ensure that office materials and equipment are well-supplied within their organization. They decide and purchase the materials needed for use or resale by their organization... Show more | $17-37 |
Including a salary range in your acquisition specialist job description is one of the best ways to attract top talent. An acquisition specialist can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $83,998 | $40 |
| 2 | Virginia | $83,986 | $40 |
| 3 | Maryland | $83,578 | $40 |
| 4 | California | $81,991 | $39 |
| 5 | New York | $81,023 | $39 |
| 6 | Massachusetts | $78,533 | $38 |
| 7 | Nevada | $68,952 | $33 |
| 8 | Indiana | $68,429 | $33 |
| 9 | North Carolina | $67,881 | $33 |
| 10 | Illinois | $66,294 | $32 |
| 11 | Alabama | $65,629 | $32 |
| 12 | Arizona | $61,113 | $29 |
| 13 | Texas | $58,957 | $28 |
| 14 | Washington | $58,406 | $28 |
| 15 | Oregon | $58,303 | $28 |
| 16 | Colorado | $56,370 | $27 |
| 17 | Florida | $55,736 | $27 |
| 18 | Georgia | $55,089 | $26 |
| 19 | Missouri | $54,611 | $26 |
| 20 | Utah | $49,232 | $24 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Amazon | $120,657 | $58.01 | 63 |
| 2 | SAS Institute | $117,504 | $56.49 | |
| 3 | Genentech | $117,214 | $56.35 | |
| 4 | Better | $107,421 | $51.64 | |
| 5 | HSBC Bank | $105,371 | $50.66 | |
| 6 | Redfin | $98,368 | $47.29 | |
| 7 | Johnson & Johnson | $96,817 | $46.55 | 11 |
| 8 | Avian | $94,778 | $45.57 | 1 |
| 9 | Booz Allen Hamilton | $93,993 | $45.19 | 9 |
| 10 | Gillette | $93,111 | $44.76 | |
| 11 | Glu Mobile | $89,225 | $42.90 | |
| 12 | Noblis | $89,161 | $42.87 | 1 |
| 13 | Grant Thornton | $88,898 | $42.74 | |
| 14 | Jam City | $88,523 | $42.56 | 1 |
| 15 | Discover | $88,446 | $42.52 | |
| 16 | ZeroCater | $88,386 | $42.49 | |
| 17 | Encyclopdia Britannica Online | $87,878 | $42.25 | |
| 18 | Crown Castle International | $86,944 | $41.80 | |
| 19 | The Aerospace Corporation | $86,511 | $41.59 | |
| 20 | MITRE | $85,912 | $41.30 | 4 |
A job description for an acquisition specialist role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an acquisition specialist job description:
To find acquisition specialists for your business, try out a few different recruiting strategies:
Recruiting acquisition specialists requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the acquisition specialist position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Recruiting acquisition specialists involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $65,906 per year for an acquisition specialist, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for acquisition specialists in the US typically range between $20 and $47 an hour.