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Agricultural economist hiring summary. Here are some key points about hiring agricultural economists in the United States:
Here's a step-by-step agricultural economist hiring guide:
An agricultural economist works in production and logistics in the farming industry. Their main task is to organize systems to make procedures efficient and cost-effective. In the agricultural sector, economists are vital, as they help determine how to manage limited resources to get the maximum profit. An agricultural economist must have profound knowledge of agriculture and know strategies to improve an agriculture-based company's yield and profit.
Before you start hiring an agricultural economist, 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 agricultural economist's background is also an important factor in determining whether they'll be a good fit for the position. For example, agricultural economists 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.
This list presents agricultural economist salaries for various positions.
| Type of Agricultural Economist | Description | Hourly rate |
|---|---|---|
| Agricultural Economist | Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues. | $15-74 |
| Economic Development Internship | An economic development intern is responsible for supporting an organization's market performance, analyzing trends in the industry, and strategizing techniques to improve business services. Economic development interns perform administrative duties under the supervision of tenured staff and managers... Show more | $12-25 |
| Economic Developer | While a development specialist works on creating plans for community development, the economic developer helps implement the development strategies set forth by specialists. They help in the distribution of survey questionnaires and the collection of data, as well as the interpretation of results... Show more | $17-33 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $119,993 | $58 |
| 2 | New York | $100,715 | $48 |
| 3 | California | $88,655 | $43 |
| 4 | Illinois | $79,462 | $38 |
| 5 | New Hampshire | $75,599 | $36 |
| 6 | Texas | $69,470 | $33 |
| 7 | Georgia | $68,704 | $33 |
| 8 | Missouri | $65,238 | $31 |
| 9 | North Carolina | $63,119 | $30 |
| 10 | Florida | $45,911 | $22 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | U.S. Department of Education | $92,934 | $44.68 | |
| 2 | H2a Inc | $68,343 | $32.86 | |
| 3 | AgriLogic | $68,343 | $32.86 | |
| 4 | RTI International Metals | $62,343 | $29.97 | |
| 5 | University of Kentucky | $61,202 | $29.42 | 2 |
| 6 | Americorps | $58,896 | $28.32 | |
| 7 | Steiner | $56,520 | $27.17 | |
| 8 | My Florida Regional Mls | $52,261 | $25.13 | |
| 9 | Florida Department of Transportation | $37,870 | $18.21 | |
| 10 | Kansas State University | $26,898 | $12.93 | 2 |
A job description for an agricultural economist 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 agricultural economist job description:
There are a few common ways to find agricultural economists for your business:
Recruiting agricultural economists 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. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the agricultural economist candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new agricultural economist first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Before you start to hire agricultural economists, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire agricultural economists pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $71,697 per year for an agricultural economist, 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 agricultural economists in the US typically range between $15 and $74 an hour.