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Bid manager hiring summary. Here are some key points about hiring bid managers in the United States:
Here's a step-by-step bid manager hiring guide:
A bid manager spearheads and oversees a company's bidding procedures for goods and services. They are in charge of managing a team of bidding analysts, reviewing customer requirements, and preparing proposals in adherence to guidelines and protocols. They also perform market research and analyses, study client and competitor behavior, gather and analyze data from other offices, perform risk assessments, and maintain databases. Moreover, a bid manager also has the responsibility to supervise staff, monitor their performance, and resolve issues should any arise.
First, determine the employments status of the bid manager you need to hire. Certain bid manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A bid manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, bid managers 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 bid manager salaries for various positions.
| Type of Bid Manager | Description | Hourly rate |
|---|---|---|
| Bid Manager | $33-68 | |
| Manager, Project Management | The role of a project management manager involves the planning, execution, monitoring, control, and closure of projects. Project managers oversee the scope of the entire project, the team, success or failure, and its resources... Show more | $35-69 |
| Consultant/Project Manager | Consultants/project managers act as planners, leaders, and advisors in business enterprises. These professionals facilitate meetings and establish positive relationships with vendors, management, and clients... Show more | $35-65 |
Including a salary range in your bid manager job description helps attract top candidates to the position. A bid manager salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a bid manager in Arkansas may be lower than in California, and an entry-level bid manager usually earns less than a senior-level bid manager. Additionally, a bid manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $130,314 | $63 |
| 2 | New York | $115,613 | $56 |
| 3 | Ohio | $113,847 | $55 |
| 4 | Massachusetts | $105,922 | $51 |
| 5 | Virginia | $104,313 | $50 |
| 6 | Pennsylvania | $102,531 | $49 |
| 7 | Texas | $101,238 | $49 |
| 8 | North Carolina | $101,063 | $49 |
| 9 | Connecticut | $99,032 | $48 |
| 10 | Arizona | $97,985 | $47 |
| 11 | Washington | $95,531 | $46 |
| 12 | Colorado | $93,688 | $45 |
| 13 | Maryland | $93,661 | $45 |
| 14 | South Dakota | $90,257 | $43 |
| 15 | Indiana | $89,518 | $43 |
| 16 | Missouri | $86,409 | $42 |
| 17 | Florida | $83,219 | $40 |
| 18 | Alabama | $82,658 | $40 |
| 19 | Illinois | $82,031 | $39 |
| 20 | Georgia | $76,963 | $37 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Apple | $133,183 | $64.03 | 20 |
| 2 | Accenture | $111,993 | $53.84 | 113 |
| 3 | Gartner | $105,445 | $50.69 | 4 |
| 4 | DXC Technology | $104,537 | $50.26 | 9 |
| 5 | Sysco | $103,519 | $49.77 | 1 |
| 6 | Eaton | $102,973 | $49.51 | 62 |
| 7 | Infosys Public Service | $102,586 | $49.32 | 7 |
| 8 | T-Mobile | $102,323 | $49.19 | 4 |
| 9 | Thales | $99,711 | $47.94 | |
| 10 | Fidelity National Information Solutions | $98,468 | $47.34 | |
| 11 | Alstom | $98,240 | $47.23 | 11 |
| 12 | Zayo Group | $96,602 | $46.44 | 1 |
| 13 | Telefónica Ecuador | $96,393 | $46.34 | |
| 14 | Vestas Blades America | $94,699 | $45.53 | |
| 15 | ADB SAFEGATE | $93,404 | $44.91 | |
| 16 | ABB | $93,075 | $44.75 | 16 |
| 17 | Cognizant | $90,747 | $43.63 | 24 |
| 18 | Hitachi U.S.A. | $80,754 | $38.82 | 25 |
| 19 | Spire | $79,528 | $38.23 | |
| 20 | System One | $76,660 | $36.86 | 38 |
A bid manager job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a bid manager job description:
There are a few common ways to find bid managers for your business:
Your first interview with bid manager candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect bid manager candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
After that, you can create an onboarding schedule for a new bid manager. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Hiring a bid manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting bid managers involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of bid manager recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $100,225 per year for a bid manager, 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 bid managers in the US typically range between $33 and $68 an hour.