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Business coordinator hiring summary. Here are some key points about hiring business coordinators in the United States:
Here's a step-by-step business coordinator hiring guide:
Business coordinators are responsible for providing administrative and executive support-related tasks. These tasks may vary depending on the industry but typically include assisting the CEO in developing marketing plans and marketing strategy, keeping track of financial records, and producing proposals by gathering inputs from the CEO and the business development team. In addition, they are responsible for coordinating calendar and appointment schedules, assisting with ad-hoc projects, and organizing and managing documentation and data systems such as external data storage and cloud servers.
The business coordinator hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
Hiring the perfect business coordinator also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
The following list breaks down different types of business coordinators and their corresponding salaries.
| Type of Business Coordinator | Description | Hourly rate |
|---|---|---|
| Business Coordinator | $14-37 | |
| Business Internship | In a business internship, the responsibilities will vary by the directives given by the supervising staff. However, one of the primary duties as an intern is to perform support-related tasks for the department or office where they are assigned... Show more | $12-21 |
| National Account Coordinator | A national account coordinator is primarily in charge of building positive relationships with new and existing clients, ensuring client satisfaction and profit growth. They support a company's sales team by conveying the needs of clients, developing sales strategies through research and analyses, and recommending solutions against problem areas... Show more | $13-25 |
Including a salary range in your business coordinator job description helps attract top candidates to the position. A business coordinator 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 business coordinator in Nebraska may be lower than in Hawaii, and an entry-level business coordinator usually earns less than a senior-level business coordinator. Additionally, a business coordinator 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 | $71,237 | $34 |
| 2 | Maryland | $63,663 | $31 |
| 3 | Pennsylvania | $63,105 | $30 |
| 4 | New York | $59,379 | $29 |
| 5 | Florida | $56,405 | $27 |
| 6 | Indiana | $55,234 | $27 |
| 7 | Georgia | $55,171 | $27 |
| 8 | Massachusetts | $54,885 | $26 |
| 9 | Virginia | $53,171 | $26 |
| 10 | Oregon | $52,125 | $25 |
| 11 | Ohio | $49,254 | $24 |
| 12 | Iowa | $48,793 | $23 |
| 13 | Michigan | $48,246 | $23 |
| 14 | Illinois | $47,102 | $23 |
| 15 | Missouri | $46,354 | $22 |
| 16 | Texas | $45,961 | $22 |
| 17 | Minnesota | $44,359 | $21 |
| 18 | Colorado | $42,800 | $21 |
| 19 | South Carolina | $41,067 | $20 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Exxon Mobil | $82,595 | $39.71 | 11 |
| 2 | City of Detroit | $82,197 | $39.52 | 1 |
| 3 | Raymond James Financial | $79,199 | $38.08 | 29 |
| 4 | Citi | $77,250 | $37.14 | 4 |
| 5 | MUFG EMEA | $75,720 | $36.40 | |
| 6 | Fifth Third Bank | $72,012 | $34.62 | 10 |
| 7 | Latham & Watkins | $71,057 | $34.16 | 3 |
| 8 | Chicago Transit Authority | $68,967 | $33.16 | 2 |
| 9 | Lucid Motors | $66,475 | $31.96 | 1 |
| 10 | JPMorgan Chase & Co. | $66,357 | $31.90 | 218 |
| 11 | Yes Virginia | $66,200 | $31.83 | 2 |
| 12 | Berkshire Hathaway HomeServices | $64,484 | $31.00 | 3 |
| 13 | Formosa Plastics | $60,836 | $29.25 | |
| 14 | Starz | $60,708 | $29.19 | |
| 15 | ICF | $57,968 | $27.87 | 1 |
| 16 | Wizards of the Coast | $57,792 | $27.78 | |
| 17 | New England Biolabs | $57,161 | $27.48 | |
| 18 | Texas A&M University–Central Texas | $56,119 | $26.98 | |
| 19 | LA State University Continuing | $54,778 | $26.34 | 40 |
| 20 | M&T Bank | $54,653 | $26.28 | 25 |
A good business coordinator job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a business coordinator job description:
To find the right business coordinator for your business, consider trying out a few different recruiting strategies:
To successfully recruit business coordinators, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
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've found the business coordinator 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 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 business coordinator. 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.
There are different types of costs for hiring business coordinators. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new business coordinator employee.
Business coordinators earn a median yearly salary is $49,119 a year in the US. However, if you're looking to find business coordinators for hire on a contract or per-project basis, hourly rates typically range between $14 and $37.