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Business program manager hiring summary. Here are some key points about hiring business program managers in the United States:
Here's a step-by-step business program manager hiring guide:
Business Program Managers oversee specific company programs. They plan for the programs, manage the programs' budget allocation, implement activities, and evaluate the performance. They also lead the employees assigned to handle these programs. They are expected to properly onboard and train these employees to acclimate them with what the programs need. A Business Program Manager should understand the company's main business and the industry it moves in. This understanding helps them create sound strategies that will push their company's performance. This would also help them manage their business programs better.
First, determine the employments status of the business program manager you need to hire. Certain business program manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A business program manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, business program 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.
The following list breaks down different types of business program managers and their corresponding salaries.
| Type of Business Program Manager | Description | Hourly rate |
|---|---|---|
| Business Program Manager | Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations. | $44-78 |
| Manager, Strategy | A strategy manager is a professional who reviews a company's objectives for growth and works with executives to formulate actionable plans to achieve these objectives. To make comprehensive recommendations, strategy managers must conduct data analysis of the organization as well as the overall industry... Show more | $37-73 |
| Web Manager | Web Managers are responsible for managing websites for organizations. Their duties include managing website upgrades, testing for website performance, implement a strategy to increase web traffic and subscribers, troubleshooting website issues, and responding to security breaches... Show more | $25-60 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $147,174 | $71 |
| 2 | District of Columbia | $143,105 | $69 |
| 3 | California | $141,680 | $68 |
| 4 | Washington | $139,940 | $67 |
| 5 | New York | $135,244 | $65 |
| 6 | Colorado | $130,653 | $63 |
| 7 | Virginia | $126,257 | $61 |
| 8 | Connecticut | $126,000 | $61 |
| 9 | Maryland | $124,187 | $60 |
| 10 | North Carolina | $123,958 | $60 |
| 11 | Minnesota | $122,448 | $59 |
| 12 | Illinois | $121,664 | $58 |
| 13 | Nevada | $120,701 | $58 |
| 14 | Michigan | $118,795 | $57 |
| 15 | Indiana | $116,789 | $56 |
| 16 | Massachusetts | $116,164 | $56 |
| 17 | North Dakota | $114,877 | $55 |
| 18 | Georgia | $112,522 | $54 |
| 19 | Ohio | $106,524 | $51 |
| 20 | Texas | $105,129 | $51 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $143,459 | $68.97 | 322 |
| 2 | VMware | $139,294 | $66.97 | |
| 3 | $136,182 | $65.47 | 229 | |
| 4 | Citi | $134,804 | $64.81 | 27 |
| 5 | Bridgeway Capital Management | $134,596 | $64.71 | |
| 6 | PayPal | $130,316 | $62.65 | 26 |
| 7 | Waymo | $129,974 | $62.49 | 20 |
| 8 | Varian Medical Systems | $128,602 | $61.83 | |
| 9 | BNY Mellon | $128,224 | $61.65 | 16 |
| 10 | HP | $128,212 | $61.64 | 18 |
| 11 | Rambus | $126,497 | $60.82 | |
| 12 | Micron Technology | $125,733 | $60.45 | 29 |
| 13 | Levi Strauss & Co. | $124,255 | $59.74 | 8 |
| 14 | General Motors | $123,997 | $59.61 | 25 |
| 15 | Amazon | $123,659 | $59.45 | 1,409 |
| 16 | Nokia | $123,570 | $59.41 | 4 |
| 17 | $123,494 | $59.37 | 22 | |
| 18 | General Electric | $123,259 | $59.26 | 167 |
| 19 | JPMorgan Chase & Co. | $122,046 | $58.68 | 443 |
| 20 | Adobe | $121,953 | $58.63 | 61 |
A business program 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. To help get you started, here's an example of a business program manager job description:
There are a few common ways to find business program managers for your business:
During your first interview to recruit business program managers, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
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 have selected a candidate for the business program manager 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 business program manager 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.
Recruiting business program managers 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.
The median annual salary for business program managers is $122,869 in the US. However, the cost of business program manager hiring can vary a lot depending on location. Additionally, hiring a business program manager for contract work or on a per-project basis typically costs between $44 and $78 an hour.