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Business solutions consultant hiring summary. Here are some key points about hiring business solutions consultants in the United States:
Here's a step-by-step business solutions consultant hiring guide:
A business solutions consultant specializes in recommending ways to optimize company operations using their expertise in the industry. They are typically working with the management team where they perform research and analysis to identify new business opportunities, assess existing systems to identify areas needing improvement, coordinate with other staff to gather and analyze data, develop and implement solutions in problem areas, and devise strategies to optimize workforce operations. Furthermore, it is essential to come up with solutions while adherence to the company's policies and regulations, including its vision and mission.
First, determine the employments status of the business solutions consultant you need to hire. Certain business solutions consultant roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A business solutions consultant's background is also an important factor in determining whether they'll be a good fit for the position. For example, business solutions consultants 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 shows salaries for various types of business solutions consultants.
| Type of Business Solutions Consultant | Description | Hourly rate |
|---|---|---|
| Business Solutions Consultant | Management analysts, often called management consultants, propose ways to improve the efficiency of an organization. They advise managers on how to make organizations more profitable through reduced costs and increased revenues. | $33-63 |
| Business Developer | A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement... Show more | $31-75 |
| Business Advisor | Business Advisors are consultants responsible for implementing business strategies to improve financial and operational efficiency. They are involved in preparing financial budgets, recommending a change in the operational process, identifying new business opportunities, evaluating a marketing strategy, and reviewing supplier and labor contracts... Show more | $32-66 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Massachusetts | $116,792 | $56 |
| 2 | New Jersey | $116,465 | $56 |
| 3 | New York | $115,824 | $56 |
| 4 | Washington | $109,159 | $52 |
| 5 | Pennsylvania | $108,936 | $52 |
| 6 | California | $107,736 | $52 |
| 7 | Maryland | $107,355 | $52 |
| 8 | Connecticut | $103,223 | $50 |
| 9 | North Carolina | $102,999 | $50 |
| 10 | Illinois | $99,080 | $48 |
| 11 | Texas | $98,731 | $47 |
| 12 | Virginia | $98,114 | $47 |
| 13 | Minnesota | $97,548 | $47 |
| 14 | Georgia | $96,363 | $46 |
| 15 | Wisconsin | $95,041 | $46 |
| 16 | Michigan | $94,349 | $45 |
| 17 | Missouri | $92,402 | $44 |
| 18 | Arizona | $92,172 | $44 |
| 19 | Colorado | $90,725 | $44 |
| 20 | Oregon | $90,666 | $44 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | $129,419 | $62.22 | 132 | |
| 2 | IFS | $114,336 | $54.97 | 6 |
| 3 | Zilliant | $112,131 | $53.91 | |
| 4 | Temenos AG | $105,635 | $50.79 | |
| 5 | Lytx | $105,041 | $50.50 | |
| 6 | Visa | $103,528 | $49.77 | 13 |
| 7 | Hyland | $103,041 | $49.54 | |
| 8 | American Century Investments | $102,902 | $49.47 | 1 |
| 9 | HM Health Solutions | $102,246 | $49.16 | |
| 10 | International Decision Systems | $98,487 | $47.35 | |
| 11 | Highmark | $97,785 | $47.01 | 482 |
| 12 | HCSC | $97,335 | $46.80 | 34 |
| 13 | IBM | $96,735 | $46.51 | 449 |
| 14 | Pwc | $94,311 | $45.34 | 1,310 |
| 15 | Deloitte | $88,308 | $42.46 | 4,139 |
| 16 | Bank of America | $87,538 | $42.09 | 48 |
| 17 | Wells Fargo | $86,815 | $41.74 | 118 |
| 18 | Accenture | $85,144 | $40.93 | 677 |
| 19 | Olsen Thielen and Co., Ltd. | $84,108 | $40.44 | |
| 20 | Voya Financial | $83,896 | $40.33 | 11 |
A business solutions consultant 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 solutions consultant job description:
To find business solutions consultants for your business, try out a few different recruiting strategies:
During your first interview to recruit business solutions consultants, 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.
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 found the business solutions consultant 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.
After that, you can create an onboarding schedule for a new business solutions consultant. 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 business solutions consultant comes with both the one-time cost per hire and ongoing costs. The cost of recruiting business solutions consultants 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 business solutions consultant recruiting as well the ongoing costs of maintaining the new employee.
Business solutions consultants earn a median yearly salary is $96,777 a year in the US. However, if you're looking to find business solutions consultants for hire on a contract or per-project basis, hourly rates typically range between $33 and $63.