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Business strategist hiring summary. Here are some key points about hiring business strategists in the United States:
Here's a step-by-step business strategist hiring guide:
A business strategist is responsible for developing strategic plans that will help improve an organization to reach its goals and targets and improve profitability. You will analyze existing business strategies and practices and provide recommendations for improvements. Other duties include developing product development and marketing strategies, providing direction and motivating staff to complete new projects and implement new tactics, and preparing presentations to clients and corporate investors. As a business strategist, you are also responsible for consulting with management and reviewing staff performance.
The business strategist 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.
A business strategist's background is also an important factor in determining whether they'll be a good fit for the position. For example, business strategists 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 strategists and their corresponding salaries.
| Type of Business Strategist | Description | Hourly rate |
|---|---|---|
| Business Strategist | Advertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members. | $15-56 |
| Marketing Lead | A marketing lead is a professional who is responsible for overseeing a team of marketing specialists to help a company achieve its marketing goals. Marketing leads are required to create and manage marketing plans so that they can deliver marketing campaigns on time and escalate issues that may prevent prompt delivery... Show more | $35-70 |
| Consultant/Marketing Director | A consultant/marketing director is responsible for conducting data and statistical analysis of the current market trends to identify opportunities that would strengthen the company's brand image on the market. Consultant/marketing directors evaluate the company's marketing techniques and determine methods to improve promotional campaigns and media presence... Show more | $37-76 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $99,703 | $48 |
| 2 | Washington | $97,190 | $47 |
| 3 | New York | $84,433 | $41 |
| 4 | Arizona | $84,361 | $41 |
| 5 | Maryland | $80,730 | $39 |
| 6 | Massachusetts | $79,041 | $38 |
| 7 | Nevada | $76,997 | $37 |
| 8 | Connecticut | $75,719 | $36 |
| 9 | Michigan | $73,382 | $35 |
| 10 | Ohio | $72,526 | $35 |
| 11 | Pennsylvania | $72,362 | $35 |
| 12 | Virginia | $72,078 | $35 |
| 13 | Delaware | $70,385 | $34 |
| 14 | North Carolina | $69,867 | $34 |
| 15 | Texas | $69,837 | $34 |
| 16 | Missouri | $69,271 | $33 |
| 17 | New Hampshire | $69,265 | $33 |
| 18 | Colorado | $67,549 | $32 |
| 19 | District of Columbia | $67,155 | $32 |
| 20 | Georgia | $66,851 | $32 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | VMware | $157,265 | $75.61 | |
| 2 | Debevoise & Plimpton | $154,590 | $74.32 | |
| 3 | $151,798 | $72.98 | 206 | |
| 4 | Intel | $142,030 | $68.28 | 17 |
| 5 | Shopkick | $137,077 | $65.90 | |
| 6 | Grant Thornton | $110,792 | $53.27 | 28 |
| 7 | Accenture | $109,595 | $52.69 | 806 |
| 8 | Amazon | $108,707 | $52.26 | 298 |
| 9 | UBS | $107,131 | $51.51 | 10 |
| 10 | Wachovia Securities | $104,334 | $50.16 | |
| 11 | Global Partners | $97,461 | $46.86 | |
| 12 | Deloitte | $96,567 | $46.43 | 234 |
| 13 | National Grid plc | $95,886 | $46.10 | |
| 14 | Palantir | $91,545 | $44.01 | 22 |
| 15 | Booz Allen Hamilton | $87,884 | $42.25 | 10 |
| 16 | Riot Games | $85,892 | $41.29 | 3 |
| 17 | Wunderman Thompson | $81,483 | $39.17 | |
| 18 | Horizon Media | $79,765 | $38.35 | 34 |
| 19 | Burns & McDonnell | $79,379 | $38.16 | 26 |
| 20 | Lord | $78,528 | $37.75 |
A business strategist 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 business strategist job description:
There are a few common ways to find business strategists for your business:
To successfully recruit business strategists, 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 decided on a perfect business strategist 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.
Once that's done, you can draft an onboarding schedule for the new business strategist. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
There are different types of costs for hiring business strategists. 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 strategist employee.
You can expect to pay around $62,796 per year for a business strategist, 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 business strategists in the US typically range between $15 and $56 an hour.