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Category manager hiring summary. Here are some key points about hiring category managers in the United States:
Here's a step-by-step category manager hiring guide:
Category managers are usually employed in the retail industry. They are primarily responsible for the sales enhancement of a specific group of products. The managers are involved in pricing, marketing, inventory, and vendor management. Their daily tasks include meeting with suppliers to talk about the plans, conducting orientation to the market research company, and updating category reports. Qualified applicants must have a degree in business administration or a related field as well as relevant job experience in a related job.
Before you start hiring a category manager, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
A category manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, category 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.
Here's a comparison of category manager salaries for various roles:
| Type of Category Manager | Description | Hourly rate |
|---|---|---|
| Category Manager | 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. | $35-66 |
| Business Development Manager | A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client... Show more | $32-72 |
| 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 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $128,152 | $62 |
| 2 | Rhode Island | $118,613 | $57 |
| 3 | Washington | $114,522 | $55 |
| 4 | Oregon | $106,971 | $51 |
| 5 | New York | $105,797 | $51 |
| 6 | Massachusetts | $104,884 | $50 |
| 7 | Maryland | $100,407 | $48 |
| 8 | Pennsylvania | $93,925 | $45 |
| 9 | Virginia | $93,635 | $45 |
| 10 | Ohio | $93,460 | $45 |
| 11 | District of Columbia | $93,308 | $45 |
| 12 | Arizona | $93,287 | $45 |
| 13 | Texas | $92,709 | $45 |
| 14 | Wisconsin | $92,348 | $44 |
| 15 | Indiana | $91,633 | $44 |
| 16 | Illinois | $91,367 | $44 |
| 17 | North Carolina | $91,312 | $44 |
| 18 | Minnesota | $89,099 | $43 |
| 19 | Georgia | $88,997 | $43 |
| 20 | Kentucky | $86,980 | $42 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | McKinsey & Company Inc | $141,781 | $68.16 | 9 |
| 2 | DoorDash | $138,133 | $66.41 | 101 |
| 3 | BP America Inc | $135,055 | $64.93 | |
| 4 | Chewy | $129,091 | $62.06 | 13 |
| 5 | CrowdStrike | $128,201 | $61.64 | 28 |
| 6 | Amazon | $127,485 | $61.29 | 928 |
| 7 | Microsoft | $126,641 | $60.89 | 223 |
| 8 | The Walt Disney Company | $126,467 | $60.80 | 96 |
| 9 | Chevron | $125,786 | $60.47 | |
| 10 | FUJIFILM Diosynth Biotechnologies | $124,763 | $59.98 | 3 |
| 11 | Novartis | $124,041 | $59.64 | 1 |
| 12 | AbbVie | $122,770 | $59.02 | 135 |
| 13 | American Tower | $122,324 | $58.81 | 3 |
| 14 | Adobe | $120,466 | $57.92 | 80 |
| 15 | NetApp | $120,462 | $57.91 | 27 |
| 16 | Michaels Stores | $119,536 | $57.47 | 7 |
| 17 | Gap Inc. | $119,436 | $57.42 | |
| 18 | CDW | $118,901 | $57.16 | 25 |
| 19 | Koch Industries | $118,408 | $56.93 | |
| 20 | Citrix | $117,921 | $56.69 | 2 |
A good category manager 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 category manager job description:
To find category managers for your business, try out a few different recruiting strategies:
Recruiting category managers requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates 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 selected the best category manager candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
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 category 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.
Recruiting category 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 category managers is $102,035 in the US. However, the cost of category manager hiring can vary a lot depending on location. Additionally, hiring a category manager for contract work or on a per-project basis typically costs between $35 and $66 an hour.