Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Clinical product manager hiring summary. Here are some key points about hiring clinical product managers in the United States:
Here's a step-by-step clinical product manager hiring guide:
Clinical product managers keep up with the market's never-ending need to turn them into product development opportunities by regular communication. These managers work on developing, implementing, testing, and sales with field engineering experts to publicize products and their new features. To hone their leadership and product operation skills, they undergo content writing training and realistic product management training. They consult with product managers to review product designs and clinical planning to maintain support for the products as they go through the product life cycle.
Before you start hiring a clinical product 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 clinical product manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, clinical product 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 clinical product manager salaries for various roles:
| Type of Clinical Product Manager | Description | Hourly rate |
|---|---|---|
| Clinical Product 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. | $35-70 |
| 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 |
| Product Director | The duties of a product director depend on one's place or industry of employment. Typically, their responsibilities revolve around overseeing the product development operations to ensure smooth flow and efficiency, devise strategies to improve processes, gather relevant data such as sales and customer feedback, and coordinate with different departments in developing new products and services... Show more | $50-101 |
Including a salary range in your clinical product manager job description is one of the best ways to attract top talent. A clinical product manager can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $135,890 | $65 |
| 2 | Pennsylvania | $122,824 | $59 |
| 3 | New York | $122,617 | $59 |
| 4 | Utah | $98,200 | $47 |
| 5 | Colorado | $95,986 | $46 |
| 6 | Missouri | $94,514 | $45 |
| 7 | Texas | $93,288 | $45 |
| 8 | Massachusetts | $89,228 | $43 |
| 9 | Michigan | $84,805 | $41 |
| 10 | Minnesota | $82,716 | $40 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Intuitive Surgical | $129,851 | $62.43 | 32 |
| 2 | Yoh | $123,248 | $59.25 | |
| 3 | Cepheid | $119,187 | $57.30 | |
| 4 | PulsePoint | $117,637 | $56.56 | 1 |
| 5 | Saama Technologies Inc. | $115,889 | $55.72 | 1 |
| 6 | TechDigital | $115,726 | $55.64 | |
| 7 | Agilent Technologies | $112,982 | $54.32 | 10 |
| 8 | Arthrex | $112,315 | $54.00 | 17 |
| 9 | Takeda Pharmaceuticals U.S.A., Inc. | $111,863 | $53.78 | 27 |
| 10 | eMDs | $111,334 | $53.53 | 4 |
| 11 | RAND | $110,655 | $53.20 | |
| 12 | RELX | $110,605 | $53.18 | 62 |
| 13 | Flatiron Health | $110,034 | $52.90 | 1 |
| 14 | Omnicell | $105,434 | $50.69 | 17 |
| 15 | Optum | $104,927 | $50.45 | 10 |
| 16 | Philips | $104,562 | $50.27 | 14 |
| 17 | PerkinElmer | $103,184 | $49.61 | 2 |
| 18 | BD | $101,433 | $48.77 | 10 |
| 19 | Boston Scientific | $100,723 | $48.42 | 72 |
| 20 | M2S | $99,090 | $47.64 |
A clinical product 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. Below, you can find an example of a clinical product manager job description:
To find clinical product managers for your business, try out a few different recruiting strategies:
To successfully recruit clinical product managers, 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 selected the best clinical product 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.
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.
Once that's done, you can draft an onboarding schedule for the new clinical product manager. 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 clinical product managers. 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 clinical product manager employee.
Clinical product managers earn a median yearly salary is $104,486 a year in the US. However, if you're looking to find clinical product managers for hire on a contract or per-project basis, hourly rates typically range between $35 and $70.