Research Summary. Here are some key points about hiring contract project managers in the United States:
There are different types of costs for hiring contract project 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 contract project manager employee.
You can expect to pay around $81,263 per year for a contract project manager, 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 contract project managers in the US typically range between $25 and $59 an hour.
To hire a contract project manager, you should clearly understand the skills and experience you are looking for in a candidate, and allocate a budget for the position. You will also need to post and promote the job opening to reach potential candidates. Here's a step-by-step guide on how to hire a contract project manager:
Before you get started with hiring a contract project 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.
Hiring the perfect contract project manager also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires, and what kind of salary such a candidate would likely demand.
Here's a comparison of the average salaries of common contract project manager roles:
|Type Of Contract Project Manager||Description||Hourly Rate|
|Contract Project Manager||Construction managers plan, coordinate, budget, and supervise construction projects from start to finish.||$25-59|
|Business Analyst/Project Manager||A business analyst/project manager is responsible for developing project management procedures, analyzing processes, and ensuring the accuracy and efficiency of project deliverables, following clients' specifications and requirements to meet their highest satisfaction. Business analysts/project managers manage project resources, delegate tasks to project staff, setting deadlines, and coordinating with the clients for regular updates and suggest strategic adjustments as needed... Show More||$34-65|
|Project Manager/Team Lead||Project Managers are responsible for managing and overseeing the operations of a project from inception to completion. Their duties include defining project scope, developing a project plan, creating work breakdown structures to distribute resources, and communicating responsibilities to all project team members and vendors... Show More||$39-66|
Before you draft a contract project manager job description, imagine the ideal employee for the role and begin creating a profile. What are they proficient in and what sort of background do they have?
Contract project managers typically have the following skills:
Here is a list of common responsibilities that contract project managers may be expected to fulfill:
Beyond the basics, you should also consider how well a candidate fits into your company culture. In other words, you should think about how your ideal contract project manager will live by the company's mission statement and contribute to the team dynamic you already have in place.
|Rank #||State||# Of Jobs||% of Population||Avg. Salary|
Including a salary range in the job description can help attract top candidates to the position. A contract project manager salary can be affected by several factors, such as the location of the job, the level of experience and seniority of the candidate, any certifications they may hold, and the prestige of the company they will be working for. For example, the average salary for a contract project manager in Florida may be lower than in Massachusetts, and an entry-level contract project manager may earn less than a senior-level contract project manager. Additionally, a contract project manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
|Rank||State||Avg. Salary||Hourly Rate||Job Count|
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|7||Veolia Water Tech||$94,380||$45.38||36|
|9||Water Town Usa||$91,624||$44.05|
|12||Randstad North America, Inc.||$89,955||$43.25||207|
|16||The Building People||$86,478||$41.58||78|
|19||Veolia Environmental Services North America||$85,469||$41.09||27|
|20||Turner & Townsend||$84,559||$40.65||71|
A contract project 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 contract project manager job description:
There are a few common ways to find contract project managers for your business:
Post your job online:
Recruiting contract project managers involves bringing your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they introduce 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.
Don't forget to include a few questions that give a candidate chance to expand on their strengths in their own words. Asking about their special skills might reveal things you'd miss otherwise. At this point, candidates who are good enough 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 contract project manager candidate, it's time to write an offer letter. In addition to salary, it should also include details such as 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.
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 contract project 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.