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Corporate project manager hiring summary. Here are some key points about hiring corporate project managers in the United States:
Here's a step-by-step corporate project manager hiring guide:
Corporate project managers are management professionals who are responsible for managing staff members to perform various tasks related to completing specific projects for a corporate company to ensure on-time completion. These managers must manage project teams so that they can use the corporate project management processes and tools. They are required to perform tasks related to site management, such as construction management, safety compliance, and reporting. Corporate project managers must also follow the generally accepted accounting principles (GAAP) to report monthly financial statements while discussing financial issues with the management.
The corporate project manager 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.
You should also consider the ideal background you'd like them a corporate project manager to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a corporate project manager that fits the bill.
Here's a comparison of corporate project manager salaries for various roles:
| Type of Corporate Project Manager | Description | Hourly rate |
|---|---|---|
| Corporate Project Manager | $35-59 | |
| 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 |
| Project Manager & Leader | A project manager leader is responsible for monitoring the overall project management and staff operations, ensuring the efficiency and accuracy of project deliverables to meet the client's requirements, and achieving the highest customer satisfaction. Project managers/leaders implement strategic procedures to minimize costs while maximizing operational productivity... Show more | $35-66 |
Including a salary range in your corporate project manager job description is one of the best ways to attract top talent. A corporate project manager can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $127,609 | $61 |
| 2 | Washington | $115,763 | $56 |
| 3 | Montana | $110,315 | $53 |
| 4 | Maryland | $109,656 | $53 |
| 5 | Texas | $106,154 | $51 |
| 6 | Virginia | $105,056 | $51 |
| 7 | Georgia | $101,767 | $49 |
| 8 | Delaware | $101,667 | $49 |
| 9 | New Jersey | $100,565 | $48 |
| 10 | Massachusetts | $97,185 | $47 |
| 11 | Oregon | $94,449 | $45 |
| 12 | District of Columbia | $93,137 | $45 |
| 13 | Wisconsin | $93,050 | $45 |
| 14 | Pennsylvania | $91,940 | $44 |
| 15 | South Dakota | $88,625 | $43 |
| 16 | Louisiana | $87,857 | $42 |
| 17 | Minnesota | $87,136 | $42 |
| 18 | Colorado | $86,883 | $42 |
| 19 | North Carolina | $86,253 | $41 |
| 20 | New York | $85,754 | $41 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | BNY Mellon | $102,409 | $49.24 | 10 |
| 2 | Northern Trust | $101,373 | $48.74 | 4 |
| 3 | Morgan Stanley | $98,536 | $47.37 | 54 |
| 4 | Universal Weather and Aviation | $98,309 | $47.26 | |
| 5 | J.P. Morgan | $98,074 | $47.15 | |
| 6 | Lenovo | $96,807 | $46.54 | 4 |
| 7 | NetJets | $95,668 | $45.99 | 2 |
| 8 | Holtec International | $95,550 | $45.94 | 4 |
| 9 | Verizon Communications | $95,282 | $45.81 | 1 |
| 10 | HP | $95,005 | $45.68 | 9 |
| 11 | Magna International | $93,692 | $45.04 | 8 |
| 12 | Sysco | $93,032 | $44.73 | 6 |
| 13 | Torc Robotics | $92,902 | $44.66 | |
| 14 | Randstad North America, Inc. | $92,626 | $44.53 | 7 |
| 15 | The Jonus Group | $91,925 | $44.19 | 2 |
| 16 | Ferrotec | $91,774 | $44.12 | |
| 17 | Micron Technology | $91,637 | $44.06 | 8 |
| 18 | JLL | $91,514 | $44.00 | 114 |
| 19 | Florida Crystals | $91,430 | $43.96 | |
| 20 | ASR | $91,321 | $43.90 | 4 |
A corporate 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 corporate project manager job description:
To find corporate project managers for your business, try out a few different recruiting strategies:
Your first interview with corporate project manager candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
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 corporate project manager 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 important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new corporate project manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
There are different types of costs for hiring corporate 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 corporate project manager employee.
Corporate project managers earn a median yearly salary is $95,331 a year in the US. However, if you're looking to find corporate project managers for hire on a contract or per-project basis, hourly rates typically range between $35 and $59.