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Development vice president hiring summary. Here are some key points about hiring development vice presidents in the United States:
Here's a step-by-step development vice president hiring guide:
A development vice president is in charge of overseeing the operations in a company, ensuring a smooth workflow and efficient workforce. Their responsibilities revolve around creating strategies to develop optimal procedures and services, setting goals and sales targets, identifying the strengths and weaknesses of operations to spearhead improvements, coordinating with analysts and marketing experts to assess the market and consumer needs, and monitoring the progress of different projects. Furthermore, as a development vice president, it is essential to implement the policies and regulations, creating new ones as needed.
Before you post your development vice president job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a development vice president for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them a development vice president 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 development vice president that fits the bill.
The following list breaks down different types of development vice presidents and their corresponding salaries.
Type Of Development Vice President | Description | Hourly Rate |
---|---|---|
Development Vice President | Training and development managers plan, direct, and coordinate programs to enhance the knowledge and skills of an organization’s employees. They also oversee a staff of training and development specialists. | $49-112 |
National Director | A national director is responsible for designing, developing, and implementing strategic plans for an organization. As the national director, you are expected to oversee the organization's day-to-day operations that include developing business plans and managing departments and staff... Show More | $32-97 |
Director Of Marketing & Development | A director of marketing development is a management professional who is responsible for improving the marketing scheme of an organization while discovering ways to obtain new customers. This director is required to lead a team of marketers and work with other departments to make the organization's marketing plans become a reality... Show More | $28-77 |
Including a salary range in the development vice president job description is a good way to get more applicants. A development vice president salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a development vice president in South Carolina may be lower than in Oregon, and an entry-level engineer typically earns less than a senior-level development vice president. Additionally, a development vice president with lots of experience in the field may command a higher salary as a result.
Rank | State | Avg. Salary | Hourly Rate |
---|---|---|---|
1 | Oregon | $187,894 | $90 |
2 | California | $186,547 | $90 |
3 | Maryland | $174,678 | $84 |
4 | Massachusetts | $168,467 | $81 |
5 | Nevada | $162,129 | $78 |
6 | Virginia | $160,779 | $77 |
7 | Washington | $157,812 | $76 |
8 | New York | $156,832 | $75 |
9 | New Jersey | $155,867 | $75 |
10 | Delaware | $155,823 | $75 |
11 | Connecticut | $154,311 | $74 |
12 | Colorado | $147,012 | $71 |
13 | Texas | $146,620 | $70 |
14 | District of Columbia | $145,562 | $70 |
15 | Illinois | $144,137 | $69 |
16 | Utah | $143,963 | $69 |
17 | North Carolina | $141,114 | $68 |
18 | Ohio | $136,557 | $66 |
19 | Oklahoma | $134,119 | $64 |
20 | Florida | $131,167 | $63 |
Rank | Company | Average Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
1 | Mall of America | $232,000 | $111.54 | |
2 | Federal Reserve | $198,570 | $95.47 | |
3 | IAVI | $193,569 | $93.06 | |
4 | Appalachian Regional Healthcare | $190,645 | $91.66 | 3 |
5 | Vertex Pharmaceuticals | $188,135 | $90.45 | 6 |
6 | Regeneron | $184,903 | $88.90 | 4 |
7 | Nicklaus Children's Hospital | $184,316 | $88.61 | 1 |
8 | The Walt Disney Company | $181,746 | $87.38 | 25 |
9 | Christiana Care Health Services, Inc. | $181,178 | $87.10 | 2 |
10 | BCW Global | $179,288 | $86.20 | |
11 | The Howard Hughes | $178,589 | $85.86 | 1 |
12 | Federal Reserve Bank | $177,904 | $85.53 | 12 |
13 | Walmart | $177,375 | $85.28 | 65 |
14 | Condé Nast | $176,637 | $84.92 | 2 |
15 | Elmington | $176,537 | $84.87 | |
16 | Moderna | $174,528 | $83.91 | 2 |
17 | Live Action | $173,101 | $83.22 | |
18 | Exelixis | $173,079 | $83.21 | 5 |
19 | L'Oréal | $172,898 | $83.12 | 18 |
20 | Expedia Group | $172,330 | $82.85 | 21 |
A good development vice president 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 development vice president job description:
To find development vice presidents for your business, try out a few different recruiting strategies:
During your first interview to recruit development vice presidents, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
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 have selected a candidate for the development vice president position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize 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.
To prepare for the new development vice president 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.
Recruiting development vice presidents 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.
You can expect to pay around $156,085 per year for a development vice president, 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 development vice presidents in the US typically range between $49 and $112 an hour.