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Franchise manager hiring summary. Here are some key points about hiring franchise managers in the United States:
Here's a step-by-step franchise manager hiring guide:
The franchise manager will be responsible for managing and planning the franchising business of the company. They will be accountable for developing franchising opportunities and for offering constant support to franchisees to ensure the total success of the business franchisor and franchisee. They make marketing strategy opportunities for franchisors to attract newer franchisees, research potential markets, and screen potential franchisees by analyzing investment requirements and financial statements. Moreover, they also develop budget plans for franchise development and closely monitor and ensure that budgets are met.
The franchise 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.
A franchise manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, franchise 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 franchise manager salaries for various roles:
| Type of Franchise Manager | Description | Hourly rate |
|---|---|---|
| Franchise Manager | Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations. | $20-61 |
| Manager/Partner | A manager/partner or managing partner is a professional who manages the daily activities of a company as well as guides its overall strategic business direction. Managing partners must cooperate with other executives, board members, and employees to implement organizational goals, procedures, and policies... Show more | $30-67 |
| Manager | Managers are responsible for a specific department, function, or employee group. They oversee their assigned departments and all the employees under the department... Show more | $17-44 |
Including a salary range in your franchise manager job description is one of the best ways to attract top talent. A franchise manager can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $125,154 | $60 |
| 2 | New York | $118,947 | $57 |
| 3 | Virginia | $109,638 | $53 |
| 4 | District of Columbia | $105,944 | $51 |
| 5 | Washington | $104,803 | $50 |
| 6 | California | $103,312 | $50 |
| 7 | Connecticut | $98,984 | $48 |
| 8 | Massachusetts | $97,039 | $47 |
| 9 | Pennsylvania | $89,808 | $43 |
| 10 | Wisconsin | $86,472 | $42 |
| 11 | Maryland | $85,439 | $41 |
| 12 | Nevada | $83,764 | $40 |
| 13 | Ohio | $80,198 | $39 |
| 14 | North Carolina | $75,703 | $36 |
| 15 | Iowa | $75,309 | $36 |
| 16 | Colorado | $74,264 | $36 |
| 17 | Arizona | $72,788 | $35 |
| 18 | Illinois | $71,217 | $34 |
| 19 | Texas | $65,057 | $31 |
| 20 | South Carolina | $58,495 | $28 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | AstraZeneca | $131,728 | $63.33 | 1 |
| 2 | Neighborly | $122,231 | $58.76 | 3 |
| 3 | Goldman Sachs | $105,366 | $50.66 | 1 |
| 4 | The Walt Disney Company | $104,773 | $50.37 | 39 |
| 5 | Grant Thornton | $92,494 | $44.47 | 84 |
| 6 | Mastercard | $91,404 | $43.94 | 36 |
| 7 | RSM US | $91,137 | $43.82 | 60 |
| 8 | DineEquity | $82,584 | $39.70 | |
| 9 | Pwc | $79,666 | $38.30 | 1,337 |
| 10 | The Hershey Company | $69,265 | $33.30 | 2 |
| 11 | LEI Companies | $63,914 | $30.73 | |
| 12 | Lafarge North America | $62,226 | $29.92 | |
| 13 | Ameriprise Financial | $60,533 | $29.10 | 5 |
| 14 | 7-Eleven | $60,514 | $29.09 | 65 |
| 15 | Kitchen Tune-Up Franchise System | $57,524 | $27.66 | 2 |
| 16 | Paramount | $55,551 | $26.71 | 11 |
| 17 | Dunkin Brands | $46,487 | $22.35 | 396 |
| 18 | Subway | $44,535 | $21.41 | 89 |
| 19 | Wyndham Hotels & Resorts | $44,259 | $21.28 | 32 |
| 20 | MOD Pizza | $40,316 | $19.38 |
A good franchise 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 franchise manager job description:
To find franchise managers for your business, try out a few different recruiting strategies:
Your first interview with franchise 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.
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 decided on a perfect franchise 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 franchise 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.
Hiring a franchise manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting franchise managers involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of franchise manager recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $74,597 per year for a franchise 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 franchise managers in the US typically range between $20 and $61 an hour.