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Freight rate analyst hiring summary. Here are some key points about hiring freight rate analysts in the United States:
Here's a step-by-step freight rate analyst hiring guide:
First, determine the employments status of the freight rate analyst you need to hire. Certain freight rate analyst roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
You should also consider the ideal background you'd like them a freight rate analyst 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 freight rate analyst that fits the bill.
This list presents freight rate analyst salaries for various positions.
| Type of Freight Rate Analyst | Description | Hourly rate |
|---|---|---|
| Freight Rate Analyst | Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions. | $15-46 |
| Billing Coder | A billing coder usually works at medical facilities where they are primarily in charge of gathering and analyzing patient information and billing data, translating them according to the special coding system for medical and insurance record purposes. They usually work in an office setting where they manage electronic health records, organize files, handle calls and correspondence, coordinate with different departments, and enter insurance claims into particular programs... Show more | $14-21 |
| Biller | Billers are medical professionals who are responsible for translating health care services into medical claims to be submitted to insurance companies. These billers are required to obtain patient medical records and interpret them to determine the billable units and services... Show more | $13-23 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Massachusetts | $71,517 | $34 |
| 2 | California | $70,108 | $34 |
| 3 | Texas | $67,727 | $33 |
| 4 | New York | $65,511 | $32 |
| 5 | Colorado | $55,012 | $26 |
| 6 | Georgia | $51,931 | $25 |
| 7 | Missouri | $50,686 | $24 |
| 8 | South Carolina | $49,694 | $24 |
| 9 | Oklahoma | $46,627 | $22 |
| 10 | Arkansas | $44,810 | $22 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Cass Information Systems | $79,353 | $38.15 | |
| 2 | Artco | $59,174 | $28.45 | |
| 3 | Koch Supply & Trading | $59,174 | $28.45 | |
| 4 | S&P Global | $58,915 | $28.32 | 34 |
| 5 | Hire Velocity | $58,868 | $28.30 | |
| 6 | Addison Group | $58,223 | $27.99 | |
| 7 | IntelliTrans | $58,127 | $27.95 | |
| 8 | FedEx | $56,463 | $27.15 | 37 |
| 9 | Cambridge Systematics | $54,711 | $26.30 | |
| 10 | Robert Half | $54,629 | $26.26 | 10 |
| 11 | Rheem Manufacturing | $52,127 | $25.06 | |
| 12 | RH | $47,021 | $22.61 |
A job description for a freight rate analyst role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a freight rate analyst job description:
There are various strategies that you can use to find the right freight rate analyst for your business:
Your first interview with freight rate analyst 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 have selected a candidate for the freight rate analyst 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 equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
To prepare for the new freight rate analyst 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.
Before you start to hire freight rate analysts, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire freight rate analysts pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $56,902 per year for a freight rate analyst, 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 freight rate analysts in the US typically range between $15 and $46 an hour.