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How to hire a management development program

Management development program hiring summary. Here are some key points about hiring management development programs in the United States:

  • In the United States, the median cost per hire a management development program is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new management development program to become settled and show total productivity levels at work.

How to hire a management development program, step by step

To hire a management development program, you should create an ideal candidate profile, determine a budget, and post and promote your job. Here's a step-by-step guide on how to hire a management development program:

Here's a step-by-step management development program hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a management development program job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new management development program
  • Step 8: Go through the hiring process checklist

What does a management development program do?

Management Development Program Participants are fresh graduates with an opportunity to be fast-tracked to a management role. They are exposed to different departments or roles in the company to determine where they fit the most. These stints will be used to assess where they can contribute the most. Participants are given projects to hone their skills and maximize their potential. They may also be given pen and paper exams to assess their learnings. Management Development Program Participants are usually top students from reputable universities or colleges.

Learn more about the specifics of what a management development program does
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  1. Identify your hiring needs

    The management development program 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.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    You should also consider the ideal background you'd like them a management development program 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 management development program that fits the bill.

    This list presents management development program salaries for various positions.

    Type of Management Development ProgramDescriptionHourly rate
    Management Development ProgramManagement analysts, often called management consultants, propose ways to improve the efficiency of an organization. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.$14-46
    Business Analyst-ConsultantA business analyst-consultant is responsible for overseeing the project management and ensuring that the operations meet the agreed-upon project deliverables. Business analyst-consultants closely coordinate with the clients for their specifications and requirements, monitoring the resources and processes for the project completion, and aligning those to the clients' budget goals... Show more$31-58
    Business ConsultantA business consultant is a professional who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people... Show more$30-56
  2. Create an ideal candidate profile

    Common skills:
    • Customer Service
    • Management Development
    • Project Management
    • Leadership
    • SQL Server
    • C++
    • Java
    • Linux
    • HTML
    • Business Development
    • UI
    • Lean Six Sigma
    • CSS
    • Financial Management
    Check all skills
    Responsibilities:
    • Manage POS systems using Novell Netware v6.
    • Manage POS system, petty cash, deposits and sales reports.
    • Develop and release an RFP, coordinate vendor demonstrations, manage stakeholder evaluations, negotiate with select vendor.
    • Assist in HFM/FDM annual SOX audits by providing documents, data and reports to internal/external auditors.
    • Monitor ACH transactions daily for risk compliance.correspond with customers by telephone, secure email, or fax of ACH audits.
    • Support SOX testing requirements for systems that directly support external reporting.
    More management development program duties
  3. Make a budget

    Including a salary range in the management development program job description is a good way to get more applicants. A management development program 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 management development program in Nebraska may be lower than in Massachusetts, and an entry-level engineer typically earns less than a senior-level management development program. Additionally, a management development program with lots of experience in the field may command a higher salary as a result.

    Average management development program salary

    $55,218yearly

    $26.55 hourly rate

    Entry-level management development program salary
    $31,000 yearly salary
    Updated December 18, 2025

    Average management development program salary by state

    RankStateAvg. salaryHourly rate
    1Massachusetts$77,707$37
    2Connecticut$75,860$36
    3California$73,014$35
    4Maryland$72,239$35
    5New Jersey$68,709$33
    6Pennsylvania$66,716$32
    7New York$66,693$32
    8Illinois$63,738$31
    9Ohio$63,237$30
    10Washington$62,060$30
    11Virginia$61,228$29
    12Texas$57,318$28
    13Arizona$53,848$26
    14New Mexico$52,024$25
    15Louisiana$51,807$25
    16Colorado$51,549$25
    17Georgia$49,383$24
    18Indiana$48,354$23
    19Oklahoma$47,963$23
    20Florida$47,032$23

    Average management development program salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1PayPal$133,289$64.0831
    2ServiceNow$124,648$59.9323
    3AQR Capital Management$123,023$59.153
    4Microsoft$119,912$57.65120
    5BlackRock$100,657$48.3929
    68x8$88,726$42.66
    7Conrad's Tire Express & Total Car Care$88,716$42.65
    8Dassault Systèmes$85,723$41.21
    9New York Life Insurance$84,755$40.7572
    10Amedisys$75,903$36.49
    11USM Business Systems$75,737$36.4131
    12Western States Fire Protection$75,339$36.22
    13John Deere$75,315$36.21
    14Milliman$75,287$36.201
    15DXC Technology$74,846$35.987
    16Ceres$73,955$35.56
    17APi Group$73,501$35.341
    18Oldcastle Infrastructure$73,354$35.2737
    19MITRE$69,953$33.63
    20Kohler Co.$69,821$33.5713
  4. Writing a management development program job description

    A job description for a management development program 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 management development program job description:

    Management development program job description example

    Santa Clara Valley (Cupertino),California,United States

    Operations and Supply Chain

    + Looking for a sharp, high performer with a strong engineering/technical background (EE or RF preferred, but ME or IE also considered) and excellent logic skills.

    + Experience in manufacturing test equipment and/or automation design is highly preferred

    + Knowledge in data analysis (python, R, VBA, Tableau) is desirable.

    + Impeccable organizational, multi-tasking, and management skills

    + Excellent communication and influencing skills, both verbally and written

    + Willingness and ability to travel internationally up to 25%

    **Description**

    Apple's iPhone Operations CapEx Team sits at a unique intersection of manufacturing, engineering, and finance - allowing individuals broad insight into the launch of an iPhone. The Team plays a critical role in finding ways to optimize the manufacturing process by identifying and implementing better ways of designing, managing and buying the equipment used in the manufacturing of iPhones. This demanding and fast-paced role requires a broad set of skills: engineering, data, and operations knowledge to identify opportunities; working with varied teams from engineering to procurement to influence opportunities to work on; and adept and detail-oriented program management skills to see an opportunity being executed to a successful completion. A CapEx team member has the ability to bring a large benefit to Apple's bottom line. The role includes the following main duties: • Understand the technical aspects of equipment/stations in the iPhone factories to identify opportunities for cost/space optimization • Be adept with data analysis in order to identify and parse process-related opportunities. • Be a genuine relationship builder and drive cross-functional teams on consensus of the opportunities. • Know how to organize projects including schedules, teams, and motivation, and be able to think multiple steps ahead in order to mitigate project risks. • Be skilled with numbers, such as being able to calculate ROIs and budgets. • Succinctly communicate overall equipment status to the management team • Travel internationally to support early project planning and execution

    **Education & Experience**

    •Bachelors Degree, Masters or MBA are considered a plus.

    **Additional Requirements**

    + Apple is an Equal Opportunity Employer that is committed to inclusion and diversity. We also take affirmative action to offer employment and advancement opportunities to all applicants, including minorities, women, protected veterans, and individuals with disabilities. Apple will not discriminate or retaliate against applicants who inquire about, disclose, or discuss their compensation or that of other applicants.

    **Apple Footer**

    Apple is an equal opportunity employer that is committed to inclusion and diversity. We take affirmative action to ensure equal opportunity for all applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about your EEO rights as an applicant (Opens in a new window) .

    Apple will not discriminate or retaliate against applicants who inquire about, disclose, or discuss their compensation or that of other applicants. United States Department of Labor. Learn more (Opens in a new window) .

    Apple is required to comply with a COVID-19 vaccination mandate issued by the New York City Department of Health. We will verify the vaccination status of all New York City team members who are working at an Apple Store, office, or partner store in New York City. New York City Department of Health Learn more (Opens in a new window) .

    Apple will consider for employment all qualified applicants with criminal histories in a manner consistent with applicable law. If you're applying for a position in San Francisco, review the San Francisco Fair Chance Ordinance guidelines (opens in a new window) applicable in your area.

    Apple participates in the E-Verify program in certain locations as required by law. Learn more about the E-Verify program (Opens in a new window) .

    Apple is committed to working with and providing reasonable accommodation to applicants with physical and mental disabilities. Apple is a drug-free workplace. Reasonable Accommodation and Drug Free Workplace policy Learn more (Opens in a new window) .
  5. Post your job

    There are a few common ways to find management development programs for your business:

    • Promoting internally or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to meet candidates with the right educational background.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.
    Post your job online:
    • Post your management development program job on Zippia to find and recruit management development program candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit management development programs, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

    You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new management development program

    Once you have selected a candidate for the management development program 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 employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
    Sign up to download full list

How much does it cost to hire a management development program?

Before you start to hire management development programs, 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 management development programs 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 $55,218 per year for a management development program, 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 management development programs in the US typically range between $14 and $46 an hour.

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