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Management scientist hiring summary. Here are some key points about hiring management scientists in the United States:
Here's a step-by-step management scientist hiring guide:
A management scientist manages molecular data. The most preferred skills of an individual who wants to become a management scientist are observation, communication, and critical thinking. They are the ones who are responsible for FDA compliance, operations research, and data analysis of an organization.
Before you start hiring a management scientist, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
A management scientist's background is also an important factor in determining whether they'll be a good fit for the position. For example, management scientists 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 management scientist salaries for various roles:
| Type of Management Scientist | Description | Hourly rate |
|---|---|---|
| Management Scientist | Medical scientists conduct research aimed at improving overall human health. They often use clinical trials and other investigative methods to reach their findings. | $25-61 |
| Fellow | A fellow's responsibility will depend on the organization or industry where one belongs. However, most of the time, a fellow's duty will revolve around conducting research and analysis, presiding discussions and attending dialogues, handle lectures while complying with the guidelines or tasks set by supervisors, and assist in various projects and activities... Show more | $22-44 |
| Research Fellow | A research fellow is an academic researcher who conducts research and analysis of comprehensive literature, data, and results and provides literature reviews. He/She supervises research assistants and recruits study participants to interview them for a particular study... Show more | $18-34 |
Including a salary range in your management scientist job description helps attract top candidates to the position. A management scientist salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a management scientist in South Carolina may be lower than in California, and an entry-level management scientist usually earns less than a senior-level management scientist. Additionally, a management scientist with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $118,529 | $57 |
| 2 | Connecticut | $93,630 | $45 |
| 3 | New Jersey | $92,811 | $45 |
| 4 | Nevada | $90,777 | $44 |
| 5 | Delaware | $79,053 | $38 |
| 6 | Massachusetts | $76,550 | $37 |
| 7 | New York | $75,383 | $36 |
| 8 | Indiana | $73,711 | $35 |
| 9 | Illinois | $73,607 | $35 |
| 10 | Arizona | $73,103 | $35 |
| 11 | Montana | $71,835 | $35 |
| 12 | Maryland | $70,371 | $34 |
| 13 | Pennsylvania | $70,073 | $34 |
| 14 | Ohio | $69,219 | $33 |
| 15 | New Hampshire | $67,129 | $32 |
| 16 | District of Columbia | $64,462 | $31 |
| 17 | Washington | $63,816 | $31 |
| 18 | Virginia | $60,363 | $29 |
| 19 | Kentucky | $58,914 | $28 |
| 20 | Missouri | $58,535 | $28 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $144,972 | $69.70 | 475 |
| 2 | Amazon | $131,997 | $63.46 | 679 |
| 3 | E*TRADE | $113,966 | $54.79 | |
| 4 | Booz Allen Hamilton | $108,978 | $52.39 | 103 |
| 5 | Bio-Rad Laboratories | $103,521 | $49.77 | 2 |
| 6 | Intellia Therapeutics | $91,673 | $44.07 | 1 |
| 7 | AURA | $89,879 | $43.21 | 2 |
| 8 | Merck | $89,318 | $42.94 | 107 |
| 9 | Kinsley Power Systems | $84,739 | $40.74 | |
| 10 | Con Edison | $83,933 | $40.35 | 1 |
| 11 | Wave Life Sciences | $83,612 | $40.20 | 2 |
| 12 | Con Edison Development | $82,930 | $39.87 | |
| 13 | Eurofins | $82,891 | $39.85 | 93 |
| 14 | General Dynamics | $81,773 | $39.31 | 46 |
| 15 | Nes Holdings | $81,612 | $39.24 | |
| 16 | Johnson & Johnson | $79,072 | $38.02 | 87 |
| 17 | Exponent | $78,919 | $37.94 | 59 |
| 18 | UPMC | $71,327 | $34.29 | 50 |
| 19 | Midwestern University | $69,700 | $33.51 | |
| 20 | State Of Montana | $41,515 | $19.96 | 7 |
A good management scientist 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 management scientist job description:
There are various strategies that you can use to find the right management scientist for your business:
During your first interview to recruit management scientists, 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 management scientist 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.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
Once that's done, you can draft an onboarding schedule for the new management scientist. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Hiring a management scientist comes with both the one-time cost per hire and ongoing costs. The cost of recruiting management scientists 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 management scientist recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $82,587 per year for a management scientist, 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 scientists in the US typically range between $25 and $61 an hour.