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How to hire a manager, corporate development

Manager, corporate development hiring summary. Here are some key points about hiring managers, corporate development in the United States:

  • In the United States, the median cost per hire a manager, corporate development 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 manager, corporate development to become settled and show total productivity levels at work.

How to hire a manager, corporate development, step by step

To hire a manager, corporate development, you should clearly understand the skills and experience you are looking for in a candidate, and allocate a budget for the position. You will also need to post and promote the job opening to reach potential candidates. Here's a step-by-step guide on how to hire a manager, corporate development:

Here's a step-by-step manager, corporate development hiring guide:

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

What does a manager, corporate development do?

A corporate development manager is responsible for planning and executing project management techniques to enhance business performance and improve financial stability. Corporate development managers identify business opportunities that would generate more revenue resources for the business and establish client partnerships. They also handle the budget for corporate operations, including events, programs, and media presence. A corporate development manager must have excellent communication and leadership skills to address the team's needs and concerns to maximize their efficiency and productivity.

Learn more about the specifics of what a manager, corporate development does
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  1. Identify your hiring needs

    Before you post your manager, corporate development 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 manager, corporate development for hire on a part-time basis or as a contractor.

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

    A manager, corporate development's background is also an important factor in determining whether they'll be a good fit for the position. For example, managers, corporate development 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.

    The following list breaks down different types of managers, corporate development and their corresponding salaries.

    Type of Manager, Corporate DevelopmentDescriptionHourly rate
    Manager, Corporate DevelopmentAdvertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members.$46-87
    Category ManagerCategory managers are usually employed in the retail industry. They are primarily responsible for the sales enhancement of a specific group of products... Show more$35-66
    Product ManagerA product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments... Show more$38-73
  2. Create an ideal candidate profile

    Common skills:
    • Corporate Development
    • Project Management
    • Financial Models
    • PowerPoint
    • Financial Analysis
    • Business Development
    • Corporate Strategy
    • Discounted Cash Flow
    • Market Research
    • Due Diligence
    • Mergers
    • Strategic Partnerships
    • DCF
    • HR
    Check all skills
    Responsibilities:
    • Lead restructuring/divestiture analysis of underperforming and strategically challenge traditional and digital business units helping to dramatically decrease EBITDA and market declines.
    • Lead central team summarizing and prioritizing all DOD opportunities, enabling more efficient and effective resource allocation across several program departments.
    • Recruit by CFO to develop and implement growth strategy for a publicly-trade healthcare technology, software and services company.
    • Key markets include commercial office, healthcare, industrial, retail, residential, institutional, aviation and business services.
    • Provide oversight and direction on domestic and international projects impacting commercial markets, including conducting competitive assessments base on project results.
    • Promote to newly create leadership role for strategy, CRM, and direct and interactive marketing.
    More manager, corporate development duties
  3. Make a budget

    Including a salary range in your manager, corporate development job description is a great way to entice the best and brightest candidates. A manager, corporate development salary can vary based on several factors:
    • Location. For example, managers, corporate development' average salary in nebraska is 36% less than in new jersey.
    • Seniority. Entry-level managers, corporate development earn 46% less than senior-level managers, corporate development.
    • Certifications. A manager, corporate development with a few certifications under their belt will likely demand a higher salary.
    • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a manager, corporate development's salary.

    Average manager, corporate development salary

    $132,983yearly

    $63.93 hourly rate

    Entry-level manager, corporate development salary
    $97,000 yearly salary
    Updated December 27, 2025

    Average manager, corporate development salary by state

    RankStateAvg. salaryHourly rate
    1New Jersey$152,050$73
    2California$149,273$72
    3Washington$137,944$66
    4New York$137,931$66
    5Massachusetts$132,953$64
    6Minnesota$132,385$64
    7Maryland$124,031$60
    8Arizona$123,908$60
    9Connecticut$123,868$60
    10Virginia$122,607$59
    11Florida$121,179$58
    12District of Columbia$120,030$58
    13Wisconsin$118,838$57
    14North Carolina$118,257$57
    15Texas$116,681$56
    16Georgia$116,473$56
    17Ohio$113,481$55
    18Illinois$111,799$54
    19Utah$110,685$53
    20Colorado$109,759$53

    Average manager, corporate development salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Ropes & Gray$174,615$83.9513
    2Discovery$168,574$81.05
    3Meta$168,502$81.01239
    4Waymo$163,680$78.6926
    5Dolby Laboratories$162,584$78.17
    6Bain & Company$162,529$78.1410
    7Google$159,894$76.87107
    8Duolingo$157,930$75.93
    9Nasdaq$157,201$75.582
    10Ford Motor$153,665$73.88110
    11The Apollo Group$153,100$73.61
    12VMware$153,039$73.58
    13Ulta Beauty$152,364$73.251
    14CME Group$152,050$73.104
    15PVH$151,487$72.833
    16ViacomCBS$149,886$72.06
    17ENERGY RECOVERY, INC.$147,386$70.86
    18Chewy$147,173$70.764
    19DocuSign$146,955$70.655
    20Molina Healthcare$146,292$70.33351
  4. Writing a manager, corporate development job description

    A manager, corporate development job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a manager, corporate development job description:

    Manager, corporate development job description example

    At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

    Cadence is looking for an experienced Sr. Manager to join our Corporate Development team. Cadence's Corporate Development team is responsible for driving overall company strategy and evaluation / execution of highly visible key M&A and strategic initiatives. Our group partners with executive management and business group leaders to (1) identify strategic growth opportunities for Cadence (2) source and evaluate inorganic strategies to drive these opportunities and (3) manage the execution and integration process of any transactions.
    Key Responsibilities:

    + Develop perspectives on technology trends/competitive landscape to support existing or expand upon inorganic strategy on an ongoing basis

    + Support evaluation of potential targets and develop thoughtful business cases to be presented to executive management for alignment and approval

    + Manage day to day transaction processes, assist in deal structuring and contract negotiation for M&A deals

    + Manage cross-functional teams and drive due diligence during deal processes with a hands-on, team-oriented approach

    + Manage and drive integration processes post acquisition to ensure deal success metrics are achieved

    + Making presentations to executive management and business group leaders

    Education and/or Experience:

    + BA / BS degree from a leading academic institution; MBA or other advanced degree is a strong plus

    + 5+ years of professional work experience, in corporate development, investment banking, private equity / VC - preferably in software fields

    + Excellent financial analysis and valuation skills, including understanding of M&A analysis and corporate finance

    + The successful candidate will communicate clearly and concisely, have strong interpersonal skills, and demonstrate credibility, integrity and trustworthiness in highly confidential situations

    #LI-SK1

    We're doing work that matters. Help us solve what others can't.

    Cadence is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, basis of disability, or any other protected class.
  5. Post your job

    There are various strategies that you can use to find the right manager, corporate development for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    Post your job online:
    • Post your manager, corporate development job on Zippia to find and recruit manager, corporate development candidates who meet your exact specifications.
    • Use field-specific websites such as swipe files, exit five, marketinghire, american marketing association.
    • Post a job on free websites.
  6. Interview candidates

    During your first interview to recruit managers, corporate development, 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.

  7. Send a job offer and onboard your new manager, corporate development

    Once you have selected a candidate for the manager, corporate development 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 good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

    To prepare for the new manager, corporate development 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.

  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.)
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How much does it cost to hire a manager, corporate development?

There are different types of costs for hiring managers, corporate development. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new manager, corporate development employee.

You can expect to pay around $132,983 per year for a manager, corporate development, 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 managers, corporate development in the US typically range between $46 and $87 an hour.

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