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Material analyst hiring summary. Here are some key points about hiring material analysts in the United States:
Here's a step-by-step material analyst hiring guide:
A materials analyst is responsible for managing the assets and materials of an organization, ensuring the adequacy of office inventories to support business operational functions. Materials analysts identify cost-reduction materials by coordinating with trusted suppliers and third-party vendors. They handle the distribution of goods and order processes according to the company's supply chain management. A materials analyst must have excellent organizational and analytical skills, especially in conducting data and statistical analysis to obtain high-quality materials that would meet the customers' demands.
The material analyst 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.
You should also consider the ideal background you'd like them a material 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 material analyst that fits the bill.
This list presents material analyst salaries for various positions.
| Type of Material Analyst | Description | Hourly rate |
|---|---|---|
| Material Analyst | Buyers and purchasing agents buy products and services for organizations to use or resell. They evaluate suppliers, negotiate contracts, and review the quality of products. | $23-42 |
| Supply Chain Coordinator | A supply chain coordinator is a professional who is responsible for managing inventory and supply sources to support a company's manufacturing and anticipated demand. Supply chain coordinators must assist in the purchase of materials and services and follow-up with vendors to ensure that the purchase orders have the correct price, freight charge, and delivery date... Show more | $15-36 |
| Contracts Administrator | Contract administrators create and manage legal contracts from which the company participates. They ensure that all entities to the contract will accomplish their obligations, as indicated in the contract... Show more | $16-37 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $91,587 | $44 |
| 2 | New Jersey | $71,389 | $34 |
| 3 | New York | $64,497 | $31 |
| 4 | Utah | $63,384 | $30 |
| 5 | Illinois | $62,410 | $30 |
| 6 | Colorado | $61,396 | $30 |
| 7 | Minnesota | $59,009 | $28 |
| 8 | Ohio | $58,685 | $28 |
| 9 | Georgia | $58,304 | $28 |
| 10 | North Carolina | $57,409 | $28 |
| 11 | Michigan | $57,292 | $28 |
| 12 | Kansas | $57,229 | $28 |
| 13 | Texas | $55,415 | $27 |
| 14 | Iowa | $51,891 | $25 |
| 15 | Nebraska | $51,454 | $25 |
| 16 | Tennessee | $51,159 | $25 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Micron Technology | $86,576 | $41.62 | 2 |
| 2 | Rivian | $85,247 | $40.98 | 1 |
| 3 | Navistar | $83,462 | $40.13 | 4 |
| 4 | Skyworks Solutions | $82,433 | $39.63 | 3 |
| 5 | Solectron Corp | $79,708 | $38.32 | 18 |
| 6 | VF | $79,280 | $38.12 | 6 |
| 7 | Univar | $79,272 | $38.11 | 13 |
| 8 | U.S. Cellular | $78,736 | $37.85 | |
| 9 | Caterpillar | $78,722 | $37.85 | 19 |
| 10 | IM Flash Technologies | $78,213 | $37.60 | |
| 11 | Air Products | $76,138 | $36.60 | |
| 12 | Magna International | $75,729 | $36.41 | 26 |
| 13 | Benchmark Electronics | $73,935 | $35.55 | 5 |
| 14 | Levi Strauss & Co. | $73,593 | $35.38 | 2 |
| 15 | Quest Global | $73,395 | $35.29 | |
| 16 | International Trucks | $71,972 | $34.60 | |
| 17 | CoorsTek | $71,271 | $34.26 | 2 |
| 18 | Delphi Holdings, LLC | $71,189 | $34.23 | |
| 19 | MKS Instruments | $71,011 | $34.14 | |
| 20 | Aerojet Rocketdyne | $70,874 | $34.07 |
A job description for a material 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 material analyst job description:
There are a few common ways to find material analysts for your business:
To successfully recruit material analysts, 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.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you 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 selected the best material analyst candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing 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.
Recruiting material analysts involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $66,092 per year for a material 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 material analysts in the US typically range between $23 and $42 an hour.