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Negotiator hiring summary. Here are some key points about hiring negotiators in the United States:
Here's a step-by-step negotiator hiring guide:
A Negotiator is primarily in charge of communicating with clients and business partners to negotiate and establish sales, building positive relationships in the process. They typically perform market research and analysis to develop plans and sales pitches, coordinate with the company's legal team, arrange appointments with clients to discuss contract terms, and address issues and concerns, resolving them promptly and efficiently. Moreover, a negotiator maintains an active communication line with staff, regularly reporting to managers for a smooth and efficient workflow.
Before you post your negotiator 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 negotiator for hire on a part-time basis or as a contractor.
Hiring the perfect negotiator also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
The following list breaks down different types of negotiators and their corresponding salaries.
| Type of Negotiator | Description | Hourly rate |
|---|---|---|
| Negotiator | $16-54 | |
| Business Development Internship | A business development intern is responsible for supporting the organization's goals and objectives in providing the best services to clients and ensuring a smooth flow of operations with maximum productivity and efficiency. Business development interns observe the operational processes of the department and perform duties under the supervision of a direct manager or tenured staff... Show more | $12-20 |
| Business Internship | In a business internship, the responsibilities will vary by the directives given by the supervising staff. However, one of the primary duties as an intern is to perform support-related tasks for the department or office where they are assigned... Show more | $12-21 |
Including a salary range in your negotiator job description is one of the best ways to attract top talent. A negotiator can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $119,723 | $58 |
| 2 | Connecticut | $111,470 | $54 |
| 3 | New Jersey | $111,064 | $53 |
| 4 | Massachusetts | $103,739 | $50 |
| 5 | Pennsylvania | $95,941 | $46 |
| 6 | West Virginia | $93,686 | $45 |
| 7 | North Carolina | $91,079 | $44 |
| 8 | California | $88,829 | $43 |
| 9 | Texas | $79,249 | $38 |
| 10 | Illinois | $76,894 | $37 |
| 11 | Georgia | $73,264 | $35 |
| 12 | Washington | $67,991 | $33 |
| 13 | Florida | $67,136 | $32 |
| 14 | Alabama | $62,123 | $30 |
| 15 | Arizona | $59,590 | $29 |
| 16 | Minnesota | $48,284 | $23 |
| 17 | Iowa | $46,089 | $22 |
| 18 | Colorado | $45,506 | $22 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Bloomberg | $151,320 | $72.75 | 3 |
| 2 | BP America Inc | $143,142 | $68.82 | |
| 3 | $119,284 | $57.35 | 36 | |
| 4 | Morgan Stanley | $115,737 | $55.64 | 5 |
| 5 | Nomura Securities | $97,945 | $47.09 | |
| 6 | Omnicom Media Group | $96,680 | $46.48 | 1 |
| 7 | B & P Enterprises | $96,655 | $46.47 | |
| 8 | Occidental Petroleum | $95,707 | $46.01 | |
| 9 | HCSC | $93,477 | $44.94 | |
| 10 | City of Seattle | $92,432 | $44.44 | |
| 11 | City of Louisville | $89,709 | $43.13 | |
| 12 | GroupM | $85,943 | $41.32 | |
| 13 | West Virginia University | $84,850 | $40.79 | |
| 14 | Wpp Us Holdings Inc | $83,757 | $40.27 | 3 |
| 15 | Zenith | $82,786 | $39.80 | |
| 16 | BayCare Health System | $81,075 | $38.98 | 1 |
| 17 | Blue Cross & Blue Shield | $78,542 | $37.76 | |
| 18 | ConocoPhillips | $78,538 | $37.76 | 2 |
| 19 | Purple Land Management | $77,851 | $37.43 | |
| 20 | ForwardPMX | $76,423 | $36.74 |
A negotiator 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 negotiator job description:
To find the right negotiator for your business, consider trying out a few different recruiting strategies:
Recruiting negotiators requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
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've found the negotiator candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
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 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.
There are different types of costs for hiring negotiators. 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 negotiator employee.
You can expect to pay around $63,632 per year for a negotiator, 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 negotiators in the US typically range between $16 and $54 an hour.