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Pricing associate hiring summary. Here are some key points about hiring pricing associates in the United States:
Here's a step-by-step pricing associate hiring guide:
A pricing associate works at retail stores where they are in charge of ensuring accurate product pricing. Although they focus on pricing items, they also perform a variety of tasks such as labeling products, arranging shelves, monitoring inventory, and maintaining the cleanliness of the sales floor. They are also instances where they must assist customers by answering inquiries, offering suggestions, and locating products, ensuring client satisfaction. Moreover, a pricing associate must handle merchandise documentation and update records as needed.
Before you post your pricing associate 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 pricing associate for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them a pricing associate 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 pricing associate that fits the bill.
This list presents pricing associate salaries for various positions.
| Type of Pricing Associate | Description | Hourly rate |
|---|---|---|
| Pricing Associate | Retail sales workers include both those who sell retail merchandise, such as clothing, furniture, and automobiles, (called retail salespersons) and those who sell spare and replacement parts and equipment, especially car parts (called parts salespersons). Both types of workers help customers find the products they want and process customers’ payments. | $15-45 |
| Pricing Coordinator | A pricing coordinator is responsible for conducting data and statistical analysis to determine the appropriate pricing plans according to market conditions and public demands. Pricing coordinators analyze financial and business reports to identify pricing techniques that would minimize the company's loss and maximize profits reasonably... Show more | $14-25 |
Including a salary range in your pricing associate job description is one of the best ways to attract top talent. A pricing associate can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $77,159 | $37 |
| 2 | New York | $75,121 | $36 |
| 3 | Maryland | $68,647 | $33 |
| 4 | Massachusetts | $68,412 | $33 |
| 5 | New Jersey | $63,173 | $30 |
| 6 | Virginia | $61,047 | $29 |
| 7 | Louisiana | $60,402 | $29 |
| 8 | Minnesota | $58,455 | $28 |
| 9 | North Carolina | $55,957 | $27 |
| 10 | Texas | $53,278 | $26 |
| 11 | Alabama | $52,238 | $25 |
| 12 | Tennessee | $52,118 | $25 |
| 13 | Illinois | $51,503 | $25 |
| 14 | Kansas | $50,790 | $24 |
| 15 | South Carolina | $49,092 | $24 |
| 16 | Missouri | $48,319 | $23 |
| 17 | Ohio | $48,056 | $23 |
| 18 | Georgia | $47,606 | $23 |
| 19 | Florida | $46,653 | $22 |
| 20 | Utah | $45,806 | $22 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | $132,220 | $63.57 | ||
| 2 | Goldman Sachs | $122,908 | $59.09 | 2 |
| 3 | OCC | $121,913 | $58.61 | |
| 4 | Uber Technologies | $120,661 | $58.01 | |
| 5 | D. E. Shaw group | $119,870 | $57.63 | |
| 6 | JPMorgan Chase & Co. | $118,585 | $57.01 | 256 |
| 7 | Constellation Energy Partners | $113,847 | $54.73 | |
| 8 | Charles River Associates | $106,281 | $51.10 | |
| 9 | Pwc | $104,437 | $50.21 | 1 |
| 10 | QuintilesIMS | $100,757 | $48.44 | 5 |
| 11 | Kaiser Permanente | $98,311 | $47.26 | 4 |
| 12 | Baker Tilly | $98,111 | $47.17 | 6 |
| 13 | GLG | $93,894 | $45.14 | |
| 14 | The Prudential Insurance Company of America, Inc. | $92,381 | $44.41 | |
| 15 | Grant Thornton | $89,245 | $42.91 | 26 |
| 16 | CBIZ | $85,284 | $41.00 | |
| 17 | BDO USA | $82,342 | $39.59 | 1 |
| 18 | SAIC | $75,020 | $36.07 | |
| 19 | Hyundai Capital Services | $67,049 | $32.24 | |
| 20 | Global Atlantic Financial Group Limited | $66,897 | $32.16 | 4 |
A pricing associate 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 pricing associate job description:
To find pricing associates for your business, try out a few different recruiting strategies:
Your first interview with pricing associate candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates 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 pricing associate 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 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.
Once that's done, you can draft an onboarding schedule for the new pricing associate. 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 pricing associate comes with both the one-time cost per hire and ongoing costs. The cost of recruiting pricing associates 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 pricing associate recruiting as well the ongoing costs of maintaining the new employee.
Pricing associates earn a median yearly salary is $56,667 a year in the US. However, if you're looking to find pricing associates for hire on a contract or per-project basis, hourly rates typically range between $15 and $45.