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Principal strategist hiring summary. Here are some key points about hiring principal strategists in the United States:
Here's a step-by-step principal strategist hiring guide:
Before you start hiring a principal strategist, 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 principal strategist's background is also an important factor in determining whether they'll be a good fit for the position. For example, principal strategists 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.
This list presents principal strategist salaries for various positions.
| Type of Principal Strategist | Description | Hourly rate |
|---|---|---|
| Principal Strategist | Advertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members. | $46-96 |
| Development Manager | A development manager is responsible for assisting existing clients or potential clients of the services they need. A development manager serves as the initial point of contact for the clients to answer their inquiries and concerns before proceeding with a contract... Show more | $36-76 |
| Brand Manager | A brand manager is a professional responsible for adapting a brand strategy that targets the potential market for a company's product while maintaining its integrity. Brand managers assist in developing products while managing budgets for the advertising and promotion of their new products... Show more | $34-62 |
Including a salary range in your principal strategist job description is one of the best ways to attract top talent. A principal strategist can vary based on:
A principal strategist 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. Below, you can find an example of a principal strategist job description:
There are various strategies that you can use to find the right principal strategist for your business:
To successfully recruit principal strategists, 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.
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 have selected a candidate for the principal strategist 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 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.
Before you start to hire principal strategists, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire principal strategists pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
Principal strategists earn a median yearly salary is $140,463 a year in the US. However, if you're looking to find principal strategists for hire on a contract or per-project basis, hourly rates typically range between $46 and $96.