How to hire a product manager/analyst

How to hire a product manager/analyst, step by step

Here's a step-by-step product manager/analyst hiring guide:

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

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1. Identify your hiring needs

   The product manager/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.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   A product manager/analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, product managers/analyst 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 shows salaries for various types of product managers/analyst.

   Type of Product Manager/Analyst	Description	Hourly rate
   Product Manager/Analyst	Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.	$33-64
   Analyst Sales	Analyst sales, or a sales analyst, is a professional who is responsible for increasing sales and revenue of a company by running competitive analysis and making recommendations on how the marketing and sales team should move forward. Sales analysts must assist in the review of monthly financial statements and prepare complex financial statements for retail and service businesses... Show more	$22-47
   Analyst Lead	The duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials... Show more	$35-58

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Project Management
   • Product Management
   • Jira
   • User Stories
   • Product Line
   • Securities
   • UI
   • Acceptance Criteria
   • Market Research
   • Product Roadmap
   • SQL
   • Product Vision
   • Product Development
   • Confluence

   Check all skills

   Responsibilities:

   • Manage and control entire UAT process prior to production implementation.
   • Create and manage inventory management database using SQL.
   • Manage horizontal UX prototyping resource needs, implementing effective collaborative expectations and cross-product timeline allocation strategies.
   • Work in JAVA, SQL environment, used UML base business process modeling, data modeliing.
   • Provide insightful, actionable, and analytic base recommendations that consider better UI, risks & vulnerabilities.
   • Communicate to the business user when implementation is delayed and update progress from time to time through JIRA.

   More product manager/analyst duties

3. Make a budget

   Including a salary range in the product manager/analyst job description is a good way to get more applicants. A product manager/analyst salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.

   For example, the average salary for a product manager/analyst in Missouri may be lower than in Washington, and an entry-level engineer typically earns less than a senior-level product manager/analyst. Additionally, a product manager/analyst with lots of experience in the field may command a higher salary as a result.

   Average product manager/analyst salary

   $97,841yearly

   $47.04 hourly rate

   ---

   Entry-level product manager/analyst salary

   $70,000 yearly salary

   Updated December 24, 2025

   Average product manager/analyst salary by state

   Rank	State	Avg. salary	Hourly rate
   1	Washington	$138,647	$67
   2	California	$132,137	$64
   3	New Jersey	$108,921	$52
   4	Texas	$107,418	$52
   5	New York	$105,976	$51
   6	Minnesota	$104,257	$50
   7	Oregon	$103,844	$50
   8	Arkansas	$97,503	$47
   9	Colorado	$96,582	$46
   10	North Carolina	$93,002	$45
   11	Massachusetts	$92,404	$44
   12	New Mexico	$90,615	$44
   13	Michigan	$89,784	$43
   14	Louisiana	$88,675	$43
   15	Utah	$88,326	$42
   16	Tennessee	$88,229	$42
   17	Ohio	$84,149	$40
   18	Virginia	$81,261	$39
   19	Connecticut	$81,211	$39
   20	Pennsylvania	$79,664	$38

   Average product manager/analyst salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Citi	$125,384	$60.28	30
   2	Moody's	$121,127	$58.23	3
   3	Walmart	$119,501	$57.45	100
   4	Greenleaf Trust	$111,976	$53.83
   5	Udemy	$110,644	$53.19	3
   6	JPMorgan Chase & Co.	$110,642	$53.19	446
   7	DOOR3	$110,360	$53.06
   8	Policygenius	$110,340	$53.05
   9	KBR	$106,666	$51.28	12
   10	Icreon	$104,664	$50.32
   11	Change.org	$103,694	$49.85
   12	Ceres	$103,311	$49.67
   13	Florida Power and Light	$103,118	$49.58	12
   14	Peraton	$103,062	$49.55	13
   15	Hitachi Vantara	$100,615	$48.37
   16	Ernst Concrete	$100,020	$48.09
   17	Hunter	$97,084	$46.67
   18	Gallega Software Solutions	$96,576	$46.43
   19	Boston Scientific	$96,448	$46.37	34
   20	Visa	$95,787	$46.05	101

4. Writing a product manager/analyst job description

   A good product manager/analyst job description should include a few things:

   • Summary of the role
   • List of responsibilities
   • Required skills and experience

   Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a product manager/analyst job description:

   Product manager/analyst job description example

   Schmidt Futures is a philanthropic initiative, founded by Eric and Wendy Schmidt, that bets early on exceptional people making the world better. We knit talent into networks, bet on the most promising ideas through diverse forms of competition and support, and equip people to scale through partners and modern tools. To realize this vision, Schmidt Futures uses a broad set of tools - including gifts, grants, investments, and startup activity - for charitable, educational, and commercial efforts with a public purpose. Our initiative brings together the efforts of various charitable and non-charitable entities to improve our potential impact by making diverse types of capital available to the efforts we support.
   The Role
   
   Reporting to the Head of Talent, the Manager, Analyst Cohort will be responsible for developing our Analyst program and managing a cohort of 10 - 15 Analysts per year. The Manager, Analyst Cohort will be responsible for:
   - Managing a cohort of Analysts (typically <3 years of professional experience))
   - Building a collective strategy and vision for the program; collaborating with program leads to vet internal projects for Analyst rotations
   - Recruiting new Analysts and serving as the hiring manager for the cohort
   
   Key Responsibilities:
   Managing Cohort of Analysts Maintain overall responsibility and direct management of the Analyst cohort Lead efforts related to onboarding, project management, coaching, and problem-solving Organize training sessions to support career development, including an annual training week
   Building Program Strategy and VisionCollaborate with Head of Talent to design the vision for the Analyst program Define Analyst program objectives and key results (OKRs) and report progress Collaborate with internal program leads to build a growth trajectory plan for Analysts to develop within the organization and in their careers
   Recruiting, Training, and Coaching for AnalystsWork with the Schmidt Futures Recruiting team to recruit cohorts of exceptionally talented, diverse, entrepreneurial AnalystsProvide coaching to Analysts to help them advance their projects and overall development Drive Analyst performance evaluation process by collecting and communicating feedback from day-to-day project leaders
   Knowledge, Skills, and AbilitiesExceptional leadership capabilities with a track record of building and nurturing teams by providing coaching, mentorship, and development to junior team members Entrepreneurial leader who is oriented towards action, learning by doing, and iterative approaches Creative thinker who comes up with new, better ways to achieve goals Strong communicator with the ability to articulate vision and tactics to motivate others Excellent judgment and ability to involve others in the decision-making process Proven ability to build a culture where groups work as a team to achieve shared objectives Ability to blend strong people and project management abilities to set team goals effectively, and coach individuals for continued growth and development7+ years of experience managing teams of direct reports
   RequirementsHave the highest levels of personal ethics and professional integrity Have a bachelor's degree or equivalent from an accredited institution Be based at the Schmidt Futures offices in New York or Washington, D.C., and be able to travel within the U.S. and internationally on a regular basis as needed following company policy and permitting circumstances
   Futures Action Network, LLC, which operates Schmidt Futures, is an Equal Employment Opportunity employer that proudly pursues and hires a diverse workforce. We do not make hiring or employment decisions on the basis of race, color, religion or religious belief, ethnic or national origin, nationality, sex, gender, gender-identity, sexual orientation, disability, age, military or veteran status, or any other basis protected by applicable local, state, or federal laws or prohibited by Company policy. We strive for a healthy and safe workplace and strictly prohibit harassment of any kind.

   Copy this example

   

5. Post your job

   There are various strategies that you can use to find the right product manager/analyst 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.

   To find product manager/analyst candidates, you can consider the following options:

   • Post your job opening on Zippia or other job search websites.
   • Use niche websites that focus on engineering and technology jobs, such as swipe files, exit five, marketinghire, american marketing association.
   • Post your job on free job posting websites.

6. Interview candidates

   During your first interview to recruit product managers/analyst, 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.

   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.

7. Send a job offer and onboard your new product manager/analyst

   Once you have selected a candidate for the product manager/analyst 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.

   You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

   After that, you can create an onboarding schedule for a new product manager/analyst. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.

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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