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Product manager internship hiring summary. Here are some key points about hiring product manager interns in the United States:
Here's a step-by-step product manager internship hiring guide:
When it comes to a product manager internship, an intern's responsibility is to develop business insights by performing support tasks under the supervision of a manager or a more experienced colleague. Typically, their duties revolve around performing research and analysis on markets and consumers, liaising with clients to understand business processes, responding to inquiries and concerns from customers, and reaching out to clients to offer products and services through calls and correspondence. Furthermore, as an intern, it is essential to report to managers if there are any problems and adhere to the company's policies and regulations.
Before you post your product manager internship 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 product manager internship for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them a product manager internship 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 product manager internship that fits the bill.
This list presents product manager internship salaries for various positions.
| Type of Product Manager Internship | Description | Hourly rate |
|---|---|---|
| Product Manager Internship | $15-35 | |
| Project Administrator | A project administrator is a professional who assists the project manager in the preparation, reporting, and analysis of projects. Project administrators are given tasks with administrative responsibilities such as managing the budget for supply orders, coordinating meetings with contractors, and doing site visits... Show more | $15-39 |
| Project Director | A project director is a professional responsible for supervising workers from various departments given specific tasks to complete a given project. They create a budget to complete a job while monitoring the amount of money spent to ensure that overspending is avoided... Show more | $33-77 |
Including a salary range in your product manager internship job description is one of the best ways to attract top talent. A product manager internship can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rhode Island | $76,359 | $37 |
| 2 | New Jersey | $69,728 | $34 |
| 3 | California | $69,560 | $33 |
| 4 | Delaware | $66,003 | $32 |
| 5 | Nebraska | $64,541 | $31 |
| 6 | Maryland | $64,480 | $31 |
| 7 | Washington | $62,683 | $30 |
| 8 | Alaska | $62,465 | $30 |
| 9 | Utah | $60,252 | $29 |
| 10 | Massachusetts | $60,017 | $29 |
| 11 | Nevada | $59,441 | $29 |
| 12 | Indiana | $58,657 | $28 |
| 13 | Connecticut | $58,241 | $28 |
| 14 | Wyoming | $57,333 | $28 |
| 15 | Pennsylvania | $57,313 | $28 |
| 16 | Colorado | $57,094 | $27 |
| 17 | North Carolina | $56,604 | $27 |
| 18 | Mississippi | $56,373 | $27 |
| 19 | Louisiana | $56,118 | $27 |
| 20 | Alabama | $55,290 | $27 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Cisco | $98,948 | $47.57 | 219 |
| 2 | VMware | $96,285 | $46.29 | |
| 3 | SAP | $79,739 | $38.34 | 6 |
| 4 | Splunk | $65,889 | $31.68 | |
| 5 | Oracle | $62,979 | $30.28 | 2,050 |
| 6 | Power Integrations | $61,692 | $29.66 | |
| 7 | Pearson | $55,762 | $26.81 | 5 |
| 8 | LogicGate | $51,732 | $24.87 | 1 |
| 9 | Allianz Life | $48,884 | $23.50 | 11 |
| 10 | SHAZAM | $48,157 | $23.15 | |
| 11 | Raytheon Technologies | $46,940 | $22.57 | 27 |
| 12 | Trek Bicycle | $44,928 | $21.60 | |
| 13 | Zillow Group | $44,557 | $21.42 | |
| 14 | athenahealth | $43,792 | $21.05 | 1 |
| 15 | EVRAZ North America | $43,408 | $20.87 | |
| 16 | Fossil | $43,167 | $20.75 | |
| 17 | T-Mobile | $42,617 | $20.49 | 12 |
| 18 | TD Bank | $40,611 | $19.52 | 7 |
| 19 | P&G | $39,555 | $19.02 | 1 |
| 20 | Walmart | $37,946 | $18.24 | 77 |
A good product manager internship job description should include a few things:
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 internship job description:
There are various strategies that you can use to find the right product manager internship for your business:
Recruiting product manager interns 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 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 found the product manager internship 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 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.
After that, you can create an onboarding schedule for a new product manager internship. 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.
Recruiting product manager interns 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 $49,420 per year for a product manager internship, 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 product manager interns in the US typically range between $15 and $35 an hour.