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Product planner hiring summary. Here are some key points about hiring product planners in the United States:
Here's a step-by-step product planner hiring guide:
Product planner positions require a battery of skills, including decisiveness, stress management, leadership, organization, communication, statistics, business operations, computer literacy, and problem-solving, to name a few. Those who choose this career will be required to involve internally-focused decisions, steps, and tasks necessary to develop a successful product.
The product planner 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.
Hiring the perfect product planner 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.
Here's a comparison of product planner salaries for various roles:
| Type of Product Planner | Description | Hourly rate |
|---|---|---|
| Product Planner | Material recording clerks track product information in order to keep businesses and supply chains on schedule. They ensure proper scheduling, recordkeeping, and inventory control. | $34-59 |
| Expeditor | The role of expeditors is to ensure the timely and efficient preparation and delivery of food. To accomplish this task, they also perform other duties, including managing inventory levels, managing supply requisition, and coordinating with subcontractors... Show more | $13-25 |
| Inventory Control Lead | An Inventory Control Lead oversees supplies in an organization, aiming to meet market demands and avoid oversupply. They perform regular inspections and assessments, review invoices and other documentation, monitor product distribution operations, and produce regular progress reports... Show more | $13-34 |
Including a salary range in your product planner job description is one of the best ways to attract top talent. A product planner can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $121,792 | $59 |
| 2 | Washington | $111,044 | $53 |
| 3 | Maine | $97,305 | $47 |
| 4 | Michigan | $92,152 | $44 |
| 5 | Colorado | $91,756 | $44 |
| 6 | Arizona | $90,013 | $43 |
| 7 | Oregon | $86,570 | $42 |
| 8 | Texas | $86,041 | $41 |
| 9 | Maryland | $84,774 | $41 |
| 10 | North Carolina | $84,762 | $41 |
| 11 | Indiana | $84,207 | $40 |
| 12 | South Carolina | $80,008 | $38 |
| 13 | Ohio | $79,974 | $38 |
| 14 | Minnesota | $78,825 | $38 |
| 15 | New York | $78,087 | $38 |
| 16 | Illinois | $76,683 | $37 |
| 17 | Iowa | $73,787 | $35 |
| 18 | Missouri | $73,711 | $35 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Apple | $137,752 | $66.23 | 62 |
| 2 | Microsoft | $132,730 | $63.81 | 83 |
| 3 | ConocoPhillips | $113,158 | $54.40 | 1 |
| 4 | Coty | $109,095 | $52.45 | |
| 5 | JPMorgan Chase & Co. | $104,619 | $50.30 | 326 |
| 6 | Xilinx | $104,347 | $50.17 | |
| 7 | DoubleVerify | $102,897 | $49.47 | |
| 8 | Cirrus Logic | $101,445 | $48.77 | 3 |
| 9 | OmniVision Technologies | $100,877 | $48.50 | |
| 10 | Intel | $100,807 | $48.46 | 17 |
| 11 | Micron Technology | $100,282 | $48.21 | 34 |
| 12 | Bayer | $99,646 | $47.91 | 20 |
| 13 | WEX | $96,609 | $46.45 | 22 |
| 14 | Stefanini | $95,526 | $45.93 | 3 |
| 15 | Keysight Technologies | $95,244 | $45.79 | |
| 16 | Pioneer Technology Group | $95,138 | $45.74 | |
| 17 | Fujitsu | $94,051 | $45.22 | 16 |
| 18 | Samsung Electronics Device Solutions (Semiconductor & Display) | $93,321 | $44.87 | 10 |
| 19 | FCA US LLC | $92,348 | $44.40 | 5 |
| 20 | Honda | $92,071 | $44.26 | 2 |
A good product planner 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 planner job description:
To find the right product planner for your business, consider trying out a few different recruiting strategies:
To successfully recruit product planners, 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.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect product planner candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your 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.
Once that's done, you can draft an onboarding schedule for the new product planner. 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 product planner comes with both the one-time cost per hire and ongoing costs. The cost of recruiting product planners 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 product planner recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $94,669 per year for a product planner, 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 planners in the US typically range between $34 and $59 an hour.