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Product specialist hiring summary. Here are some key points about hiring product specialists in the United States:
Here's a step-by-step product specialist hiring guide:
A product specialist is required to have excellent knowledge about a product and work with a business unit to ensure excellent product delivery. Product specialists perform product demonstrations to customers and other stakeholders and assist in their promotions and product releases. To gain increased revenue, product specialists must be able to identify new market opportunities. They are required to conduct product and sales training for the marketing team. They must also provide reports about their product-related activities to the management.
Before you post your product specialist 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 specialist for hire on a part-time basis or as a contractor.
A product specialist's background is also an important factor in determining whether they'll be a good fit for the position. For example, product specialists 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 specialists.
| Type of Product Specialist | Description | Hourly rate |
|---|---|---|
| Product Specialist | 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. | $26-62 |
| Product Consultant | A product consultant is a professional who collaborates with client managers and project managers to analyze client requirements and provide optimal products. Product consultants are required to leverage industry and product knowledge to answer customer inquiries and provide customer consultations... Show more | $32-62 |
| Product Technician | Product technicians are skilled professionals who are responsible for evaluating manufactured goods to ensure quality and functionality before they are marketed to the general public. These technicians are required to perform equipment setup and adjustments while conducting minor preventative maintenance tasks to test for safety and productivity before they are put into production... Show more | $17-59 |
Including a salary range in the product specialist job description is a good way to get more applicants. A product specialist 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 specialist in Tennessee may be lower than in California, and an entry-level engineer typically earns less than a senior-level product specialist. Additionally, a product specialist with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $118,648 | $57 |
| 2 | Washington | $104,478 | $50 |
| 3 | New York | $94,572 | $45 |
| 4 | New Jersey | $92,281 | $44 |
| 5 | Texas | $85,219 | $41 |
| 6 | Arizona | $84,970 | $41 |
| 7 | District of Columbia | $79,742 | $38 |
| 8 | Oregon | $79,422 | $38 |
| 9 | Pennsylvania | $75,761 | $36 |
| 10 | North Carolina | $75,091 | $36 |
| 11 | Massachusetts | $74,370 | $36 |
| 12 | Maine | $73,033 | $35 |
| 13 | Virginia | $70,148 | $34 |
| 14 | Minnesota | $69,818 | $34 |
| 15 | Colorado | $67,493 | $32 |
| 16 | Georgia | $64,919 | $31 |
| 17 | Illinois | $61,555 | $30 |
| 18 | Indiana | $60,569 | $29 |
| 19 | Florida | $59,952 | $29 |
| 20 | Wisconsin | $59,229 | $28 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | ByteDance | $150,047 | $72.14 | 2 |
| 2 | PayPal | $146,918 | $70.63 | 25 |
| 3 | Bloomberg | $144,204 | $69.33 | 19 |
| 4 | McKinsey & Company Inc | $144,128 | $69.29 | 29 |
| 5 | Flexport | $137,209 | $65.97 | 3 |
| 6 | Meta | $137,004 | $65.87 | 264 |
| 7 | Cloudflare | $134,349 | $64.59 | 4 |
| 8 | $131,956 | $63.44 | 60 | |
| 9 | Uber Technologies | $131,422 | $63.18 | |
| 10 | Cloudera | $129,386 | $62.20 | 1 |
| 11 | ZS | $128,926 | $61.98 | |
| 12 | Waymo | $128,371 | $61.72 | |
| 13 | Battelle | $126,675 | $60.90 | 12 |
| 14 | Wealthfront | $126,193 | $60.67 | |
| 15 | Citi | $125,704 | $60.43 | 12 |
| 16 | Thoughtworks | $125,435 | $60.31 | |
| 17 | VMware | $124,406 | $59.81 | |
| 18 | Calypso Technology | $123,495 | $59.37 | |
| 19 | $123,341 | $59.30 | ||
| 20 | SAP | $123,222 | $59.24 | 25 |
A good product specialist 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 specialist job description:
There are various strategies that you can use to find the right product specialist for your business:
Your first interview with product specialist 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 product specialist 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 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 product specialists, 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 product specialists pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
Product specialists earn a median yearly salary is $85,932 a year in the US. However, if you're looking to find product specialists for hire on a contract or per-project basis, hourly rates typically range between $26 and $62.