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Regulatory affairs director hiring summary. Here are some key points about hiring regulatory affairs directors in the United States:
Here's a step-by-step regulatory affairs director hiring guide:
A regulatory affairs director's role is to spearhead the efforts to ensure that all company operations adhere to industry standards and government regulations. Their responsibilities include coordinating with different departments to gather and analyze data, evaluating compliance in various areas, preparing and processing documentation, liaising with external parties, and devising strategies to optimize company compliance. Furthermore, as a regulatory affairs director, it is essential to maintain an active communication line with the workforce, all while implementing the company's policies and regulations.
First, determine the employments status of the regulatory affairs director you need to hire. Certain regulatory affairs director roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
You should also consider the ideal background you'd like them a regulatory affairs director 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 regulatory affairs director that fits the bill.
The following list breaks down different types of regulatory affairs directors and their corresponding salaries.
| Type of Regulatory Affairs Director | Description | Hourly rate |
|---|---|---|
| Regulatory Affairs Director | $38-88 | |
| Compliance Manager | Compliance managers are professionals who maintain the ethical and legal integrity of an organization. They establish and oversee control systems to deal with and prevent violations against internal policies and legal guidelines... Show more | $31-65 |
| Compliance Director | Compliance Directors oversee the adherence of different business units to company policies. They are considered experts on the different processes, policies, and regulatory systems that govern the business's operations, be it internal or external... Show more | $34-70 |
Including a salary range in your regulatory affairs director job description is one of the best ways to attract top talent. A regulatory affairs director can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $141,440 | $68 |
| 2 | Massachusetts | $139,420 | $67 |
| 3 | Maryland | $135,304 | $65 |
| 4 | New Jersey | $128,233 | $62 |
| 5 | New York | $126,733 | $61 |
| 6 | Washington | $125,857 | $61 |
| 7 | North Carolina | $120,947 | $58 |
| 8 | Ohio | $114,973 | $55 |
| 9 | Pennsylvania | $113,147 | $54 |
| 10 | Virginia | $107,331 | $52 |
| 11 | Arizona | $106,524 | $51 |
| 12 | District of Columbia | $104,972 | $50 |
| 13 | Connecticut | $104,928 | $50 |
| 14 | Illinois | $100,217 | $48 |
| 15 | Georgia | $99,697 | $48 |
| 16 | Colorado | $99,523 | $48 |
| 17 | Florida | $57,475 | $28 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Coty | $147,735 | $71.03 | |
| 2 | Bloomberg | $147,448 | $70.89 | 2 |
| 3 | UC Health | $143,325 | $68.91 | |
| 4 | Exelixis | $140,042 | $67.33 | 5 |
| 5 | VIVUS | $137,527 | $66.12 | |
| 6 | Deutsche Bank | $136,109 | $65.44 | 2 |
| 7 | Foundation Medicine | $134,009 | $64.43 | |
| 8 | Northwell Health | $133,353 | $64.11 | 4 |
| 9 | Expedia Group | $133,116 | $64.00 | |
| 10 | Sutro Biopharma | $132,778 | $63.84 | |
| 11 | Biogen | $131,626 | $63.28 | 1 |
| 12 | Pwc | $131,243 | $63.10 | |
| 13 | AstraZeneca | $130,730 | $62.85 | 6 |
| 14 | Silicon Valley Bank | $130,414 | $62.70 | |
| 15 | Horizon Pharma USA, Inc. | $127,970 | $61.52 | |
| 16 | AIG | $127,825 | $61.45 | 3 |
| 17 | Eli Lilly and Company | $126,328 | $60.73 | 1 |
| 18 | AbbVie | $126,278 | $60.71 | 11 |
| 19 | Bristol-Myers Squibb | $125,887 | $60.52 | 9 |
| 20 | Sony Pictures | $125,309 | $60.24 |
A regulatory affairs director 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. To help get you started, here's an example of a regulatory affairs director job description:
There are various strategies that you can use to find the right regulatory affairs director for your business:
Your first interview with regulatory affairs director 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 regulatory affairs director 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 regulatory affairs director first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Hiring a regulatory affairs director comes with both the one-time cost per hire and ongoing costs. The cost of recruiting regulatory affairs directors 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 regulatory affairs director recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $122,617 per year for a regulatory affairs director, 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 regulatory affairs directors in the US typically range between $38 and $88 an hour.