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Regulatory affairs manager hiring summary. Here are some key points about hiring regulatory affairs managers in the United States:
Here's a step-by-step regulatory affairs manager hiring guide:
A regulatory affairs manager is in charge of ensuring that all aspects of a company adhere to the rules and regulations set by regulatory agencies. Their responsibilities revolve around devising regulation compliance strategies, creating training and orientation programs to inform the staff on the policies and standards, conducting internal inspections and information drives, and keeping abreast with the latest rules and regulations. Moreover, a regulatory affairs manager is in charge of processing and submitting necessary documents to government agencies, ensuring compliance and timeliness.
The regulatory affairs manager 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.
A regulatory affairs manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, regulatory affairs managers 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 presents regulatory affairs manager salaries for various positions.
| Type of Regulatory Affairs Manager | Description | Hourly rate |
|---|---|---|
| Regulatory Affairs Manager | $37-85 | |
| 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 |
| Regulatory Affairs Director | 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... Show more | $38-88 |
Including a salary range in the regulatory affairs manager job description is a good way to get more applicants. A regulatory affairs manager 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 regulatory affairs manager in Tennessee may be lower than in Vermont, and an entry-level engineer typically earns less than a senior-level regulatory affairs manager. Additionally, a regulatory affairs manager with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $135,731 | $65 |
| 2 | Massachusetts | $125,898 | $61 |
| 3 | Washington | $120,653 | $58 |
| 4 | New York | $115,896 | $56 |
| 5 | New Jersey | $115,621 | $56 |
| 6 | Maryland | $112,466 | $54 |
| 7 | Ohio | $110,160 | $53 |
| 8 | Pennsylvania | $108,617 | $52 |
| 9 | Illinois | $106,405 | $51 |
| 10 | Indiana | $106,358 | $51 |
| 11 | Texas | $105,310 | $51 |
| 12 | North Carolina | $103,614 | $50 |
| 13 | Virginia | $103,159 | $50 |
| 14 | Arizona | $101,950 | $49 |
| 15 | District of Columbia | $100,958 | $49 |
| 16 | Minnesota | $96,939 | $47 |
| 17 | Missouri | $95,509 | $46 |
| 18 | Georgia | $95,362 | $46 |
| 19 | Colorado | $91,958 | $44 |
| 20 | Kansas | $88,125 | $42 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | McKinsey & Company Inc | $157,912 | $75.92 | |
| 2 | Apple | $152,993 | $73.55 | 1 |
| 3 | Coty | $143,921 | $69.19 | |
| 4 | Exelixis | $143,830 | $69.15 | 6 |
| 5 | Sumitomo Mitsui Financial Group | $137,949 | $66.32 | |
| 6 | Foundation Medicine | $136,345 | $65.55 | |
| 7 | Koch Industries | $134,485 | $64.66 | |
| 8 | JUUL | $134,419 | $64.62 | 1 |
| 9 | Deutsche Bank | $134,210 | $64.52 | 2 |
| 10 | Genentech | $134,183 | $64.51 | 5 |
| 11 | Occidental Petroleum | $133,105 | $63.99 | |
| 12 | Acorda Therapeutics | $132,731 | $63.81 | |
| 13 | Northwell Health | $132,172 | $63.54 | 2 |
| 14 | Pwc | $130,759 | $62.86 | |
| 15 | Ariad Pharmaceuticals | $129,334 | $62.18 | |
| 16 | AstraZeneca | $129,155 | $62.09 | 6 |
| 17 | UBS | $129,120 | $62.08 | 3 |
| 18 | Natera | $129,039 | $62.04 | 2 |
| 19 | FUJIFILM Diosynth Biotechnologies | $128,589 | $61.82 | |
| 20 | Kemin | $127,352 | $61.23 | 1 |
A good regulatory affairs manager 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 regulatory affairs manager job description:
To find regulatory affairs managers for your business, try out a few different recruiting strategies:
To successfully recruit regulatory affairs managers, 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.
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 found the regulatory affairs manager 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 also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
After that, you can create an onboarding schedule for a new regulatory affairs manager. 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 regulatory affairs managers 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.
The median annual salary for regulatory affairs managers is $117,714 in the US. However, the cost of regulatory affairs manager hiring can vary a lot depending on location. Additionally, hiring a regulatory affairs manager for contract work or on a per-project basis typically costs between $37 and $85 an hour.