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Research and development manager hiring summary. Here are some key points about hiring research and development managers in the United States:
Here's a step-by-step research and development manager hiring guide:
A research and development manager is responsible for supervising project development procedures to support business operations and identify business opportunities that would pave the way for more revenue resources and profits. Research and development managers monitor the production plans from the conceptualization to the final outputs, inspecting inconsistencies and flaws in every phase and revising strategies as needed to achieve the required specifications and requirements. They delegate tasks to the staff, oversee progress, and conduct research and development programs to maximize productivity and team efforts.
Before you start hiring a research and development manager, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
Hiring the perfect research and development manager 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 research and development manager salaries for various roles:
| Type of Research And Development Manager | Description | Hourly rate |
|---|---|---|
| Research And Development Manager | Architectural and engineering managers plan, direct, and coordinate activities in architectural and engineering companies. | $37-83 |
| Engineering Supervisor | An engineering supervisor is responsible for monitoring the engineering operations of an organization, developing strategic processes and techniques to improve staff's performance, and facilitating training and programs to maximize productivity. Engineering supervisors evaluate technology procedures and reports to identify and design new opportunities that would generate more resources for revenues and profits... Show more | $34-62 |
| Engineering Operations Manager | Engineering Operations Managers are responsible for managing mechanical or electrical repair and maintenance activities. Their duties include supervising the facility's daily operations, directing engineers, contractors, and subcontractors in executing a project, forecasting maintenance, and operation costs, preparing an annual budget, and leading strategic sourcing initiatives... Show more | $45-76 |
Including a salary range in your research and development manager job description is one of the best ways to attract top talent. A research and development manager can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $156,674 | $75 |
| 2 | Washington | $148,239 | $71 |
| 3 | Oregon | $131,063 | $63 |
| 4 | Massachusetts | $122,318 | $59 |
| 5 | Rhode Island | $117,425 | $56 |
| 6 | Pennsylvania | $114,472 | $55 |
| 7 | New York | $113,309 | $54 |
| 8 | Indiana | $112,547 | $54 |
| 9 | North Carolina | $111,113 | $53 |
| 10 | Michigan | $107,936 | $52 |
| 11 | District of Columbia | $107,284 | $52 |
| 12 | Montana | $106,705 | $51 |
| 13 | Georgia | $105,377 | $51 |
| 14 | Illinois | $104,723 | $50 |
| 15 | Ohio | $102,435 | $49 |
| 16 | Minnesota | $100,886 | $49 |
| 17 | Missouri | $98,188 | $47 |
| 18 | Utah | $96,738 | $47 |
| 19 | Colorado | $95,376 | $46 |
| 20 | New Mexico | $94,685 | $46 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $196,784 | $94.61 | 691 |
| 2 | Apple | $177,485 | $85.33 | 263 |
| 3 | Pwc | $170,822 | $82.13 | 508 |
| 4 | VMware | $166,041 | $79.83 | |
| 5 | Accenture | $163,145 | $78.44 | 490 |
| 6 | Neuralink IT Solutions | $161,719 | $77.75 | |
| 7 | First Solar | $160,293 | $77.06 | 39 |
| 8 | Bloomberg | $156,410 | $75.20 | 22 |
| 9 | Global Tax Management | $154,756 | $74.40 | |
| 10 | Broadcom | $153,628 | $73.86 | 57 |
| 11 | Deloitte | $153,558 | $73.83 | 918 |
| 12 | H-E-B | $153,390 | $73.75 | 12 |
| 13 | Brookhaven National Laboratory | $151,357 | $72.77 | 1 |
| 14 | Koch Industries | $149,825 | $72.03 | 2 |
| 15 | Los Alamos National Laboratory | $148,397 | $71.34 | 57 |
| 16 | Lands' End | $148,078 | $71.19 | 1 |
| 17 | ICU Medical | $147,572 | $70.95 | 8 |
| 18 | Veeva Systems | $147,409 | $70.87 | 15 |
| 19 | Micron Technology | $147,105 | $70.72 | 5 |
| 20 | LSI | $146,761 | $70.56 |
A research and development manager 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 research and development manager job description:
There are a few common ways to find research and development managers for your business:
Recruiting research and development managers 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. You can move on to the technical interview if a candidate is good enough for the next step.
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 research and development manager 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.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
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.
Hiring a research and development manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting research and development managers 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 research and development manager recruiting as well the ongoing costs of maintaining the new employee.
Research and development managers earn a median yearly salary is $117,507 a year in the US. However, if you're looking to find research and development managers for hire on a contract or per-project basis, hourly rates typically range between $37 and $83.