Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Revenue director hiring summary. Here are some key points about hiring revenue directors in the United States:
Here's a step-by-step revenue director hiring guide:
The job of a revenue director varies with the size of the organization. The job of a revenue director is to ensure sales are running well, hence generating revenue to optimize efficiency and profits. Their duties and responsibilities include planning the organization's budget, mentoring employees, developing strategies to help the organization grow, and communicating revenue issues and strategies to management.
Before you start hiring a revenue director, 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.
A revenue director's background is also an important factor in determining whether they'll be a good fit for the position. For example, revenue directors 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.
Here's a comparison of revenue director salaries for various roles:
| Type of Revenue Director | Description | Hourly rate |
|---|---|---|
| Revenue Director | Advertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members. | $32-67 |
| Director Of Communications And Marketing | A director of communications and marketing spearheads a company's marketing and communication projects in adherence with the company's vision and mission. Being the director, they have the authority to make decisions, delegate responsibilities among managers and teams, and direct the project and program cycle from planning to execution, solving issues and concerns if any would arise... Show more | $27-63 |
| Director Of Marketing & Development | A director of marketing development is a management professional who is responsible for improving the marketing scheme of an organization while discovering ways to obtain new customers. This director is required to lead a team of marketers and work with other departments to make the organization's marketing plans become a reality... Show more | $28-77 |
Including a salary range in the revenue director job description is a good way to get more applicants. A revenue director 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 revenue director in Kentucky may be lower than in Washington, and an entry-level engineer typically earns less than a senior-level revenue director. Additionally, a revenue director with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $125,803 | $60 |
| 2 | California | $125,629 | $60 |
| 3 | Arizona | $117,651 | $57 |
| 4 | Maryland | $113,472 | $55 |
| 5 | District of Columbia | $113,003 | $54 |
| 6 | Ohio | $110,996 | $53 |
| 7 | Illinois | $105,217 | $51 |
| 8 | New Jersey | $103,664 | $50 |
| 9 | North Carolina | $102,133 | $49 |
| 10 | Minnesota | $99,770 | $48 |
| 11 | New York | $99,077 | $48 |
| 12 | Oregon | $97,807 | $47 |
| 13 | South Carolina | $96,115 | $46 |
| 14 | Massachusetts | $95,666 | $46 |
| 15 | Texas | $94,357 | $45 |
| 16 | Michigan | $89,875 | $43 |
| 17 | Colorado | $86,848 | $42 |
| 18 | Georgia | $84,460 | $41 |
| 19 | Pennsylvania | $84,085 | $40 |
| 20 | Iowa | $83,899 | $40 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Brookfield Properties | $149,611 | $71.93 | |
| 2 | Rent the Runway | $137,296 | $66.01 | |
| 3 | Fairview Health Services | $135,178 | $64.99 | 2 |
| 4 | Yahoo | $134,578 | $64.70 | |
| 5 | Dropbox | $133,392 | $64.13 | 1 |
| 6 | Sherpa | $131,840 | $63.38 | |
| 7 | Azul | $131,233 | $63.09 | |
| 8 | Wall Street Systems | $128,784 | $61.92 | |
| 9 | Huron Consulting Group | $126,806 | $60.96 | 101 |
| 10 | Intelius | $122,044 | $58.67 | |
| 11 | Weedmaps | $120,624 | $57.99 | 2 |
| 12 | Prime Healthcare | $117,535 | $56.51 | 2 |
| 13 | Mission Regional Medical Center | $116,771 | $56.14 | 2 |
| 14 | Embarcadero Technologies | $115,738 | $55.64 | |
| 15 | Kforce | $115,694 | $55.62 | 7 |
| 16 | Randstad North America, Inc. | $115,390 | $55.48 | 1 |
| 17 | Kaiser Permanente | $115,195 | $55.38 | 12 |
| 18 | Aetna | $113,871 | $54.75 | |
| 19 | Sauce Labs | $113,733 | $54.68 | |
| 20 | Pwc | $113,428 | $54.53 | 618 |
A revenue 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 revenue director job description:
There are various strategies that you can use to find the right revenue director for your business:
Your first interview with revenue 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.
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 have selected a candidate for the revenue director position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the 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 revenue 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.
Recruiting revenue directors 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.
You can expect to pay around $97,486 per year for a revenue 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 revenue directors in the US typically range between $32 and $67 an hour.