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How to hire a revenue manager

Revenue manager hiring summary. Here are some key points about hiring revenue managers in the United States:

  • In the United States, the median cost per hire a revenue manager is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new revenue manager to become settled and show total productivity levels at work.

How to hire a revenue manager, step by step

To hire a revenue manager, you should create an ideal candidate profile, determine a budget, and post and promote your job. Here's a step-by-step guide on how to hire a revenue manager:

Here's a step-by-step revenue manager hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a revenue manager job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new revenue manager
  • Step 8: Go through the hiring process checklist

What does a revenue manager do?

A revenue manager is responsible for conducting price analysis and revenue strategies to support business development and improve marketing techniques. Revenue managers research on the current market trends, evaluate statistical data of resources, maintain reasonable rates, and match the competitiveness of other hotel industries. They also work closely with the marketing and public relations team on releasing press releases, managing media appearance, and publishing content on the digital platform. A revenue manager must have excellent communication and organizational skills, tracking business and financial transactions, and coordinating with potential clients for partnerships.

Learn more about the specifics of what a revenue manager does
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  1. Identify your hiring needs

    Before you post your revenue manager 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 revenue manager for hire on a part-time basis or as a contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    A revenue manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, revenue 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 shows salaries for various types of revenue managers.

    Type of Revenue ManagerDescriptionHourly rate
    Revenue ManagerAdvertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members.$28-59
    Manager, StrategyA strategy manager is a professional who reviews a company's objectives for growth and works with executives to formulate actionable plans to achieve these objectives. To make comprehensive recommendations, strategy managers must conduct data analysis of the organization as well as the overall industry... Show more$37-73
    Product Marketing ManagerA product marketing manager is responsible for managing the company's goods and services, promoting brand awareness, developing effective marketing campaigns to attract existing and potential clients, generating more revenues, and achieving its profitability goals. Product marketing managers must have excellent knowledge of the marketing industry, as well as broad ideas on the current industry trends to meet clients' demands and identify business opportunities... Show more$39-71
  2. Create an ideal candidate profile

    Common skills:
    • Revenue Cycle
    • Reservations
    • Customer Service
    • Patients
    • Cycle Management
    • Revenue Management
    • Booking
    • Oversight
    • Revenue Recognition
    • GAAP
    • Reconciliations
    • CPT
    • Hotel Revenue
    • Internal Controls
    Check all skills
    Responsibilities:
    • Manage room availability and rates on a daily basis within the PMS, OTA and CRS to maximize room revenue.
    • Manage OTA channel partners and perform market analysis including monitoring trends, need periods, promotional opportunities and rate parities.
    • Manage and oversee performance of all OTA and contract rates ensuring the hotel is positioned correctly base on changing demand.
    • Maintain spreadsheets and ERP applications to analyze and manage collections for manufacturers regarding all aspects of receivables.
    • Evaluate group booking opportunities for pattern and placement and provide pricing recommendations to ensure maximum revenue potential is achieved.
    • Manage accounts receivable accountants performing monthly accounting closes, reconciliations, and revenue and billing subsystem adjustments and maintenance.
    More revenue manager duties
  3. Make a budget

    Including a salary range in the revenue manager job description is a good way to get more applicants. A revenue 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 revenue manager in Iowa may be lower than in California, and an entry-level engineer typically earns less than a senior-level revenue manager. Additionally, a revenue manager with lots of experience in the field may command a higher salary as a result.

    Average revenue manager salary

    $86,270yearly

    $41.48 hourly rate

    Entry-level revenue manager salary
    $59,000 yearly salary
    Updated January 29, 2026

    Average revenue manager salary by state

    RankStateAvg. salaryHourly rate
    1California$108,052$52
    2District of Columbia$98,602$47
    3Utah$97,470$47
    4Massachusetts$95,474$46
    5Rhode Island$94,519$45
    6Washington$94,336$45
    7New Jersey$93,782$45
    8North Carolina$93,593$45
    9Maryland$92,889$45
    10Virginia$91,368$44
    11New York$90,441$43
    12Indiana$88,455$43
    13Tennessee$87,849$42
    14Texas$87,709$42
    15Pennsylvania$87,264$42
    16Nevada$86,747$42
    17Minnesota$84,319$41
    18Arizona$83,388$40
    19Georgia$81,779$39
    20Illinois$78,769$38

    Average revenue manager salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Meta$143,724$69.10429
    2Google$140,705$67.65474
    3eBay$134,925$64.8739
    4Koch Industries$134,512$64.6717
    5DoorDash$133,882$64.3787
    6Asana$128,414$61.748
    7Essex Property Trust$124,462$59.842
    8Twitter$123,768$59.503
    9Palo Alto Networks$121,926$58.6293
    10Cloudera$121,846$58.586
    11Schrödinger Inc$121,395$58.36
    12DocuSign$118,492$56.9715
    13Synopsys$118,456$56.953
    14Salesforce$117,168$56.3384
    15Zoetis$116,204$55.8711
    16Teradata$115,732$55.646
    17Trulia$114,753$55.17
    18Fortinet$114,698$55.146
    19Splunk$113,649$54.64
    20Expedia Group$112,657$54.1676
  4. Writing a revenue manager job description

    A good revenue manager job description should include a few things:

    • Summary of the role
    • List of responsibilities
    • Required skills and experience

    Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a revenue manager job description:

    Revenue manager job description example

    The Revenue Manager is responsible for reviewing, understanding and compiling reports on asset performance regarding pricing. This individual will act as the advisor for the operations team from implementation, managing daily rent pricing and ongoing support/training. The Revenue Manager will also serve as point-of-contact for other departments regarding market conditions, reporting, and associated tasks via LRO, Radix, and other software.

    ***Hybrid schedules available with telework option, not fully remote. COVID-19 vaccination required, unless legitimate medical or religious exemption applies.***
    RESPONSIBILTIES:
    Revenue and Pricing Review pricing recommendations for all communities generated by pricing or other software Host pricing calls with on-site teams and Regional Managers to recommend pricing/renewal strategies and other systems settings Complete adjustments to internal systems and other software to achieve goals Perform audits and assessments on existing communities and provide necessary recommendations to appropriate team members regarding settings, training, etc. Lead the set-up for newly acquired communities from start to finish in pricing system, including assessment of ancillary income and amenities Attend appropriate conferences, meetings, and other events to keep up to date on latest trends and offerings and make recommendations as necessary Lead implementation of new initiatives surrounding revenue generation and software Training and Support
    Create and implement continual training for team members at all levels of the organization, to include on-boarding, refreshers, and new products Host trainings both in-person and virtually as needed Build positive relationships with on-site teams and other departments Serve as point-of-contact for troubleshooting system issues with vendors and internal stakeholders Reporting
    Provide on-going reporting to various levels of the organization on financial results, revenue management adoption, market conditions, and other items as necessary Analyze and interpret market level data for various demographic, economic, supply, and demand trends throughout the existing portfolio

    Qualifications

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability, and physical requirements to perform the job successfully.

    Education & Work Experience
    High School Degree or GED BA/BS degree strongly preferred 3+ years of on-site Multifamily Operations experience 2+ years' experience with revenue management pricing models (preferably LRO)
  5. Post your job

    There are various strategies that you can use to find the right revenue manager for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    To find revenue manager candidates, you can consider the following options:
    • Post your job opening on Zippia or other job search websites.
    • Use niche websites that focus on engineering and technology jobs, such as swipe files, exit five, marketinghire, american marketing association.
    • Post your job on free job posting websites.
  6. Interview candidates

    Recruiting revenue 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.

    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.

  7. Send a job offer and onboard your new revenue manager

    Once you've selected the best revenue manager 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 also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.

    After that, you can create an onboarding schedule for a new revenue 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.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a revenue manager?

Hiring a revenue manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting revenue 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 revenue manager recruiting as well the ongoing costs of maintaining the new employee.

The median annual salary for revenue managers is $86,270 in the US. However, the cost of revenue manager hiring can vary a lot depending on location. Additionally, hiring a revenue manager for contract work or on a per-project basis typically costs between $28 and $59 an hour.

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