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Senior manager, product development hiring summary. Here are some key points about hiring senior managers, product development in the United States:
Here's a step-by-step senior manager, product development hiring guide:
A senior manager of product development is in charge of overseeing the efforts put into designing and manufacturing products, including quality control operations. Their responsibilities revolve around coordinating with different departments to gather data, performing research and analysis to assess existing procedures, and devising strategies to optimize processes. They may also set goals and schedules, produce progress reports, and spearhead the development of new products and services. Furthermore, as a senior manager, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Before you start hiring a senior manager, product development, 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 senior manager, product development's background is also an important factor in determining whether they'll be a good fit for the position. For example, senior managers, product development 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 senior manager, product development salaries for various roles:
| Type of Senior Manager, Product Development | Description | Hourly rate |
|---|---|---|
| Senior Manager, Product Development | 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. | $45-82 |
| Product Line Manager | A product line manager is a professional who provides product and market intelligence by increasing the market share of a company. Product line managers must create competitive analysis and interpret market trends so that they can provide recommendations and guidance to the company... Show more | $25-85 |
| Product Marketing Manager | A 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 |
Including a salary range in your senior manager, product development job description helps attract top candidates to the position. A senior manager, product development salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a senior manager, product development in South Dakota may be lower than in Rhode Island, and an entry-level senior manager, product development usually earns less than a senior-level senior manager, product development. Additionally, a senior manager, product development with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rhode Island | $150,341 | $72 |
| 2 | California | $147,235 | $71 |
| 3 | Pennsylvania | $137,499 | $66 |
| 4 | Massachusetts | $135,351 | $65 |
| 5 | Oregon | $132,770 | $64 |
| 6 | Washington | $132,394 | $64 |
| 7 | Ohio | $129,380 | $62 |
| 8 | Minnesota | $127,695 | $61 |
| 9 | New York | $127,243 | $61 |
| 10 | North Carolina | $122,894 | $59 |
| 11 | Illinois | $122,834 | $59 |
| 12 | Texas | $122,207 | $59 |
| 13 | New Jersey | $121,286 | $58 |
| 14 | Arizona | $120,018 | $58 |
| 15 | Maryland | $119,175 | $57 |
| 16 | Georgia | $117,449 | $56 |
| 17 | Connecticut | $115,953 | $56 |
| 18 | Arkansas | $113,811 | $55 |
| 19 | Wisconsin | $113,025 | $54 |
| 20 | Florida | $112,394 | $54 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Credit Karma | $191,896 | $92.26 | 7 |
| 2 | $172,443 | $82.91 | 286 | |
| 3 | $165,776 | $79.70 | 3 | |
| 4 | Cloudflare | $162,970 | $78.35 | 29 |
| 5 | NVIDIA | $162,968 | $78.35 | 72 |
| 6 | Etsy | $160,052 | $76.95 | 4 |
| 7 | Apple | $159,933 | $76.89 | 98 |
| 8 | Waymo | $159,411 | $76.64 | 22 |
| 9 | Levi Strauss & Co. | $155,201 | $74.62 | 11 |
| 10 | SmartThings | $150,846 | $72.52 | 2 |
| 11 | F5 | $149,831 | $72.03 | 18 |
| 12 | Intuitive Surgical | $149,782 | $72.01 | 14 |
| 13 | Intuit | $149,546 | $71.90 | 193 |
| 14 | Walmart | $147,432 | $70.88 | 336 |
| 15 | Mercy Corps | $147,063 | $70.70 | 1 |
| 16 | Accenture | $145,806 | $70.10 | 1,385 |
| 17 | Western Digital | $143,919 | $69.19 | 2 |
| 18 | Williams Sonoma | $143,770 | $69.12 | 8 |
| 19 | AssetMark | $142,227 | $68.38 | 2 |
| 20 | Texas Instruments | $141,729 | $68.14 | 11 |
A good senior manager, product development 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 senior manager, product development job description:
To find the right senior manager, product development for your business, consider trying out a few different recruiting strategies:
During your first interview to recruit senior managers, product development, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
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 found the senior manager, product development 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.
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.
Recruiting senior managers, product development 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 $128,407 per year for a senior manager, product development, 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 senior managers, product development in the US typically range between $45 and $82 an hour.