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Stock manager hiring summary. Here are some key points about hiring stock managers in the United States:
Here's a step-by-step stock manager hiring guide:
A stock manager works in warehouses, manufacturing units, or retail stores. They maintain product inventories through computer systems. They are also responsible for receiving and sending shipments. This position requires a degree in business.
First, determine the employments status of the stock manager you need to hire. Certain stock manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
You should also consider the ideal background you'd like them a stock manager to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a stock manager that fits the bill.
Here's a comparison of stock manager salaries for various roles:
| Type of Stock Manager | Description | Hourly rate |
|---|---|---|
| Stock Manager | $41-78 | |
| Part-Time Key Manager | A part-time key manager is a senior manager employed to work part-time. Key managers are hired for their expertise and experience for business development and growth to increase revenues, production, and profits... Show more | $22-54 |
| Department Manager | Department managers oversee the operations of the department they are assigned to. They manage all aspects of the operation, including finance, sales, quality control, and human resources... Show more | $18-55 |
Including a salary range in your stock manager job description is one of the best ways to attract top talent. A stock manager can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $145,843 | $70 |
| 2 | Tennessee | $142,014 | $68 |
| 3 | New York | $137,556 | $66 |
| 4 | Michigan | $131,679 | $63 |
| 5 | Maryland | $130,535 | $63 |
| 6 | California | $128,234 | $62 |
| 7 | Pennsylvania | $127,885 | $61 |
| 8 | Virginia | $127,625 | $61 |
| 9 | North Carolina | $120,203 | $58 |
| 10 | Massachusetts | $119,842 | $58 |
| 11 | Nevada | $118,318 | $57 |
| 12 | Washington | $118,088 | $57 |
| 13 | Texas | $117,664 | $57 |
| 14 | Maine | $115,965 | $56 |
| 15 | Georgia | $115,241 | $55 |
| 16 | Wisconsin | $110,202 | $53 |
| 17 | Illinois | $109,457 | $53 |
| 18 | Minnesota | $109,352 | $53 |
| 19 | Ohio | $95,659 | $46 |
| 20 | Oklahoma | $93,594 | $45 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Michael Kors | $143,127 | $68.81 | 64 |
| 2 | Hy-Vee | $124,414 | $59.81 | 128 |
| 3 | Amazon | $119,077 | $57.25 | 57 |
| 4 | Revance Therapeutics | $117,887 | $56.68 | |
| 5 | VoloAgri | $89,587 | $43.07 | |
| 6 | Kering Americas Inc | $89,587 | $43.07 | 19 |
| 7 | Fabric.com | $87,850 | $42.24 | |
| 8 | Circle K | $83,899 | $40.34 | 545 |
| 9 | Kiva | $81,488 | $39.18 | |
| 10 | Jako Enterprises | $80,649 | $38.77 | 2 |
| 11 | Coupang | $79,248 | $38.10 | 2 |
| 12 | Prada USA Corporation | $76,986 | $37.01 | |
| 13 | Food City | $66,701 | $32.07 | 12 |
| 14 | Southern Glazer's | $51,163 | $24.60 | 2 |
| 15 | Retail | $51,145 | $24.59 | |
| 16 | Harbor Freight Tools | $43,950 | $21.13 | 928 |
A job description for a stock manager role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a stock manager job description:
To find the right stock manager for your business, consider trying out a few different recruiting strategies:
Your first interview with stock manager 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.
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 stock 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.
To prepare for the new stock manager 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.
There are different types of costs for hiring stock managers. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new stock manager employee.
Stock managers earn a median yearly salary is $120,096 a year in the US. However, if you're looking to find stock managers for hire on a contract or per-project basis, hourly rates typically range between $41 and $78.