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Strategic project manager hiring summary. Here are some key points about hiring strategic project managers in the United States:
Here's a step-by-step strategic project manager hiring guide:
A strategic project manager is responsible for developing efficient project management methods to achieve the highest customer satisfaction and gain more revenue resources for the business. Strategic project managers analyze the current market trends, perform data and statistical analysis, and generate opportunities to close more business partnerships. They also coordinate with the marketing and sales team to identify effective marketing strategies to increase the brand's image in various market platforms and enhance sales performance. A strategic project manager handles company accounts and regularly connects with the client for project updates.
Before you start hiring a strategic project 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 strategic project 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.
This list shows salaries for various types of strategic project managers.
| Type of Strategic Project Manager | Description | Hourly rate |
|---|---|---|
| Strategic Project Manager | $35-72 | |
| Manager, Strategy | A 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 |
| Project Director | A project director is a professional responsible for supervising workers from various departments given specific tasks to complete a given project. They create a budget to complete a job while monitoring the amount of money spent to ensure that overspending is avoided... Show more | $33-77 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $136,517 | $66 |
| 2 | Washington | $136,350 | $66 |
| 3 | Michigan | $120,216 | $58 |
| 4 | Virginia | $119,288 | $57 |
| 5 | Massachusetts | $115,888 | $56 |
| 6 | New York | $114,944 | $55 |
| 7 | Georgia | $112,840 | $54 |
| 8 | Missouri | $112,030 | $54 |
| 9 | Nevada | $111,548 | $54 |
| 10 | New Jersey | $111,351 | $54 |
| 11 | Illinois | $107,516 | $52 |
| 12 | Minnesota | $105,780 | $51 |
| 13 | Wisconsin | $104,799 | $50 |
| 14 | Texas | $103,576 | $50 |
| 15 | Connecticut | $103,278 | $50 |
| 16 | North Carolina | $101,722 | $49 |
| 17 | Pennsylvania | $99,769 | $48 |
| 18 | Louisiana | $98,028 | $47 |
| 19 | Maryland | $96,388 | $46 |
| 20 | Florida | $95,387 | $46 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | McKinsey & Company Inc | $163,234 | $78.48 | 7 |
| 2 | Accenture | $142,628 | $68.57 | 1,342 |
| 3 | Ernst & Young | $133,169 | $64.02 | 542 |
| 4 | Hitachi Vantara | $131,114 | $63.04 | |
| 5 | AstraZeneca | $128,000 | $61.54 | 1 |
| 6 | GLG | $127,246 | $61.18 | 1 |
| 7 | TASER Self-Defense | $127,006 | $61.06 | 56 |
| 8 | Varian Medical Systems | $124,782 | $59.99 | |
| 9 | Goldman Sachs | $122,479 | $58.88 | 1 |
| 10 | Procore Technologies | $121,605 | $58.46 | 4 |
| 11 | CVS Health | $120,922 | $58.14 | 413 |
| 12 | Amazon | $120,670 | $58.01 | 887 |
| 13 | AbbVie | $120,168 | $57.77 | 105 |
| 14 | Alere | $119,463 | $57.43 | |
| 15 | Waystar | $116,338 | $55.93 | 7 |
| 16 | Uber Technologies | $116,179 | $55.86 | 2 |
| 17 | Citi | $116,102 | $55.82 | 18 |
| 18 | Faraday Technology | $115,974 | $55.76 | |
| 19 | Lucid Motors | $114,283 | $54.94 | 37 |
| 20 | The Home Depot | $111,598 | $53.65 | 14 |
A job description for a strategic project 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 strategic project manager job description:
To find the right strategic project manager for your business, consider trying out a few different recruiting strategies:
Recruiting strategic project 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 to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to 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 strategic project manager 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 strategic project 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 strategic project 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 strategic project manager employee.
You can expect to pay around $105,238 per year for a strategic project manager, 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 strategic project managers in the US typically range between $35 and $72 an hour.