Project managers are essential to the success of any organization, although their roles are difficult to define and convenient to overlook. Most businesses put off hiring a project manager because it appears to be superfluous—until they learn that it is suddenly and brutally necessary. What steps can you take to prevent this error as a new or expanding business? When it comes to recruiting project managers, you need to have a clear picture of what you're looking for and how you're going to get there, but there are some helpful suggestions to guide you along the way.
It is a project manager's job to oversee a project from beginning to end. Engineering, IT, software, and many other fields employ project managers. As the critical decision-maker for their projects, project managers can be in charge of small or large teams. They're in charge of everything from the budget to the timeline to the product's quality. A project manager can be a valuable asset to any company with frequent initiatives that need to be managed and guided. Project and task management may seem unnecessary in a small company. Employees are solely responsible for managing their tasks, and they do so on a day-to-day basis. But as your team size becomes incrementally larger than what it used to be, along with an increase in budget, it makes perfect sense to hire a project manager to ensure that everything goes as smoothly as possible. From the beginning to the end, a project manager's job is about meeting deadlines and staying under budget. In-house teams, departments, and even clients or end-users can all benefit from having a project manager on their team. Here are some of the responsibilities a project manager might assume:
Typically, companies begin looking for project managers when they are already in desperate need of one—when they start feeling like their projects are lagging behind schedule. It is getting complicated to measure each team member's contribution, or when they begin to retain clients or attract new ones, which increases clutter, to name a few examples. This is unfortunate since inefficiencies have plagued these businesses, and all these efficiencies can be fixed with the help of a project manager. It is crucial for the growth of your business to start looking for a project manager before you need one. It is not imperative to hire someone full-time if it is beyond the scope of your work. You can hire project managers on a contract basis.
Hiring the ideal project manager can alter your company's growth trajectory. When hiring for a role as important as a project manager, you must realize that you might have to go slightly off-book. You must not shy away from hiring someone who does not seem perfect on paper but seems like an excellent fit in person. It would be best if you took your time in making this decision. By following the following procedures, you can maximize the likelihood of finding the most qualified project manager for your particular circumstance:
The majority of businesses hire in-house project managers on a salary basis. According to national data compiled by Indeed, the typical income for project managers is roughly $75k per year on average. According to the data, it is evident that salaries vary a lot depending upon the industry you’re working in and can even go into high six figures. Some companies may also offer bonuses to project managers who complete projects on time and within budget and a profit-sharing structure for initiatives that generate revenue. However, depending on your needs and budget, there are a variety of additional models like flat-rate pricing, revenue-sharing, or hourly pricing for compensating project managers that you might consider.
Atidan has access to the largest talent pool in the world with a proven track record of customer satisfaction. Atidan provides result-oriented staffing services so that you can focus on your running business. We have highly experienced recruiters with a strong technical background across North America, the EU, and APAC time zones. Atidan boasts of high retention rates for all vetted candidates. With the help of guidance from our dedicated project managers and experts, the team built for you will deliver consistently. With over eight years of experience in staffing and global offices in the USA, UK, India, SEA, and success stories across various industries, Atidan can manage all your hiring needs. Atidan’s expert consultants will work actively with your business process managers, IT staff, and executive leadership to identify your requirements and help you reach your business goals.