Bid Manager Scorecard
This hiring scorecard has been designed to help you map out your requirements for your key Bid manager hire. Avoid costly hiring mistakes and make the right hire first time!
Are you looking to win more multi-year enterprise and public sector accounts?
Is your sales team struggling to find the time to put their best foot forward in big deals?
Then hiring a Bid Manager might be the solution.
A Bid Manager sits within the sales team (typically reporting into the VP of Sales or VP of Professional Services) and is responsible for creating and overseeing the full bid process from finding the right bids to compete on to developing and submitting an effective bid response, with aim of winning large-scale enterprise or public sector contracts.
At a smaller or medium-sized organisation, the bid manager role is typically a stand-alone function and they have to work cross-functionally with different teams from across the business, including sales, pre-sales, engineering and legal to effectively coordinate their response.
At larger organisations, a bid manager may oversee a bid management team in which specialisets undertake seperate parts of the bidding process (a team may include bid coordinators or bid/proposal writers).
The responsabilities will vary depending on the size of the employer, but typical tasks include:
Typical signs to consider whether it might be the right time to hire a bid/proposal manager include:
The biggest mistake many companies make is to hiring a junior person as their first bid manager that doesnt have the confidence to build strong internal relationships and have a clear understanding of the complexity of the bid process required to win big deals.
Instead, they should be hiring someone more experienced like a Bid Director who at first can step in as an individual contributor to respond to RFPs but then has the expertise to set up the processes and content needed to help the sales team drive predictable growth.
Typically some of the key skills needed for the role include:
Some good screening criteria to use when interviewing candidates include:
In relation to domain experience you shouldn’t discount candidates that don’t have experience in your particular sector as it’s common for bid managers to have worked for a variety of different companies. When hiring within the technology or SaaS market, where there can be quite complex technological requirements around data privacy and security, candidates should demonstrate a strong desire and ability to learn.
The salary and compensation on offer will vary depending on the maturity of your bid management team and the level of experience you are looking for. However, below is a breakdown of the the normal compensation for the different positions within bid management. This has been taken from our database, which includes several hunder bid and proposal proposal professionals across the UK and EMEA.
In addition to basic salary and OTE, most VC-backed tech startups and scaleups typically offer equity, usually fully vested over a 4 year period in the form of an option to buy shares at the company’s strike price when they joined the business.
UK & EMEA
Title | Salary |
Bid Director | £60-85k |
Bid Manager | £50-70k |
Bid Writer | £35-50k |
Bid Coordinator | £30-40k |
North America
Title | Salary |
Bid Director | $100-130k |
Bid Manager | $90-110k |
Bid Writer | $80-100k |
Bid Coordinator | $60-80k |
This hiring scorecard has been designed to help you map out your requirements for your key Bid manager hire. Avoid costly hiring mistakes and make the right hire first time!
We interviewed Christina Carter, Senior Proposal Manager on the Big Deals team at AWS, on how building a high-performing bid management function can help accelerate your growth.
We’re always looking to add to our teams, send us an email or message and we will get back to you.
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