Commercial Director Salary
|Salary||$47,467 - $177,256|
|Bonus||$4,938 - $48,329|
|Profit Sharing||$0.00 - $39,149|
|Total Pay (||$48,508 - $219,652|
Job Description for Commercial Director
Commercial directors are in charge of directing commercial endeavors for their organization. They are responsible for managing advertising efforts and interacting with staff and external individuals to increase brand loyalty and awareness. Commercial directors must identify product or services deficiencies and suggest changes. They must oversee these changes and help create methods to track progress. Generally, these directors lead a group of marketing, advertising, and sales professionals to reach company goals; this may require coaching, disciplining, and providing feedback to team members as necessary.Read More...
One of the commercial director's main functions is improve create strategies for improved sales and team management. They also conduct long-term planning and develop schedules according to goals and deadlines, as well as develop performance metrics and goals for their team. In all tasks, commercial directors must follow company procedures and privacy regulations as applicable. Typically, commercial directors report their progress to the chief executive officer in their organization.
A bachelor's degree in project management, commercial development, business analysis, or a related field is required for this position. Previous experience in a related position may be preferred, as may managerial experience. Commercial directors must have excellent organizational skills, work well in a team environment, and have a working knowledge of relevant business methodologies.
Commercial Director Tasks
- Oversee staff operations, business planning, budget development and expenditures toward achievement of objectives.
- Evaluate the financial aspects of product development, such as budgets, expenditures, research and development appropriations, and return-on-investment and profit-loss projections.
- Develop objectives, measurements and policies for the sales and business development departments.
- Plan and set the marketing and business development direction and strategy.
- Act as subject matter expert to senior leadership on issues relating to sales and business development.
Popular Skills for Commercial Director
Professional skills reported by Commercial Directors are few in number. Those who have experience with Sales Management, Contract Negotiation, and People Management can expect to be compensated well for these skills. Most people experienced in Contract Negotiation also know Sales Management.
Pay by Experience Level for Commercial Director
Pay by Experience for a Commercial Director has a positive trend. An entry-level Commercial Director with less than 5 years of experience can expect to earn an average total compensation of $92,000 based on 23 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commercial Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $116,000 based on 35 salaries. An experienced Commercial Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $161,000 based on 57 salaries. A Commercial Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $160,000 based on 34 salaries.
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Key Stats for Commercial Director
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