Commercial Director Salary
|Salary||$48,122 - $171,148|
|Bonus||$4,919 - $47,849|
|Profit Sharing||$0.00 - $39,149|
|Total Pay (||$49,617 - $209,710|
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.
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Popular Skills for Commercial Director
Commercial Directors only report a few specific skills. Sales Management and Contract Negotiation are considered valuable skills and can increase employee pay by 7 percent and 4 percent, respectively. The majority of those who know Contract Negotiation also know Sales Management.
Pay by Experience Level for Commercial Director
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Substantial, six-figure paychecks show up early in this area; folks who have worked for fewer than five years report earning a median of $104K. Commercial Directors see a median salary of $157K after reaching one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $159K.
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Key Stats for Commercial Director
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