Director of Strategy Salary

Directors of Strategy receive generous compensation in the United States — earning an average of $124K per year, their standard salaries shoot well into the six-figure range. In the world of Directors of Strategy, overall income ranges from $78K near the bottom to $194K at the top; this can include more than $36K from bonuses and more than $25K from profit sharing in exceptional cases. Geographic location and career length each impact pay for this group, with the former having the largest influence. Male Directors of Strategy are more prevalent than women among those who took the survey — 66 percent of professionals. Work is enjoyable for Directors of Strategy, who typically claim high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. This report is based on responses to the PayScale salary survey.

$75,967 - $168,690
(Median)
$76K
$120K
$170K
MEDIAN: $124,498
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$75,967 - $168,690  
   
Bonus
$1,915 - $36,487  
Profit Sharing
$2,432 - $24,889  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$78,252 - $193,613  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 626
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Job Description for Director of Strategy

A director of strategy plans their company's overarching goals and vision. They work with other managers in the organization to achieve these goals using research, planning, and evaluation. A typical work day for a director of strategy involves a good deal of research. The director identifies trends in the market, forecasts patterns, researches the actions of competitors, and eventually formulates cohesive strategies based on this research. The final result of this research and observation is a cohesive strategy and plans that the director of strategy presents to the leaders of the company for approval. The director of strategy may also be responsible for planning training for lower-level employees in their organization as well. A director of strategy generally works full time for a single business, although they may also operate as a consultant for multiple companies on a contract basis. The director of strategy frequently works independently, although the director of strategy eventually meets with various business managers and leaders to present information and strategy.

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Director of Strategy Tasks

  • Identify and clarify business development needs and objectives.
  • Monitor progress of the firm and competition to ensure that strategic goals and benchmarks are met.
  • Advise department heads and senior management on strategic initiatives.

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Popular Skills for Director of Strategy


Directors of Strategy seem to wield many skills on the job. Most notably, facility with Strategy, Business Analysis, and Strategic Planning are correlated to pay that is significantly above average, leading to increases of 27 percent, 18 percent, and 6 percent, respectively. Those listing Data Analysis as a skill should be prepared for drastically lower pay. Social Media Marketing and Web Marketing also typically command lower compensation. Most people familiar with Business Strategy also know Project Management and Strategic Marketing.

Pay by Experience Level for Director of Strategy

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Directors of Strategy, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Individuals who have worked for fewer than five years report earning $114K on average, a generous six-figure sum for those just starting out. Directors of Strategy with one to two decades of relevant experience report an average salary of approximately $149K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $156K.

Pay Difference by Location


For Directors of Strategy, busy Seattle offers a higher-than-average pay rate, 23 percent above the national average. Directors of Strategy will also find cushy salaries in San Francisco (+13 percent), Dallas (+10 percent), Denver (+8 percent), and San Antonio (+5 percent). The lowest-paying market is Philadelphia, which sits 33 percent below the national average, proving that location is a significant contributor to overall pay. Employers in Washington and Charlotte also lean toward paying below-median salaries (13 percent lower and 9 percent lower, respectively).

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Experience Affects Director of Strategy Salaries



National Average
$138,000



Skills That Affect Director of Strategy Salaries

Strategy
up arrow 27%

Business Analysis
up arrow 18%



Business Development
up arrow 3%

Marketing Communications
up arrow 3%

Research Analysis
up arrow 2%

Project Management
up arrow 1%

National Average
$138,000

People Management
up arrow 3%


Market Research
up arrow 11%

Web Marketing
up arrow 16%

Social Media Marketing
up arrow 18%

Data Analysis
up arrow 37%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 116 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
0%
1-4 years
10%
5-9 years
34%
10-19 years
45%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 86%
vision benefits Vision: 74% employee benefits None: 5%
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