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Director of Strategy Salary

Six-figure salaries are the norm for Directors of Strategy in the United States, with median pay hovering around $138K per year. Total cash compensation to Directors of Strategy approaches anywhere from $78K on the lower end to $197K on the higher end; in exceptional cases, this can include more than $40K from bonuses and upwards of $25K from profit sharing. Geography and career duration each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. There are more male Directors of Strategy than female among those who completed the questionnaire, making up 67 percent. The data for this snapshot was collected from individuals who took PayScale's salary survey.
$74,358 - $170,015
(Median)
$74K
$120K
$170K
MEDIAN: $124,096
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
$74,358 - $170,015  
   
Bonus
$1,400 - $39,545  
Profit Sharing
$2,508 - $25,134  
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).
)
$77,916 - $196,924  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 568
United States (change)

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.

Director of Strategy Job Listings

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Popular Skills for Director of Strategy


Directors of Strategy seem to require a number of specific skills. Most notably, skills in Strategy, Business Strategy, Business Development, and Strategic Planning are correlated to pay that is above average, with boosts between 6 percent and 11 percent. At the other end of the pay range are skills like Web Marketing, Strategic Marketing, and People Management. Most people who know 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. Even the relatively untested can earn a lot; individuals who have been working for fewer than five years report a median six-figure salary of $117K per year. Directors of Strategy bring in $151K after working for 10 to 20 years. Directors of Strategy with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $157K.

Pay Difference by Location


Surpassing the national average by 22 percent, Directors of Strategy in Seattle receive some of the highest pay in the country. Directors of Strategy will also find cushy salaries in San Francisco (+14 percent), Austin (+14 percent), Dallas (+10 percent), and Denver (+7 percent). Directors of Strategy in Philadelphia earn salaries far below the national average by 33 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers also pay below the national average in Washington (13 percent lower) and Minneapolis (5 percent lower).

Related Job Salaries

Experience Affects Director of Strategy Salaries



National Average
$138,000



Skills That Affect Director of Strategy Salaries

Strategy
up arrow 11%




Project Management
up arrow 3%

National Average
$138,000

Marketing Communications
up arrow 1%

Market Research
up arrow 3%

People Management
up arrow 7%


Web Marketing
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 134 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

1-4 years
9%
5-9 years
34%
10-19 years
46%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 86%
vision benefits Vision: 73% employee benefits None: 5%