Director of Strategy Salary

Wages for Directors of Strategy in the United States are generous, with average pay above six figures ($127K) per year. In the world of Directors of Strategy, overall cash allowance can occasionally include more than $40K from bonuses and, in some exceptional cases, $31K from profit sharing, causing incomes to vary widely between $82K and $199K. Geography and tenure each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The majority of workers are highly satisfied with their job. Men make up the majority of Directors of Strategy (65 percent) survey respondents. Respondents to the PayScale salary survey provided the data for this report.

$79,383 - $171,793
(Median)
$79K
$130K
$170K
MEDIAN: $127,433
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Salary
$79,383 - $171,793  
   
Bonus
$2,036 - $39,769  
Profit Sharing
$2,540 - $30,639  
Commission
$5,000  
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).
)
$81,643 - $198,996  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 716
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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.

Common Career Paths for Director of Strategy


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Directors of Strategy may progress into high-paying roles like Senior Director of Strategy, where median compensation is $176K annually.

Director of Strategy Job Listings

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Popular Skills for Director of Strategy


Directors of Strategy seem to require a rather large skill set. Most notably, facility with Business Analysis, Strategy, and Business Strategy are correlated to pay that is significantly above average, leading to increases of 24 percent, 15 percent, and 6 percent, respectively. Those listing Social Media Marketing as a skill should be prepared for drastically lower pay. Web Marketing and Data Analysis also typically command lower compensation. 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.


Experience does not seem to be a strong driver of pay increase in this role. Six-figure salaries are not unusual for those just entering the occupation — survey respondents with less than five years' experience under their belts report receiving an average of $118K per year. Directors of Strategy with one to two decades of relevant experience report an average salary of approximately $152K. 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 $159K.

Pay Difference by Location

National Average: $140,890

Larger city markers indicate a job is popular in that location.

San Francisco offers some of the highest pay in the country for Directors of Strategy, 8 percent above the national average. Directors of Strategy will also find cushy salaries in Dallas (+7 percent), Seattle (+7 percent), Boston (+7 percent), and Denver (+6 percent). Directors of Strategy in Philadelphia take home the lowest salaries, earning a whopping 35 percent less than the national average. Two other places where employers offer below-median salaries are Washington (13 percent less) and Minneapolis (8 percent less).

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Experience Affects Director of Strategy Salaries



National Average
$141,000



Skills That Affect Director of Strategy Salaries

Business Analysis
up arrow 24%

Strategy
up arrow 15%


Strategic Planning
up arrow 4%

Business Development
up arrow 2%

Project Management
0%

People Management
0%

Financial Analysis
0%

National Average
$141,000

Marketing Communications
up arrow 1%

Research Analysis
up arrow 2%



Data Analysis
up arrow 11%

Web Marketing
up arrow 17%

Social Media Marketing
up arrow 24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 115 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
0%
1-4 years
10%
5-9 years
34%
10-19 years
46%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 86%
medical benefits
Vision: 75%
dental benefits
None: 4%
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