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Director of Strategy Salary

Directors of Strategy in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $125K) surpassing six figures annually. Total cash compensation to Directors of Strategy bottoms out near $80K and approaches $197K on the high end; the biggest paychecks include approximately $39K from bonuses and almost $25K from profit sharing. Geographic location and experience level each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Men make up the majority of Directors of Strategy (67 percent) survey respondents. Work is enjoyable for Directors of Strategy, who typically claim high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.

$76,403 - $170,137
(Median)
$76K
$130K
$170K
MEDIAN: $125,272
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
$76,403 - $170,137  
   
Bonus
$1,976 - $39,308  
Profit Sharing
$2,447 - $25,111  
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).
)
$79,764 - $197,073  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 619

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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


Survey takers working as Directors of Strategy report using a large range of professional skills. Most notably, facility with Strategy, Business Analysis, and Business Strategy are correlated to pay that is significantly above average, leading to increases of 24 percent, 16 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 experienced in 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.


Directors of Strategy with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. New workers enjoy hefty six-figure paychecks when they take on this position — $118K per year is the median for people who claim less than five years' experience. Directors of Strategy bring in $150K after working for 10 to 20 years. Directors of Strategy who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $157K on average.

Pay Difference by Location


For Directors of Strategy, busy San Jose offers a higher-than-average pay rate, 35 percent above the national average. Directors of Strategy will also find cushy salaries in Seattle (+26 percent), Boston (+10 percent), Dallas (+9 percent), and San Francisco (+7 percent). Location significantly influences compensation, with Philadelphia Directors of Strategy earning much less — 35 percent less — than the national average. Employers also pay below the national average in Charlotte (20 percent lower) and Washington (14 percent lower).

Related Job Salaries

United States (change)

Experience Affects Director of Strategy Salaries



National Average
$140,000



Skills That Affect Director of Strategy Salaries

Strategy
up arrow 24%

Business Analysis
up arrow 16%



Project Management
up arrow 4%

Business Development
up arrow 4%

Marketing Communications
up arrow 2%

People Management
0%

Research Analysis
0%

National Average
$140,000

Market Research
up arrow 2%


Web Marketing
up arrow 15%

Social Media Marketing
up arrow 19%

Data Analysis
up arrow 21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 133 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
0%
1-4 years
9%
5-9 years
34%
10-19 years
45%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 85%
vision benefits Vision: 73% employee benefits None: 5%