Director of Strategy Salary

Directors of Strategy in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $125K) surpassing six figures annually. Total cash compensation to Directors of Strategy approaches anywhere from $78K on the lower end to $194K on the higher end; in exceptional cases, this can include more than $38K from bonuses and upwards of $25K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by career duration. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Most Directors of Strategy report high levels of job satisfaction. Male Directors of Strategy who responded to the survey are more common than women; more than half (66 percent) are men. Respondents to the PayScale salary survey provided the data for this report.

$75,820 - $168,505

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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
$75,820 - $168,505  
   
Bonus
$1,933 - $37,575  
Profit Sharing
$2,440 - $24,861  
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).
)
$78,335 - $193,661  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 631
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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, 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. The majority of those 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. Salaries for the relatively untried average out to around $114K, but survey participants with five to 10 years of experience earn a significantly higher median of $131K. On average, Directors of Strategy make $149K following one to two decades on the job. 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 $156K.

Pay Difference by Location


San Jose offers some of the highest pay in the country for Directors of Strategy, 28 percent above the national average. Directors of Strategy can also look forward to large paychecks in cities like Seattle (+23 percent), San Francisco (+13 percent), Dallas (+10 percent), and Denver (+8 percent). Compared to the national average, Philadelphia Directors of Strategy have considerably lower salaries, 33 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Workers in Washington and Portland earn salaries that trail the national average for those in this profession (13 percent less and 5 percent less, 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 24%

Business Analysis
up arrow 18%



Business Development
up arrow 3%

Marketing Communications
up arrow 3%

Research Analysis
up arrow 2%

Financial Analysis
up arrow 1%

Project Management
0%

National Average
$138,000

People Management
up arrow 3%


Market Research
up arrow 10%

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 115 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
0%
1-4 years
10%
5-9 years
35%
10-19 years
44%
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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