Director of Strategy Salary

Directors of Strategy in the United States can look forward to a sizeable six-figure salary — around $126K per year on average. Cash earnings for Directors of Strategy — which occasionally include more than $40K from bonuses and more than $30K from profit sharing — stretch from around $81K to approximately $198K. Geography and career duration 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. Work is enjoyable for Directors of Strategy, who typically claim high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$78,399 - $176,437
$78K
$130K
$180K
MEDIAN: $126,103
10%
50%
90%

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$18.59 - $49.50
$44
MEDIAN: $44.22
50%

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$0$198K
Salary $78,399 - $176,437
Bonus $3,091 - $40,382
Profit Sharing $1,973 - $29,799
Commission $19,500
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).
)
$80,873 - $198,159
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 529
Hourly Data $0$49
Hourly Rate $44.22
Annual Data $0$198K
Bonus $3,091 - $40,382
Commission $19,500
Profit Sharing $1,973 - $29,799
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).
)
$80,873 - $198,159
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 5

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United States (change)

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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

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

Common Career Paths for Director of Strategy


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Directors of Strategy might see a strong upturn in salary after transitioning into upper-level roles such as Senior Director of Strategy, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $174K per year.

Director of Strategy Job Listings

Popular Skills for Director of Strategy


Directors of Strategy report using a large range of skills on the job. Most notably, facility with Business Analysis, Business Strategy, and Data Analysis are correlated to pay that is significantly above average, leading to increases of 27 percent, 7 percent, and 4 percent, respectively. Those listing Marketing Communications as a skill should be prepared for drastically lower pay. Social Media Marketing and Web Marketing also typically command lower compensation. Those educated in Business Strategy tend to be well versed in Project Management and Strategic Marketing.

Pay by Experience Level for Director of Strategy

Pay by Experience for a Director of Strategy has a positive trend. An entry-level Director of Strategy with less than 5 years of experience can expect to earn an average total compensation of $117,000 based on 80 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Director of Strategy with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $129,000 based on 227 salaries. An experienced Director of Strategy which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $150,000 based on 227 salaries. A Director of Strategy with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $154,000 based on 52 salaries.

Pay Difference by Location

National Average: $136,747

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

Surpassing the national average by 24 percent, Directors of Strategy in Boston receive some of the highest pay in the country. Directors of Strategy will also find cushy salaries in Charlotte (+21 percent), Los Angeles (+14 percent), San Francisco (+13 percent), and Chicago (+12 percent). Washington is home to the smallest salaries in the field, lagging the national average by 14 percent. Not at the bottom but still paying below the median are employers in Tampa and Indianapolis (8 percent less).

Related Job Salaries

Key Stats for Director of Strategy

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 62 votes.
Less than 1 year
0%
1-4 years
9%
5-9 years
33%
10-19 years
45%
20 years or more
13%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Director of Strategy Salaries

▲13%

▲10%

National Average
$137,000

▼6%

▼14%

Skills That Affect Director of Strategy Salaries

Business Analysis
▲27%




Research Analysis
▲1%

National Average
$137,000

People Management
▼1%


▼3%



Financial Analysis
▼15%


▼23%

Social Media Marketing
▼26%

Marketing Communications
▼41%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 62 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
0%
1-4 years
9%
5-9 years
33%
10-19 years
45%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 85%
vision benefits
Vision: 78%
no benefits
None: 4%
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