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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. Including potential for bonuses and profit sharing — peaking near $39K and $25K, respectively — total cash payment to Directors of Strategy can bottom out near $80K or peak near $197K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by experience level. The majority of Directors of Strategy claim high levels of job satisfaction. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Male Directors of Strategy are more prevalent than women among those who took the survey — 66 percent of professionals. The information for this snapshot was generated by responses to the PayScale salary survey.

$76,638 - $170,287
(Median)
$77K
$120K
$170K
MEDIAN: $124,956
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
$76,638 - $170,287  
   
Bonus
$1,953 - $39,208  
Profit Sharing
$2,453 - $25,083  
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).
)
$79,649 - $196,789  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 624

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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

  • 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 results imply that Directors of Strategy deploy a substantial tool kit of skills at work. Most notably, facility with Strategy, Business Analysis, and Business Strategy are correlated to pay that is significantly above average, leading to increases of 26 percent, 17 percent, and 7 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 a lot of experience do not necessarily enjoy more money. Annually raking in $117K, the average professional in this position sees a six-figure salary within the first five years. Directors of Strategy who work for 10 to 20 years in their occupation tend to earn about $150K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $155K.

Pay Difference by Location


San Jose is home to an above-average pay rate for Directors of Strategy, 36 percent higher than the national average. Directors of Strategy can also look forward to large paychecks in cities like Seattle (+26 percent), San Francisco (+11 percent), Los Angeles (+10 percent), and Dallas (+9 percent). Location significantly influences compensation, with Philadelphia Directors of Strategy earning much less — 33 percent less — than the national average. Employers in Washington and Minneapolis also lean toward paying below-median salaries (13 percent lower and 6 percent lower, respectively).

Related Job Salaries

United States (change)

Experience Affects Director of Strategy Salaries



National Average
$138,000



Skills That Affect Director of Strategy Salaries

Strategy
up arrow 26%

Business Analysis
up arrow 17%



Business Development
up arrow 4%

Marketing Communications
up arrow 4%

Project Management
up arrow 1%

Research Analysis
up arrow 1%

National Average
$138,000

People Management
up arrow 2%

Market Research
up arrow 5%


Web Marketing
up arrow 14%

Social Media Marketing
up arrow 18%

Data Analysis
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 129 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
0%
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%
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