Senior Corporate Strategy Manager Salary
Median pay for Senior Corporate Strategy Managers in the United States lies in the neighborhood of $123K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. More than half of Senior Corporate Strategy Managers (65 percent) survey respondents are men. Medical benefits are awarded to almost all, and nearly all earn dental coverage. Job satisfaction for Senior Corporate Strategy Managers is high. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
|Salary||$74,987 - $161,096|
|Bonus||$5,106 - $40,547|
|Total Pay (||$78,861 - $184,411|
Job Description for Senior Corporate Strategy Manager
A senior corporate strategy manager oversees the implementation of policies and procedures related to the sale and marketing of brands, goods, and/or services. This manager must constantly gather relevant data, assess it for relevance and meaning, and then develop new plans or adjust existing strategies as necessary.Read More...
Typically, a senior corporate strategy manager works closely with market research teams to assess prospective areas of opportunity, as well as look at the effectiveness of existing strategies. Using reports and input from sales, distribution, advertising, and marketing departments, the senior strategy manager creates long-term plans to present branded goods and services to consumers They look at various costs and expenses involved, as well as forecast expected revenues. As a senior manager, the strategy manager normally has a department with subordinates that directly report to them, including junior strategy team members and data collectors.
Because so much of the strategy manager's job involves not only new initiatives, but adjusting or sunsetting existing strategies as well, a person in this position must have a strong background in finance, marketing, and distribution. Senior corporate strategy managers typically have extensive experience in strategy development as a head of marketing or finance teams within a corporate structure. These individuals normally have a master's-level education in business management, strategy, finance, or a related field as well.
Senior Corporate Strategy Manager Tasks
- Work with senior management to develop company business strategy plans.
- Manage multiple strategy analysis project teams.
- Evaluate merger and acquisition opportunities.
- Conduct market analysis to provide information about activities of competitors.
Pay by Experience Level for Senior Corporate Strategy Manager
Pay by Experience for a Senior Corporate Strategy Manager has a positive trend. An entry-level Senior Corporate Strategy Manager with less than 5 years of experience can expect to earn an average total compensation of $136,000 based on 24 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Corporate Strategy Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $139,000 based on 27 salaries. An experienced Senior Corporate Strategy Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $138,000 based on 19 salaries. A Senior Corporate Strategy Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $173,000 based on 25 salaries.
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