Strategic Planning Manager Salary

For Strategic Planning Managers, annual average wages total $93K per year. Cash earnings for Strategic Planning Managers — including $23K in bonuses and $14K in profit sharing proceeds near the top of the pay scale — generally stretch from $61K to $141K depending on individual performance. Geographic location and career length each impact pay for this group, with the former having the largest influence. Work is enjoyable for Strategic Planning Managers, who typically claim high levels of job satisfaction. Male Strategic Planning Managers are more prevalent than women among those who took the survey — 66 percent of professionals. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.

$60,893 - $127,016
(Median)
$61K
$93K
$130K
MEDIAN: $93,195
10%
50%
90%

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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$50K$100K$150K
Salary
$60,893 - $127,016  
   
Bonus
$927 - $22,566  
Profit Sharing
$1,011 - $13,500  
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).
)
$60,738 - $140,583  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 465
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Job Description for Strategic Planning Manager

Strategic planning managers lead their organization's overall strategic planning effort. They consult with senior managers to analyze past performance and determine the organization's best way forward - for example, in the management of mergers and acquisitions and the direction of the company's research and development. Additionally, strategic planning managers may have a large number of direct reports, and the manager must provide guidance and discipline for these employees. They must be able to conduct forecasting, helping senior leaders determine the best opportunities for growth within the business. They lead growth initiatives and may develop plans to purchase companies that would provide an opportunity for growth. This position is generally full time and takes place in an office setting, although travel may be required depending on the needs of the business.

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Strategic Planning Manager Tasks

  • Perform data analysis to support investment and financial decisions.
  • Manage company investment portfolios and propose plans for improving investments.
  • Work with company management to develop business strategies.
  • Evaluate and contribute to the execution of mergers and acquisitions.

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Popular Skills for Strategic Planning Manager


Strategic Planning Managers generally report applying a varied skill set to their work. Most notably, skills in Business Analysis, Financial Analysis, Business Strategy, and Oral / Verbal Communication are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Project Management, Strategic Project Management, and Data Analysis. For most people, competency in Data Analysis indicates knowledge of Project Management.

Pay by Experience Level for Strategic Planning Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


More years of relevant experience do not necessarily translate to higher paychecks. Survey participants with less than five years' experience pocket $81K on average, but those with five to 10 years of experience enjoy a much bigger median of $98K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $110K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $118K.

Pay Difference by Location

National Average: $99,406

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

San Francisco is home to an above-average pay rate for Strategic Planning Managers, 17 percent higher than the national average. Strategic Planning Managers will also find cushy salaries in Washington (+16 percent), Houston (+15 percent), Portland (+13 percent), and Los Angeles (+5 percent). Place of residence plays a huge part in a Strategic Planning Manager's salary, with St. Louis Strategic Planning Managers earning salaries that are 21 percent less than the national average. A couple other locations with smaller-than-average paychecks include Chicago (19 percent lower) and New York (12 percent lower).

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Experience Affects Strategic Planning Manager Salaries

Late-Career
up arrow 19%


National Average
$99,000



Skills That Affect Strategic Planning Manager Salaries

Business Analysis
up arrow 5%

Financial Analysis
up arrow 3%

Business Strategy
0%

National Average
$99,000

Oral / Verbal Communication
up arrow 1%

Strategic Planning
up arrow 2%

Data Analysis
up arrow 4%

Strategic Project Management
up arrow 6%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 69 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
0%
1-4 years
21%
5-9 years
38%
10-19 years
29%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 86%
medical benefits
Vision: 73%
dental benefits
None: 4%
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