Vice President (VP), Strategy Salary
The average pay for a Vice President (VP), Strategy is $147,138 per year. Skills that are associated with high pay for this job are Mergers and Acquisitions, New Business Development, Big Data Analytics, and Strategic Marketing. Most people in this job have more than five years' experience in related jobs.
|Salary||$86,744 - $201,053|
|Bonus||$5,000 - $61,207|
|Profit Sharing||$0.00 - $48,936|
|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).)
|$94,177 - $236,123|
Job Description for Vice President (VP), Strategy
Vice presidents (VP) of strategy delegate and review research on their target markets and create reports of which areas their company should pursue for further development. These VPs also lead their companies in deciding upon acquisitions, joint ventures, customer marketing, and financial modeling, and many are responsible for developing annual and multi-year strategies which outline the company's course to follow for years to come.Read More...
VPs of strategy often lead a team of customer research specialists, so strong management and leadership skills are of the utmost importance. They work very closely with other upper-management employees of their company and report directly to the company's president. Travel is often necessary in order to pursue new business ventures and meet with representatives from other companies to investigate these opportunities.
Requirements for the position may be strict. A four-year college degree is a minimum requirement, and most employers prefer candidates with advanced degrees. Many years of work experience, including five or more years in a management position, may also be required. Important skills include communication, knowledge of computer analytic software, and some background in data visualization.
Vice President (VP), Strategy Tasks
- Lead and develop strategic, tactical and operational initiatives.
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Pay by Experience Level for Vice President (VP), Strategy
Pay by Experience for a Vice President (VP), Strategy has a positive trend. An entry-level Vice President (VP), Strategy with less than 5 years of experience can expect to earn an average total compensation of $122,000 based on 23 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President (VP), Strategy with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $155,000 based on 71 salaries. An experienced Vice President (VP), Strategy which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $175,000 based on 111 salaries. A Vice President (VP), Strategy with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $182,000 based on 47 salaries.
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