Average Corporate Strategy Analyst Salary in United States for 2024

In this article, we will look at the average Corporate Strategy Analyst salary for 2024 in United States and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Corporate Strategy Analyst Make in United States?

A Corporate Strategy Analyst working in United States will typically earn around 114,300 USD per year, and this can range from the lowest average salary of about 54,700 USD to the highest average salary of 183,600 USD.

Average Annual Salary
114,300 USD
Average Monthly Salary
9,525 USD

Lowest Annual Salary
54,700 USD
Lowest Monthly Salary
4,558 USD

Highest Annual Salary
183,600 USD
Highest Monthly Salary
15,300 USD

These are average salaries for a Corporate Strategy Analyst in United States and include benefits such as housing and transport. It's also possible for a Corporate Strategy Analyst to earn more or less than the average salaries shown above.

Corporate Strategy Analyst salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Corporate Strategy Analyst Salaries in United States

So we've looked at the average salaries a Corporate Strategy Analyst will earn in United States. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Corporate Strategy Analyst can earn between 54,700 USD and 183,600 USD on average in United States. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Corporate Strategy Analyst in United States is 124,500 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 124,500 USD, and 50% of the population earn more than 124,500 USD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Corporate Strategy Analyst salary in United States, 25% of the population are earning less than 80,700 USD while 75% of the population earn more than 80,700 USD.

75% of the population earn less than 164,100 USD, and 25% of the population earn more than 164,100 USD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Corporate Strategy Analyst Salary by Experience Level in United States

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average corporate strategy analyst salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Corporate Strategy Analyst in United States that has less than two years of experience can expect to earn somewhere in the region of 63,500 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Corporate Strategy Analyst salary would increase to 86,100 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Corporate Strategy Analyst, the average salary would be 125,400 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 151,800 USD.
  • 15 - 20 Years Experience. A Corporate Strategy Analyst with 15 to 20 years of experience can earn an average of 158,700 USD.
  • 20+ Years Experience. For a Corporate Strategy Analyst with more than 20 years, the expected average salary increases to 172,100 USD.

Average Salary by Experience Chart

0-2 Years
63,500 USD
2-5 Years +38%
86,100 USD
5-10 Years +42%
125,400 USD
10-15 Years +22%
151,800 USD
15-20 Years +6%
158,700 USD
20+ Years +9%
172,100 USD

Corporate Strategy Analyst Salary by Education Level in United States

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Corporate Strategy Analyst in United States based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Corporate Strategy Analyst in United States with a high school education can earn an average salary of 76,800 USD.

  • Certificate or Diploma. A Corporate Strategy Analyst in United States with a certificate or diploma education can earn an average salary of 92,000 USD.

  • Bachelor's Degree. A Corporate Strategy Analyst in United States with a bachelor's degree education can earn an average salary of 130,400 USD.

  • Master's Degree. A Corporate Strategy Analyst in United States with a master's degree education can earn an average salary of 172,100 USD.

Average Salary by Education Chart

High School
76,800 USD
Certificate or Diploma +17%
92,000 USD
Bachelor's Degree +45%
130,400 USD
Master's Degree +31%
172,100 USD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in United States is around 39,500 to 118,000 USD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Corporate Strategy Analyst Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In United States, a male corporate strategy analyst will earn an average of 118,900 USD, while a female corporate strategy analyst will earn around 114,600 USD.

This means that a male corporate strategy analyst earns approximately 4% more than a female corporate strategy analyst for performing the same job.

Average Salary by Gender Chart in United States

Male
118,900 USD
Female -4%
114,600 USD

Corporate Strategy Analyst Average Pay Raise in United States

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Corporate Strategy Analyst in United States is around 13% every 15 months.

The national average pay raise across all professions and industries in United States is around 8% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 15 ) × 12  = 10%

What this means is that a Corporate Strategy Analyst in United States can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in United States for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in United States.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Corporate Strategy Analyst Bonus and Incentive Rates in United States

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Corporate Strategy Analyst is a high bonus based job, with 85% of employees reporting at least one bonus in the last 12 months.

15% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
85%
No Bonus
15%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in United States earn approximately 6% more than private sector employees in the same role.

Public Sector
98,800 USD
Private Sector -6%
93,100 USD

Salaries for Jobs Similar to a Corporate Strategy Analyst

In the table below, we have salary information for jobs that are similar to a Corporate Strategy Analyst in United States.

Job Title Category Salary
Assistant Business Development Manager Business Planning 132,000 USD
Assistant Merchandise Planner Business Planning 70,500 USD
Business Advisor Business Planning 124,500 USD
Business Analyst Business Planning 123,800 USD
Business Consultant Business Planning 114,900 USD
Business Continuity Associate Business Planning 71,400 USD
Business Developer Business Planning 73,100 USD
Business Development Analyst Business Planning 83,100 USD
Business Development Associate Business Planning 64,300 USD
Business Development Coordinator Business Planning 63,500 USD
Business Development Director Business Planning 168,700 USD
Business Development Engineer Business Planning 98,800 USD
Business Development Executive Business Planning 117,100 USD
Business Development Manager Business Planning 148,300 USD
Business Development Specialist Business Planning 114,900 USD
Business Manager Business Planning 137,100 USD
Business Operations Specialist Business Planning 114,900 USD
Business Process Writer Business Planning 69,400 USD
Business Systems Analyst Business Planning 116,400 USD
Capacity Planner Business Planning 86,600 USD
Capacity Planning Supervisor Business Planning 109,000 USD
Change Communications Analyst Business Planning 105,200 USD
Change Control Analyst Business Planning 109,700 USD
Change Impact Analyst Business Planning 114,900 USD
Contracts Executive Business Planning 114,300 USD
Cost Control Engineer Business Planning 75,000 USD
Cost Controller Business Planning 87,700 USD
Cost Estimator Business Planning 75,000 USD
Data Executive Business Planning 58,800 USD
Data Manager Business Planning 87,800 USD
Data Processing Manager Business Planning 105,800 USD
Development Researcher Business Planning 88,300 USD
Director of Business Development Business Planning 160,600 USD
Director of Production Planning Business Planning 139,100 USD
Due Diligence Analyst Business Planning 127,600 USD
Estimating Manager Business Planning 127,600 USD
General Manager Business Planning 140,700 USD
Incident Handler Business Planning 79,800 USD
Incident Specialist Business Planning 103,600 USD
Lean Consultant Business Planning 91,600 USD
Manager Business Planning 156,200 USD
Marketing and Business Development Manager Business Planning 142,100 USD
Materials Planner Business Planning 54,300 USD
Merchandise Assistant Business Planning 49,200 USD
Merchandise Controller Business Planning 49,300 USD
Merchandise Planner Business Planning 50,500 USD
Operations Analyst Business Planning 112,700 USD
Operations Manager Business Planning 124,500 USD
Operations Research Analyst Business Planning 70,000 USD
Planning and Reporting Manager Business Planning 127,700 USD
Planning Director Business Planning 153,800 USD
Project Administrator Business Planning 71,900 USD
Project Manager Business Planning 125,400 USD
Project Planner Business Planning 76,800 USD
Research Assistant Business Planning 63,900 USD
Research Engineer Business Planning 75,800 USD
Research Officer Business Planning 58,700 USD
Risk Management Specialist Business Planning 108,200 USD
Scholarship Coordinator Business Planning 58,200 USD
Store Planner Business Planning 54,100 USD
Strategy Director Business Planning 161,300 USD
Top Research and Development Executive Business Planning 177,200 USD

Salary Comparison by City

If you want to compare salaries with different cities in United States, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Atlanta 115,600 USD
Austin 127,700 USD
Baltimore 114,600 USD
Boston 125,400 USD
Bristol 92,900 USD
Chicago 138,700 USD
Cincinnati 100,300 USD
Cleveland 109,700 USD
Dallas 137,100 USD
Denver 130,400 USD
Detroit 123,800 USD
Honolulu 100,100 USD
Houston 146,700 USD
Indianapolis 128,200 USD
Iowa City 94,500 USD
Jacksonville 130,400 USD
Kansas City 116,400 USD
Kent 103,600 USD
Las Vegas 115,600 USD
Long Beach 115,600 USD
Los Angeles 141,000 USD
Memphis 116,400 USD
Miami 107,300 USD
Minneapolis 114,900 USD
New Orleans 102,700 USD
New York 151,800 USD
Oakland 109,000 USD
Oklahoma City 118,900 USD
Orlando 98,300 USD
Philadelphia 142,300 USD
Phoenix 142,300 USD
Sacramento 116,400 USD
San Antonio 132,000 USD
San Diego 140,700 USD
San Francisco 130,500 USD
San Jose 130,500 USD
Seattle 132,000 USD
Tampa 105,800 USD
Vancouver 96,800 USD
Washington D.C. 121,800 USD

Salary Comparison by State

The table below includes links to the average salary for each state in United States.

City Average Salary
Alabama 118,900 USD
Alaska 109,700 USD
Arizona 134,700 USD
Arkansas 117,100 USD
California 141,000 USD
Colorado 118,900 USD
Connecticut 121,800 USD
Delaware 107,300 USD
District of Columbia 109,000 USD
Florida 141,000 USD
Georgia 128,400 USD
Hawaii 114,300 USD
Idaho 109,700 USD
Illinois 134,700 USD
Indiana 121,800 USD
Iowa 115,600 USD
Kansas 123,000 USD
Kentucky 118,900 USD
Louisiana 125,400 USD
Maine 107,700 USD
Maryland 127,700 USD
Massachusetts 130,400 USD
Michigan 130,500 USD
Minnesota 128,200 USD
Mississippi 114,600 USD
Missouri 128,200 USD
Montana 107,300 USD
Nebraska 114,900 USD
Nevada 121,800 USD
New Hampshire 108,200 USD
New Jersey 132,000 USD
New Mexico 111,700 USD
New York 134,700 USD
North Carolina 125,400 USD
North Dakota 107,300 USD
Ohio 137,100 USD
Oklahoma 115,600 USD
Oregon 123,000 USD
Pennsylvania 127,600 USD
Rhode Island 109,700 USD
South Carolina 127,600 USD
South Dakota 109,000 USD
Tennessee 130,500 USD
Texas 130,400 USD
Utah 115,600 USD
Vermont 103,600 USD
Virginia 130,500 USD
Washington 132,000 USD
West Virginia 112,700 USD
Wisconsin 127,600 USD
Wyoming 103,600 USD

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