Average Strategy Director Salary in Aruba for 2024

In this article, we will look at the average Strategy Director salary for 2024 in Aruba 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 Aruban florin. To keep things simple, we are using the AWG currency code instead of the currency symbol ฦ’.

How Much Does a Strategy Director Make in Aruba?

A Strategy Director working in Aruba will typically earn around 43,800 AWG per year, and this can range from the lowest average salary of about 22,420 AWG to the highest average salary of 72,360 AWG.

Average Annual Salary
43,800 AWG
Average Monthly Salary
3,650 AWG

Lowest Annual Salary
22,420 AWG
Lowest Monthly Salary
1,868 AWG

Highest Annual Salary
72,360 AWG
Highest Monthly Salary
6,030 AWG

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

Strategy Director 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 Strategy Director Salaries in Aruba

So we've looked at the average salaries a Strategy Director will earn in Aruba. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Strategy Director can earn between 22,420 AWG and 72,360 AWG on average in Aruba. 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 Strategy Director in Aruba is 47,760 AWG. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 47,760 AWG, and 50% of the population earn more than 47,760 AWG.

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 Strategy Director salary in Aruba, 25% of the population are earning less than 31,380 AWG while 75% of the population earn more than 31,380 AWG.

75% of the population earn less than 58,720 AWG, and 25% of the population earn more than 58,720 AWG.

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.

Strategy Director Salary by Experience Level in Aruba

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 strategy director 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 Strategy Director in Aruba that has less than two years of experience can expect to earn somewhere in the region of 25,720 AWG.
  • 2 - 5 Years Experience. With two to five years of experience the average Strategy Director salary would increase to 34,480 AWG.
  • 5 - 10 Years Experience. From five to ten years of experience as a Strategy Director, the average salary would be 48,140 AWG.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 57,620 AWG.
  • 15 - 20 Years Experience. A Strategy Director with 15 to 20 years of experience can earn an average of 63,700 AWG.
  • 20+ Years Experience. For a Strategy Director with more than 20 years, the expected average salary increases to 66,100 AWG.

Average Salary by Experience Chart

0-2 Years
25,720 AWG
2-5 Years +29%
34,480 AWG
5-10 Years +38%
48,140 AWG
10-15 Years +24%
57,620 AWG
15-20 Years +7%
63,700 AWG
20+ Years +7%
66,100 AWG

Strategy Director Salary by Education Level in Aruba

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 Strategy Director in Aruba 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 Strategy Director in Aruba with a high school education can earn an average salary of 31,520 AWG.

  • Certificate or Diploma. A Strategy Director in Aruba with a certificate or diploma education can earn an average salary of 39,640 AWG.

  • Bachelor's Degree. A Strategy Director in Aruba with a bachelor's degree education can earn an average salary of 52,540 AWG.

  • Master's Degree. A Strategy Director in Aruba with a master's degree education can earn an average salary of 66,020 AWG.

Average Salary by Education Chart

High School
31,520 AWG
Certificate or Diploma +15%
39,640 AWG
Bachelor's Degree +35%
52,540 AWG
Master's Degree +26%
66,020 AWG

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 Aruba is around 11,300 to 33,900 AWG 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.

Strategy Director 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 Aruba, a male strategy director will earn an average of 46,040 AWG, while a female strategy director will earn around 43,220 AWG.

This means that a male strategy director earns approximately 7% more than a female strategy director for performing the same job.

Average Salary by Gender Chart in Aruba

Male
46,040 AWG
Female -7%
43,220 AWG

Strategy Director Average Pay Raise in Aruba

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 Strategy Director in Aruba is around 11% every 28 months.

The national average pay raise across all professions and industries in Aruba is around 5% every 28 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 = ( 11 ÷ 28 ) × 12  = 5%

What this means is that a Strategy Director in Aruba can expect to receive an average pay raise of around 5% every 12 months.

Annual Pay Raise by Industry in Aruba for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Strategy Director Bonus and Incentive Rates in Aruba

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 Strategy Director is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% 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
65%
No Bonus
35%

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 Aruba earn approximately 14% more than private sector employees in the same role.

Public Sector
27,480 AWG
Private Sector -14%
24,200 AWG

Salaries for Jobs Similar to a Strategy Director

In the table below, we have salary information for jobs that are similar to a Strategy Director in Aruba.

Job Title Category Salary
Assistant Business Development Manager Business Planning 36,160 AWG
Assistant Merchandise Planner Business Planning 19,940 AWG
Business Advisor Business Planning 35,340 AWG
Business Analyst Business Planning 35,340 AWG
Business Consultant Business Planning 34,360 AWG
Business Continuity Associate Business Planning 21,400 AWG
Business Developer Business Planning 21,300 AWG
Business Development Analyst Business Planning 23,140 AWG
Business Development Associate Business Planning 17,860 AWG
Business Development Coordinator Business Planning 19,480 AWG
Business Development Director Business Planning 48,160 AWG
Business Development Engineer Business Planning 26,780 AWG
Business Development Executive Business Planning 35,340 AWG
Business Development Manager Business Planning 45,620 AWG
Business Development Specialist Business Planning 30,700 AWG
Business Manager Business Planning 42,320 AWG
Business Operations Specialist Business Planning 31,960 AWG
Business Process Writer Business Planning 21,100 AWG
Business Systems Analyst Business Planning 33,520 AWG
Capacity Planner Business Planning 24,280 AWG
Capacity Planning Supervisor Business Planning 31,960 AWG
Change Communications Analyst Business Planning 29,600 AWG
Change Control Analyst Business Planning 34,080 AWG
Change Impact Analyst Business Planning 32,900 AWG
Contracts Executive Business Planning 34,360 AWG
Corporate Strategy Analyst Business Planning 34,160 AWG
Cost Control Engineer Business Planning 21,300 AWG
Cost Controller Business Planning 27,040 AWG
Cost Estimator Business Planning 22,540 AWG
Data Executive Business Planning 17,760 AWG
Data Manager Business Planning 24,720 AWG
Data Processing Manager Business Planning 30,700 AWG
Development Researcher Business Planning 25,720 AWG
Director of Business Development Business Planning 48,160 AWG
Director of Production Planning Business Planning 42,320 AWG
Due Diligence Analyst Business Planning 36,940 AWG
Estimating Manager Business Planning 36,020 AWG
General Manager Business Planning 43,480 AWG
Incident Handler Business Planning 26,020 AWG
Incident Specialist Business Planning 30,220 AWG
Lean Consultant Business Planning 25,160 AWG
Manager Business Planning 42,960 AWG
Marketing and Business Development Manager Business Planning 40,640 AWG
Materials Planner Business Planning 13,100 AWG
Merchandise Assistant Business Planning 17,020 AWG
Merchandise Controller Business Planning 17,260 AWG
Merchandise Planner Business Planning 14,540 AWG
Operations Analyst Business Planning 31,400 AWG
Operations Manager Business Planning 37,740 AWG
Operations Research Analyst Business Planning 21,020 AWG
Planning and Reporting Manager Business Planning 34,380 AWG
Planning Director Business Planning 46,160 AWG
Project Administrator Business Planning 23,400 AWG
Project Manager Business Planning 36,020 AWG
Project Planner Business Planning 21,300 AWG
Research Assistant Business Planning 19,200 AWG
Research Engineer Business Planning 20,000 AWG
Research Officer Business Planning 17,540 AWG
Risk Management Specialist Business Planning 35,500 AWG
Scholarship Coordinator Business Planning 16,140 AWG
Store Planner Business Planning 16,400 AWG
Top Research and Development Executive Business Planning 50,080 AWG

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