Average Strategy Director Salary in United Kingdom for 2024

In this article, we will look at the average Strategy Director salary for 2024 in United Kingdom 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 British pound. To keep things simple, we are using the GBP currency code instead of the currency symbol £.

How Much Does a Strategy Director Make in United Kingdom?

A Strategy Director working in United Kingdom will typically earn around 114,300 GBP per year, and this can range from the lowest average salary of about 58,100 GBP to the highest average salary of 182,400 GBP.

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

Lowest Annual Salary
58,100 GBP
Lowest Monthly Salary
4,841 GBP

Highest Annual Salary
182,400 GBP
Highest Monthly Salary
15,200 GBP

These are average salaries for a Strategy Director in United Kingdom 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 United Kingdom

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

Salary ranges

We already know that a Strategy Director can earn between 58,100 GBP and 182,400 GBP on average in United Kingdom. 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 United Kingdom is 117,100 GBP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 117,100 GBP, and 50% of the population earn more than 117,100 GBP.

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 United Kingdom, 25% of the population are earning less than 80,200 GBP while 75% of the population earn more than 80,200 GBP.

75% of the population earn less than 152,900 GBP, and 25% of the population earn more than 152,900 GBP.

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 United Kingdom

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 United Kingdom that has less than two years of experience can expect to earn somewhere in the region of 67,500 GBP.
  • 2 - 5 Years Experience. With two to five years of experience the average Strategy Director salary would increase to 84,800 GBP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Strategy Director, the average salary would be 118,900 GBP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 146,900 GBP.
  • 15 - 20 Years Experience. A Strategy Director with 15 to 20 years of experience can earn an average of 158,900 GBP.
  • 20+ Years Experience. For a Strategy Director with more than 20 years, the expected average salary increases to 168,700 GBP.

Average Salary by Experience Chart

0-2 Years
67,500 GBP
2-5 Years +29%
84,800 GBP
5-10 Years +38%
118,900 GBP
10-15 Years +24%
146,900 GBP
15-20 Years +7%
158,900 GBP
20+ Years +7%
168,700 GBP

Strategy Director Salary by Education Level in United Kingdom

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 United Kingdom 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 United Kingdom with a high school education can earn an average salary of 84,800 GBP.

  • Certificate or Diploma. A Strategy Director in United Kingdom with a certificate or diploma education can earn an average salary of 98,100 GBP.

  • Bachelor's Degree. A Strategy Director in United Kingdom with a bachelor's degree education can earn an average salary of 128,400 GBP.

  • Master's Degree. A Strategy Director in United Kingdom with a master's degree education can earn an average salary of 164,100 GBP.

Average Salary by Education Chart

High School
84,800 GBP
Certificate or Diploma +15%
98,100 GBP
Bachelor's Degree +35%
128,400 GBP
Master's Degree +26%
164,100 GBP

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 Kingdom is around 29,600 to 88,700 GBP 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 United Kingdom, a male strategy director will earn an average of 117,100 GBP, while a female strategy director will earn around 114,600 GBP.

This means that a male strategy director earns approximately 2% more than a female strategy director for performing the same job.

Average Salary by Gender Chart in United Kingdom

Male
117,100 GBP
Female -2%
114,600 GBP

Strategy Director Average Pay Raise in United Kingdom

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 United Kingdom is around 15% every 15 months.

The national average pay raise across all professions and industries in United Kingdom is around 9% every 15 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 = ( 15 ÷ 15 ) × 12  = 12%

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

Annual Pay Raise by Industry in United Kingdom for 2024

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

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 United Kingdom

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 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 Kingdom earn approximately 7% more than private sector employees in the same role.

Public Sector
72,700 GBP
Private Sector -7%
68,200 GBP

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 United Kingdom.

Job Title Category Salary
Assistant Business Development Manager Business Planning 94,800 GBP
Assistant Merchandise Planner Business Planning 52,300 GBP
Business Advisor Business Planning 89,200 GBP
Business Analyst Business Planning 93,100 GBP
Business Consultant Business Planning 93,100 GBP
Business Continuity Associate Business Planning 51,300 GBP
Business Developer Business Planning 56,800 GBP
Business Development Analyst Business Planning 63,900 GBP
Business Development Associate Business Planning 45,000 GBP
Business Development Coordinator Business Planning 50,100 GBP
Business Development Director Business Planning 128,200 GBP
Business Development Engineer Business Planning 72,700 GBP
Business Development Executive Business Planning 88,000 GBP
Business Development Manager Business Planning 114,300 GBP
Business Development Specialist Business Planning 85,800 GBP
Business Manager Business Planning 100,700 GBP
Business Operations Specialist Business Planning 86,400 GBP
Business Process Writer Business Planning 53,300 GBP
Business Systems Analyst Business Planning 91,500 GBP
Capacity Planner Business Planning 61,200 GBP
Capacity Planning Supervisor Business Planning 84,300 GBP
Change Communications Analyst Business Planning 80,800 GBP
Change Control Analyst Business Planning 86,100 GBP
Change Impact Analyst Business Planning 86,100 GBP
Contracts Executive Business Planning 83,800 GBP
Corporate Strategy Analyst Business Planning 94,100 GBP
Cost Control Engineer Business Planning 58,200 GBP
Cost Controller Business Planning 67,300 GBP
Cost Estimator Business Planning 60,500 GBP
Data Executive Business Planning 43,100 GBP
Data Manager Business Planning 65,900 GBP
Data Processing Manager Business Planning 79,700 GBP
Development Researcher Business Planning 66,400 GBP
Director of Business Development Business Planning 128,200 GBP
Director of Production Planning Business Planning 109,700 GBP
Due Diligence Analyst Business Planning 95,400 GBP
Estimating Manager Business Planning 94,100 GBP
General Manager Business Planning 105,200 GBP
Incident Handler Business Planning 63,200 GBP
Incident Specialist Business Planning 72,700 GBP
Lean Consultant Business Planning 69,400 GBP
Manager Business Planning 123,000 GBP
Marketing and Business Development Manager Business Planning 109,700 GBP
Materials Planner Business Planning 39,100 GBP
Merchandise Assistant Business Planning 37,100 GBP
Merchandise Controller Business Planning 39,500 GBP
Merchandise Planner Business Planning 39,800 GBP
Operations Analyst Business Planning 83,200 GBP
Operations Manager Business Planning 96,000 GBP
Operations Research Analyst Business Planning 55,700 GBP
Planning and Reporting Manager Business Planning 94,100 GBP
Planning Director Business Planning 121,800 GBP
Project Administrator Business Planning 54,200 GBP
Project Manager Business Planning 87,900 GBP
Project Planner Business Planning 55,500 GBP
Research Assistant Business Planning 49,700 GBP
Research Engineer Business Planning 58,600 GBP
Research Officer Business Planning 45,600 GBP
Risk Management Specialist Business Planning 87,700 GBP
Scholarship Coordinator Business Planning 45,300 GBP
Store Planner Business Planning 42,700 GBP
Top Research and Development Executive Business Planning 127,600 GBP

Salary Comparison by City

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

City Average Salary
Aberdeen 121,800 GBP
Abingdon 114,900 GBP
Armagh 115,600 GBP
Bangor 105,800 GBP
Belfast 130,500 GBP
Birmingham 142,300 GBP
Bradford 130,500 GBP
Brighton 130,500 GBP
Bristol 130,400 GBP
Cambridge 117,100 GBP
Canterbury 114,300 GBP
Cardiff 134,700 GBP
Chester 114,600 GBP
Coventry 138,700 GBP
Derby 127,700 GBP
Derry 121,800 GBP
Dundee 123,000 GBP
Durham 116,400 GBP
Edinburgh 127,600 GBP
Exeter 114,900 GBP
Glasgow 139,100 GBP
Gloucester 117,100 GBP
Hartlepool 121,800 GBP
Inverness 116,400 GBP
Kingston upon Hull 128,400 GBP
Kirkwall 105,800 GBP
Leeds 142,300 GBP
Leicester 128,400 GBP
Lincoln 124,500 GBP
Lisburn 111,700 GBP
Liverpool 130,400 GBP
London 141,000 GBP
Manchester 142,300 GBP
Newcastle 130,500 GBP
Newport 114,300 GBP
Newry 118,900 GBP
Norwich 124,500 GBP
Nottingham 127,600 GBP
Oxford 123,800 GBP
Peterborough 118,900 GBP
Plymouth 127,600 GBP
Poole 127,700 GBP
Portsmouth 125,400 GBP
Ripon 112,700 GBP
Salisbury 109,700 GBP
Sheffield 140,700 GBP
Somerset 132,000 GBP
Southampton 123,000 GBP
St Davids 105,800 GBP
Stirling 117,100 GBP
Stromness 103,600 GBP
Strontian 105,800 GBP
Swansea 130,500 GBP
Truro 108,200 GBP
Wakefield 109,000 GBP
Wells 107,300 GBP
Winchester 114,300 GBP
Wolverhampton 123,800 GBP
York 128,200 GBP

Salary Comparison by State

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

City Average Salary
England 229,000 GBP
Northern Ireland 109,700 GBP
Scotland 175,100 GBP
Wales 108,200 GBP

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