Home > Salary > Latvia > Director Of Strategic Initiatives
The Director of Strategic Initiatives is a senior-level position responsible for overseeing and implementing strategic projects within an organization. This role involves working closely with executive leadership to identify and prioritize key initiatives that align with the company's long-term goals. The Director of Strategic Initiatives conducts thorough research and analysis to develop actionable plans, identifies potential risks and opportunities, and ensures successful execution of projects. They collaborate with cross-functional teams to drive organizational change, increase operational efficiency, and enhance business performance. Additionally, the Director of Strategic Initiatives monitors industry trends and competitor activities to inform decision-making and maintain a competitive edge. This role requires strong leadership, excellent communication skills, and the ability to influence stakeholders at all levels of the organization.
Estimated Yearly Salary: 44,115 EUR
Estimated Monthly Salary: 3,676 EUR
Estimated Weekly Salary: 848 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,554 EUR
Estimated Weekly Salary: 820 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 44,142 USD
Estimated Monthly Salary: 3,679 USD
Estimated Weekly Salary: 849 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 44,115 EUR
Estimated Monthly Salary: 3,676 EUR
Estimated Weekly Salary: 848 EUR per week
Estimated Hourly Salary: 21 EUR per hour
By working as Director Of Strategic Initiatives a person can save up to 2,819 USD per month or 33,822 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Director Of Strategic Initiatives
Last revision of data: 2025-01-04
Data as of 2025
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Director Of Strategic Initiatives salary in Latvia
Average Yearly Salary of Director Of Strategic Initiatives in Latvia is approximately 44,115 EUR (44,142 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Director Of Strategic Initiatives do?
The Director of Strategic Initiatives is a senior-level position responsible for overseeing and implementing strategic projects within an organization. This role involves working closely with executive leadership to identify and prioritize key initiatives that align with the company's long-term goals. The Director of Strategic Initiatives conducts thorough research and analysis to develop actionable plans, identifies potential risks and opportunities, and ensures successful execution of projects. They collaborate with cross-functional teams to drive organizational change, increase operational efficiency, and enhance business performance. Additionally, the Director of Strategic Initiatives monitors industry trends and competitor activities to inform decision-making and maintain a competitive edge. This role requires strong leadership, excellent communication skills, and the ability to influence stakeholders at all levels of the organization.
Skills: Director, Strategic Initiatives, Project Management, Strategic Planning, Change Management, Leadership, Communication.
Job industry: Business strategy
Job industry: Business strategy
How much does Director Of Strategic Initiatives make?
Salary details
How much does Director Of Strategic Initiatives make?Estimated Yearly Salary: 44,115 EUR
Estimated Monthly Salary: 3,676 EUR
Estimated Weekly Salary: 848 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 42,652 EUREstimated Monthly Salary: 3,554 EUR
Estimated Weekly Salary: 820 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Last revision of data: 2024-01-03Director Of Strategic Initiatives estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 44,142 USD
Estimated Monthly Salary: 3,679 USD
Estimated Weekly Salary: 849 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Strategic Initiatives job salary compared to average salary in Latvia.
Comparison shows that a person working as Director Of Strategic Initiatives in Latvia earns on average:
2.25 times the average salary (or 225% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Director Of Strategic Initiatives job salary compared to average salary in Latvia.
Comparison shows that a person working as Director Of Strategic Initiatives in Latvia earns on average:
2.25 times the average salary (or 225% of average salary).
Is Director Of Strategic Initiatives a well paid job?
Yes, our data show that Director Of Strategic Initiatives is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Director Of Strategic Initiatives?
High salary for Director Of Strategic Initiatives would be somewhere between 48,527 EUR and 63,967 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Of Strategic Initiatives in Latvia?
Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 44,115 EUR
Estimated Monthly Salary: 3,676 EUR
Estimated Weekly Salary: 848 EUR per week
Estimated Hourly Salary: 21 EUR per hour
By working as Director Of Strategic Initiatives a person can save up to 2,819 USD per month or 33,822 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Director Of Strategic Initiatives
Estonia is 56,536 USD
Russia is 26,397 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
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(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Senior actuary (52,346 EUR per year, pre-tax.)
Paraeducator (10,761 EUR per year, pre-tax.)
Counter manager (14,530 EUR per year, pre-tax.)
Qualified developmental disability professional (qddp) (14,783 EUR per year, pre-tax.)
People operations manager (32,575 EUR per year, pre-tax.)
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