Chief Information Officer (CIO) Salary
Job Description for Chief Information Officer (CIO)
In the 21st century, one of the most important operational aspects to any large enterprise is their ability to construct, maintain, and upgrade their information technology framework. This accounts for a large amount of expense, and it usually requires teams of skilled professionals to work together. In organizations that are large enough, these information systems operations are all managed by a high-level executive officer called the chief information officer (CIO).Read More...
As the top of this organizational pyramid, the chief information officer's job is to make all of the big decisions regarding the organization's information framework. It is the CIO's task to make the final decisions regarding the selection and purchasing of IT equipment. The CIO also decides how to install the equipment, when to upgrade and improve the system, and how to integrate all of this into the rest of the company's operations. The CIO is a technologically adept individual who has a thorough and continually evolving understanding of information and communications systems. Beyond the merely technical, the CIO also needs to possess the acumen necessary to make smart and responsible purchasing decisions. Management talents are also needed to ensure that IT teams work in tandem to maintain the entire system.
A chief information officer combines both management and IT talents. Accordingly, those interested in this career path would do well to explore college-level coursework in business management, computer science, and information technology. Employers prefer applicants with at least five years of information technology experience in a management capacity.
Chief Information Officer (CIO) Tasks
- Establish, coordinate and evaluate information technology strategies for key products and services.
- Oversee management of IT personnel and development teams.
- Communicate at a senior level of the organization.
- Provide technical expertise and industry knowledge to support sales and marketing efforts.
- Oversee and evaluates IT operations.
Chief Information Officer (CIO) Job Listings
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Popular Skills for Chief Information Officer (CIO)
Survey takers working as Chief Information Officers report using a large range of professional skills. Most notably, facility with Strategy, Leadership, and Software Development Management are correlated to pay that is significantly above average, leading to increases of 21 percent, 10 percent, and 5 percent, respectively. Those listing Microsoft Office as a skill should be prepared for drastically lower pay. Network Management / Administration and Windows Operating System General Use also typically command lower compensation. Those educated in IT Management tend to be well versed in Strategic Planning and Project Management.
Pay by Experience Level for Chief Information Officer (CIO)
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Chief Information Officers do not generally earn higher incomes from more experience in the field. Even the relatively untested can earn a lot; individuals who have been working for fewer than five years report a median six-figure salary of $121K per year. Chief Information Officers bring in $156K after working for 10 to 20 years. Veterans who have acquired more than 20 years report a median income of $179K, which is generally higher than the pay reported by other tenure groups.
Pay Difference by Location
Home to some of the best pay for Chief Information Officers, Chicago offers exceptional salaries, 45 percent above the national average. Chief Information Officers can also look forward to large paychecks in cities like San Francisco (+30 percent), Dallas (+29 percent), Miami (+29 percent), and Houston (+26 percent).