Get a Salary Report for



- Compare Your Salary
- Evaluate a Job Offer


- Price a New Hire
- Give a Raise



- Benchmark Jobs
- Create a Comp Plan

Chief Technology Officer (CTO) Salary (United States)

Chief Technology Officers in the United States can look forward to a sizeable six-figure salary — around $153K per year on average. In the world of Chief Technology Officers, total cash compensation ranges from $84K on the lower end to $243K on the higher end; this includes bonuses that reach $51K and profit sharing that approaches $49K in rare cases, with some high rollers snagging commissions as high as $51K. Experience level is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and a strong majority earn dental coverage. The majority of Chief Technology Officers claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Chief Technology Officer (CTO) Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$82,170 - $205,000
(Median)
82K
110K
150K
180K
210K
MEDIAN: $145,025
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px
Chief Technology Officer (CTO) Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$14.34 - $150.00
(Median)
14
30
61
94
150
MEDIAN: $60
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$90K$180K$270K
Salary
$82,170 - $205,000  
   
Bonus
$493.81 - $51,226  
Profit Sharing
$2,039 - $48,689  
Commission
$0.00 - $51,278  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$83,830 - $242,992  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 2,504
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$14.34 - $150.00  
   
Overtime
$1.29 - $99.33  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$493.81 - $51,226  
   
Commission
$0.00 - $51,278  
Profit Sharing
$2,039 - $48,689  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$83,830 - $242,992  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 64
Is Chief Technology Officer (CTO) your job title? Get a personalized salary report!
Location:
Years in Field/Career:
Location:
Years in Field/Career:
United States (change)

Job Description for Chief Technology Officer (CTO)

The Chief Technology Officer's job is to develop and enact new technology within their firm. The CTO's main focus is the design, implementation and vision of the firm’s technologies. Some of the key areas of the Chief Technology Officers job include setting the standard for technology development within the firm. Hiring employees with skills that will help bring about this technology vision. The Chief Technology Officers also works within the firms many departments to ensure that the flow of information is working at an efficient level. This includes all company software issues and hardware issues. One of the skills that the Chief Technology Officer must possess is an excellent communication and negation skills that will allow for an ease of discussion when discussing company related issues with stockholders, regulators and outside business professionals. The Chief Technology Officers will also exhibit superior leadership and management skills.
Read More...
Chief Technology Officer (CTO) Tasks
  • Monitor management of all hardware, software, databases and licenses, maintenance, and projections of future needs.
  • Define technology strategies and ensure that processes meet expectations for federal, state and community privacy and security.
  • Contribute to senior management team, guiding strategic decisions and resource allocation.
  • Lead technology teams in day-to-day operations, provide key expertise, supervise the heads of departments, and set performance goals.
  • Conduct technical reviews of products or solutions to compare and evaluate their applicability.

Common Career Paths for Chief Technology Officer (CTO)

Add this chart to your site:   640px 640px    300px 300px   Copy and paste this HTML:
Chief Technology Officers may not always see an increase in earnings as they climb the career ladder. For example, top-notch roles like VP of Research & Development offer money in line with Chief Technology Officers. Chief Technology Officers most often move into Chief Information Officer or Chief Operating Officer roles. However, the former pays $10K less on average, and the latter pays $16K less.

Chief Technology Officer (CTO) Job Listings

Search for more jobs:
job title / company
location

Popular Skills for Chief Technology Officer (CTO)

Survey participants wield an impressively varied skill set on the job. Most notably, skills in Leadership, Software Architecture, Product Development, and Java are correlated to pay that is above average, with boosts between 6 percent and 9 percent. At the other end of the pay range are skills like Internet Information Server, Network Management / Administration, and Windows NT / 2000 / XP Networking. Most people familiar with IT Management also know Leadership.

Pay by Experience Level for Chief Technology Officer (CTO)

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Chief Technology Officers, more experience generally translates to higher pay. Annually raking in $103K, the average professional in this position sees a six-figure salary within the first five years. The average pay reported by folks with 10 to 20 years of experience is around $154K. Chief Technology Officers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $177K.

Pay Difference By Location

San Jose
up arrow 30%
up arrow 15%
up arrow 13%
up arrow 13%
up arrow 8%
up arrow 5%
up arrow 2%
up arrow 1%
National Average
$153,000
up arrow 2%
Miami
up arrow 9%
up arrow 13%
Larger circles over a city indicate a job is popular in that location.
San Jose is home to an above-average pay rate for Chief Technology Officers, 30 percent higher than the national average. Chief Technology Officers can also look forward to large paychecks in cities like New York (+15 percent), Los Angeles (+15 percent), Boston (+13 percent), and Dallas (+13 percent). In Houston, salaries are 13 percent below the national average and represent the lowest-paying market. Below-median salaries also turn up in Miami and Austin (9 percent lower and 2 percent lower, respectively).

Chief Technology Officer (CTO) Reviews

What is it like working as a Chief Technology Officer (CTO)?
Chief Technology Officer (CTO) in Tampa:
"Its Like Working 3 Jobs At Once."
Pros: Control my own schedule. Lots of learning available. Good networking.
Cons: Buried with emails, voice mail, and questions. Spending time to answer basic questions someone could easily look up on Google. Commuting over an hour every day.

Related Job Salaries

Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -

Experience Affects Chief Technology Officer (CTO) Salaries

National Average
$153,000

Skills That Affect Chief Technology Officer (CTO) Salaries

up arrow 5%
C++
up arrow 1%
National Average
$153,000
Project Management
up arrow 3%
IT Management
up arrow 4%
UNIX
up arrow 9%
SQL
up arrow 10%
up arrow 16%
Internet Information Server (IIS)
up arrow 19%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 525 votes.

Gender

Female
4%
female alumni
 
Male
96%
male alumni

Years of Experience

Less than 1 year
0%
1-4 years
5%
5-9 years
11%
10-19 years
44%
20 years or more
39%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 72%
vision benefits Vision: 58% employee benefits None: 11%