Chief Technology Officers in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $152K) surpassing six figures annually. Total cash compensation to Chief Technology Officers bottoms out near $87K and approaches $258K on the high end; the biggest paychecks include approximately $59K from bonuses and almost $50K from profit sharing. Career duration 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. Job satisfaction is high and work is enjoyable for most Chief Technology Officers.

$86,590 - $227,589
(Median)
$87K
$150K
$230K
MEDIAN: $151,754
10%
50%
90%

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$14.62 - $178.73
(Median)
$15
$61
$180
MEDIAN: $61.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$90K$180K$270K
Salary
$86,590 - $227,589  
   
Bonus
$2,070 - $59,083  
Profit Sharing
$986 - $49,958  
Commission
$20,000  
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).
)
$87,345 - $257,738  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,788
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60$120$180
Hourly Rate
$14.62 - $178.73  
   
Overtime
$42.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$120K$240K$360K
Bonus
$2,070 - $59,083  
   
Commission
$20,000  
Profit Sharing
$986 - $49,958  
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).
)
$87,345 - $257,738  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 46
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Job Description for Chief Technology Officer (CTO)

A chief technology officer is part of an executive team in a company. He or she leads the efforts of the technology development within the company. This is usually the highest position related to technology within a company. Leadership skills are needed, as the CTO will often lead teams of people in the information technology department.

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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)


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As Chief Technology Officers transition into upper-level roles like VPs of Computer Software Engineering, it's possible that they won't see a change in salary. VPs of Computer Software Engineering earn the same amount as Chief Technology Officers on average. A lot of Chief Technology Officers advance their careers by becoming Chief Information Officers and Chief Operating Officers. However, those positions offer $18K less and $25K less per year on average.

Chief Technology Officer (CTO) Job Listings

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Popular Skills for Chief Technology Officer (CTO)


Survey results imply that Chief Technology Officers deploy a deep pool of skills on the job. Most notably, skills in Software Architecture, Leadership, Java, and Product Development are correlated to pay that is above average. Those listing Network Management / Administration as a skill should be prepared for drastically lower pay. HTML and SQL also typically command lower compensation. For most people, competency in IT Management indicates knowledge of Project Management.

Pay by Experience Level for Chief Technology Officer (CTO)

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Chief Technology Officers generally obtain higher compensation for more plentiful past experience. Salaries can reach six figures almost right off the bat; beginning workers who have less than five years' experience bring in a median of $102K per year. After working for 10 to 20 years, Chief Technology Officers make a median salary of $166K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $189K on average.

Pay Difference by Location

National Average: $163,568

Larger city markers indicate a job is popular in that location.

For Chief Technology Officers, working in the bustling city of San Jose has its advantages, including an above-average pay rate. Chief Technology Officers can also look forward to large paychecks in cities like Washington (+24 percent), Boston (+21 percent), San Francisco (+14 percent), and New York (+13 percent). Chief Technology Officers in Miami make 22 percent less than the national average, proving that location is a major factor in pay.

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

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Experience Affects Chief Technology Officer (CTO) Salaries



National Average
$164,000



Skills That Affect Chief Technology Officer (CTO) Salaries



Java
up arrow 1%

National Average
$164,000

Product Development
up arrow 1%

Project Management
up arrow 4%



C++
up arrow 6%


C#
up arrow 6%



SQL
up arrow 15%


up arrow 23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 219 votes.

Gender

Female
4 %
Male
96 %

Years of Experience

Less than 1 year
1%
1-4 years
7%
5-9 years
11%
10-19 years
38%
20 years or more
43%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 72%
medical benefits
Vision: 63%
dental benefits
None: 12%
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