Six-figure salaries are the norm for Chief Technology Officers in the United States, with median pay hovering around $152K per year. Including potential for bonuses and profit sharing — peaking near $59K and $51K, respectively — total cash payment to Chief Technology Officers can bottom out near $87K or peak near $259K depending on individual performance. Location and tenure each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Job satisfaction is high and work is enjoyable for most Chief Technology Officers.

$85,953 - $227,209
$86K
$150K
$230K
MEDIAN: $151,729
10%
50%
90%

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$14.36 - $194.89
$14
$57
$190
MEDIAN: $57.26
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
$85,953 - $227,209  
   
Bonus
$2,374 - $59,191  
Profit Sharing
$995 - $50,684  
Commission
$25,000  
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).
)
$87,249 - $258,822  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 1,752
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$100$200$300
Hourly Rate
$14.36 - $194.89  
   
Overtime
$0.07 - $297.99  
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$200K$400K$600K
Bonus
$2,374 - $59,191  
   
Commission
$25,000  
Profit Sharing
$995 - $50,684  
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).
)
$87,249 - $258,822  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 41

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United States (change)

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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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Chief Technology Officers sometimes move into a VP of Computer Software Engineering role, where the salary is similar. Chief Technology Officers most often move into positions as Chief Information Officers or Chief Operating Officers. Chief Information Officers actually earn $17K less on average, however, and Chief Operating Officers earn $24K less per year than Chief Technology Officers do.

Chief Technology Officer (CTO) Job Listings

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Popular Skills for Chief Technology Officer (CTO)


Survey takers working as Chief Technology Officers report using a large range of professional skills. Most notably, skills in Software Architecture, Leadership, Java, and Product Development are correlated to pay that is above average, with boosts between 5 percent and 9 percent. Those listing HTML as a skill should be prepared for drastically lower pay. Network Management / Administration and Microsoft SQL Server also typically command lower compensation. Most people familiar with IT Management also know Project Management.

Pay by Experience Level for Chief Technology Officer (CTO)

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


Experience seems to be a major factor in determining the incomes of Chief Technology Officers. 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 $101K per year. People with 10 to 20 years of experience make an average of about $165K in this role. People who have worked for more than 20 years report a median income of $187K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $162,631

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

For Chief Technology Officers, busy Washington offers a higher-than-average pay rate, 28 percent above the national average. Chief Technology Officers will also find cushy salaries in Boston (+22 percent), San Francisco (+16 percent), San Jose (+14 percent), and Denver (+13 percent). Chief Technology Officers in Miami take home the lowest salaries, earning a whopping 26 percent less than the national average.

Chief Technology Officer (CTO) Reviews

Q: 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

Key Stats for Chief Technology Officer (CTO)

Gender

Female
4 %
Male
96 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 216 votes.
042
Less than 1 year
1%
1-4 years
7%
5-9 years
12%
10-19 years
39%
20 years or more
43%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Technology Officer (CTO) Salaries



National Average
$163,000



Skills That Affect Chief Technology Officer (CTO) Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 216 votes.

Gender

Female
4 %
Male
96 %

Years of Experience

Less than 1 year
1%
1-4 years
7%
5-9 years
12%
10-19 years
39%
20 years or more
43%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 71%
vision benefits
Vision: 63%
dental benefits
None: 13%
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