Chief Technology Officer (CTO) with Product Development Skills Salary

Generous salaries abound for Chief Technology Officers with Product Development skills , with average pay above six figures ($153K) per year. Total cash compensation to Chief Technology Officers with Product Development skills approaches anywhere from $93K on the lower end to $267K on the higher end; in exceptional cases, this can include more than $60K from bonuses and upwards of $78K from profit sharing. Career duration and the particular city each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. Most Chief Technology Officers with Product Development skills report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.

$90,390 - $222,261
(Median)
$90K
$150K
$220K
MEDIAN: $153,084
10%
50%
90%

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$12.58 - $198.66
(Median)
$13
$90
$200
MEDIAN: $90
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
$90,390 - $222,261  
   
Bonus
$0.00 - $59,876  
Profit Sharing
$1,012 - $78,044  
Commission
$12,500  
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).
)
$92,540 - $266,631  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 559
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$70$140$210
Hourly Rate
$12.58 - $198.66  
   
Overtime
$0.00  
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$140K$280K$420K
Bonus
$0.00 - $59,876  
   
Commission
$12,500  
Profit Sharing
$1,012 - $78,044  
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).
)
$92,540 - $266,631  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 10
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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 with Product Development skills. The relatively untested earn a median of $98K per year, but survey respondents who have racked up five to 10 years of experience report a six-figure median of $122K. On average, Chief Technology Officers with Product Development skills make $161K following one to two decades on the job. 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 $202K on average.

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Experience Affects Chief Technology Officer (CTO) Salaries


National Average
$163,000

Experienced
up arrow 1%

Mid-Career
up arrow 25%

Entry-Level
up arrow 40%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 112 votes.

Gender

Female
4 %
Male
96 %

Years of Experience

1-4 years
7%
5-9 years
14%
10-19 years
39%
20 years or more
40%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 73%
medical benefits
Vision: 63%
dental benefits
None: 12%
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