Chief Technology Officer (CTO) with Product Development Skills Salary

Chief Technology Officers with Product Development skills can expect to earn a very comfortable salary, with average salaries (in the ballpark of $153K) surpassing six figures annually. In the world of Chief Technology Officers with Product Development skills, overall income ranges from $93K near the bottom to $267K at the top; this can include more than $60K from bonuses and more than $78K from profit sharing in exceptional cases. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and a fair number earn dental coverage. For the most part, Chief Technology Officers with Product Development skills enjoy their work and report high levels of job satisfaction. The data for this snapshot was collected from individuals who took 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. Professionals with less than five years' experience earn a median of $98K annually, but folks with five to 10 years under their belts report a weighty six-figure median of $122K. On average, Chief Technology Officers with Product Development skills make $161K following one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $202K.

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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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