Chief Technology Officer (CTO) Salary with Product Development skills

Chief Technology Officers with Product Development skills can look forward to a sizeable six-figure salary — around $152K per year on average. Incomes of Chief Technology Officers with Product Development skills vary widely depending on performance components; bonuses and profit sharing that can occasionally exceed $58K cause paychecks to spread between $91K on the low end and $257K on the high end. Career duration is the biggest factor affecting pay for this group, followed by geography. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Job satisfaction is high and work is enjoyable for most Chief Technology Officers with Product Development skills. The numbers in this rundown were provided by PayScale's salary survey participants.

$89,019 - $217,981

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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
$89,019 - $217,981  
   
Bonus
$0.00 - $58,471  
Profit Sharing
$1,016 - $61,277  
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).
)
$90,971 - $257,281  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 456
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Pay by Experience Level for Chief Technology Officer (CTO) with Product Development skills

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


Chief Technology Officers with Product Development skills who reported more years of relevant experience also reported higher earnings. Folks who are navigating the first five years of their careers have a median salary of approximately $97K in this position. Those who have been around for five to 10 years don't get much more, though; the median salary in that group is $120K. Chief Technology Officers with Product Development skills bring in $159K after working for 10 to 20 years. Average wages for folks with more than 20 years of experience come out to around $200K.

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Experience Affects Chief Technology Officer (CTO) with Product Development skills Salaries


National Average
$162,000

Experienced
up arrow 2%

Mid-Career
up arrow 26%

Entry-Level
up arrow 40%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 106 votes.

Gender

Female
4 %
Male
96 %

Years of Experience

1-4 years
6%
5-9 years
13%
10-19 years
42%
20 years or more
39%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 73%
vision benefits Vision: 62% employee benefits None: 13%
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