Chief Technology Officer (CTO) Salary with Product Development skills

Chief Technology Officers with Product Development skills can expect to earn a very generous salary, with average salaries (in the ballpark of $153K) surpassing six figures annually. Total incomes of Chief Technology Officers with Product Development skills incorporate potential for, in a few cases, more than $58K from bonuses and close to $62K from profit sharing; these performance components cause packages to range between $91K and $258K. Residence and career length 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 more than half. Most workers in this position report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.

$89,111 - $218,206
(Median)
$89K
$150K
$220K
MEDIAN: $152,709
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$90K$180K$270K
Salary
$89,111 - $218,206  
   
Bonus
$0.00 - $58,120  
Profit Sharing
$1,014 - $61,825  
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).
)
$91,233 - $257,562  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 444
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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.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Even the relatively untested can score weighty six-figure salaries; survey participants with less than five years' experience report earning a median of $100K per year. Chief Technology Officers with Product Development skills see a median salary of $160K after reaching one to two decades on the job. Chief Technology Officers with Product Development skills who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $201K.

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


National Average
$163,000

Experienced
up arrow 2%

Mid-Career
up arrow 27%

Entry-Level
up arrow 39%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 105 votes.

Gender

Female
4 %
Male
96 %

Years of Experience

1-4 years
5%
5-9 years
14%
10-19 years
41%
20 years or more
40%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 73%
vision benefits Vision: 61% employee benefits None: 13%
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