Chief Technology Officer (CTO) with Product Development Skills Salary
Chief Technology Officers with Product Development skills can expect to earn a very generous salary, with average salaries (in the ballpark of $152K) surpassing six figures annually. With some bonuses approaching $68K and certain profit sharing proceeds approaching $82K, overall incomes of Chief Technology Officers with Product Development skills spread between $92K and $271K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by career length. Job satisfaction is high and work is enjoyable for most Chief Technology Officers with Product Development skills. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. The data for this synopsis comes from respondents who took the PayScale salary survey.
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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. Substantial, six-figure paychecks show up early in this area; folks who have worked for fewer than five years report earning a median of $106K. Chief Technology Officers with Product Development skills with one to two decades of relevant experience report an average salary of approximately $164K. People who have worked for more than 20 years report a median income of $199K, which is barely higher than the median for folks with 10 to 20 years of experience.