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.

$90,419 - $225,258
(Median)
$90K
$150K
$230K
MEDIAN: $151,957
10%
50%
90%

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$25.00 - $175.00
(Median)
$
$79
$
MEDIAN: $78.00
50%

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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$100K$200K$300K
Salary
$90,419 - $225,258  
   
Bonus
$2,078 - $67,585  
Profit Sharing
$1,003 - $82,434  
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).
)
$91,553 - $270,721  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 355
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$60$120$180
Hourly Rate
$78.61  
   
Overtime
$17.00  
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$100K$200K$300K
Bonus
$2,078 - $67,585  
   
Profit Sharing
$1,003 - $82,434  
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).
)
$91,553 - $270,721  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 7
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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.

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Experience Affects Chief Technology Officer (CTO) Salaries


Experienced
up arrow 1%

National Average
$162,000

Mid-Career
up arrow 19%

Entry-Level
up arrow 34%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 55 votes.

Gender

Female
4 %
Male
96 %

Years of Experience

Less than 1 year
0%
1-4 years
9%
5-9 years
14%
10-19 years
38%
20 years or more
40%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 72%
medical benefits
Vision: 65%
dental benefits
None: 12%
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