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 $154K) surpassing six figures annually. Total incomes of Chief Technology Officers with Product Development skills incorporate potential for, in a few cases, more than $61K from bonuses and close to $51K from profit sharing; these performance components cause packages to range between $92K and $270K. Residence is the biggest factor affecting pay for this group, followed by career length. For the most part, Chief Technology Officers with Product Development skills enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to most, and the greater part earn dental coverage. This overview is based on answers to PayScale's salary questionnaire.

$90,730 - $229,555
$91K
$150K
$230K
MEDIAN: $154,176
10%
50%
90%

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$25.00 - $178.04
$98
MEDIAN: $98.22
50%

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$0$269K
Salary $90,730 - $229,555
Bonus $998 - $60,820
Profit Sharing $3,064 - $51,355
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).
)
$92,366 - $269,800
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 350
Hourly Data $0$178
Hourly Rate $98.22
Overtime $17.00
Annual Data $0$269K
Bonus $998 - $60,820
Profit Sharing $3,064 - $51,355
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).
)
$92,366 - $269,800
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 7

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Pay by Experience Level for Chief Technology Officer (CTO)

Pay by Experience for a Chief Technology Officer (CTO) has a positive trend. An entry-level Chief Technology Officer (CTO) with less than 5 years of experience can expect to earn an average total compensation of $96,000 based on 43 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Technology Officer (CTO) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $131,000 based on 67 salaries. An experienced Chief Technology Officer (CTO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $166,000 based on 171 salaries. A Chief Technology Officer (CTO) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $199,000 based on 143 salaries.

Pay Difference by Location

National Average: $167,878

Larger city markers indicate a job is popular in that location.

For Chief Technology Officers with Product Development skills, busy San Jose offers a higher-than-average pay rate, 50 percent above the national average. Chief Technology Officers with Product Development skills can also look forward to large paychecks in cities like Denver (+36 percent), Salt Lake City (+23 percent), Washington (+21 percent), and Los Angeles (+12 percent). Chief Technology Officers with Product Development skills in Houston earn salaries far below the national average by 36 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers pay around 29 percent less in Austin and 16 percent less in Seattle, below-median salaries for those in this field.

Key Stats for Chief Technology Officer (CTO)

Gender

Female
3 %
Male
97 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.
Less than 1 year
0%
1-4 years
8%
5-9 years
13%
10-19 years
36%
20 years or more
43%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Technology Officer (CTO) Salaries

▲18%

National Average
$168,000

▼1%

Mid-Career
▼22%

Entry-Level
▼43%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.

Gender

Female
3 %
Male
97 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
13%
10-19 years
36%
20 years or more
43%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 69%
vision benefits
Vision: 63%
no benefits
None: 12%
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