On average, Chief Technology Officers with Product Development skills earn six-figure salaries ($152K) annually, making for a very well-paid profession. Overall cash earnings for Chief Technology Officers with Product Development skills stretch from $89K on the lower end to $269K near the top, and the heftiest packages can encompass around $61K from bonuses and $81K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by experience level. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. Job satisfaction is high and work is enjoyable for most Chief Technology Officers with Product Development skills. Respondents to the PayScale salary survey provided the data for this report.

$87,376 - $227,183
$87K
$150K
$230K
MEDIAN: $151,976
10%
50%
90%

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$23.50 - $187.50
$67
MEDIAN: $67.30
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$90K$180K$270K
Salary
$87,376 - $227,183  
   
Bonus
$1,987 - $60,820  
Profit Sharing
$1,014 - $80,537  
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).
)
$89,417 - $269,113  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 364
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$70$140$210
Hourly Rate
$67.30  
   
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$90K$180K$270K
Bonus
$1,987 - $60,820  
   
Profit Sharing
$1,014 - $80,537  
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).
)
$89,417 - $269,113  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 5

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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.


Chief Technology Officers with Product Development skills who reported more years of relevant experience also reported higher earnings. Salaries of relatively inexperienced workers fall in the neighborhood of $96K, but folks who have racked up five to 10 years see a notably higher median of $132K. After working for 10 to 20 years, Chief Technology Officers with Product Development skills make a median salary of $163K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $202K.

Key Stats for Chief Technology Officer (CTO)

Gender

Female
4 %
Male
96 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 59 votes.
040
Less than 1 year
0%
1-4 years
9%
5-9 years
14%
10-19 years
36%
20 years or more
40%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Technology Officer (CTO) Salaries



National Average
$163,000

Mid-Career
up arrow 19%

Entry-Level
up arrow 41%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 59 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
36%
20 years or more
40%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 71%
vision benefits
Vision: 65%
dental benefits
None: 13%
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