£80,558
Avg. Salary
£50.00
Avg. Hourly Rate

Average additional compensation:

£15,214

Bonus

£9,156

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Chief Technology Officer (CTO) is £50.00 per hour.

The average pay for a Chief Technology Officer (CTO) is £80,558 per year.

10%
£34.82
10%
£50.00
50%
£80.00
90%
90%
MEDIAN £50.00
10%
£49k
10%
£81k
50%
£143k
90%
90%
MEDIAN £80,558
£49,093 - £142,920
£49K
£81K
£140K
MEDIAN: £80,558
10%
50%
90%
£34.82 - £80.00
£50
MEDIAN: £50.00
50%
£0£174K
Salary £49,093 - £142,920
Bonus £3,025 - £49,861
Profit Sharing £964 - £32,201
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).
)
£49,768 - £174,847
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 15 May 2019
  • Individuals Reporting: 516
Hourly Data £0£80
Hourly Rate £50.00
Overtime £62.50
Annual Data £0£174K
Bonus £3,025 - £49,861
Profit Sharing £964 - £32,201
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).
)
£49,768 - £174,847
  • Country: United States
  • Currency: GBP
  • Updated: 15 May 2019
  • Individuals Reporting: 7

Job Description for Chief Technology Officer (CTO)

A chief technology officer is part of an executive team in a company. He or she leads the efforts of the technology development within the company. This is usually the highest position related to technology within a company. Leadership skills are needed, as the CTO will often lead teams of people in the information technology department.

Read More...
Chief Technology Officer (CTO) Tasks
  • Lead technology teams in day-to-day operations, provide key expertise, supervise the heads of departments, and set performance goals.
  • Conduct technical reviews of products or solutions to compare and evaluate their applicability.
  • Contribute to senior management team, guiding strategic decisions and resource allocation.
  • Monitor management of all hardware, software, databases and licenses, maintenance, and projections of future needs.
  • Define technology strategies and ensure that processes meet expectations for federal, state and community privacy and security.

Common Career Paths for Chief Technology Officer (CTO)


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Chief Technology Officer (CTO) Job Listings

Popular Skills for Chief Technology Officer (CTO)

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 ₤58,000 based on 48 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 ₤63,000 based on 58 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 ₤85,000 based on 135 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 ₤93,000 based on 63 salaries.

Pay Difference by Location

12%

National Average: £87,315

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

Chief Technology Officer (CTO) Reviews

Q: What is it like working as a Chief Technology Officer (CTO)?

Chief Technology Officer (CTO) in London:
"Travel into London is a marathon."
Pros: Better pay
Cons: 5 hours daily commute

Chief Technology Officer (CTO) in London:
"What what is the current organisation in."
Discuss how the organisation is run, how decisions are made, who you are accountable to.

Chief Technology Officer (CTO) in London:
"Responsibilities and technologies."
Focus on processes and rules, hire talents, constant improvements.

Chief Technology Officer (CTO) in London:
"Inspire through experience."
You'll always be expected to understand and assist with all problems raised by employees so keeping up with new technologies, systems and languages in a real world environment is essential. The role of a CTO is often stressful, and there will be times when system failures emphasise this. Plan for the worst, have a strategy and team on place to fix things and make sure to know what to do when that crisis happens (and it will happen)

Related Job Salaries

Key Stats for Chief Technology Officer (CTO)

Gender

Female
3 %
Male
97 %
Less than 1 year
2%
1-4 years
11%
5-9 years
12%
10-19 years
42%
20 years or more
33%

Experience Affects Chief Technology Officer (CTO) Salaries

▲6%

National Average
₤87,000

▼2%

▼28%

▼33%

Skills That Affect Chief Technology Officer (CTO) Salaries

Software Development Management
▲16%

National Average
₤87,000

Strategic Project Management
▼5%



HTML
▼7%

Software Architecture
▼9%

UNIX
▼10%


Java
▼12%

Product Development
▼13%


SQL
▼17%


C# Programming Language
▼34%

Engineering Design
▼34%

Gender

Female
3 %
Male
97 %

Years of Experience

Less than 1 year
2%
1-4 years
11%
5-9 years
12%
10-19 years
42%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 48%
dental benefits
Dental: 18%
vision benefits
Vision: 12%
no benefits
None: 50%