£79,894
Avg. Salary

Average additional compensation for this job:

Bonus

£15,205

Profit Sharing

£9,887

Commission

£25,000

The average pay for a Chief Technology Officer (CTO) is £75,045 per year. A skill in Software Development Management is associated with high pay for this job.

£48,615 - £138,475
£49K
£80K
£140K
MEDIAN: £79,894
10%
50%
90%
£36.17 - £85.00
£65
MEDIAN: £65.00
50%
£0£168K
Salary £48,615 - £138,475
Bonus £2,058 - £49,151
Profit Sharing £979 - £49,665
Commission £25,000
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).
)
£49,258 - £168,288
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 4 Aug 2018
  • Individuals Reporting: 531
Hourly Data £0£85
Hourly Rate £65.00
Overtime £80.00
Annual Data £0£168K
Bonus £2,058 - £49,151
Commission £25,000
Profit Sharing £979 - £49,665
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).
)
£49,258 - £168,288
  • Country: United States
  • Currency: GBP
  • Updated: 4 Aug 2018
  • 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.

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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

National Average: £85,250

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

Related Job Salaries

Key Stats for Chief Technology Officer (CTO)

Gender

Female
4 %
Male
96 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.
Less than 1 year
1%
1-4 years
14%
5-9 years
12%
10-19 years
43%
20 years or more
30%

Experience Affects Chief Technology Officer (CTO) Salaries

▲9%

▼0%

National Average
₤85,000

▼26%

▼32%

Skills That Affect Chief Technology Officer (CTO) Salaries

Software Development Management
▲18%

National Average
₤85,000

Strategic Project Management
▼3%



HTML
▼4%

Software Architecture
▼7%

UNIX
▼8%


Java
▼10%

Product Development
▼11%


SQL
▼15%


C# Programming Language
▼32%

Engineering Design
▼33%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.

Gender

Female
4 %
Male
96 %

Years of Experience

Less than 1 year
1%
1-4 years
14%
5-9 years
12%
10-19 years
43%
20 years or more
30%

Common Health Benefits

medical benefits
Medical: 51%
dental benefits
Dental: 18%
vision benefits
Vision: 12%
no benefits
None: 46%