£79,641
Avg. Salary
£62.40
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

£16,565

Profit Sharing

£9,759

Commission

£26,500

The average pay for a Chief Technology Officer (CTO) is {{pay}} per hour.

The average pay for a Chief Technology Officer (CTO) is RM 197,055 per year.

$36
10%
$62
50%
$81
90%
MEDIAN $62
$48k
10%
$80k
50%
$138k
90%
MEDIAN $79,641
£48,450 - £138,246
£48K
£80K
£140K
MEDIAN: £79,641
10%
50%
90%
£35.82 - £81.31
£62
MEDIAN: £62.40
50%
£0£167K
Salary £48,450 - £138,246
Bonus £2,930 - £49,226
Profit Sharing £993 - £49,316
Commission £26,500
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).
)
£49,061 - £167,323
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 13 Oct 2018
  • Individuals Reporting: 530
Hourly Data £0£81
Hourly Rate £62.40
Overtime £62.50
Annual Data £0£167K
Bonus £2,930 - £49,226
Commission £26,500
Profit Sharing £993 - £49,316
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).
)
£49,061 - £167,323
  • Country: United States
  • Currency: GBP
  • Updated: 13 Oct 2018
  • Individuals Reporting: 6

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

16%

National Average: £84,335

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

Chief Technology Officer (CTO) Advice

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

Chief Technology Officer (CTO) in Glasgow:
"Half life of knowledge is 2 years - learn constantly."
Technology moves fast and emerges quickly. Make time to stay current.

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
4 %
Male
96 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.
Less than 1 year
1%
1-4 years
14%
5-9 years
12%
10-19 years
41%
20 years or more
31%

Experience Affects Chief Technology Officer (CTO) Salaries

▲10%

▲1%

National Average
₤84,000

▼25%

▼31%

Skills That Affect Chief Technology Officer (CTO) Salaries

Software Development Management
▲20%

National Average
₤84,000

Strategic Project Management
▼2%



HTML
▼3%

Software Architecture
▼6%

UNIX
▼7%


Java
▼9%

Product Development
▼10%


SQL
▼15%


C# Programming Language
▼31%

Engineering Design
▼32%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 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
41%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 50%
dental benefits
Dental: 18%
vision benefits
Vision: 13%
no benefits
None: 47%