Average Chief Technology Officer (CTO) Salary

$157,753
Avg. SalaryShow Hourly Rate
$24,665
Bonus
$35,000
Commission
$19,574
Profit Sharing
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The average salary for a Chief Technology Officer (CTO) is $157,753.
10%
$88k
MEDIAN
$158k
90%
$239k
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United States (change)
Salary
$88k - $239k
Bonus
$3k - $79k
Profit Sharing
$2k - $61k
Commission
$10k - $60k
Total Pay
$88k - $287k

Your Market Worth Over Time

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Job Description for Chief Technology Officer (CTO)

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.

Job Satisfaction for Chief Technology Officer (CTO)

4.2 out of 5
(424)
Highly Satisfied
35Reviews

Popular Employer Salaries for Chief Technology Officer (CTO)

The top respondents for the job title Chief Technology Officer (CTO) are from the companies International Business Machines (IBM) Corp., Company Confidential and Not Named. Reported salaries are highest at International Business Machines (IBM) Corp. where the average pay is $209,322. Not Named pays the lowest at around $127,500.

Chief Technology Officer (CTO) Job Listings

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Popular Skills for Chief Technology Officer (CTO)

Skills in Leadership, Software Architecture and Product Development are correlated to pay that is above average. Skills that pay less than market rate include Project Management and IT Management.

Pay by Experience Level for Chief Technology Officer (CTO)

An entry-level Chief Technology Officer (CTO) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $98,686 based on 17 salaries. An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $104,634 based on 235 salaries. A mid-career Chief Technology Officer (CTO) with 5-9 years of experience earns an average total compensation of $128,789 based on 362 salaries. An experienced Chief Technology Officer (CTO) with 10-19 years of experience earns an average total compensation of $156,216 based on 1,302 salaries. In their late career (20 years and higher), employees earn an average total compensation of $180,853.
Employees with Chief Technology Officer (CTO) in their job title in Boston, Massachusetts earn an average of 20.5% more than the national average. These job titles also find higher than average salaries in San Francisco, California (16.0% more) and New York, New York (15.2% more).

Years of Experience

This data is based on 3,523 survey responses.
Entry Level
0.5%
Early Career
6.7%
Mid Career
10.3%
Experienced
37.0%
Late Career
45.6%