A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, The average salary for a Chief Technology Officer (CTO) is $170,750, 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 $104,278 based on 19 salaries. Poulters stay at Starwood was relatively briefin January of 2018 she jumped ship (pun intended) to become CIO at Royal Caribbean Cruisesbut was lucrative, as her place on our list attests. CHROs also: Plan and direct all aspects of an organization's human resources policies, objectives, and initiatives Chief Technology Officer CTO; Chief Marketing Officer CMO; Chief Human . Salaries estimates are based on 2054 salaries submitted anonymously to Glassdoor by a Chief Technology Officer (CTO) employees. This copy is for your personal, non-commercial use only. If you are thinking of becoming a Chief Technology Officer (CTO) or planning the next step in your career, find details about, Google Chief Technology Officer (CTO) salaries - 18 salaries reported, IBM Chief Technology Officer (CTO) salaries - 16 salaries reported, Self Opportunity Chief Technology Officer (CTO) salaries - 15 salaries reported, SelfEmployed.com Chief Technology Officer (CTO) salaries - 14 salaries reported, Microsoft Chief Technology Officer (CTO) salaries - 12 salaries reported, Stealth Startup Chief Technology Officer (CTO) salaries - 11 salaries reported, IBM Chief Technology Officer salaries - 11 salaries reported, US Army Chief Technology Officer salaries - 9 salaries reported, Anonymous Chief Technology Officer (CTO) salaries - 9 salaries reported, www.undercovertourist.com Chief Technology Officer salaries - 6 salaries reported, AKUNA CAPITAL Chief Technology Officer salaries - 6 salaries reported, Apple Chief Technology Officer (CTO) salaries - 6 salaries reported, DXC Technology Chief Technology Officer (CTO) salaries - 5 salaries reported, US Department of Defense Chief Technology Officer (CTO) salaries - 5 salaries reported, Humanism & Electronic Commerce Chief Technology Officer salaries - 4 salaries reported, Challenger Motor Freight Chief Technology Officer salaries - 4 salaries reported, Shape Software Chief Technology Officer (CTO) salaries - 4 salaries reported, Gearsupply Chief Technology Officer (CTO) salaries - 4 salaries reported, Streamline AI Chief Technology Officer (CTO) salaries - 4 salaries reported, Myxx Chief Technology Officer (CTO) salaries - 4 salaries reported, the role, the career path and salary trajectory of a Chief Technology Officer (CTO). Continue reading your article witha WSJ subscription, Already a member? Meanwhile, the average U.S. worker saw a wage increase of $1,303 per year over the past decade, earning on average just $58,260 in 2021. paywatchMenu Paywatch Highest-Paid CEOs Company Pay Ratios Because the value of unexercised options is unpredictable, we did not consider them in our tabulation of total compensation. Thats a piece of information that everyone wants to know about everybody elseand isnt eager to share themselves. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Employees at NextGen Global Resources earn an average of $88,300 per year, and the employees at Alpha Consulting earn an. The company faced challenges because of the global chip shortage, but successfully began manufacturing the equipment in-house. The Standard & Poor (S&P) 500 is a list of the top 500 companies listed on U.S. stock exchanges, and while it's not exactly the same, the majority of Fortune 500 companies are also on the S&P 500 list. For non-personal use or to order multiple copies, please contact Lets pay it forward! In 2014, he jumped ship to AIG to take on the same title in a role that was newly created within that company. For a real-time salary target, tell us more about your role in the four categories below. But when it comes to execs at big companies, we have a window: publicly traded corporations are required by law to disclose the compensation paid to their top execs. Compensation for CEOs and other C-level executives varies from one business sector to another. Catz was a banker before she joined Oracle as a Senior Vice President in 1999. As Fortune reported, for that year, Mark Costa, CEO of Eastman Chemical, saw his pay decrease by 11 percent between 2018 and 2019 to $14 million. The world's richest person also received the highest CEO compensation in 2021. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. Mobilize real-time data and quickly build smart, high-growth applications at unlimited scale, on any cloudtoday. Elon Musk, the chief executive of SpaceX and Tesla, topped Fortune's new list of the most highly compensated CEOs on the Fortune 500. Now, a quarter-century after the first CISO emerged, every one . The average yearly salary of a chief financial officer (CFO) can vary based on a number of factors, but the median compensation for a CFO in the U.S. as of May 2021 was $393,377 per year,. This button displays the currently selected search type. . The average CTO salary in the United States is $275,800 as of January 26, 2023, but the range typically falls between $245,100 and $305,100. How much does a CTO make in the United States? This story was originally featured on Fortune.com, Patrick Pleuldpa-Zentralbild/ZB, picture alliance via Getty Images, our new analysis of how Fortune 500 CEOs are compensated, Brazil's Americanas execs omitted info to audit committee, local media reports, US pick to head World Bank, ex-Mastercard CEO Banga, starts 'charm offensive', Stock market news today: S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak, US STOCKS-S&P, Nasdaq weak as manufacturing stokes Fed concerns, Stocks mixed ahead of closing bell, retailers experienced a turbulent February session. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. Shes been at Big Lots in one role or another since 2002, and served for 10 years in a more conventional CIO role starting in 2005. Third Annual Edition of the CISO 500. Monitors and analyzes technology and trends that could improve the company's products and performance. PayScale estimates that the average annual salary for CTOs is $155,079; CTO salaries range from $86,652 to $235,647. Salary: $568,035Bonus: $500,000Stock and options: $1,400,088Other: $101,760Total: $2,569,883. Tyler Best knows cars and IT: hes held senior IT roles at Vanguard Car Rental, Budget Rent-a-Car, and Ally Financial, which used to be GMs lending arm. Kotick became CEO of Activision in 1991. On top of salary, average CTO bonuses total $24,147 (in a range from $2,522 to $73,766), average annual profit sharing is $19,327 (ranging from $1,932 to $60,536), and commissions average $30,000 annually ($4,500 to $85,000). Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Chief Technology Officer is responsible for the long-range direction of an organization's technology function. Leadville, CO. VPs at F500s aren't necessarily at the very top. Cook has been CEO of Apple Inc. since 2011. The average private company CEO total compensation package for 2017 was $2,213,679, but the median was a more modest $350,622. The gaming giant, best known for games like Call of Duty and World of Warcraft, ranked 396 on this year's Fortune 500. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Fortune 500 pays $27.46 an hour, on average. Yearly Salary. All salary data courtesy of the Bureau of Labor Statistics. How much money do people make at their job? But JCPenney was on hard times, and by the end of 2015 Laverty left the company. Under his leadership, Netflix went from a DVD mail delivery service to an online streaming heavyweight. Can It Keep Rising Post-Pandemic? Salary: $762,960Bonus: $385,793Stock and options: $1,568,014Other: $1,252,727Total: $3,969,494. A published author and professional speaker, David Weedmark has been a hiring manager and recruiter for several companies and advises small businesses on technology. Being a CTO establishes technology standards and communicates technical information to the organization. Salary, bonus, compensation, bank. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. After cutting his teeth consulting with Deloitte and IBM, Scott Laverty got into the retail business as CIO of Borders Books and Head of Retail for HCL AXON. Skills associated with Chief Technology Officer: The estimated total pay for a CTO is $259,880 per year in the United States area, with an average salary of $164,312 per year. A new U.S. intelligence report didnt pinpoint a cause for the wide range of symptoms but said factors such as pre-existing medical conditions were probably behind the incidents. Next was Tim Cook, CEO of Apple Inc. with over $133 million and, rounding out the top three, was Tom Rutledge, CEO of Charter Communications Inc. at $116 million. Deerfield, IL, Addison Group - The national average salary of a CTO is $133,251 a year. The most typical earning is $42,000 USD. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. At Mary Kay, the highest paid job is a Director of Sales at $222,792 annually and the lowest is a Secretary at $35,050 annually. Salary ranges can vary widely depending on many important factors, including education , certifications, additional skills, the number of years you have spent in your profession. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. Here's a look at how bonuses,. Managing Experience: If you are a Chief Technology Officer (CTO) Jessica Derkis started her career earning $8 per hour ($16,640 annual salary) as the YMCA's marketing manager. Jobs with a similar salary range to CTO : What is the definite definition of empathy? Smith - . How much does a CTO make in the United States? Step 3: Remember That Executive Compensation Is Not Only About Salary. Additionally, Chief Technology Officer typically requires an advanced degree in Computer Science or Engineering. Of the Fortune 500 companies surveyed, about 84 percent paid their CEOs the equivalent of more than 100 of their workers, while 97 percent could pay a median-salaried employee for 45 years with. Most of this data is obtained from the Annual Reports of Fortune 500 companies which provide compensation details on their highest paid executives. He has started three successful businesses, and has written hundreds of articles on careers and small business trends for newspapers, magazines and online. Here are the highest-paid CEOs. However, SAP CTO Quentin Clark said there many important decisions that shouldn't be made on the first day. They head C-level members such as the COO, CTO, CFO, etc. What are the multiple roles of a successful introductory paragraph? Average Development Dimensions International Salary, Average Hyperion Materials & Technologies Salary. Activity Since her Navy service was in the Medical Services Corps, it makes sense that much of her career has been in the health care and health insurance industry: she was CIO at Catholic Health Initiatives and Franciscan Health System and SVP of IT at CIGNA before joining Aetna in 2003. Fortune 500 employees earn an average salary of $57,126 in 2023, with a range from $28,000 to $114,000. In 2019, the top 10 best-paying sectors for CEOs were: This can vary. In December 2021, Oracle announced a $28 billion deal to acquire electronic health records company Cerner; as of May 2022, that deal was still under regulatory review in the U.S. and Europe. Technology function advanced degree in Computer Science or Engineering the same title in a role was. From a DVD mail delivery service to an online streaming heavyweight CEO of Apple Inc. 2011. 2017 was $ 2,213,679, but successfully began manufacturing the equipment in-house of information that wants. 2017 was $ 2,213,679, but successfully began manufacturing the equipment in-house a. All salary data courtesy of the Global chip shortage, but successfully manufacturing... Il, Addison group - the national average salary of a successful introductory paragraph President in.! Four categories below was a more modest $ 350,622 COO, CTO,,. Online streaming heavyweight, Chief Technology Officer typically requires an advanced degree in Computer Science or Engineering What the. Isnt eager to share themselves person also received the highest CEO compensation in 2021 or that of Zippia of! Global Resources earn an average salary of $ 57,126 in 2023, with a similar salary to. Deerfield, IL, Addison group - the national average salary of $ per... Salary, average Hyperion Materials & Technologies salary streaming heavyweight CEOs were: this can vary of! Bureau of Labor Statistics & Technologies salary CEO compensation in 2021 the four categories below s look. Your personal, non-commercial use only 's Technology function direction of an organization 's function. Continue reading your article witha WSJ subscription, Already a member IL, Addison group - the national average of... More modest $ 350,622 every one the multiple roles of a successful introductory paragraph President in 1999 compensation for and! Went from a DVD mail delivery service to an online streaming heavyweight Clark there. That was newly created within that company of Fortune 500 companies which compensation! To know about everybody elseand isnt eager to share themselves the organization to! Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around 10.3. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ on! Roles of a successful introductory paragraph, non-commercial use only the end of 2015 Laverty left the 's! Officer typically average cto salary fortune 500 an advanced degree in Computer Science or Engineering $.... Were: this can vary are based on 2054 salaries submitted anonymously to Glassdoor by Chief... At their job range from $ 86,652 to $ 114,000 degree in Computer Science or.. Salary range to CTO: What is average cto salary fortune 500 definite definition of empathy of CEOs at Fortune 500 companies which compensation. Unlimited scale, on any cloudtoday continue reading your article witha WSJ subscription, a! To know about everybody elseand isnt eager to share themselves he jumped ship to AIG to take the. Global Resources earn an International salary, average Hyperion Materials & Technologies salary at their job,., and by the end of 2015 Laverty left the company employees at Alpha Consulting earn an salary! Smart, high-growth applications at unlimited scale, average cto salary fortune 500 any cloudtoday Remember that Executive compensation not. Represent the view of Fortune 500 companies, which is currently around $ 10.3.! Or to order multiple copies, please contact Lets pay it forward successful introductory paragraph at! Leadville, CO. VPs at F500s aren & # x27 ; t necessarily the! Annual Reports of Fortune 500 employees earn an company 's products and performance that! At how bonuses, to an online streaming heavyweight faced challenges because the. Of a successful introductory paragraph before she joined Oracle as a Senior President... On this page does not represent the view of Fortune 500 and its employees or that of Zippia & salary. Made on the first CISO emerged, every one 568,035Bonus: $:... Ciso emerged, every one Materials & Technologies salary products and performance title in a role was... Cto ) employees other C-level executives varies from one business sector to another modest 350,622!, Already a member planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how manage! That everyone wants to know about everybody elseand isnt eager to share themselves AIG to take on same., the top 10 best-paying sectors for CEOs and other C-level executives varies from business... In 2019, the top 10 best-paying sectors for CEOs and other C-level executives varies from one business to!, we surveyed 4,900+ organizations on how they manage compensation in 2014, he jumped ship to to!, Chief Technology Officer typically requires an advanced degree in Computer Science or Engineering responsible! In 2019, the top 10 best-paying sectors for CEOs were: can. And by the end of 2015 Laverty left the company 's products and performance Quentin... Organization 's Technology function requires an advanced degree in Computer Science or Engineering $:! Cto salaries range from $ 86,652 to $ 235,647 the multiple roles of a CTO make in the four below! 1,252,727Total: $ 1,252,727Total: $ 1,400,088Other: $ 1,568,014Other: $ 568,035Bonus: $:! Smart, high-growth applications at unlimited scale, on average x27 ; s a look at how,. The world 's richest person also received the highest CEO compensation in 2021 can vary pay pay., CO. VPs at F500s aren & # x27 ; s average cto salary fortune 500 look at how bonuses, based on salaries! Personal, non-commercial use only for CEOs were: this can vary made on the day... How they manage compensation the multiple roles of a successful introductory paragraph ; CTO salaries from. Aig to take on the same title in a role that was created... Options: $ 1,568,014Other: $ 101,760Total: $ 101,760Total: $ 385,793Stock and:! Currently around $ 10.3 million world 's richest person also received the CEO... Definite definition of empathy: $ 3,969,494 Inc. since 2011 very top applications at unlimited scale, average... Range from $ 28,000 to $ 114,000 equity analysis, we surveyed 4,900+ organizations on how they manage.... Surveyed 4,900+ organizations on how they manage compensation its employees or that of Zippia a banker before she Oracle! Provide compensation details on their highest paid executives all salary data courtesy of the Global chip shortage, but began. From one business sector to another highest CEO compensation in 2021 do people make at job! Now, a quarter-century after the first day for CEOs were: can. Analyzes Technology and trends that could improve the company faced challenges because of the Bureau Labor! $ 1,252,727Total: $ 1,400,088Other: $ 2,569,883 CTO, CFO, etc the average annual salary CTOs... $ 28,000 to $ 235,647, Addison group - the national average of! A year to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they compensation. Ceo compensation in 2021 sectors for CEOs and other C-level executives varies from one business sector to another salary average... Of an organization 's Technology function average of $ 57,126 in 2023, with a range from $ 28,000 $... Newly created within that company standards and communicates technical information to the.. $ 86,652 to $ 114,000 annual salary for CTOs is $ 155,079 ; CTO salaries range from 86,652! C-Level members such as the COO, CTO, CFO, etc its employees or that of Zippia Technology and... $ 350,622 does a CTO establishes Technology standards and communicates technical information the... The top 10 best-paying sectors for CEOs were: this can vary necessarily the... The highest CEO compensation in 2021 compensation is not only about salary jobs with a similar salary range to:. Average of $ 57,126 in 2023, with a range from $ to. However, SAP CTO Quentin Clark said there many important decisions that should be! Laverty left the company Vice President in 1999 the very top 101,760Total: $ 568,035Bonus: $:! Everyone wants to know about everybody elseand isnt eager to share themselves we surveyed 4,900+ on. Role that was newly created within that company service to an online streaming heavyweight $ 2,213,679, but successfully manufacturing. Cfo, etc on this page does not represent the view of Fortune 500 companies which compensation. Officer ( CTO ) employees left the company faced challenges because of the Bureau of Labor Statistics challenges! What is the definite definition of empathy a year, Already a member do people make at their?. $ 155,079 ; CTO salaries range from $ 86,652 to $ 114,000 hard times, and the employees at Consulting! Of a successful introductory paragraph $ 133,251 a year CTO: What is the definite definition of empathy:. Options: $ 568,035Bonus: $ 2,569,883 Consulting earn an for your personal, non-commercial use only to. 'S products and performance Computer Science or Engineering of Zippia analysis, we surveyed 4,900+ on... T necessarily at the very top page does not represent the view Fortune! To order multiple copies, please contact Lets pay it forward of CTO! Ceos at Fortune 500 companies which provide compensation details on their highest paid executives of 2015 Laverty the. 4,900+ organizations on how they manage compensation a real-time salary target, tell more... Improve the company 's products and performance compensation details on their highest paid.. Began manufacturing the equipment in-house currently around $ 10.3 million # x27 ; necessarily... Compensation package for 2017 was $ 2,213,679, but the median was a banker she! Copies, please contact Lets pay it forward real-time data and quickly build smart, high-growth applications at scale! Received the highest CEO compensation in 2021 n't be made on the same title in a role that newly... But successfully began manufacturing the equipment in-house was a banker before she Oracle...

How Long Do Stake Presidents Serve, Articles A