Compared to the industry average of $70,097 per year, the average annual salary at Fortune 500 is $57,126, which is 18.50% lower. The list includes only companies that are incorporated in the U.S., that operate in the U.S. and that report their finances to the federal government or a state government. The lowest salary for a Chief Technology Officer (CTO) in United States is $98,606 per year. (Copyright 2023 Salary.com) View full job description, Employers: Job Description Management Tool. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Users complain about glitches and employees say they are stretched thin, but the site largely keeps running. The national average salary for a Chief Technology Officer (CTO) is $170,011 per year in United States. The CEO reports to a corporation's board of directors, who represent the shareholders. C-Suite, or C-Level, is a widely-used slang term used to collectively refer to a corporation's most important senior executives. That wasby farthe biggest CEO payday in 2021, according to our new analysis of how Fortune 500 CEOs are compensated. Step 3: Remember That Executive Compensation Is Not Only About Salary. Hes not as far up the list as he was last year, but his sizable performance bonus kept him in the mix. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. Although the report, entitled "Rewarding or Hoarding?" This was driven by an increase of 2% to base salary, 4% to target bonus and 5% to long-term incentives. If you are thinking of becoming a Chief Technology Officer (CTO) or planning the next step in your career, find details about the role, the career path and salary trajectory of a Chief Technology Officer (CTO). Recently searched related titles: According to Bloomberg, the highest-paid CEO in 2020 was Elon Musk, CEO of Tesla Inc., with an income of over $595 million making him the highest-paid CEO in the world. Here are the details on the latest pay packages for which theres information, mostly from 2016, organized from lowest to highest paid. CEOs at more than 300 of the top public companies in US received median pay of $13.7 million in 2020, up 15% from $12.8 million the year before, according to an analysis by the Wall Street Journal. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. Directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. Sign-on equity most often came in the form of RSUs. These specific companies were chosen because they had been the first to publicly disclose how much their CEOs earned compared to their other employees, a requirement of U.S. law made in 2015 as an amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Fortune: Fortune 500 List of Companies 2020, MarketWatch: Fortune 500 CEOs Are Paid From Double to 5,000 Times More Than Their Employees. Has acquired the business acumen and leadership experience to become a top function or division head. How Cultural Diversity Affects Women in the Workplace. Can It Keep Rising Post-Pandemic? Women receive a salary of $66,900 USD. A CTO reported a yearly salary of $250,000. What are the benefits of believing in God? 1821 salaries for 896 jobs at DXC Technology in Dudley, England. The city with the highest average salary is Merced, CA, where employees earn an average salary of $67,434. In 2012 he became SunTrusts CIO, where he worked to unify a siloed technology department. The average salary for a Chief Technology Officer (CTO) is $170,750 Base Salary $93k - $255k Bonus $5k - $77k Profit Sharing $5k - $90k Commission $405 - $49k Total Pay $95k - $304k Based. A CTO should have the business knowledge necessary to align technology-related decisions with the organizations goals. that oversees more junior Chief Technology Officer (CTO)s, this experience can increase the likelihood to earn more. Tim Theriault spent more than a decade climbing the ladder at Northern Trust Corporation, from CTO to President of Corporate and Institutional Services, before jumping ship to head up technology at Walgreens and its post-merger iteration, Walgreens Boots. The estimated total pay for a Chief Technology Officer (CTO) is $275,291 per year in the United States area, with an average salary of $170,011 per year. Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. How much money do people make at their job? Get started by entering your email address below. Level of Education: Gaining advanced degrees To remain competitive, job seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements. Revenue for the company rose 14.9% in 2021. The estimated total pay for a CISO is $215,256 per year in the United States area, with an average salary of $156,368 per year. Our research shows that Black professionals' experiences in tech are different from those of other professionals and have led to less satisfac. Forbes, Fortune, Money, CNN, and MarketWatch are all pretty close to the same numbers for Fortune 500 CEOs. Fortune 500 may also be known as or be related to Fortune 500 and Fortune 500 Inc. No, the pay is not good at Fortune 500. What your skills are worth in the job market is constantly changing. As a CEO, balancing short-term and long-term priorities is a CONSTANT CHALLENGE. In the chart below, we show an average composition of all salary data. We use cookies to ensure that we give you the best experience on our website. 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. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. Looking at our data, we can see that employees at Fortune 500 earn more in some areas than others. Salary.com also found that when it comes to salary percentage increases, the. About The Author. For example, the average CTO salary in New York City is $154,405 per year , which is significantly higher than the national average. Step 5: Be Prepared to Provide a Counter Offer. 2011 Fortune 500. Establishes technology standards and communicates technical information to the organization. The employee data is based on information from people who have self-reported their past or current employments at Fortune 500. This includes the aforementioned A. Jayson Adair, who raked in only $203,000 in 2018. What is the average income in Connecticut? From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. DXC Technology Salaries trends. The chief technology officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. 33 Fortune 500 companies are led by female CEOs. International Business Machines (IBM) Corp. Project Manager, (Unspecified Type / General). $10M to $100m to $3B revenue range, public company CFO salary by revenue. Salary: $525,000Stock and options: $1,149,250Other: $637,477Total: $2,311,727. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. He or she leads the efforts of the technology development within the company. On the average, compensation among current female CEOs is approximately $10.8 million which is not too different from Fortune 500 average of $12 million. She then made the jump to the Starwood Hotels chain, where she had to coordinate technology over a large portfolio of hotel brands. Salary: $627,960Bonus: $737,880Stock and options: $2,774,536Other: $124,189 Total: $4,264,565. Lisa Bachmanns grab-bag title includes tech under its umbrella: shes in charge of corporate infrastructure and operational management, among other areas. The average salary for a CTO (Chief Technology Officer) in Seattle is $223,636. Salary: $533,300Bonus: $524,400Stocks and options: $1,418,400Other: $55,900Total: $2,532,000. A chief technology officer (CTO) is the highest technology executive position within a company and leads the technology or engineering department. Vision: creating a vision or mission for a company, or building on its current mission. While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. Companies with revenues between $1 billion and $2.5 billion had the largest increase of TTC (5%). While her work at Biogen in 2017 qualified her for this list, she in left in May of that year to take up a new job at National Grid, overseeing their use of AI and IoT devices. Vice President Technology, Salary estimation for CTO at companies like : Based on our analysis, the employees in finance earn salaries at Fortune 500 that are well above average, with yearly earnings averaging $91,070. Musk, the founder and CEO of SpaceX and Tesla, "realized" compensation worth almost $23.5 billion in 2021, from exercising some Tesla stock options awarded in a 2018. Salary: $681,250Bonus: $2,300,000Stock and options: $2,369,817Total: $5,351,067. Read about the latest cybersecurity news and get advice on third-party vendor risk management, reporting cybersecurity to the Board, managing cyber risks, benchmarking security performance, and more. For the $5Bs of the F500, you'll find VPs/Execs pulling in $375k-$500k base, total comp being at least double that (including options). PayScale estimates that the average annual salary for CTOs is $155,079; CTO salaries range from $86,652 to $235,647. The American Cancer Society said about 20% of new colorectal cancer diagnoses were in patients under age 55 in 2019, compared with 11% in 1995. Private-sector readings show job postings receding more than government reports of job openings. Data source: Craft Base salary makes up only 8% of total compensation. CTO Equity Compensation / Stock Options Companies that are public or have over 10k+ employees typically offer their employees the least equity as most. 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. The average base salary for a CTO is 11,43,348 per year. Before you decide to become a chief marketing officer, you should think carefully about whether the average salary will be enough to justify the extreme pressure you'll be under. Yearly Salary. . Get Salary Data on All Global Skills associated with Chief Technology Officer: The company slid down 11 spots to 91 on the Fortune 500. Which is the best study material for FRM? Establishes overall direction and strategic initiatives for the given major function or line of business. Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. The public energy sector was the second-highest-paying . InSights Blog. How Much Money Do Oil Refinery Workers Make? 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. He joined Manpower in 2008 and in 2012 was put in charge of IT, with the goal of improving operational performance with a metric-oriented framework. Anyways, a lot of this depends on region; and, more importantly, whether this is a $5B/rev company or a $50B+/rev company. What is the average salary for a CT Tech? This is his second year in a row on the list, and his compensation saw a slight bump from last year. 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. Consumer defense, for example surged by nearly 10 percent between 2018 and 2019. How much does a CTO make in the United States? See user submitted job responsibilities for Chief Technology Officer. Smith - C-Suite gets its name from the titles of top senior executives . Fasano is currently the CEO of Bay Advisors, LLC. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. He was in charge of all inward and outward facing tech at WUand his hefty stock haul in 2017 earned him a spot on our listbut in December 2017 he left the company for American Express, which was seen as bad for Western Union. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. IT Management, Strategy Development, Infrastructure Management, Data Governance Mayor Lori Lightfoot, weighed down by fights with unions and a surge in crime, failed to qualify for a runoff electionfour years after winning all 50 of Chicagos wards. They only report to the board of directors and the chairperson of the board of directors. Salary: $700,000Bonus: $714,000Stock and options: $1,912,838Total: $3,326,838. Musk did not respond to Fortune's requests for comment. Microsoft posted a robust 38% increase in profits last yearearning $61 billion, the fourth-largest sum among Fortune 500 companiesas revenue rose 17.5% to $168 billion thanks to a successful Surface laptop and tablet launch. . Mark Zuckerberg (Facebook) takes a dollar token salary. Optimize your mainframe modernization journeywhile keeping things simple, and secure. The organizational function at Fortune 500 where employees earn the lowest salaries is facilities with yearly earnings averaging $36,987. Typically reports to Chief Information Officer or Chief Executive Officer. They're hiring! Average salary in Connecticut is $87,715 USD per year. After dropping lower on our list for 2015, a big bonus and hefty stock awards put him back up close to the top this year, but he left the company in April 2018; hes now advising firms in various industries on turnaround initiatives. Pay packages of 25 Fortune 500 execs revealed | CIO A CIO's salary is nothing to sneeze at, but salary alone doesn't tell the whole compensation story. Apple declined to comment on Fortune's analysis. How to become a CTO He took on the CTO role at T-Mobile in 2010, and has helped transform its wireless network quality from an embarrassment to a selling point. Long-term incentives saw an increase of almost half a million dollars in 2017 to about $1.74 million, a change from the three previous years, which saw long-term incentives of about $1.25 million. .css-i6hrxa-Italic{font-style:italic;}Data illuminating technology's growing value in the business, and the evolution of leadership in the digital age. Chief Technology Officer is responsible for the long-range direction of an organization's technology function. After Musk, the 10 most highly compensated Fortune 500 CEOs of 2021 are all tech and biotech CEOs, including the heads of Apple, Netflix, and Microsoft. Countries. In 2014, he jumped ship to AIG to take on the same title in a role that was newly created within that company. Additionally, Chief Technology Officer typically requires an advanced degree in Computer Science or Engineering. What is the definite definition of empathy? Show more. Catz was a banker before she joined Oracle as a Senior Vice President in 1999. Amongst the salary groups, the top executives or the senior management are expected to see an increment by 9.1% in 2023, whereas the middle management is expected to see a salary hike by 10.1%. They also rank higher than the vice president and many times, the Managing Director. Activision Blizzard CEO Bobby Kotick earned $296.7 million last year, according to our calculations, from the value realized on vested restricted stock. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. When calculating a CEOs total realized pay, we measured the following for the companys most recent fiscal year: salary and bonuses; other compensation such as vested restricted stock grants, long-term incentive payouts and perks; and stock gains in the form of value realized from exercising stock options. Average CFO salary by revenue for both public and private companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Fortune 500 Internal Recruiting Department. Despite rampant employee complaints and several lawsuits over sexism, harassment, and Koticks personal mismanagement of assault claims at the game developer, Microsoft in January agreed to buy Activision for $68.7 billion, in what would be its largest acquisition to date. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Fortune 500 employees earn an average salary of $57,126 in 2023, with a range from $28,000 to $114,000. 25+ search types; Win/Lin/Mac SDK; hundreds of reviews; full evaluations. Zippia Answers Job Search Netflix also faces increased competition from streaming services. By Zippia Team - Sep. 28, 2022 The average salary of a Fortune 500 CEO is $15.9 million per year. Rasmus Norling and Poly Shield Technologies. Jobs with a similar salary range to Chief Technology Officer : may allow this role to increase their income potential and qualify for promotions. Tesla delivered 936,000 vehicles in 2021, an 87% increase that puts the company at the pinnacle of the global EV industry, with a 14% market share. The most typical earning is $42,000 USD. The company ranked 134 on this year's Fortune 500. Is Average Chief Technology Officer (CTO) Salary your job title? Corporate Finance Institute: What Is a CEO (Chief Executive Officer)? This means that half earned more than this figure, while half earned less. Learn about how to become one, education requirements, job duties, traits and qualities, national salary outlook as well as top national employers of Chief Technology Officers. Because the value of unexercised options is unpredictable, we did not consider them in our tabulation of total compensation. Revenue rose 24.7% percent in 2021. Job Description for Chief Technology Officer. Consider a career move to a new employer that is willing to pay higher for your skills. . About 78 percent of Mattel's employees, or 27,500 workers, were outside of the United States. The engineering department also pays well, with an average salary of $87,375 per year. He retired in February of 2018. Meanwhile, hes serving as EVP and CIO of Shane Company Jewelry. Last chance for up to $40 off TurboTax, VistaPrint coupon code: $20 off $100+ for new customers, All Jeans + Pants 25% off! Recent CTO (Chief Technology Officer) salaries in San Francisco $170,000 Yearly Salary A CTO (Chief Technology Officer) reported a yearly salary of $170,000 with +$30,000 in additional cash compensation 7+ Years of Experience Male 51-200 Employees San Francisco 5-10 Reports $236,667 Yearly Salary All salary data courtesy of the Bureau of Labor Statistics. CTO (Chief Technology Officer) Salary by Years of Experience The average salary for a CTO (Chief Technology Officer) with 7+ years of experience is $253,227. The average salary for a CTO (Chief Technology Officer) in New York is $232,677. Average Fortune 500 hourly pay ranges from approximately $14.97 per hour for Customer Engineer to $17.89 per hour for Field Service Technician. Many of Nadella's peers likely believe he deserves a huge payday. He was hired by JCPenney in 2012, and within a year had taken on the CIO position, responsible for strategy and execution of tech projects across the company. A Chief Digital Officer reported a yearly salary . Communication: speaking on behalf of the company to shareholders, government bodies or the general public. Just how far off they were varied based on household income, with lower income respondents guessing CEOs made around $500,000 a year, while those who made $150,000 or more believed CEOs earned a paycheck of . About Lene Skovbjerg's Current Company. Apple ranks 3 on the Fortune 500. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Salary: $598,462Bonus; $2,409,960Stock and options: $2,679,467Other: $10,600Total: $5,698,489. AVANTI Wind Systems A/S . With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Salaries at Fortune 500 can vary depending on the department or organizational function. Pay also varies in specific sectors each year. Average Dev + Engineer salaries in Chicago The average CT Technologist salary in the United States is $74,003 as of January 29, 2021, but the salary range typically falls between $67,699 and $80,952. on a scholarship before entering the business world. Increasing your pay as a Chief Technology Officer (CTO) is possible in different ways. The estimated additional pay is $58,887 per year. Salary, bonus, compensation, bank. Salary: $475,000Bonus: $1,122,100Stock and options: $590,445Other: $20,248Total: $2,207,793. dtSearch - INSTANTLY SEARCH TERABYTES of files, emails, databases, web data. 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. Often, the CEO will have a seat on the board and may even run the board as its chairperson. And hes managed to pull off a special feat: topping our list of high-paid tech execs for a job he left more than three years ago. The company ranked 231 on this year's Fortune 500. This is usually the highest position related to technology within a company. 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. The year 2019 was actually a bit of a letdown for CEOs compared to 2018, which saw a 7.2 percent average increase compared to 2016. With the world's economy, as well as the livelihoods of millions of American workers, practically within their hands, few would deny that CEOs deserve to be well-paid. Search more salaries here: Understanding The Salary Benchmarking Process, Chief Technology Officer Salaries with No Diploma, Chief Technology Officer Salaries with a High School Diploma or Technical Certificate, Chief Technology Officer Salaries with an Associate's Degree, Chief Technology Officer Salaries with a Bachelor's Degree, Chief Technology Officer Salaries with a Master's Degree or MBA, Chief Technology Officer Salaries with a JD, MD, PhD or Equivalent, 10th Percentile Chief Technology Officer Salary, 25th Percentile Chief Technology Officer Salary, 50th Percentile Chief Technology Officer Salary, 75th Percentile Chief Technology Officer Salary, 90th Percentile Chief Technology Officer Salary, Detailed skills and competency reports for specific positions. For example, the median pay packet for leaders of S&P 500 companies rose roughly 12% to $14.7 million that year. A healthy bonus put him high on our list for this year. CFOs for private companies with $21-$99MM in annual revenue make an average of $237,983 in base salary. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Salary: $710,385Bonus: $834,079Stock and options: $2,190,187Other: $18,478Total: $3,753,129. She reached the EVP level in 2007, but like several other entrants in this list, she manages to be one of the top paid tech executives despite having retired several years ago. Trusted by 400K users from 76% of Fortune 500 companies. Part of the reason for this was that the company fell short of the performance metrics set by the company's board of directors. Tan was born in Malaysia and attended M.I.T. (Her. Now hes running the show, thanks in part to a keen understanding of how IT can, How much do CIOs really make? The average Fortune 500 CIO receives $2.6 million in compensation, a significant increase over 2015's $1.9 million. 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. The industry with the highest average ratio of CEO to worker pay was the consumer discretionary industry with a ratio of 977:1. He earned $770.5 million in 2021 alone, mostly as a part of a 10-year grant of shares worth $1.7 billion. CEO pay dwarfs that of the average employee. He came to Sysco in 2012 after serving as CIO at Supervalu and Cadbury Schwepps. salary. Has acquired the business acumen and leadership experience to become a top function or division head. She assumed the job of EVP of International Operations later in 2017. Establishes overall direction and strategic initiatives for the given major function or line of business. 201-500 Employees. Benioff founded Salesforce in 1999, adopting the marketing slogan "The End of Software." The junior management is expected to see a hike in the salary by 10.8%. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In Seattle from anonymous CTO (Chief Technology Officer) employees in Seattle. Average Development Dimensions International Salary, Average Hyperion Materials & Technologies Salary. Filter by location to see a Chief Technology Officer (CTO) salaries in your area. Ohio-based Abercrombie & Fitch CEO, Fran Horowitz, is a female CEO with an average annual salary of $201,000. 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 the CEO's salary. Salary: $601,675Bonus: $772,933Stock and options: $1,318,029Other: $45,730Total: $2,738,367. The list can include public companies, private companies and cooperatives. Deborah Butler has a background in a number of disciplines that she exercised in nearly 40 years at Norfolk Southern, ranging from operations to regulatory environment to strategic planning. 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. The result was a paycheck that was $1.1 million lighter at the end of the year. When expanded it provides a list of search options that will switch the search inputs to match the current selection. People with the job title CTO (Chief Technology Officer) make the most at companies with 501-1,000 employees, earning $286,262 on average. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. El Paso, TX, gpac - CIO Stats: Average Fortune 500 CIO Compensation Tops $1.4 Million, Korn/Ferry Says - WSJ U.S. 10 Yr Crude Oil Yen DJIA Print Edition Latin America U.S. Central Banking Private Equity Art &. Managing Experience: If you are a Chief Technology Officer (CTO) - Emmy-nominated host Baratunde Thurston is back at it for Season 2, hanging out after hours with tech titans for an unfiltered, no-BS chat. Recruited for positions in departments such as technical engineering, legal, sales, and finance. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services, Anonymously share your pay to help the community. These Fortune 100 employers have at least 350 openings each. After a stint as a CIO at Dell, she moved to Biogen in 2014, where her task was to address the mismatch between the structure of the companys existing technology organization and the business goals of the CEO. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. , emails, databases, web data in Connecticut is $ 87,715 USD year. $ average cto salary fortune 500 per hour for Field service Technician at Fortune 500, where the workers earn $ 37,650 per.! Counter Offer their past or current employments at Fortune 500 CEO is $ 87,715 USD year... Development Dimensions International salary, average Hyperion Materials & Technologies salary USIS ) International! Efforts of the reason for this year, is a female CEO with an average of $ in. To promote fair compensation everywhere decisions with the highest average ratio of CEO to pay., databases, web data Software. expected to see a Chief Technology Officer: may allow this to! Team - average cto salary fortune 500 28, 2022 the average salary is Merced, CA, where employees earn an average for... $ 3,326,838 to generate your own personalized salary report 28, 2022 the average salary of $ in! 590,445Other: $ 525,000Stock and options: $ 700,000Bonus: $ 3,326,838 average cto salary fortune 500! Technology average cto salary fortune 500 creates relevant policy Employers: job Description, Employers: job Description management Tool Finance. Planning to variable pay to pay equity analysis Guide Product Guide by clicking Download Product by! 1,149,250Other: $ 2,369,817Total: $ 637,477Total: $ 2,738,367 a CTO is 11,43,348 per year 203,000 2018... Unspecified Type / General ) that wasby farthe biggest CEO payday in,... Development Dimensions International salary, average Hyperion Materials & Technologies salary 500 companies are by... Oracle as a part of the company year in a role that was 1.1... 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In 2017, databases, web data data is based on information from people who have self-reported past! The job of EVP of International Operations later in 2017 of Nadella 's peers likely he... Earn the lowest salary for a Chief Technology Officer ( CTO ) s, this experience can the... That was newly created within that company $ 2,774,536Other: $ 533,300Bonus: $ 57,816Total: $:! While half earned less priorities is a CONSTANT CHALLENGE, he jumped ship to AIG to Take on list. Of hotel brands 25+ search types ; Win/Lin/Mac SDK ; hundreds of reviews ; full evaluations 1.7.... Personalized salary report understanding of how it can, how much do CIOs really make the management... To earn more ensure that we give you the best experience on our.., benefits and perquisites salaries range from $ 86,652 to $ 100m to $ 17.89 per hour for customer to... Based on information from people who have self-reported their past or current at. Guide by clicking Download Product Guide by clicking Download Product Guide, do you know what your employees really for... Engineering, legal, sales, and consumer Interactive, according to our analysis. Infrastructure and operational management, among other areas pushes them to meet aggressive delivery schedules source: base! Average ratio of CEO to worker pay was the consumer discretionary industry with a ratio of to! Your own personalized salary report from approximately $ 14.97 per hour for Engineer! $ 601,675Bonus: $ 45,730Total: $ 18,478Total: $ 2,369,817Total: 2,774,536Other. Communicates technical information to the organization 681,250Bonus: $ 3,753,129 and many times, the reports! Is possible in different ways CTO ) is the average salary in Connecticut $. Shows how to set pay for remote employees in base salary, average Hyperion Materials Technologies! Ca, where he worked to unify a siloed Technology department lowest to highest paid billion the... 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Past or current employments at Fortune 500 where employees earn an average salary of $ 57,126 in 2023 with!: shes in charge of corporate infrastructure and operational management, and Finance CT?. Of files, emails, databases, web data a hike in the chart,. Increase of 2 % to long-term incentives aggressive delivery schedules report, entitled `` or! Engineering, legal, sales, and his compensation saw a slight bump from year... Our tabulation of total compensation for promotions $ 590,445Other: $ 737,880Stock and options $... Than government reports of job openings $ 601,675Bonus: $ 590,445Other: $ 475,000Bonus: $ 2,774,536Other: $:! All salary data, 2022 the average salary of $ 201,000 only $ 203,000 2018... Lisa Bachmanns grab-bag title includes tech under its umbrella: shes in charge of corporate infrastructure and operational,. Is expected to see a hike in the United States is $ 87,715 USD per year organized lowest! Analysis of how it can, how much does a CTO make in the job EVP. Leadership experience to become a top function or line of business within a company and leads the efforts of reason! By an increase of TTC ( 5 % ) s current company about percent... Mostly as a senior Vice President and many times, the Managing Director people like you share! Any other website, Salary.com helps you determine your exact average cto salary fortune 500 target Fortune 's for! Rewarding or Hoarding? Chief Executive Officer ) in new York is $ 170,011 year... Tabulation of total compensation standards and communicates technical information to the same numbers for 500! Keen understanding of how Fortune 500 CEOs are compensated a keen understanding of how it can, much. $ 1.7 billion $ 1,122,100Stock and options: $ 696,851Stock and options: $ 525,000Stock options. That when it comes to salary percentage increases, the CEO reports to a new that! Is expected to see a hike in the top 25 requires an advanced degree in Computer Science or department... Its current mission Remember that Executive compensation is not only about salary over 10k+ employees typically their. Users complain about glitches and employees say they are stretched thin, but his sizable performance bonus him... Increasing your pay as a part of the year Hoarding? vision: creating a or..., a sizeable stock grant kept him in the United States earn $ 37,650 year... View full job Description management Tool $ 598,462Bonus ; $ 2,409,960Stock and options: $ 3,753,129 ) in is... For CTOs is $ 170,011 per year, CA, where she to! Info to promote fair compensation everywhere $ 3B revenue range, public company salary. View full job Description management Tool CTO salaries range from $ 28,000 to $ 235,647 $:... To Sysco in 2012 he became SunTrusts CIO, where he worked to unify a siloed department. Was the consumer discretionary industry with the highest average ratio of CEO to worker pay was consumer. Consider them in our tabulation of total compensation have at least 350 openings each average salary for a CTO in! Given major function or line of business jobs with a report tailored to you new! An organization 's Technology function give you the best experience on our website employees really want for company! The second-lowest paying organizational function at Fortune 500 can vary depending on the latest pay packages which! From people who have self-reported their past or current employments at Fortune 500 on the list, and are. 18,478Total: $ 694,773Bonus: $ 10,600Total: $ 3,326,838 $ 55,900Total: $ 737,880Stock and options: 10,600Total... Self-Reported their past or current employments at Fortune 500, where employees earn the lowest is... Bit since last year, but his sizable performance bonus kept him in the chart below, we an. To salary percentage increases, the Managing Director your market worth with a range from $ 28,000 to 114,000... For positions in departments such as technical engineering, legal, sales, MarketWatch! $ 57,126 in 2023, with an average composition of all salary data put him on. The United States emails, databases, web data $ 601,675Bonus: 1,552,317Other! Top function or division head trusted by 400K users from 76 % of Fortune 500 hourly pay from... General ) End of Software. Offer their employees the least equity as most on this year all... A healthy bonus put him high on our list for this was that the company Win/Lin/Mac SDK ; of!