Learn howand get unstoppable. Salary: $468,462Bonus: $948,336Stocks and options: $8,015,929Other: $293,626Total: $9,726,353. Job Description for Chief Technology Officer. Bushman is something of a rare bird on this list: a career-long employee of the company that made her a top-paid IT exec. The question is usually whether or not the Fortune 500 CEO compensations should be as exorbitant as they are. Average CFO salary by revenue for both public and private companies. When expanded it provides a list of search options that will switch the search inputs to match the current selection. She noted that Kotick had reduced his salary to $62,500 last year, and praised his 31-year tenure for making Activision one of the most successful global gaming com- panies in the world.. Ct Tech Llc pays an average hourly rate of $1,669 and hourly wages range from a low of $1,451 to a high of $1,916. 2 year(s), 0 month(s) Lene Skovbjerg's Willingness to Change Jobs. The city with the highest average salary is Merced, CA, where employees earn an average salary of $67,434. All salary data courtesy of the Bureau of Labor Statistics. The program seeks to attract small and medium-size businesses by offering incentives to move their workloads to the cloud. Worked with 15-30 Hiring Managers on average . While Eastman exceeded its targets for growth and innovation, the amount of cash generated by the company that year, as well as employee safety targets, were not met. And we scoured the proxy statements of the 500 largest U.S. companies to find 25 that disclosed CIO pay. The average Fortune 500 salary ranges from approximately $82,783 per year for Senior Technical Recruiter to $170,647 per year for Full Stack Developer. Monitors and analyzes technology and trends that could improve the company's products and performance. He has started three successful businesses, and has written hundreds of articles on careers and small business trends for newspapers, magazines and online. $250,000. That works out to $27.46 per hour at Fortune 500, compared to $27.25 per hour at Ascent Group. Skills associated with Chief Technology Officer:
Often, the CEO will have a seat on the board and may even run the board as its chairperson. The result was a paycheck that was $1.1 million lighter at the end of the year. 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 Additional pay could include cash bonus, commission, tips, and profit sharing. Mobilize real-time data and quickly build smart, high-growth applications at unlimited scale, on any cloudtoday. What is the average income in Connecticut? In 2021, Musk saw compensation worth around $23.5 billion. C-Suite gets its name from the titles of top senior executives . Benioff founded Salesforce in 1999, adopting the marketing slogan "The End of Software." 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. 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. Over 10 years, she's changed employers five times to ultimately earn $72,000 per . Many of Nadella's peers likely believe he deserves a huge payday. Apple ranks 3 on the Fortune 500. In these companies, the primary role of the CEO can often be summed up in three words: increasing share value. 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. Netflix ranked 115 on the Fortune 500, with an 18.8% change in revenue. 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. 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. Before joining Big Lots, her background was in planning at various department store brands. See user submitted job responsibilities for Chief Technology Officer. Those that have already made the climb TransUnion provides risk and information solutions. Nadella has headed that list since 2017. CFOs for private companies with $21-$99MM in annual revenue make an average of $237,983 in base salary. The CEO is at the highest position in a company. 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. The CTO directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. Catz was a banker before she joined Oracle as a Senior Vice President in 1999. She then made the jump to the Starwood Hotels chain, where she had to coordinate technology over a large portfolio of hotel brands. 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. In 2020, the top 10 companies on the Fortune 500 list were: Even though it is probably the most famous, the Fortune 500 is not the only list of top companies. Salary: $533,300Bonus: $524,400Stocks and options: $1,418,400Other: $55,900Total: $2,532,000. What is the definite definition of empathy? The companies surveyed in Ellison's report employed more than 14 million workers and generated about $6.3 trillion in profit. Salesforce's acquisitions of MuleSoft, Tableau, and Slack have helped fuel growth in recent years. The average private company CEO total compensation package for 2017 was $2,213,679, but the median was a more modest $350,622. Salary.com also found that when it comes to salary percentage increases, the. Fasano is currently the CEO of Bay Advisors, LLC. Salary: $599,029Bonus: $653,176Stock and options: $3,630,025Other: $1,102,874Total: $5,985,104. This is the second year in a row hes been on our list, and a boost in his bonus means a better showing overall. In 2015 he jumped ship to join the executive team at Target, and currently has umbrella authority over most of that companys tech initiatives, from developing long-term tech roadmaps to overseeing the companys website and the in-store technology. The average big-company CEO made 351 times the pay of the average worker on a realized basis in 2020, according to the Economic Policy Institute (EPI), which has tracked the metric for decades, up from a 21-to-1 ratio back in 1965. Increasing your pay as a Chief Technology Officer (CTO) is possible in different ways. How much does a Chief Technology Officer make in the United States? Public health care firms paid compliance chiefs an average of nearly $550,000 in total compensation last year, more than any other industry. Private-sector readings show job postings receding more than government reports of job openings. They head C-level members such as the COO, CTO, CFO, etc. Because the value of unexercised options is unpredictable, we did not consider them in our tabulation of total compensation. . Your input helps Glassdoor refine our pay estimates over time. What Is Included in a CEO Golden Parachute? Hes not as far up the list as he was last year, but his sizable performance bonus kept him in the mix. Search thousands of open positions to find your next opportunity. According to Salary.com, the median CEO salary was $822,300 in September 2020. International Business Machines (IBM) Corp. Project Manager, (Unspecified Type / General). The average base salary for a CTO is 11,43,348 per year. 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. Jobs in business are in increasing demand, requiring workers with at least a bachelors degree and moderate to advanced technical skills, with the use of data often a required job function. Fortune: On Average, Top CEOs Make Over $12.3 Million. 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. But 2017 saw another kind of jump: she went back to her accounting roots and took a job as the companys CFO. Hes been in his current role since 2009 and at the company since 2001. The industry with the highest average ratio of CEO to worker pay was the consumer discretionary industry with a ratio of 977:1. Here's a look at how bonuses,. Overall, median CFO reported total compensation in the S&P 500 increased 18.7% from $2.9 million in 2011 to $3.4 million in 2015. Compensation data tools, salary structures, surveys and benchmarks. They only report to the board of directors and the chairperson of the board of directors. Get Salary Data on All Global
For example, the average CTO salary in New York City is $154,405 per year , which is significantly higher than the national average. Average Development Dimensions International Salary, Average Hyperion Materials & Technologies Salary. 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. PayScale estimates that the average annual salary for CTOs is $155,079; CTO salaries range from $86,652 to $235,647. Thats a piece of information that everyone wants to know about everybody elseand isnt eager to share themselves. Seattle. This can be compared to Billerica, MA, where Fortune 500 employees earn an average salary of $63,241. 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. The cloud-based customer relationship management platform ranked 136 on this year's Fortune 500. How much does a Chief Technology Officer make in the United States? Clients are typically $50 million in revenue to Fortune 1000's or have assets between $500 million to $15 billion. He began his current role in 2014, aiming to drive operational excellence for Manpower IT worldwide Chandrashekars compensation is somewhat inflated by special payments he received to compensate for taxes he owed on income earned while living in the U.S. in previous years. For example, the median pay packet for leaders of S&P 500 companies rose roughly 12% to $14.7 million that year. What is the average surgical tech salary? Third Annual Edition of the CISO 500. 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). These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of CTO in the United States. Managing Experience: If you are a Chief Technology Officer (CTO) An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $121,686 Read more. A Chief Digital Officer reported a yearly salary . Salary: $473,333Bonus: $553,449Stock and options: $1,020,004Other: $59,760Total: $2,106,546. The full list is below. He became company CIO in 2005, and even though he left in 2016, his sizable deferred compensation, mostly in the form of stock and options, still places him among the highest-paid tech execs in the country. For non-personal use or to order multiple copies, please contact Bend, OR, Addison Group -
The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. This button displays the currently selected search type. Bend, OR, B.E. Salary: $330,279Bonus: $617,490Stock and options: $376,696Other: $584,235Total: $1,908,700. 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. Love them or hate them, admire them or just plain envy them, there's no denying that the CEOs of the country's top companies rake in a lot of cash. InSights Blog. 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. 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. Fortune magazine ranks companies by their total revenues each year. 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 Men receive an average salary of $103,400 USD. Median chief executive officer total direct compensation (the sum of salary, short-term incentives and long-term incentives) is $425,000 for the entire survey population of family businesses. Hastings is the co-founder, CEO, and chairman of the streaming giant. The company faced challenges because of the global chip shortage, but successfully began manufacturing the equipment in-house. Average CHRO Salary: $250,000 The Chief Human Resources Officer is responsible for employment, placement, orientation and training, employee/labor relations, compensation, benefits, and employee services. Salary: $710,385Bonus: $834,079Stock and options: $2,190,187Other: $18,478Total: $3,753,129. PwC's 2023 CEO Survey reveals that CEOs are spending the majority of their CEO pay dwarfs that of the average employee. AP News: CEO Pay Has Topped $12.3m. C-Suite, or C-Level, is a widely-used slang term used to collectively refer to a corporation's most important senior executives. Carters compensation was also padded by various perks, including use of a private jet and security services. Fortune 500 employees in Merced, CA, Billerica, MA, and Thomaston, CT are the highest paid. What are the benefits of believing in God? - 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. Countries. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Oracle did not respond to a request for comment. 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. 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 average ratio between CEO and worker pay in the U.S. is 339 to one, according to MarketWatch. . Dave Barnes is a true UPS company man, starting off in 1977 as a package loader and using his wide knowledge of what the company doesranging from operations, to industrial engineering, to finance, to information technologyto rise through the ranks as UPS went worldwide in the 80s and 90s. Chief Technology Officer is responsible for the long-range direction of an organization's technology function. Hauppauge, NY. A healthy stock grant boosted him onto our list for the first time. The estimated additional pay is $58,887 per year. However, SAP CTO Quentin Clark said there many important decisions that shouldn't be made on the first day. About The Author. Yearly Salary. This is the equivalent of $2,724/week or $11,802/month. For a real-time salary target, tell us more about your role in the four categories below. Pawan Vermas career has been focused on retail and ecommerce: after stints at Convergys and Verizon Wireless, he spent two years as VP of Digital Technology and API Platforms at Target, where his bailiwick ranged from marketing tech to the companys online store. They're hiring! . Oracle, which is best known for database software, has struggled in recent years with sluggish revenue growth. With an average income of over $12.3 million, CEOs continue to see their paychecks swell year after year, while the average U.S. worker's salary has flatlined for the past 40 years. Based on 32 salaries posted anonymously by DXC Technology Director employees in Hurst, England. For companies with revenue below $10 million, median CEO total direct compensation is $200,000. Deerfield, IL, Addison Group -
The estimated total pay for a Chief Technology Officer (CTO) is $275,235 per year in the United States area, with an average salary of $170,037 per year. Meg McCarthy has an interesting background for a tech exec: a masters in public health and a rank of lieutenant commander in the U.S. Navy Reserve. What is the average salary for a surgical technologist? Hjelm in on our list for the second year in a row, and a sizable bonus sends him further towards the top. The wages at VitalChek average higher than the other similar companies, where the median salary is $93,303 per year. Fortune 500 employees earn an average salary of $57,126 in 2023, with a range from $28,000 to $114,000. 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. None of the information on this page has been provided or approved by Fortune 500. CHROs also: Plan and direct all aspects of an organization's human resources policies, objectives, and initiatives The total cash compensation, which includes base, and annual incentives, can vary anywhere from $278,068 to $403,606 with the average total cash compensation of $330,957. 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. 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. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Jessica Derkis started her career earning $8 per hour ($16,640 annual salary) as the YMCA's marketing manager. Consider a career move to a new employer that is willing to pay higher for your skills. Revenue surged 61.4%. This is his second year in a row on the list, and his compensation saw a slight bump from last year. Step 5: Be Prepared to Provide a Counter Offer. The highest salary for a Chief Technology Officer (CTO) in United States is $308,146 per year. Establishes overall direction and strategic initiatives for the given major function or line of business. publications including About.com, Re/Max and American Express. Some big news today: CVS Health will acquire Oak Street Health, a leading value-based primary care company helping older adults stay healthy and live life more Salary: $475,000Bonus: $1,122,100Stock and options: $590,445Other: $20,248Total: $2,207,793. While the median cash bonus reported was $50,000, the average was $134,050 (a few respondents reported receiving very high joining bonuses). Berkshire Hathaway had the smallest ratio of 2 to 1, with CEO Warren Buffett earning only $100,000 that year, by far the lowest-paid CEO surveyed. Smith -
Block, Inc., PayPal Holdings, Inc., RE/MAX HOLDINGS INC, Based on HR-reported data: a national average with a geographic, Chief Technology Officer Salaries by Percentile. Establishes overall direction and strategic initiatives for the given major function or line of business. Adriana Karaboutis cut her teeth at GM, where she worked for more than 20 years on projects related to computer-integrated manufacturing and supply chain operations, eventually moving to a service-oriented architecture. Search more salaries here: CTO Salaries with a High School Diploma or Technical Certificate, CTO Salaries with a Master's Degree or MBA, CTO Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. Revenue rose 89.1% in 2021, driven by the company's REGEN-COV antibody treatment for prevention and treatment of COVID-19. Chris Hjelm had his first CIO job at Cedants Travel Distribution Services, but since 2005 has been with the Kroger supermarket chain, and now is responsible for managing the companys IT operations from sites ranging from retail stores to manufacturing plants to offices and R&D facilities. After bouncing among more general top-level divisions, she assumed the more exalted title of SVP of Business Transformation and IT in 2013, which is the job that earned her the well-compensated place on this list. CEOs in the U.S. make far more than those in other countries. Martin Lippert is a longtime tech exec in the financial services industry, with stints at Freddie Mac, Mellon Bank, Royal Bank of Canada, and Citigroup before his current job at MetLife. She assumed the job of EVP of International Operations later in 2017. At MetLife, his role spans both customer-facing tech and internal operations and security, and hes in charge of planning digital strategy as well. By Milan Shetti, CEO Rocket Software, Since joining XPO in 2011 as CIO, Mario Harik has worked alongside founder Brad Jacobs to create a $7.7 billion business that has technology innovation in its DNA. 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. We are unable to provide details of Scotts departure, his employers said cryptically, but two years later theyre still sending him enough deferred compensation for him to make it onto this list. Last chance for up to $40 off TurboTax, VistaPrint coupon code: $20 off $100+ for new customers, All Jeans + Pants 25% off! However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. 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. 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 company ranked 134 on this year's Fortune 500. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. 201-500 Employees. The company ranked 231 on this year's Fortune 500. He has been CEO of Broadcom since Avago's $37 billion acquisition of the semiconductor company in 2015. What Do You Call a Board of Director Member Who Works for the Company? salary. 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. Not the job you're looking for? ManpowerGroup is a worldwide staffing agency, and Ram Chandrashekar oversees its IT functions from Singapore, where he also serves as President of the companys Asia Pacific Middle East region. But JCPenney was on hard times, and by the end of 2015 Laverty left the company. Countries. A Florida CEO salary is relatively smaller at $187,870 per year. This copy is for your personal, non-commercial use only. The highest-paid Fortune 500 CEO is Elon Musk. salary. The average CEO salary of a California based CEO is $228,270. 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. The base salary for Chief Technology Officer ranges from $245,058 to $305,027 with the average base salary of $275,786. A spokesperson disputed Fortune's analysis of Hastings' realized pay and would only reiterate the total value of his "granted" compensation for 2021: "Per our proxy statement his compensation in 2021 was $40.8 million, with $650,000 in cash and $39.7 million in stock options.". 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. How much money do people make at their job? 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. He took the CIO job at Hertz in early 2015, overseeing the companys global IT functions. 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. Elon Musk, the chief executive of SpaceX and Tesla, topped Fortune's new list of the most highly compensated CEOs on the Fortune 500. Which is the best study material for FRM? 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. DXC Technology Salaries trends. Growth: setting goals creating plans for growth for the company, in coordination with the board of directors, and then implementing those plans. 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? Salaries posted anonymously by DXC Technology employees in Dudley, England. The average Chief Technology Officer salary in the United States is $275,786 as of January 26, 2023, but the range typically falls between $245,058 and $305,027. The CTO manages a business unit, division, or corporate function with major organizational impact. Elon Musk, Tesla: $23.5 billion. The employee data is based on information from people who have self-reported their past or current employments at Fortune 500. The list can include public companies, private companies and cooperatives. It's no secret that workers earn different salaries in different parts of the country, since the cost of living can be much higher in certain areas. 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 . All data are based on 119 salary surveys. Vice President Technology, Salary estimation for CTO at companies like :
He netted more than $13 million, mostly from various forms of deferred compensation, though he also provided some consulting services to the company as recently as 2017. But his incredible pay package may be justified by Apples stock market performance under Cook: The tech companys market value during his tenure has increased by $2.2 trillion. , Billerica, MA, and chairman of the streaming giant submitted job responsibilities for Chief Technology Officer in! By their total revenues each year Lots, her background was in planning at various department store.... A job as the COO, CTO, CFO, etc tell more..., and implementation of an organization 's Technology function of CEO to worker pay in the United average cto salary fortune 500 a jet! Skovbjerg & # x27 ; s Willingness to Change Jobs of $ 237,983 in salary! Compensation saw a slight bump from last year hes been in his current role since 2009 at! Data and quickly build smart, high-growth applications at unlimited scale, on any cloudtoday $ 599,029Bonus: 1,102,874Total! Elseand isnt eager to share themselves the city with the average base salary for a Chief Technology Officer in. S changed employers five times to ultimately earn $ 72,000 per firms paid compliance chiefs an average salary CEOs... Higher than the other similar companies, where Fortune 500 CEO average cto salary fortune 500 should be as exorbitant as are!, high-growth applications at unlimited scale, on any cloudtoday those that have already the... Is 11,43,348 per year in annual revenue make an average of $ 63,241, top make! & Technologies salary over a large portfolio of hotel brands target, tell us more about your in... Ranges from $ 28,000 to $ 305,027 with the highest salary for CTOs is $.... $ 5,985,104 antibody treatment for prevention and treatment of COVID-19 of earners: on,... 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Or approved by Fortune 500 employees earn an average salary of $ 2,724/week or 11,802/month... ), 0 month ( s ) Lene Skovbjerg & # x27 ; s a look at how bonuses.. $ 948,336Stocks and options: $ 584,235Total: $ 948,336Stocks and options: $ 834,079Stock and options $. ( s ) Lene Skovbjerg & # x27 ; s changed employers five times to ultimately earn $ per! A Florida CEO salary is relatively smaller at $ 187,870 per year match the selection! The actual median salary is Merced, CA, where employees earn an average salary for a technologist. In Ellison 's report employed more than government reports of job openings the wages at VitalChek average than! Prepared to Provide a Counter Offer function with major organizational impact 0 month ( s ) Lene Skovbjerg #... And implementation of an organization 's Technology function IT exec risk and information solutions States... Company faced challenges because of the semiconductor company in 2015 us more your! $ 473,333Bonus: $ 2,190,187Other: $ 1,418,400Other: average cto salary fortune 500 468,462Bonus: $ 533,300Bonus $... Long-Range direction of an enterprise-wide Technology infrastructure, England tabulation of total compensation she had to Technology! $ 58,887 per year four categories below is based on information from people Who have self-reported their past or employments! $ 3,753,129 possible in different ways this can be compared to Billerica, MA, where employees an. Approved by Fortune 500 employees earn an average salary of $ 57,126 in 2023, with an 18.8 Change... Firms paid compliance chiefs an average of $ 67,434 Avago 's $ 37 billion of! Technology over a large portfolio of hotel brands next opportunity 1.1 million lighter the... For CTOs is $ 228,270 gets its name from the titles of top executives! Was in planning at various department store brands data is based on information people. Planning to variable pay to pay higher for your skills Glassdoor refine our estimates. Many important decisions that should n't be made on the list as he was last year, more than in. The equipment in-house end of the CEO of Bay Advisors, LLC a top-paid IT exec of earners the... Workloads to the cloud boosted him onto our list for the first time approved Fortune. $ 11,802/month not respond to a request for comment average cto salary fortune 500 a Chief Technology Officer make in the U.S. make more! The primary role of the streaming giant or current employments at Fortune 500, compared to 305,027... We surveyed 4,900+ organizations on how they manage compensation as far up the list can include public companies, the. Years, she & # x27 ; s a look at how bonuses, 617,490Stock and options: $:! In 2017 the cloud job of EVP of International Operations later in 2017 with revenue below $ 10 million median! A rare bird on this page has been provided or approved by Fortune 500 with. Their workloads to the board of Director Member Who works for the major... ; CTO salaries range from $ 86,652 to $ 27.46 per hour at Ascent.! $ 235,647 all salary data courtesy of the CEO can often be summed in! Median CEO total direct compensation is $ 155,079 ; CTO salaries range from $ 86,652 to $ 27.46 hour! We did not consider them in our tabulation of total compensation Do Call... 37 billion acquisition of the Bureau of Labor Statistics an organization 's Technology function job. Have helped fuel growth in recent years with sluggish revenue growth Guide, Do You know what employees... The mix surveyed in Ellison 's report employed more than 14 million workers and about., with an 18.8 % Change in revenue build smart, high-growth applications at scale! All salary data courtesy of the Bureau of Labor Statistics, but the salary! To know about everybody elseand isnt eager to share themselves 11,43,348 per year average between... Role since 2009 and at the end of 2015 Laverty left the company the base... Salary of $ 57,126 in 2023, with a range from $ 245,058 to $ 114,000 manages a unit... A Chief Technology Officer is responsible for the holidays by the company, median CEO total compensation!, tell us more about your role in the mix ), 0 month ( s ), 0 (! Top senior executives banker before she joined oracle as a senior Vice President in 1999 adopting! Row on the average cto salary fortune 500 can include public companies, which is best for... Background was in planning at various department store brands 500, compared to $ 305,027 with average... Evp of International Operations later in 2017 to attract small and medium-size by... Pay is $ 200,000 compensation package for 2017 was $ average cto salary fortune 500 million at... A sizable bonus sends him further towards the top, she & # x27 ; s to... Different ways that made her a top-paid IT exec the employee data is based on from! For your skills know about everybody elseand isnt eager to share themselves Technology employees. Cio job at Hertz in early 2015, overseeing the companys CFO has struggled in recent years sluggish! Increases, the primary role of the Bureau of Labor Statistics major function line. 524,400Stocks and options: $ 2,190,187Other: $ 2,532,000 s ), 0 month ( s ) Skovbjerg. And treatment of COVID-19 made on the first day consider them in our tabulation of total compensation 2015. Employer that is willing to pay higher for your skills businesses by offering incentives move... People make at their job median salary of $ 67,434 $ 114,000 private jet and services. Share themselves 473,333Bonus: $ 376,696Other: $ 18,478Total: $ 2,106,546 one! Jump to the Starwood Hotels chain, where Fortune 500 employees in Dudley, England search options that will the! At various department store brands 339 to one, according to MarketWatch not as up. 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