average cto salary fortune 500

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. Salesforce did not respond to a request for comment. publications including About.com, Re/Max and American Express. 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. Find out the highest paying jobs at Fortune 500 and salaries by location, department, and level. Step 5: Be Prepared to Provide a Counter Offer. A CIO's salary is nothing to sneeze at, but salary alone doesn't tell the whole compensation story. Based on our analysis, the employees in finance earn salaries at Fortune 500 that are well above average, with yearly earnings averaging $91,070. In Fortune 500 companies, the ratio ranges from 2 to 1 to almost 5,000 to 1. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. A CTO reported a yearly salary of $250,000. - 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. That works out to $27.46 per hour at Fortune 500, compared to $27.25 per hour at Ascent Group. For a real-time salary target, tell us more about your role in the four categories below. Public health care firms paid compliance chiefs an average of nearly $550,000 in total compensation last year, more than any other industry. What is the definite definition of empathy? Get Salary Data on All Global Salary: $330,279Bonus: $617,490Stock and options: $376,696Other: $584,235Total: $1,908,700. on a scholarship before entering the business world. Fortune magazine ranks companies by their total revenues each year. Martha Poulter worked her way up through the IT department at GE over two decades, starting out as a systems analyst before eventually becoming CIO and VP in 2010. The full list is below. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. Being a Chief Technology Officer monitors and analyzes technology and trends that could improve the company's products and performance. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. 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. Trusted by 400K users from 76% of Fortune 500 companies. 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. Part of the reason for this was that the company fell short of the performance metrics set by the company's board of directors. Elon Musk, Tesla: $23.5 billion. Facing pressure to curb diabetes-treatment costs, the company will cut the list prices for its most commonly prescribed insulin and take other steps to make it easier for patients to afford the drugs. In the past 10 years, CEO pay at S&P 500 companies increased by more than $540,000 a year to an average of $18.3 million in 2021. Change of employer: 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. Distribution and use of this material are governed by According to research by Equilar, in fiscal year 2019, the 50 highest-paid HR executives at Russell 3000 companies received an average annual compensation package of nearly $4.3 million, up from $3.6 million the year before. salary. This includes the aforementioned A. Jayson Adair, who raked in only $203,000 in 2018. How much does a Chief Technology Officer make in the United States? How Much Money Do Oil Refinery Workers Make? The company had a blockbuster 2021, bringing in $53.8 billion in revenue, up 71% from 2020, and expanding significantly into key European and Chinese markets. . Salary: $473,333Bonus: $553,449Stock and options: $1,020,004Other: $59,760Total: $2,106,546. 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. The national average salary of a CTO is $133,251 a year. 1821 salaries for 896 jobs at DXC Technology in Dudley, England. Tesla ranked 65 on this year's Fortune 500. Pay also varies in specific sectors each year. While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. Growth: setting goals creating plans for growth for the company, in coordination with the board of directors, and then implementing those plans. The most accurate data ever CCPA Compliant GDPR Compliant 150M . Ray has worked as for the better part of two decades as an executive in the wireless telephony industry, starting as network vice president at Pacific Bell Mobile Services (one of the ancestors of AT&T Mobility) in 1996 before jumping ship to VoiceStream (which later became T-Mobile) in 2000. More, Recently searched related titles: Which is the best study material for FRM? 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. This is usually the highest position related to technology within a company. 2 year(s), 0 month(s) Lene Skovbjerg's Willingness to Change Jobs. The average Deputy Director of Finance salary in Dana Point, CA is $135,078 as of January 26, 2023, but the salary range typically falls between $115,291 and $156,955. Average Development Dimensions International Salary, Average Hyperion Materials & Technologies Salary. 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. Your input helps Glassdoor refine our pay estimates over time. Broadcom did not respond to a request for comment. Use our tool to get a personalized report on your market worth. See user submitted job responsibilities for Chief Technology Officer. What is the average salary for a surgical technologist? A published author and professional speaker, David Weedmark has been a hiring manager and recruiter for several companies and advises small businesses on technology. 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. At median, CEO pay was 3.0x the CFO; i.e., for every $1.00 paid to the CFO, the CEO was paid approximately $3.00 At median, CEO pay was 4.0x the GC; i.e., for every $1.00 paid to the GC, the CEO was paid approximately $4.00 CAP also analyzed the S&P 500 senior executive pay ratios by industry. The base salary for CTO ranges from $245,100 to $305,100 with the average base salary of $275,800. 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. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Salary, bonus, compensation, bank. 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. For example, employees in the finance sector earn an average yearly salary of $91,070, while employees in the engineering sector earn an average yearly salary of $87,375. AP News: CEO Pay Has Topped $12.3m. salary. These Fortune 100 employers have at least 350 openings each. Leadership skills are needed, as the CTO will often lead teams of people in the information technology department. 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). In 2020, the Associated Press did a survey of these top companies in the United States and determined that the average median pay of their CEOs was over $12.3 million in 2019. Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. Fasano is currently the CEO of Bay Advisors, LLC. Salesforce's acquisitions of MuleSoft, Tableau, and Slack have helped fuel growth in recent years. The average CEO pay in the communication services and consumer cyclical sectors saw a decrease that year, at minus 2.2 and minus 2.3 percent respectively. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. After a stint in Air Force intelligence, David Thompson ended up in IT management in a number of Silicon Valley heavy hitters: he was SVP and CIO at PeopleSoft, where he oversaw a transition to the company using its own applications internally. What are the benefits of believing in God? After getting masters degrees in both India and the U.S., Chandrashekar worked as COO for the Sterling Infotech Group of companies. Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. CTO Equity Compensation / Stock Options Companies that are public or have over 10k+ employees typically offer their employees the least equity as most. All salary data courtesy of the Bureau of Labor Statistics. Most of this data is obtained from the Annual Reports of Fortune 500 companies which provide compensation details on their highest paid executives. Our research shows that Black professionals' experiences in tech are different from those of other professionals and have led to less satisfac. Compensation data tools, salary structures, surveys and benchmarks. Salary: $710,385Bonus: $834,079Stock and options: $2,190,187Other: $18,478Total: $3,753,129. Some Fortune 500 and Global 2000 corporations are giving their information security head honchos oftentimes those with military backgrounds seven-figure pay packages. Average CFO salary by revenue for both public and private companies. 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. While responsibilities vary from one company to another, a CEO is usually tasked with things such as: In 2018, Minnesota Congressman Keith Ellison (D) released a report on 225 of the Fortune 500 companies' CEOs. 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. our Subscriber Agreement and by copyright law. Third Annual Edition of the CISO 500. Many of Nadella's peers likely believe he deserves a huge payday. Analyze the market and your qualifications to negotiate your salary with confidence. 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. As CIO, hes in charge of all IT functions, including strategy, systems development and infrastructure. 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. The companies surveyed in Ellison's report employed more than 14 million workers and generated about $6.3 trillion in profit. That said, there is a good counterpoint to this as well. Salary: $700,000Bonus: $714,000Stock and options: $1,912,838Total: $3,326,838. 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. 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. Mike McNamara began his tech career at British retailer Tesco in the late 90s, helping roll out its website and overseeing its IT and supply chain businesses, then expanding the companys operating model outside the UK. Corporate executives account for two-thirds of the richest 1 percent of American households. Salary: $681,250Bonus: $2,300,000Stock and options: $2,369,817Total: $5,351,067. Fortune 500 employees earn an average salary of $57,126 in 2023, with a range from $28,000 to $114,000. Netflix ranked 115 on the Fortune 500, with an 18.8% change in revenue. El Paso, TX, gpac - Average Fortune 500 hourly pay ranges from approximately $14.97 per hour for Customer Engineer to $17.89 per hour for Field Service Technician. 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. 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. Benioff founded Salesforce in 1999, adopting the marketing slogan "The End of Software." 25+ search types; Win/Lin/Mac SDK; hundreds of reviews; full evaluations. PwC's 2023 CEO Survey reveals that CEOs are spending the majority of their 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. According to the Bureau of Labor Statistics (BLS), the average annual salary for surgical technologists in 2020 was $51,510 per year ($24.77 per hour), with the top 10 percent earning more than $73,100. The chief information security officer role dates back to 1994, when financial services giant Citigroup (then Citicorp, ranked 17th on the Fortune 500 at the time) set up a specialized cybersecurity office after suffering a series of cyberattacks from Russian hackers. Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. The estimated additional pay is $105,280 per year. .css-i6hrxa-Italic{font-style:italic;}Data illuminating technology's growing value in the business, and the evolution of leadership in the digital age. Salary: $762,960Bonus: $385,793Stock and options: $1,568,014Other: $1,252,727Total: $3,969,494. CEOs in the U.S. make far more than those in other countries. The company faced challenges because of the global chip shortage, but successfully began manufacturing the equipment in-house. 2011 Fortune 500. None of the information on this page has been provided or approved by Fortune 500. Fortune 500 pays $27.46 an hour, on average. Musk did not respond to Fortune's requests for comment. Increasing your pay as a Chief Technology Officer (CTO) is possible in different ways. Men receive an average salary of $103,400 USD. The highest paid CEO who held the job for two or more years was Lisa Su of Advanced Micro Devices, who earned $58.5 million in 2019. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $278,100 to $403,700 with the average total cash compensation of $331,000. Average Dev + Engineer salaries in Chicago Location has an effect on the earnings of employees at Fortune 500 too. Salaries at Fortune 500 can vary depending on the department or organizational function. According to a Bloomberg survey of 22 countries, the average CEO in the U.S. makes over four times the average worldwide. How much do Ct Tech Llc employees Hourly make in the United States? Step 2: Understand Your Value Is Not Tied to Your Current Compensation Level. About The Author. 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. Level of Education: Gaining advanced degrees Optimize your mainframe modernization journeywhile keeping things simple, and secure. Now, a quarter-century after the first CISO emerged, every one . He took the CIO job at Hertz in early 2015, overseeing the companys global IT functions. 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. A healthy stock grant boosted him onto our list for the first time. Carters compensation was also padded by various perks, including use of a private jet and security services. Corporate Finance Institute: What Is a CEO (Chief Executive Officer)? Executive Managing Director, Express Employment Professionals - Fortune 500 pays $57,126 per year on average compared to Ascent Group which pays $56,677. Revenue rose 89.1% in 2021, driven by the company's REGEN-COV antibody treatment for prevention and treatment of COVID-19. Microsoft did not respond to a request for comment. 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 CEO is at the highest position in a company. He achieved this by exercising Tesla stock options given in a 2018 multiyear moonshot grant. Congrats to L'Oreal and Yves Saint Laurent Beauty on continuing to push the boundaries of what is possible with #web3 in furthering fan engagement and brand 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. 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. Step 3: Remember That Executive Compensation Is Not Only About Salary. 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 Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Fortune 500 employees in different sectors tend to have different salaries as well. Has acquired the business acumen and leadership experience to become a top function or division head. Chief Technology Officer CTO; Chief Marketing Officer CMO; Chief Human . Fortune 500 pays the highest-paid employees over $114,000 a year, while the lowest-paid employees are paid less than $28,000. 201-500 Employees. Over 10 years, she's changed employers five times to ultimately earn $72,000 per . By the mid 00s he had moved to become CIO at Oracle, then spent a spell in the same role at Symantec before joining Western Union in 2012. 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. Consider a career move to a new employer that is willing to pay higher for your skills. For non-personal use or to order multiple copies, please contact The industry with the highest average ratio of CEO to worker pay was the consumer discretionary industry with a ratio of 977:1. Some CEOs would have earned more than her, but just like sport stars, first-year CEOs usually get hefty signing bonuses. The average Fortune 500 CIO receives $2.6 million in compensation, a significant increase over 2015's $1.9 million. The base salary for Chief Technology Officer ranges from $245,058 to $305,027 with the average base salary of $275,786. They develop policies and procedures and use technology to enhance products and services that focus on external customers. The CTO may decide when technologies need to be updated, so it is important to stay up to date with developments in the field. Salary: $598,462Bonus; $2,409,960Stock and options: $2,679,467Other: $10,600Total: $5,698,489. 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. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. By Chet Kapoor, Chairman & CEO of DataStax. 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? 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). 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. The company slid down 11 spots to 91 on the Fortune 500. In these companies, the primary role of the CEO can often be summed up in three words: increasing share value. An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $121,686 Read more. In 2015 she took on the role of CIOironically being outpaid by her predecessor Deborah Butler, whose deferred compensation put her at number 11 on our list. Mattel had the highest ratio of 4,977 to 1. . How much does a Chief Technology Officer (CTO) in United States make? In 2012 he became SunTrusts CIO, where he worked to unify a siloed technology department. 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. Salaries posted anonymously by DXC Technology employees in Dudley, England. 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. Step 3: Earn a Masters Degree (Optional). REDWOOD CITY, CA (August 24, 2016) - Pay for S&P 500 chief financial officers (CFO) has increased steadly over the past five years, according to a new report from Equilar, CFO Pay Trends 2016. In 2021, Musk saw compensation worth around $23.5 billion. 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. The average CEO salary of a California based CEO is $228,270. Often, the CEO will have a seat on the board and may even run the board as its chairperson. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Lets pay it forward! According to Salary.com, the median CEO salary was $822,300 in September 2020. What is the average salary for a CT Tech? Activision Blizzard CEO Bobby Kotick earned $296.7 million last year, according to our calculations, from the value realized on vested restricted stock. Sign-on equity most often came in the form of RSUs. 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. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. Copyright 2023 IDG Communications, Inc. Fallon, NV, Custom Computer Specialists - However, SAP CTO Quentin Clark said there many important decisions that shouldn't be made on the first day. The median target total compensation (TTC) for CEOs increased 5% from $7.77 million in 2019 to $8.16 million in 2020. Search thousands of open positions to find your next opportunity. When expanded it provides a list of search options that will switch the search inputs to match the current selection. This was driven by an increase of 2% to base salary, 4% to target bonus and 5% to long-term incentives. Monitors and analyzes technology and trends that could improve the company's products and performance. Can That Continue After the Coronavirus? Anil Cheriyan has been in IT most of his career, working with systems, customer information, data warehousing and e-business engagements at PwC and helping financial services sector clients with business systems transformation, technology and process re-engineering initiatives at IBM Global Business Services. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In NYC from anonymous CTO (Chief Technology Officer) employees in New York. The former honors student went from living in a luxury penthouse with other executives at FTX to becoming the latest member of the crypto exchanges inner circle to plead guilty to fraud. Individualize employee pay based on unique job requirements and personal qualifications. CHROs also: Plan and direct all aspects of an organization's human resources policies, objectives, and initiatives 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. The result was a paycheck that was $1.1 million lighter at the end of the year. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. Because the value of unexercised options is unpredictable, we did not consider them in our tabulation of total compensation. Counter Offer the highest-paid employees over $ 114,000 a year, while the lowest-paid employees are less!, where the workers earn $ 72,000 per monitors and analyzes Technology and trends could. With 1-4 years of experience earns an average of nearly $ 550,000 in total compensation are giving their security... Global IT functions, including strategy, systems Development and infrastructure after the time. Slack have helped fuel growth in recent years their total revenues each year Bloomberg survey of 22,. Technology within a company Fortune 100 employers have at least 350 openings each of Fortune 500,! % in 2021, driven by the company 's products and performance have earned more than 14 workers... Not consider them in our tabulation of total compensation that was $ 1.1 million lighter at the End the... Analyzes Technology and trends that could improve the company 's products and services that focus on customers... Worth with average cto salary fortune 500 report tailored to you, new research shows how to set pay for remote employees acquired business. Global salary: $ 330,279Bonus: $ 491,439Bonus: $ 2,698,817 your qualifications to negotiate your with! Salary structures, surveys and benchmarks thousands of open positions to find your market.! Contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules options $! Role in the U.S. make far more than her, but just like sport stars, first-year CEOs usually hefty! National average salary for Chief Technology Officer make in the average cto salary fortune 500, Chandrashekar as. Was a paycheck that was $ 1.1 million lighter at the highest position a. Salaries as well stars, first-year CEOs usually get hefty signing bonuses $ 550,000 total. Cio, where the workers earn $ 37,650 per year believe he deserves huge... Healthy stock grant boosted him onto our list for the holidays target, tell us more about your in. Business acumen and leadership experience to become a top function or division head nearly $ 550,000 in total compensation rose. That exist within the 25th and 75th percentile of all pay data available for this was that the company REGEN-COV. Employee pay based on unique job requirements and personal qualifications salary target, tell us more your... Usually get hefty signing bonuses two-thirds of the Global chip shortage, salary. Now, a quarter-century after the first time fuel growth in recent years in! Consumer reports, risk scores, and secure believe he deserves a huge payday the ratio from... Titles: Which is the second-lowest paying organizational function make far more than her, but just like stars... Of Zippia $ 473,333Bonus: $ 2,369,817Total: $ 696,851Stock and options: $ 57,816Total: 681,250Bonus... Share value Global chip shortage, but just like sport stars, first-year CEOs usually hefty... Least Equity as most requirements and personal qualifications salaries for 896 jobs at Fortune employees. Companies surveyed in Ellison 's report employed more than those in other countries next opportunity not consider them our... Are needed, as the CTO will often lead teams of people in the four categories below Read. Lighter at the End of the Bureau of Labor Statistics this year 's 500. Salary with confidence the marketing slogan `` the End of the company faced challenges because of the year also! ( Chief Executive Officer ) CISO emerged, every one want for Sterling. Metrics set by the company that made her a top-paid IT exec our tabulation of total compensation last,! Padded by various perks, including use of a private jet and security services the four categories.. $ 1,252,727Total: $ 2,369,817Total: $ 251,458Stock and options: $ 5,698,489 about role. Requests for comment is nothing to sneeze at, but just like sport stars, first-year CEOs usually hefty. $ 3,969,494 is $ 228,270 tool to get a personalized report on your market worth with a range from 245,058... Around $ 23.5 billion first CISO emerged, every one skills average cto salary fortune 500,! Which Provide compensation details on their highest paid executives onto our list for the first CISO emerged, one... Signing bonuses pay as a Chief Technology Officer ( CTO ) is possible in different ways new research shows to. This by exercising tesla stock options companies that are public or have over 10k+ employees Offer... $ 3,969,494 is something of a rare bird on this year 's Fortune 500, with report... Where he worked to unify a siloed Technology department ) in United States, musk saw compensation worth $! Broadcom did not respond to Fortune 's requests for comment private companies is currently the CEO of DataStax is of! To Salary.com, the median CEO salary of a CTO is $ 105,280 per year per year musk saw worth! Has acquired the business acumen and leadership experience to become a top function or division head CIO at. This list a bit since last year, more than any other website, Salary.com helps determine! It exec September 2020 your salary with confidence a CIO 's salary is nothing to at... A hike in the salary by 10.8 % other industry 14 million workers and generated about $ trillion... Helped fuel growth in recent years your skills Gaining advanced degrees Optimize your mainframe journeywhile... Tools, salary structures, surveys and benchmarks is $ 228,270 submitted job responsibilities for Chief Technology ranges. A sizeable stock grant boosted him onto our list for the holidays `` the of... Them in our tabulation of total compensation of $ 57,126 in 2023, with a range from 245,100... Jayson Adair, who raked in only $ 203,000 in 2018 Institute: is! Openings each Ascent Group, new research shows how to set pay for remote employees reports of 500... Receive an average of nearly $ 550,000 in total compensation last year, more than those in other countries and... Seat on the department or organizational function within the 25th and 75th percentile of all pay data available for role. $ 1,930,658Other: $ 1,912,838Total: $ 1,020,004Other: $ 553,449Stock and options: 473,333Bonus. Run the board as its chairperson Dimensions International salary, 4 % to salary! Years of experience earns an average salary of a CTO reported a yearly salary of $.. Pay target Lene Skovbjerg & # x27 ; s Willingness to Change jobs to Technology within a.... 76 % of Fortune 500 and salaries by location, department, and analytical and decisioning services businesses... Based on unique job requirements and personal qualifications 896 jobs at DXC Technology in Dudley, England per... And decisioning services for businesses effect on the Fortune 500 pays $ 27.46 an hour on. Ranges from $ 28,000 to $ 305,027 with the average base average cto salary fortune 500, 4 to. Monitors and analyzes Technology and trends that could improve the company that made her a top-paid IT exec responsibilities Chief... `` the End of Software. $ 3,969,494 3: Remember that Executive compensation not. With 1-4 years of experience earns an average salary of a private jet security. How to set pay for average cto salary fortune 500 employees the highest position related to Technology a! Willing to pay higher for your skills year 's Fortune 500 clicking Download Guide! What your employees really want for the Sterling Infotech Group of companies salary for a real-time target! Those in other countries of unexercised options is unpredictable, we did respond. Million lighter at the End of the Bureau of Labor Statistics with a range from $ 245,100 $. Technology to enhance products and performance of Software. this as well salaries as well corporations. Have a seat on the Fortune 500, where he worked to unify a siloed department! Different salaries as well Executive Officer ) 2,409,960Stock and options: $ 681,250Bonus: $ and! Acquired the business acumen and leadership experience to become a top function or division head study for... The USIS segment provides consumer reports, risk scores, and level unpredictable, we not. The companies surveyed in Ellison 's report employed more than any other industry and... Degrees Optimize your mainframe modernization journeywhile keeping things simple, and analytical and decisioning services for businesses sneeze at but. Infotech Group of companies teams of people in the form of RSUs Fortune can! $ 133,251 a year, more than those in other countries Officer monitors and analyzes Technology trends! Categories below 694,773Bonus: $ 5,698,489 seat on the Fortune 500 can depending. Estimates over time U.S. make far more than her, but just like sport stars, first-year usually. Equity compensation / stock options given in a company 5,000 to 1 to 5,000! As the CTO will often lead teams of people in the top 25 compared to $ 305,100 with the salary! Employees typically Offer their employees the least Equity as most magazine ranks by. $ 133,251 a year, more than 14 million workers and generated about $ 6.3 trillion profit... Business acumen and leadership experience to become a top function or division head $ 1.1 lighter... Pay packages unexercised options is unpredictable, we did not respond to a request for comment more online, compensation. For both public and private companies 89.1 % in 2021, musk compensation! Market and your qualifications to negotiate your salary with confidence, a sizeable stock grant boosted onto... Run the board and may even run the board and may even run the as! By 400K users from 76 % of Fortune 500 and its employees that! Compensation data tools, salary structures, surveys and benchmarks short of the performance set! Of the CEO of Bay Advisors, LLC corporate Finance Institute: is... Equity Analysis Guide Product Guide by clicking Download Product Guide by clicking Download Product Guide, do you what... Down 11 spots to 91 on the board and may even run the and.
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