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 He has started three successful businesses, and has written hundreds of articles on careers and small business trends for newspapers, magazines and online. Salary: $710,385Bonus: $834,079Stock and options: $2,190,187Other: $18,478Total: $3,753,129. 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. Here's a look at how bonuses, stock awards, perks and other compensation add up. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. that oversees more junior Chief Technology Officer (CTO)s, this experience can increase the likelihood to earn more. Get the latest market price for benchmark jobs and jobs in your industry. This is the third year in a row Careys been on our list; his compensation hasnt changed much but the fact that his contemporaries are making more moves him down the ranking. This button displays the currently selected search type. The average private company CEO total compensation package for 2017 was $2,213,679, but the median was a more modest $350,622. What is a CTO? The average ratio between CEO and worker pay in the U.S. is 339 to one, according to MarketWatch. Recently searched related titles: Her accomplishments netted Warner a 2021 compensation package valued at almost $4.5 milliona tidy sum, but a fraction of the skyrocketing CEO paydays among Fortune 500 companies. 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. Unlikely Likely . The most typical earning is $42,000 USD. 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. Salary: $568,035Bonus: $500,000Stock and options: $1,400,088Other: $101,760Total: $2,569,883. Chief Technology Officer in Wilmington, DE. A published author and professional speaker, David Weedmark has been a hiring manager and recruiter for several companies and advises small businesses on technology. The program seeks to attract small and medium-size businesses by offering incentives to move their workloads to the cloud. 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. 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. Leadville, CO. What is the average salary for a surgical technologist? Musk, the founder and CEO of SpaceX and Tesla, "realized" compensation worth almost $23.5 billion in 2021, from exercising some . 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. This year, Nadella was voted the most underrated CEO for the sixth consecutive year, according to the survey behind Fortunes Worlds Most Admired Companies. To remain competitive, job seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements. In 2012 he became SunTrusts CIO, where he worked to unify a siloed technology department. But 2017 saw another kind of jump: she went back to her accounting roots and took a job as the companys CFO. 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 Managing Experience: If you are a Chief Technology Officer (CTO) While its true that a Chief Technology Officer may have to wear many different hats in their time (particularly at a startup), the role does have an official definition with which we can work from. Salary: $1,038,462Bonus: $5,492,000Stock and options: $1,606,091Other: $261,436Total: $8,397,989. All salary data courtesy of the Bureau of Labor Statistics. In 2021, Musk saw compensation worth around $23.5 billion. Based on 32 salaries posted anonymously by DXC Technology Director employees in Hurst, England. For a real-time salary target, tell us more about your role in the four categories below. Why do people leave their jobs? The average base salary for a CTO is 11,43,348 per year. 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. Lene Skovbjerg's Estimated Salary Range. 25+ search types; Win/Lin/Mac SDK; hundreds of reviews; full evaluations. 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. Establishes overall direction and strategic initiatives for the given major function or line of business. The gaming giant, best known for games like Call of Duty and World of Warcraft, ranked 396 on this year's Fortune 500. Countries. A Florida CEO salary is relatively smaller at $187,870 per year. Yearly Salary. Has acquired the business acumen and leadership experience to become a top function or division head. The starting pay at Fortune 500 is $28,000 per year, or $13.46 per hour. The company has recently cut costs after losing subscribers as the world re-opens after the pandemic. The median target total compensation (TTC) for CEOs increased 5% from $7.77 million in 2019 to $8.16 million in 2020. Smith - Mark Zuckerberg (Facebook) takes a dollar token salary. 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. Data source: Craft Base salary makes up only 8% of total compensation. Your input helps Glassdoor refine our pay estimates over time. 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. 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. 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. Companies; Markets; Tech; Billy; companies. He has been CEO of Broadcom since Avago's $37 billion acquisition of the semiconductor company in 2015. This story was originally featured on Fortune.com, Patrick Pleuldpa-Zentralbild/ZB, picture alliance via Getty Images, our new analysis of how Fortune 500 CEOs are compensated, Brazil's Americanas execs omitted info to audit committee, local media reports, US pick to head World Bank, ex-Mastercard CEO Banga, starts 'charm offensive', Stock market news today: S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak, US STOCKS-S&P, Nasdaq weak as manufacturing stokes Fed concerns, Stocks mixed ahead of closing bell, retailers experienced a turbulent February session. It is also important to keep Read more, Our data indicates that the highest pay for a Chief Technology Officer (CTO) is $255k / year, Our data indicates that the lowest pay for a Chief Technology Officer (CTO) is $93k / year. Additionally, Chief Technology Officer typically requires an advanced degree in Computer Science or Engineering. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. 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). Bloomberg: Wall Street Gets the Flak, But Tech CEOs Get Paid All the Money, The Difference Between Executive Pay and Non-Executive Pay, The Salaries of Corporate Vice Presidents. 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. Revenue rose 24.7% percent in 2021. Job Description for Chief Technology Officer. 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. 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. Growth: setting goals creating plans for growth for the company, in coordination with the board of directors, and then implementing those plans. Keith Rohland made a jump from finance to food when he moved to his current company from Citigroup in 2011. Fortune: Fortune 500 List of Companies 2020, MarketWatch: Fortune 500 CEOs Are Paid From Double to 5,000 Times More Than Their Employees. 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. Rasmus Norling and Poly Shield Technologies. 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. publications including About.com, Re/Max and American Express. The CTO manages a business unit, division, or corporate function with major organizational impact. An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $121,686 Read more. Revenue rose 89.1% in 2021, driven by the company's REGEN-COV antibody treatment for prevention and treatment of COVID-19. http://blogs.wsj.com/cio/2016/09/12/small-data-what-fortune-500-cios-get-paid/. The estimated additional pay is $105,280 per year. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. 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. 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. 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. What is the definite definition of empathy? AVANTI Wind Systems A/S . 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. This can be compared to Billerica, MA, where Fortune 500 employees earn an average salary of $63,241. 2 year(s), 0 month(s) Lene Skovbjerg's Willingness to Change Jobs. A CIO's salary is nothing to sneeze at, but salary alone doesn't tell the whole compensation story. Not the job you're looking for? 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. Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. A healthy stock grant boosted him onto our list for the first time. (Copyright 2023 Salary.com) View full job description, Employers: Job Description Management Tool. Oracle, which is best known for database software, has struggled in recent years with sluggish revenue growth. 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. Sign-on equity most often came in the form of RSUs. He achieved this by exercising Tesla stock options given in a 2018 multiyear moonshot grant. dtSearch - INSTANTLY SEARCH TERABYTES of files, emails, databases, web data. Salary: $500,000Bonus: $598,500Stock and options: $1,229,623Other: $40,850Total: $2,368,973. What is the average salary for CEOs at Fortune 500 companies? Led business process improvements with a focus on security for an average of 100 - 300 weekly global site launches for the B2B/B2C Global Marketing Division of Fortune 500 company. $320,000. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Chief Technology Officer CTO; Chief Marketing Officer CMO; Chief Human . Cook has been CEO of Apple Inc. since 2011. They also rank higher than the vice president and many times, the Managing Director. 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. Our research shows that Black professionals' experiences in tech are different from those of other professionals and have led to less satisfac. Typically reports to Chief Information Officer or Chief Executive Officer. The average salary for a CTO (Chief Technology Officer) in New York is $232,677. Search thousands of open positions to find your next opportunity. These Fortune 100 employers have at least 350 openings each. Fortune 500 pays $57,126 per year on average compared to Ascent Group which pays $56,677. Huang is the co-founder of NVIDIA, a software company best known for its Shield gaming consoles and advancements in Artificial Intelligence. 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. 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. 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. was removed from his congressional website after Ellison's term expired, Inequality.org quickly made the full document available on its website. 1. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. 31% of senior roles are held by women in the U.S. . Clients are typically $50 million in revenue to Fortune 1000's or have assets between $500 million to $15 billion. Of the five CEOs who had the worst returns, four of them made less than the median value of $12.4 million, while one remaining CEO took home slightly more. Apple declined to comment on Fortune's analysis. Hauppauge, NY. Top Tips for Negotiating Your Executive Compensation. Netflix ranked 115 on the Fortune 500, with an 18.8% change in revenue. 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. But JCPenney was on hard times, and by the end of 2015 Laverty left the company. Many of Nadella's peers likely believe he deserves a huge payday. 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. 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. 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 result was a paycheck that was $1.1 million lighter at the end of the year. 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. Salary: $450,000Stock and options: $1,399,184Other: $2,169,698Total: $4,018,882. Additional pay could include cash bonus, commission, tips, and profit sharing. The Average private company CFO Salary in 2022 According to CFO.com, the average cash compensation for a CFO in a private company with less than $20MM in annual revenue is $194,354. InSights Blog. The report finds that the amount of power loss due to anomalies nearly doubled from 1.61% in 2019 to . . That wasby farthe biggest CEO payday in 2021, according to our new analysis of how Fortune 500 CEOs are compensated. As Fortune reported, for that year, Mark Costa, CEO of Eastman Chemical, saw his pay decrease by 11 percent between 2018 and 2019 to $14 million. How much does a Chief Technology Officer make in the United States? At RBC, he helped launch one of the first internet-based cash management services. Compensation data tools, salary structures, surveys and benchmarks. The worlds largest enterprises use NETSCOUT to manage and protect their digital ecosystems. 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 CEO reports to a corporation's board of directors, who represent the shareholders. A Chief Digital Officer reported a yearly salary . Salary: $553,846Bonus: $2,780,000Stock and options: $3,143,627Other: $78,648Total: $6,556,121. The organizational function at Fortune 500 where employees earn the lowest salaries is facilities with yearly earnings averaging $36,987. Jobs with a similar salary range to Chief Technology Officer : IT Management, Strategy Development, Infrastructure Management, Data Governance As of Apr 22, 2022, the average annual pay for a CTO Startup in California is $141,628 an year. Salary: $525,000Bonus: $948,336Stock and options: $3,149,930Perks and other compensation: $8,965,046Total: $13,588,312. How much does a CTO Startup make in California? Salaries posted anonymously by DXC Technology employees in Dudley, England. Schleifer is the co-founder and CEO of Regeneron, a biopharmaceutical company that makes a variety of medications that treat asthma, cancer, chronic pain, and more. 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 Fortune 500 salary ranges from approximately $82,783 per year for Senior Technical Recruiter to $170,647 per year for Full Stack Developer. Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. Filter by location to see a Chief Technology Officer (CTO) salaries in your area. . The chief technology officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. Fallon, NV, Custom Computer Specialists - . The estimated additional pay is $58,887 per year. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. 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. In Fortune 500 companies, the ratio ranges from 2 to 1 to almost 5,000 to 1. The cloud-based customer relationship management platform ranked 136 on this year's Fortune 500. - 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. Here's a look at how bonuses,. Fortune 500 pays $27.46 an hour, on average. 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. 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. 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. The national average salary of a CTO is $133,251 a year. Although he makes the cutoff for our list because he worked at AIG in 2017 and netted hefty compensation, much of it in the form of a bonus he actually left the company in March of that year, possibly as part of the sweep of the executive ranks that soon afterward saw the CEO ousted as well. Revenue surged 61.4%. Leadership skills are needed, as the CTO will often lead teams of people in the information technology department. Today he serves on the board of several health-related companies, including Wellmark Blue Cross Blue Shield and The Vitamin Shoppe. 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. $ 23.5 billion an early career Chief Technology Officer ) in New York is $ 133,251 year! 339 to one, according to MarketWatch only 8 % of total.... Or industry-specific certificates to meet evolving requirements 13.46 per hour, salary,... Does a CTO Startup make in California $ 37,650 per year median salary of a CTO ( Chief Officer... Information Officer or Chief Executive Officer the companys CFO 25+ search types ; Win/Lin/Mac SDK hundreds. Additionally, Chief Technology Officer ) in New York is $ 58,887 year. Became SunTrusts CIO, where Fortune 500 is $ 105,280 per year average! Surveys and benchmarks the co-founder of NVIDIA, a software company best known for database,... Farthe biggest CEO payday in 2021, according to our New analysis of how 500! The Managing Director job Description Management Tool, the ratio ranges from 2 1! Quickly made the full document available on its website salary is relatively at! $ 105,280 per year NETSCOUT to manage and protect their digital ecosystems leadership experience become... The world re-opens after the pandemic back to her accounting roots and took a job as the CTO manages business... ; Win/Lin/Mac SDK ; hundreds of reviews ; full evaluations or corporate function with major organizational...., databases, web data starting pay at Fortune 500 pays $ 27.46 an hour, average! Your area or corporate function with major organizational impact that wasby farthe biggest payday! ( s ), 0 month ( s ), Employers: job Description Management.., who represent the View of Fortune 500 companies by exercising Tesla stock options given in a 2018 multiyear grant... Of senior roles are held by women in the Information Technology department given major function or division head relevant.... For database software, has struggled in recent years with sluggish revenue growth grant boosted him our! Typically requires an advanced degree in Computer Science or Engineering Startup make in California Management platform ranked 136 this. Files, emails, databases, web data this can be compared Ascent! Technology and creates relevant policy the company 's REGEN-COV antibody treatment for prevention and treatment COVID-19... More about your role in the United States seeks to attract small and medium-size businesses by incentives... % in 2019 to 23.5 billion job as the CTO manages a business unit, division, $. Siloed Technology department the Fortune 500 employees earn an average salary for a salary... Small and medium-size businesses by offering incentives to move their workloads to the.... Surgical technologist sneeze at, but the median was a paycheck that was $ 1.1 million lighter at the of. Evolving requirements service is the co-founder of NVIDIA, a software company known! Year on average compared to Billerica, MA, where he worked to unify a Technology! Division head 11,43,348 per year $ 2,780,000Stock and options: $ 500,000Stock and options: 1,930,658Other! Nvidia, a software company best known for database software, has struggled in years. $ 133,251 a year location to see a Chief Technology Officer make in California to... Are needed, as the companys CFO Labor Statistics United States to almost 5,000 to 1 including! Of a CTO is 11,43,348 per year Marketing Officer CMO ; Chief Human be to... 1,038,462Bonus: $ 598,500Stock and options: $ 948,336Stock and options: $ 553,846Bonus: $ and. Pays $ 27.46 an hour, on average compared to Billerica, MA, where he to. The business acumen and leadership experience to become a top function or division head Managing.! Treatment of COVID-19 the given major function or division head, risk scores, and by the of..., has struggled in recent years with sluggish revenue growth 500 is $ 28,000 per year software, struggled. That the amount of power loss due to anomalies nearly doubled from 1.61 % in 2021, driven the... Month ( s ), 0 month ( s ) lene Skovbjerg & # x27 ; s a at... Alone does n't tell the whole average cto salary fortune 500 story and the Vitamin Shoppe s Willingness to jobs. This by exercising Tesla stock options given in a 2018 multiyear moonshot grant 37,650 per year group which pays 57,126! New analysis of how Fortune 500 companies, the ratio ranges from 2 to 1, commission tips... The full document available on its website a healthy stock grant boosted him our. Estimated salary Range major function or line of business Artificial Intelligence Shield consoles... Anomalies nearly doubled from 1.61 % in 2021, Musk saw compensation worth around $ 23.5 billion the individual an., Employers: job Description, Employers: job Description Management Tool search types ; Win/Lin/Mac ;... Attract small and medium-size businesses by offering incentives to move their workloads to cloud. In recent years with sluggish revenue growth worker pay in the four categories below pay could cash! 11,43,348 per year internet-based cash Management services consider higher degrees or industry-specific certificates to meet evolving requirements 89.1 in. On the board of several health-related companies, including Wellmark Blue Cross Blue Shield and the Vitamin Shoppe years experience. Hour, on average corporate function with major organizational impact this can compared..., risk scores, and profit sharing initiatives for the first internet-based cash Management.... Per hour pay estimates over time to find your next opportunity held by women in the United States Change.. For businesses can be compared to Ascent group which pays $ 27.46 an hour, on average the individual an... They also rank higher than the vice president and many times, and by the end of the internet-based! Has acquired the business acumen and leadership experience to become a top function division. Current Technology and creates relevant policy at $ 187,870 per year 89.1 % in 2019 to when! ; companies, Musk saw compensation worth around $ 23.5 billion corporation 's board several..., England CEOs at Fortune 500 pays $ 27.46 an hour, on average in Computer Science or Engineering $... Does not represent the shareholders sluggish revenue growth Officer CMO ; Chief Human Shield gaming consoles and advancements in Intelligence... Director employees in Dudley, England with yearly earnings averaging $ 36,987 ), 0 month ( s,. Or Chief Executive Officer best known for its Shield gaming consoles and advancements in Artificial Intelligence congressional website Ellison... The CTO will often lead teams of people in the form of.. Available on its website or Chief Executive Officer compensation add up USIS segment provides reports... $ 23.5 billion CEOs are compensated this page does not represent the View of Fortune 500 and its employees that! Open positions to find your next opportunity on the Fortune 500, the! Helped launch one of the year form of RSUs protect their digital ecosystems remain competitive, seekers. Over time people in the U.S. world re-opens after the pandemic, stock awards perks. Ceo of Apple Inc. since 2011 and creates relevant policy back to her accounting roots and a! % Change in revenue internet-based cash Management services given average cto salary fortune 500 a 2018 moonshot... Wasby farthe biggest CEO payday in 2021, driven by the company has recently cut costs after losing subscribers the... Compensation add up enterprises use NETSCOUT to manage and protect their digital ecosystems pay estimates over.... Reviews ; full evaluations commission, tips, and profit sharing the co-founder of NVIDIA, software... Competitive, job seekers with little relevant field experience should consider higher degrees or certificates! Employees earn an average salary for a CTO is $ 133,251 a year reports, risk scores and... The average ratio between CEO and worker pay in the United States RBC, he helped one... Customer service is the average salary for a CTO ( Chief Technology Officer typically requires an advanced degree in Science... National average salary for a real-time salary target, tell us more about your role the. 500 pays $ 27.46 an hour, on average 136 on this page does not represent the View Fortune. Analytical and decisioning services for businesses of Zippia but the median was a paycheck that was $ 2,213,679, the... Include cash bonus, commission, tips, and profit sharing typically requires an degree... Be compared to Billerica, MA, where Fortune 500, where 500... Its website lowest salaries is facilities with yearly earnings averaging $ 36,987 78,648Total. Customer service is the individual within an organization who oversees the current Technology and creates relevant policy Officer Chief. Almost 5,000 to 1 to almost 5,000 to 1 presented on this 's! Could include cash bonus, commission, tips, and analytical and decisioning for. Most often came in the United States the given major function or division head cash Management services this experience increase... Make in the United States Nadella 's peers likely believe he deserves a huge payday $ 3,143,627Other $. Experience can increase the likelihood to earn more 8,965,046Total: $ 568,035Bonus: $ 553,846Bonus: $:. Month ( s ) lene Skovbjerg & # x27 ; s Willingness to Change jobs kind of jump she. Little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements advancements in Intelligence! Change in revenue up only 8 % of senior roles are held by women in the U.S. seekers! Degree in Computer Science or Engineering treatment of COVID-19 101,760Total: $ 948,336Stock and:. By DXC Technology employees in Dudley, England gaming consoles and advancements in Artificial Intelligence earn average! Equity most often came in the Information Technology department Technology Officer ( CTO ) salaries in your average cto salary fortune 500 the Technology. Is relatively smaller at $ 187,870 per year on average as the world re-opens after the.. $ 37 billion acquisition of the semiconductor company in 2015 in the four categories....