Clients are typically $50 million in revenue to Fortune 1000's or have assets between $500 million to $15 billion. 1821 salaries for 896 jobs at DXC Technology in Dudley, England. 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. Average Fortune 500 hourly pay ranges from approximately $14.97 per hour for Customer Engineer to $17.89 per hour for Field Service Technician. 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. . Looking at our data, we can see that employees at Fortune 500 earn more in some areas than others. Your input helps Glassdoor refine our pay estimates over time. Philip Fasano worked in the IT departments for a number of financial services companies over his career, including Capital One Financial, JP Morgan Chase, and Deutsche Financial Services, before moving to the HMO Kaiser Permanente to take on the EVP and CIO role. 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. Salary: $710,385Bonus: $834,079Stock and options: $2,190,187Other: $18,478Total: $3,753,129. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. 201-500 Employees. The Los Angeles Times reports that big companies are paying big bucks to its top cyber fighters. CEO pay in technology increased by 8.4 percent, and CEOs in real estate and utilities saw an average increase of 7.9 and 7.7 percent respectively. Microsoft did not respond to a request for comment. Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. Leadville, CO. She assumed the job of EVP of International Operations later in 2017. This button displays the currently selected search type. While the CEO of a smaller company will have a hands-on role within the company, such as hiring staff, meeting with customers or watching over production, this isn't usually the case in a large enterprise like a Fortune 500 company. Apple ranks 3 on the Fortune 500. Salaries are different between men and women. Vice President Technology, Salary estimation for Chief Technology Officer at companies like : 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. 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. 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. 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. She became co-CEO with Mark Hurd in 2014. 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. The average CEO salary of a California based CEO is $228,270. CEO pay dwarfs that of the average employee. Mark Zuckerberg (Facebook) takes a dollar token salary. Robert Carter has been with FedEx since 1993, and he sets the technology direction of the shipping giants applications, networks and data centers. More often than not, I'd say most 'big company' C-level executives typically make mid to high six figures (sometimes low seven figures), salary-wise. Those that have already made the climb TransUnion provides risk and information solutions. Unlikely Likely . 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. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Hastings is the co-founder, CEO, and chairman of the streaming giant. 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. CFOs for private companies with $21-$99MM in annual revenue make an average of $237,983 in base salary. Additional pay could include cash bonus, commission, tips, and profit sharing. 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. They only report to the board of directors and the chairperson of the board of directors. Analyze the market and your qualifications to negotiate your salary with confidence. Yearly Salary. 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). But 2017 saw another kind of jump: she went back to her accounting roots and took a job as the companys CFO. . 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. This can be compared to Billerica, MA, where Fortune 500 employees earn an average salary of $63,241. Matt Carey has worked at Home Depot for nearly a decade and oversees all aspects of IT infrastructure and software development for its sprawling network of stores and distribution centers, as well as the corporate website and supply chain. Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. The engineering department also pays well, with an average salary of $87,375 per year. The city with the highest average salary is Merced, CA, where employees earn an average salary of $67,434. For example, CTOs at companies that have raised Over 30M typically get between 0 and 1M+ shares. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. 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. Just in case you need a simple salary calculator, that works out to be approximately $68.09 an hour. 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. on a scholarship before entering the business world. Which is the best study material for FRM? Fortune magazine ranks companies by their total revenues each year. Mayor Lori Lightfoot, weighed down by fights with unions and a surge in crime, failed to qualify for a runoff electionfour years after winning all 50 of Chicagos wards. The CTO may decide when technologies need to be updated, so it is important to stay up to date with developments in the field. The CEO reports to a corporation's board of directors, who represent the shareholders. They also rank higher than the vice president and many times, the Managing Director. Forbes, Fortune, Money, CNN, and MarketWatch are all pretty close to the same numbers for Fortune 500 CEOs. The amount you earn as a CTO may vary based on your education level, work experience and skill set. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. New York. 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. Can That Continue After the Coronavirus? 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. Hes not as far up the list as he was last year, but his sizable performance bonus kept him in the mix. While the median cash bonus reported was $50,000, the average was $134,050 (a few respondents reported receiving very high joining bonuses). Revenue rose 89.1% in 2021, driven by the company's REGEN-COV antibody treatment for prevention and treatment of COVID-19. Search thousands of open positions to find your next opportunity. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. The median target total compensation (TTC) for CEOs increased 5% from $7.77 million in 2019 to $8.16 million in 2020. What are they . The highest salary for a Chief Technology Officer (CTO) in United States is $308,146 per year. This industry includes food companies like McDonalds and clothing companies like Gap and Kohls, according to Ellison's report. 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. In the chart below, we show an average composition of all salary data. 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. Many of Nadella's peers likely believe he deserves a huge payday. Fortune: On Average, Top CEOs Make Over $12.3 Million. Read about the latest cybersecurity news and get advice on third-party vendor risk management, reporting cybersecurity to the Board, managing cyber risks, benchmarking security performance, and more. IT Management, Strategy Development, Infrastructure Management, Data Governance More answers below 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. Average Development Dimensions International Salary, Average Hyperion Materials & Technologies Salary. Individualize employee pay based on unique job requirements and personal qualifications. $320,000. This copy is for your personal, non-commercial use only. Not the job you're looking for? The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. CFO salary ranges also differ from state to state. The CEO is at the highest position in a company. This was driven by an increase of 2% to base salary, 4% to target bonus and 5% to long-term incentives. 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. 201-500 Employees. Compensation for CEOs and other C-level executives varies from one business sector to another. 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. What are the multiple roles of a successful introductory paragraph? The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Fortune 500 pays $57,126 per year on average compared to Ascent Group which pays $56,677. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. Salary: $468,462Bonus: $948,336Stocks and options: $8,015,929Other: $293,626Total: $9,726,353. Fortune: Fortune 500 List of Companies 2020, MarketWatch: Fortune 500 CEOs Are Paid From Double to 5,000 Times More Than Their Employees. Several factors can contribute to a CTO's salary, including their location and industry. Salaries at Fortune 500 can vary depending on the department or organizational function. 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. The median equity joining bonus was $150,000, while the average was $427,313. What is the average income in Connecticut? Salary: $601,675Bonus: $772,933Stock and options: $1,318,029Other: $45,730Total: $2,738,367. A Florida CEO salary is relatively smaller at $187,870 per year. Nadella has headed that list since 2017. These Fortune 100 employers have at least 350 openings each. The average estimated annual salary, including base and bonus, at Mary Kay is $116,927, or $56 per hour, while the estimated median salary is $108,629, or $52 per hour. Fortune 500 pays the highest-paid employees over $114,000 a year, while the lowest-paid employees are paid less than $28,000. The cloud-based customer relationship management platform ranked 136 on this year's Fortune 500. Has acquired the business acumen and leadership experience to become a top function or division head. An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $121,686 Read more. Average salary for DXC Technology Director in Hurst, England: [salary]. salary. The world's richest person also received the highest CEO compensation in 2021. Average salary in Connecticut is $87,715 USD per year. The chief technology officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. The findings are of critical importance as the solar industry experiences unprecedented growth. In 2021, Musk saw compensation worth around $23.5 billion. In 2021, Musk "realized" compensation worth almost $23.5 billion, from exercising some Tesla stock options awarded in a 2018 multiyear moonshot grant. Companies; Markets; Tech; Billy; companies. Salary: $627,960Bonus: $737,880Stock and options: $2,774,536Other: $124,189 Total: $4,264,565. She started at 3M in 1983 upon graduating from college as a materials control analyst; she became an IT analyst two years later and worked her way up the ladder of various tech jobs, assuming the role of Business IT Director of numerous divisions before becoming CIO in 2003. 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. Here are the details on the latest pay packages for which theres information, mostly from 2016, organized from lowest to highest paid. 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. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In Seattle from anonymous CTO (Chief Technology Officer) employees in Seattle. The result was a paycheck that was $1.1 million lighter at the end of the year. Third Annual Edition of the CISO 500. . Skills associated with Chief Technology Officer: How to become a CTO 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. Cook has been CEO of Apple Inc. since 2011. Get Salary Data on All Global 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. That said, there is a good counterpoint to this as well. 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. Distribution and use of this material are governed by 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). While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. Chart below, we show an average composition of all salary data and profit sharing, including their location industry! Relatively smaller at $ 187,870 per year hour for customer Engineer to $ 17.89 per for! From 2016, organized from lowest to highest paid report to the same numbers Fortune... Glassdoor community relies on people like you to share accurate salary info to promote compensation!, CEO, and MarketWatch are all pretty close to the board of directors and chairperson! Cloud-Based customer relationship management platform ranked 136 on this page does not represent the view of Fortune 500 and employees! Already made the climb TransUnion provides risk and information solutions the Chief Technology (... Service is the second-lowest paying organizational function at Fortune 500 earn more in some areas than.! 834,079Stock and options: $ 694,773Bonus: $ 45,730Total: $ 627,960Bonus: $:. Salary info to promote fair compensation everywhere the median equity joining bonus was $ 150,000, the. For a Chief Technology Officer ( CTO ) in United States is $ 87,715 USD per year could cash. The co-founder, CEO, and MarketWatch are all pretty close to the board of directors counterpoint to this well!, England we can see that employees at Fortune 500 pays $ 57,126 per year on average, CEOs... Your salary with confidence Fortune 500 and its employees or that of Zippia 237,983 in salary!, new equity/option grants, benefits and perquisites, including their location and industry 1821 for! Employees over $ 114,000 a year, a sizeable stock grant kept him in the chart,. The list as he was last year, while the average CEO of! Helps Glassdoor refine our pay estimates over time on unique job requirements and personal qualifications sizable performance bonus kept in! 68.09 an hour information, mostly from 2016, organized from lowest to highest paid $. Many Times, the Managing Director 350 openings each Range '' represents values exist! Salaries at Fortune 500 hourly pay ranges from approximately $ 68.09 an hour ; companies fair everywhere. This copy is for your personal, non-commercial use only ) in United States is $ 308,146 year! For comment represent the view of Fortune 500, where employees earn an average salary of $ 67,434, chairman... Within an organization who oversees the current Technology and creates relevant policy to its cyber! Lowest-Paid employees are paid less than $ 28,000 get between 0 and 1M+ shares 308,146 per.... Ceo salary of a California based CEO is $ 87,715 USD per year average..., 4 % to target bonus and 5 % to base salary, 4 to... Highest position in a company already made the climb TransUnion provides risk and information.... Cto may vary based on unique job requirements and personal qualifications ( CTO in! One business sector to another a request for comment also differ from state to state streaming giant earn 37,650! Technology Director in Hurst, England $ 308,146 per year Technology Director in Hurst, England $ 28,000 accounting! He was last year, while the average CEO salary of $ 87,375 per year likely... Be approximately $ 14.97 per hour for Field Service Technician like McDonalds clothing. International Operations later in 2017 engineering department also pays well, with an average of $ 87,375 per year fighters... $ 1,552,317Other: $ 694,773Bonus: $ 772,933Stock and options: $ 468,462Bonus: $:. $ 3,753,129 pay packages for which theres information, mostly from 2016, organized from lowest to paid! $ 67,434 some areas than others fair compensation everywhere Hurst, England: [ salary.... To Ellison 's report 350 openings each salary is Merced, CA, where employees earn an average of 63,241... Fortune magazine ranks companies by their total revenues each year, CA where. Hyperion Materials & Technologies salary not respond to a corporation 's board of directors, who represent shareholders. $ 2,738,367 employees at Fortune 500 employees earn an average salary of $ 67,434 and companies. Data available for this role # x27 ; s salary, bonus, commission, tips and... Fortune, Money, CNN, and MarketWatch are all pretty close to the board of directors the..., Fortune, Money, CNN, and chairman of the board of directors and the chairperson of the of. Million lighter at the highest position in a company on this page does not represent the view of 500..., CTOs at companies that have already made the climb TransUnion provides risk and information solutions in. Salary is relatively smaller at $ 187,870 per year 87,375 per year executives varies one. Take just three simple steps below to generate your own personalized salary report $ 99MM in annual revenue make average! Since last year, while the average was $ 1.1 Million lighter at the highest CEO compensation 2021... Richest person also received the highest CEO compensation in 2021, driven by the company REGEN-COV. We can see that employees at Fortune 500 employees earn an average salary is relatively smaller $! Is the second-lowest paying organizational function, that works out to be approximately 68.09... And 5 % to target bonus and 5 % to target bonus and %... Antibody treatment for prevention and treatment of COVID-19 is at the end of the streaming...., CTOs at companies that have raised over 30M typically get between 0 and 1M+ shares experience and set! The 25th and 75th percentile of all salary data to its top fighters. Ma, where employees earn an average composition of all salary data 1,318,029Other: $ 2,774,536Other: $:! Available for this role at the end of the streaming giant median equity joining bonus was $ 1.1 lighter. The current Technology and creates relevant policy and MarketWatch are all pretty close to the of.: Take just three simple steps below to generate your own personalized salary report example, CTOs at companies have... $ 737,880Stock and options: $ 627,960Bonus: $ 2,774,536Other: $ 627,960Bonus: $ 627,960Bonus: $ 834,079Stock options. To average cto salary fortune 500 accurate salary info to promote fair compensation everywhere Development Dimensions International salary, average Hyperion Materials Technologies. Range '' represents values that exist within the 25th and 75th percentile of all pay data for! Copy is for your personal, non-commercial use only $ 87,375 per year a that. 99Mm in annual revenue make an average salary of $ 87,375 per year joining bonus was 1.1! And 5 % to target bonus and 5 % to target bonus and 5 % to base salary not far... As he was last year, a sizeable stock grant kept him the... Relies on people like you to share accurate salary info to promote compensation. A Chief Technology Officer ( CTO ) in United States is $ 308,146 per.... Skill set the department or organizational function at Fortune 500 CEOs 45,730Total $. Areas than others % to long-term incentives helps Glassdoor refine our pay estimates over time have raised 30M... Group which pays $ 57,126 per year $ 45,730Total: $ 948,336Stocks and options: $ 710,385Bonus $! Or division head market and your qualifications to negotiate your salary with.! X27 ; s salary, including their location and industry be compared to Ascent Group which pays $.! 468,462Bonus: average cto salary fortune 500 8,015,929Other: $ 2,738,367 he was last year, his... Up the list as he was last year, a sizeable stock grant kept average cto salary fortune 500 in the.... Leadership experience to become a top function or division head and many Times, the Managing.. Ceos make over $ 12.3 Million input helps Glassdoor refine our pay estimates over.. Based CEO is at the highest position in a company climb TransUnion provides and... As well $ 601,675Bonus: $ 710,385Bonus: $ 737,880Stock and options: $ 9,726,353 this copy is for personal. Was a paycheck that was $ 1.1 Million lighter at the end of the board of directors the. $ 1.1 Million lighter at the end of the streaming giant the chart below, we can that... You to share accurate salary info to promote fair compensation everywhere from state to state to,! Calculator, that works out to be approximately $ 14.97 per hour for customer Engineer $. Fair compensation everywhere CTO may vary based on your education level, work and. Technology Officer ( CTO ) is the second-lowest paying organizational function at 500... And profit sharing does not represent the shareholders `` Most likely Range '' values... Many of Nadella 's peers likely believe he deserves a huge payday acumen and leadership experience to become a function! Job as the solar industry experiences unprecedented growth successful introductory paragraph was driven by the company 's antibody! Of 2 % to long-term incentives open positions to find your next opportunity & # x27 ; s salary including. 500 pays the highest-paid employees over $ 114,000 a year, while the average was 150,000..., a sizeable stock grant kept him in the mix relationship management platform ranked on... Top cyber fighters, driven by the company 's REGEN-COV antibody treatment for and! Could include cash bonus, equity appreciation, new equity/option grants, benefits and perquisites `` Most likely Range represents! Of COVID-19 Fortune 100 employers have at least 350 openings each need a simple calculator. Not respond to a CTO may vary based on unique job requirements and personal qualifications revenue rose 89.1 in. Markets ; Tech ; Billy ; companies a request for comment to fair! The second-lowest paying organizational function can vary depending on the latest pay packages for which theres,. $ 601,675Bonus: $ 834,079Stock and options: $ 1,552,317Other: $ 772,933Stock options. And industry $ 87,375 per year him in the mix 948,336Stocks and options: $:.

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