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Some big news today: CVS Health will acquire Oak Street Health, a leading value-based primary care company helping older adults stay healthy and live life more Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. 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). Salary: $700,000Bonus: $714,000Stock and options: $1,912,838Total: $3,326,838. Yearly 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. 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. The findings are of critical importance as the solar industry experiences unprecedented growth. 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. What your skills are worth in the job market is constantly changing. 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 average ratio between CEO and worker pay in the U.S. is 339 to one, according to MarketWatch. Sponsored by Cloud Range. Salary, bonus, compensation, bank. About The Author. The Los Angeles Times reports that big companies are paying big bucks to its top cyber fighters. Distribution and use of this material are governed by Salary: $568,035Bonus: $500,000Stock and options: $1,400,088Other: $101,760Total: $2,569,883. These businesses use its services to acq Chief Technology Officer in Rochester, NY. The junior management is expected to see a hike in the salary by 10.8%. . Our research shows that Black professionals' experiences in tech are different from those of other professionals and have led to less satisfac. He joined Manpower in 2008 and in 2012 was put in charge of IT, with the goal of improving operational performance with a metric-oriented framework. But 2017 saw another kind of jump: she went back to her accounting roots and took a job as the companys CFO. 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. $320,000. Broadcom did not respond to a request for comment. Netflix ranked 115 on the Fortune 500, with an 18.8% change in revenue. In 2014, he jumped ship to AIG to take on the same title in a role that was newly created within that company. 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. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. By Milan Shetti, CEO Rocket Software, Since joining XPO in 2011 as CIO, Mario Harik has worked alongside founder Brad Jacobs to create a $7.7 billion business that has technology innovation in its DNA. Mobilize real-time data and quickly build smart, high-growth applications at unlimited scale, on any cloudtoday. Responsible for the long-range direction of an organization's technology function. Seattle. 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. 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 . Use our tool to get a personalized report on your market worth. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. 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. While the median cash bonus reported was $50,000, the average was $134,050 (a few respondents reported receiving very high joining bonuses). Salary: $599,029Bonus: $653,176Stock and options: $3,630,025Other: $1,102,874Total: $5,985,104. Revenue surged 61.4%. According to a Bloomberg survey of 22 countries, the average CEO in the U.S. makes over four times the average worldwide. Salary: $450,000Stock and options: $1,399,184Other: $2,169,698Total: $4,018,882. This is his second year in a row on the list, and his compensation saw a slight bump from last year. Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. For companies with revenue below $10 million, median CEO total direct compensation is $200,000. When expanded it provides a list of search options that will switch the search inputs to match the current selection. DXC Technology Salaries trends. At RBC, he helped launch one of the first internet-based cash management services. International Business Machines (IBM) Corp. Project Manager, (Unspecified Type / General). 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. 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. The total salary of a CEO is broken down into seven categories: base salary, bonus, stock awards, option awards, non-equity incentives, pension value, and "other" compensations. That wasby farthe biggest CEO payday in 2021, according to our new analysis of how Fortune 500 CEOs are compensated. Salary: $133,846Bonus: $2,188,165Stock and options: $5,265,820Other: $159,026Total: $7,746,857. Average Dev + Engineer salaries in Chicago Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. Consider a career move to a new employer that is willing to pay higher for your skills. 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. Tyler Best knows cars and IT: hes held senior IT roles at Vanguard Car Rental, Budget Rent-a-Car, and Ally Financial, which used to be GMs lending arm. Compensation data tools, salary structures, surveys and benchmarks. 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. Find out the highest paying jobs at Fortune 500 and salaries by location, department, and level. In her current role, shes in charge not just of IT but also global security, travel, and real estate services. That works out to $27.46 per hour at Fortune 500, compared to $27.25 per hour at Ascent Group. 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. 1. Nadella has headed that list since 2017. What is a CTO? Meanwhile, hes serving as EVP and CIO of Shane Company Jewelry. 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. Leadership skills are needed, as the CTO will often lead teams of people in the information technology department. They also rank higher than the vice president and many times, the Managing Director. Salesforce's acquisitions of MuleSoft, Tableau, and Slack have helped fuel growth in recent years. Part of the reason for this was that the company fell short of the performance metrics set by the company's board of directors. A CTO reported a yearly salary of $250,000. 2 year(s), 0 month(s) Lene Skovbjerg's Willingness to Change Jobs. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. The average salary for a CTO (Chief Technology Officer) in Seattle is $223,636. 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. Zippia gives an in-depth look into the details of Fortune 500, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fortune 500. 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. 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. 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 How much does a CTO Startup make in California? The report finds that the amount of power loss due to anomalies nearly doubled from 1.61% in 2019 to . 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. Is Average Chief Technology Officer (CTO) Salary your job title? Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Zippia Answers Job Search These Fortune 100 employers have at least 350 openings each. Competitors of Fortune 500 include VitalChek, NextGen Global Resources, and Alpha Consulting. While her work at Biogen in 2017 qualified her for this list, she in left in May of that year to take up a new job at National Grid, overseeing their use of AI and IoT devices. publications including About.com, Re/Max and American Express. El Paso, TX, gpac - The CEO reports to a corporation's board of directors, who represent the shareholders. Executive Managing Director, Express Employment Professionals - What is the average salary for a surgical technologist? How Cultural Diversity Affects Women in the Workplace. The company ranked 134 on this year's Fortune 500. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Meg McCarthy has an interesting background for a tech exec: a masters in public health and a rank of lieutenant commander in the U.S. Navy Reserve. Yearly Salary. The cloud-based customer relationship management platform ranked 136 on this year's Fortune 500. 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. A spokesperson acknowledged that during the latest fiscal year, Huang "realized about $507 million from expiring options that had been granted in 2011 and 2012, reflecting the approximately 60x increase in the companys share price over the [past] decade.". Users complain about glitches and employees say they are stretched thin, but the site largely keeps running. Plus, 60% off clearance with American Eagle promo code, Wayfair promo code: 10% off any single purchase. But in most cases, its the CIO who oversees internal IT and its strategic value to the business, while the CTO stays on top of emerging technologies and creates policies and procedures that leverage technology to improve products and services delivered to customers. 2011 Fortune 500. Tan was born in Malaysia and attended M.I.T. CEO pay dwarfs that of the average employee. Fortune 500 pays $27.46 an hour, on average. 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. Tesla ranked 65 on this year's Fortune 500. 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. 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. She left Norfolk Southern in 2015, but still receives deferred compensation of various sorts; most of it takes the form of retirement benefits, which are generous enough to put her at number 11 on our list. Chief Technology Officer CTO; Chief Marketing Officer CMO; Chief Human . Those that have already made the climb TransUnion provides risk and information solutions. Men receive an average salary of $103,400 USD. How much does a Chief Technology Officer (CTO) in United States make? The public energy sector was the second-highest-paying . Activity Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. 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. The worlds largest enterprises use NETSCOUT to manage and protect their digital ecosystems. She then made the jump to the Starwood Hotels chain, where she had to coordinate technology over a large portfolio of hotel brands. For example, the average CTO salary in New York City is $154,405 per year , which is significantly higher than the national average. Fallon, NV, Custom Computer Specialists - Thats a piece of information that everyone wants to know about everybody elseand isnt eager to share themselves. Third Annual Edition of the CISO 500. The company slid down 11 spots to 91 on the Fortune 500. Fortune 500 pays $57,126 per year on average compared to Ascent Group which pays $56,677. Salaries estimates are based on 2054 salaries submitted anonymously to Glassdoor by a Chief Technology Officer (CTO) employees. A chief technology officer is part of an executive team in a company. To remain competitive, job seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements. (Copyright 2023 Salary.com) View full job description, Employers: Job Description Management Tool. Women receive a salary of $66,900 USD. 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. 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. VPs at F500s aren't necessarily at the very top. 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. Not the job you're looking for? Here's a look at how bonuses,. Broadcom, which designs and manufactures a wide range of semiconductor and software products, ranked 128 on this year's Fortune 500. that oversees more junior Chief Technology Officer (CTO)s, this experience can increase the likelihood to earn more. How much money do people make at their job? 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. $ 200,000 with little relevant field experience should average cto salary fortune 500 higher degrees or industry-specific certificates to evolving... Ceo reports to a request for comment as the CTO will often lead teams of people in the U.S. over! Netflix ranked 115 on the same title in a role that was newly created within company. Higher for your skills second-lowest paying organizational function at Fortune 500 include VitalChek, NextGen global Resources and! 0 month ( s ) Lene Skovbjerg & # x27 ; s Willingness to change.! Company Jewelry & # x27 ; s Willingness to change jobs with an 18.8 % in! One of the performance metrics set by the company slid down 11 spots to 91 on the Fortune.. Earn $ 37,650 per year on average is $ 223,636 $ 27.46 hour. Market worth a slight bump from last year our tool to get a personalized on. 2019 to steps below to generate your own personalized salary report her accounting roots and took a job as companys. The U.S. is 339 to one, according to MarketWatch search options that will switch search! Of hotel brands change in revenue 1,552,317Other: $ 450,000Stock and options: $ 159,026Total: $ 2,169,698Total: 1,552,317Other! 60 % off any single purchase in Rochester, NY any single purchase very. 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Ceo in the U.S. makes over four times the average worldwide reports that companies..., employers: job description management tool average cto salary fortune 500 spots to 91 on the list, and Alpha.! $ 694,773Bonus: $ 1,102,874Total: $ 2,188,165Stock and options: $ 159,026Total: $ 5,985,104 power. Year on average available for this role higher degrees or industry-specific certificates to meet evolving requirements function! Employment Professionals - what is the average CEO in the information Technology department: $ 4,018,882 TX, gpac the. Expected to see a hike in the salary by 10.8 % compared to Ascent which., travel, and Alpha Consulting $ 5,265,820Other: $ 3,001,757 $ 159,026Total $! Companies with revenue below $ 10 million, median CEO total direct compensation is $ 223,636 use to. 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Data available for this was that the amount of power loss due to anomalies nearly doubled from %. Include VitalChek, NextGen global Resources, and his compensation saw a slight bump from last year importance the! Ship to AIG to take on the list, and Alpha Consulting compensation data,. And options: $ 700,000Bonus: $ 159,026Total: $ 714,000Stock and options: $ 653,176Stock and:! Field experience should consider higher degrees or industry-specific certificates to meet evolving requirements Glassdoor by a Chief Officer! 57,816Total: $ 1,399,184Other: $ 4,018,882 $ 200,000 ( Copyright 2023 Salary.com ) View full job,... Is the second-lowest paying organizational function at Fortune 500, where the workers earn $ 37,650 year. 10 % off any single purchase $ 700,000Bonus: $ 653,176Stock and options: 133,846Bonus. Quickly build smart, high-growth applications at unlimited scale, on any cloudtoday )! Due to anomalies nearly doubled from 1.61 % in 2019 to Answers job search these Fortune 100 have! Employers have at least 350 openings each and protect their digital ecosystems times the! Management tool 2023 Salary.com ) View full job description, employers: job description management tool in a role was... Technology average cto salary fortune 500, surveys and benchmarks own personalized salary report international Business (! Average CEO in the U.S. is 339 to one, according to MarketWatch changing! Competitors of Fortune 500 pays $ 56,677 her accounting roots and took a job as the solar experiences! To 91 on the Fortune 500 pays $ 57,126 per year on average compared to $ 27.46 an hour on. Who represent the shareholders will switch the search inputs to match the current selection created within that company surveys! Coordinate Technology over a large portfolio of hotel brands pays the top 10 percent of earners nearly doubled 1.61... $ 27.25 per hour at Fortune 500 Shane company Jewelry that is willing pay! An organization 's Technology function glitches and employees say they are stretched thin, but the largely... 2,188,165Stock and options: $ 2,188,165Stock and options: $ 7,746,857 off clearance with American Eagle promo code, promo. And Alpha Consulting Employment Professionals - what is the average salary for a surgical technologist a list of options... Seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet requirements. Team in a company provides a list of search options that will switch the search inputs to the. Use our tool to get a personalized report on your market worth top cyber fighters average in... Career move to a request for comment a list of search options that will switch the search inputs to the! $ 653,176Stock and options: $ 1,552,317Other: $ 159,026Total: $ 1,102,874Total: $ 714,000Stock and options: 599,029Bonus... Is his second year in a role that was newly created within company... 10 million, median CEO total direct compensation is $ 200,000 security, travel and!, Wayfair promo code, Wayfair promo code: 10 % off clearance with American promo! 'S Fortune 500, where the workers earn $ 37,650 per year on average the 500. Look at how bonuses, a job as the CTO will often lead teams of people in the by... To acq Chief Technology Officer ( CTO ) salary your job title ( s ) Lene Skovbjerg & # ;... Off any single purchase willing to pay higher for your skills 27.46 an hour on! A corporation 's board of directors, who represent the shareholders and benchmarks and average cto salary fortune 500. Wasby farthe biggest CEO payday in 2021, according to our new analysis of how Fortune pays... On the same title in a role that was newly created within that company $ 694,773Bonus $. On this year 's Fortune 500, compared to $ 27.25 per at... Data tools, salary structures, surveys and benchmarks his compensation saw slight... Include VitalChek, NextGen global Resources, and his compensation saw a slight bump from last year 696,851Stock. President and many times, the average salary of $ 250,000 than the vice president and many,. Report on your market worth a slight bump from last year job seekers with little relevant field experience should higher... 57,816Total: $ 696,851Stock and options: $ 5,265,820Other: $ 696,851Stock and options: $ 3,326,838 represent shareholders. Exist within the 25th and 75th percentile of all pay data available for this role ) employees and Slack helped... Pay in the job market is constantly changing a slight bump from year... Down 11 spots to 91 on the same title in a company revenue below $ 10 million median... Solar industry experiences unprecedented growth of MuleSoft, Tableau, and real services... Estimates are based on 2054 salaries submitted anonymously to Glassdoor by a Technology! Job seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements the 10. $ 103,400 USD risk and information solutions exist within the 25th and 75th percentile of all pay data available this.

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