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For many years, the Chief Information Officer (CIO) position contained the duties now performed by the CTO, but the increasing importance and complexity of technology solutions for corporations made it necessary to give technology its own office. If the company is still looking for seed funding, the CTO salary range will be significantly lower than the average as investors will rarely tolerate big salaries to senior managers at such an early stage. Top-class executives can expect to earn more. What Is the Average CTO Salary at a US Start-Up? Receive all 9 existing management courses + at least 4 new lectures per month, growing range of course material, free mentoring session, eBook, skills test, premium access to our mentoring network and global community of like minded people. Find out how much more you can make with skills like Program management, CISO & .NET. The US market is no exception. There will be an exponential growth of businesses based on information systems during this time. If you have ambitions for a senior role then opportunity abounds. Below are the most recent chief technology officer cto salary reports. The average salary for a Chief Technology Officer (CTO) in India is ₹2,901,774. Then negotiate salary package you deserve and they will be prepared to pay. What Is the CTO Salary Range in the US? All these questions are directed to a CTO when someone decides to move into a high-reward, high-risk start-up. It is impossible to know exactly what CTO salary you might get from any one position, the negotiation will depend on variables outside the scope of this article but, we can start to provide an approximation, averages but alas no guarantees. But we’ll give it a try! Third, the average salary of a CTO can vary based on the negotiating position. The average annual bonus and benefits for a CTO is $11,307. The average salary for "cto" ranges from approximately $124,775 per year for Director of Information Technology to $210,097 per year for Vice President of Engineering. As the company becomes more stable, raises more money and starts to grow then market rate salaries become more acceptable and frankly, the senior team should start demanding them. Altogether, 14 out of the top 25 jobs were in this field. The national average salary for a Chief Technology Officer (CTO) is $129,655 in United States. Might be a new idea for your startup, an internal application for your company or a new customer offer. ), 7 of the Best Situational Interview Questions. Add to the fact it’s a competitive market for good quality tech leaders and you can see why some CTOs can drive very attractive salary and equity packages. What does your equity package look like? The average median salary of a CTO in America for 2016 falls in between $147,500 and $229,000. Self reported data from 594 CTOs place the salary at INR 2.5 Million to INR 5 Million (25 L to 50 Lakhs) The average Cto salary in the United States is $175k. A Chief Technology Officer at the bottom end of the salary range earns $96,915. Arm yourself with a wide range of skills and expertise that makes you a must have employee/leader. The average salary for a CTO (Chief Technology Officer) with 7+ years of experience is $212,500. Source: Glassdoor. If you are involved in online retail whether B2C or B2B then there are certain times of the year when your systems are pushed to their limit. What Is the CTO Salary Range in the US in 2020? What Is the Average CTO Salary at a US Start-Up? Location of the role: Roles in the US pay the most, followed by Europe and then in other regions. Growth in the internet and mobile usage, increasing emphasis on business solutions and the increased importance of IoT (Internet of Things) and big data on business operations are other important reasons for this demand as well. Conclusion. Answers to these questions have an important bearing while determining his final salary in the US start-up. Back to top. What Is the Average CTO Salary in the US? A shiny new and exciting concept has emerged. 2nd Floor, 20 St Thomas St, SE1 9RS, Andrew has 20+ years of executive level commercial and strategic experience.He has launched, managed, fund raised, bought and sold a range of businesses across sectors as varied as eCommerce, legal tech, property, travel & tourism, energy and professional services.He leads the Start Up accelerator programme hosted by Escape The City in London and regularly mentors individual entrepreneurs, at different stages of their journey.Connect with Andrew on, Copyright © 2020 - CTO Academy, Inc. All Rights Reserved . The national average salary for a Chief Technology Officer (CTO) is $1,80,000 in United States. Conversely, for a CTO at the top end of the range, the salary is $350,510. The position of a CTO is in high demand in the global market, with demand outstripping supply of good quality CTOs with broad management skills. Is this helpful? The average salary for the role of Chief Technology Officer is in United States is $170,000. This is one of the prime reasons predicted for this high demand for job openings for the position of CTO. Copyright © 2008–2020, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Not enough reports to show salary distribution. The national average salary for a Chief Technology Officer (CTO) is $180,000 in United States. What is the revenue model? You should only underpay yourself in extreme circumstances. This will continue to drive up the value and demand for high quality tech leaders and CTOs. Several additional factors go into figuring out how much they make. Some of it's already addressed, but I wanted to give some details as they really do matter. Back to top, The average 2020 CTO salary in the US stands at $161,525 per year. Conversely, for a CTO at the top end of the range, the salary is $350,510. What Is the CTO Salary Range in the US in 2020? Also important to consider what stage the company is currently at when it comes to fundraising. Salary estimates are based on 90 salaries submitted anonymously to Glassdoor by Chief Technology Officer (CTO… CTOs in the financial sector earn an average of $205,000 pa. Not bad for most US locations, though San Francisco bucks the trend on salary (and cost of living these days!). Employer name has been removed to protect anonymity. Back to top. What’s the first thought that whizzes across your mind... London 10 Black Friday (& Cyber Monday) Tips For The CTO, Webinar: The Future of Work & Tech Leadership, Think Twice, Before Re-Inventing The Tech Wheel. The average CTO salary in the United States is $247,400 as of October 28, 2020, but the range typically falls between $207,500 and $289,400. Also note that within these average calculations are unknown variables such as share options, often used to entice top quality staff and/or offered as long term rewards to offset short term salaries below market rate. With more online, real-time compensation data than any other website, … Traditional physical assets and virtual assets based on cloud Technology are coming to the forefront salary is $ in. Into a high-reward, high-risk Start-Up that makes you a must have employee/leader factors that into! Value and demand for job openings for the role of Chief Technology Officer $. Bonus and benefits for a Chief Technology Officer ( CTO ) salaries in the US in 2020 for start-ups tricky. 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