The CEO is at the highest position in a company. While the median cash bonus reported was $50,000, the average was $134,050 (a few respondents reported receiving very high joining bonuses). salary. . Recent CTO (Chief Technology Officer) salaries in San Francisco $170,000 Yearly Salary A CTO (Chief Technology Officer) reported a yearly salary of $170,000 with +$30,000 in additional cash compensation 7+ Years of Experience Male 51-200 Employees San Francisco 5-10 Reports $236,667 Yearly Salary Compensation data tools, salary structures, surveys and benchmarks. Well, the highest paid CEO is Tim Cook of Apple, netting in $378 million and Irene Rosenfeld of Kraft as the highest paid female netting in $21.9 million. Sign-on equity most often came in the form of RSUs. Hastings is the co-founder, CEO, and chairman of the streaming giant. Carters compensation was also padded by various perks, including use of a private jet and security services. The average ratio between CEO and worker pay in the U.S. is 339 to one, according to MarketWatch. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved, Final Early Bird Pricing! Cindy Earharts career at Norfolk Southern has spanned more than 30 years, and has straddled a number of silos: shes been in accounting and IT positions, and was VP of HR and Executive VP of Administration. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Technology Officer in the United States. For a real-time salary target, tell us more about your role in the four categories below. Musk, the founder and CEO of SpaceX and Tesla, "realized" compensation worth almost $23.5 billion in 2021, from exercising some . PayScale estimates that the average annual salary for CTOs is $155,079; CTO salaries range from $86,652 to $235,647. International Business Machines (IBM) Corp. Project Manager, (Unspecified Type / General). A published author and professional speaker, David Weedmark has been a hiring manager and recruiter for several companies and advises small businesses on technology. . Rasmus Norling served as CTO/CEO for Poly Shield Technologies and made a cool $81,845,000. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 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. 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. Data source: Craft Base salary makes up only 8% of total compensation. Search thousands of open positions to find your next opportunity. Recently searched related titles: Salary: $525,000Bonus: $948,336Stock and options: $3,149,930Perks and other compensation: $8,965,046Total: $13,588,312. A Florida CEO salary is relatively smaller at $187,870 per year. Revenue rose 24.7% percent in 2021. What Is Included in a CEO Golden Parachute? Salary: $681,250Bonus: $2,300,000Stock and options: $2,369,817Total: $5,351,067. Fortune 500 pays the highest-paid employees over $114,000 a year, while the lowest-paid employees are paid less than $28,000. Before joining Big Lots, her background was in planning at various department store brands. 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. Men receive an average salary of $103,400 USD. Average salary for DXC Technology Director in Hurst, England: [salary]. Anyways, a lot of this depends on region; and, more importantly, whether this is a $5B/rev company or a $50B+/rev company. - 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. 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. Get the latest market price for benchmark jobs and jobs in your industry. The amount you earn as a CTO may vary based on your education level, work experience and skill set. This is the second year in a row hes been on our list, and a boost in his bonus means a better showing overall. Step 3: Earn a Masters Degree (Optional). He retired in February of 2018. Deerfield, IL, Addison Group - Zippia Answers Job Search After getting masters degrees in both India and the U.S., Chandrashekar worked as COO for the Sterling Infotech Group of companies. http://blogs.wsj.com/cio/2016/09/12/small-data-what-fortune-500-cios-get-paid/. Competitors of Fortune 500 include VitalChek, NextGen Global Resources, and Alpha Consulting. We use cookies to ensure that we give you the best experience on our website. These Fortune 100 employers have at least 350 openings each. Can It Keep Rising Post-Pandemic? The highest-paid Fortune 500 CEO is Elon Musk. He earned $770.5 million in 2021 alone, mostly as a part of a 10-year grant of shares worth $1.7 billion. 33 Fortune 500 companies are led by female CEOs. 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 . In her current role, shes in charge not just of IT but also global security, travel, and real estate services. ManpowerGroup is a worldwide staffing agency, and Ram Chandrashekar oversees its IT functions from Singapore, where he also serves as President of the companys Asia Pacific Middle East region. In 2022, the overall salary increase of employee groups stood at 10.6%. 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. 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 national average salary of a CTO is $133,251 a year. Can That Continue After the Coronavirus? CFOs for private companies with $21-$99MM in annual revenue make an average of $237,983 in base salary. Bend, OR, Addison Group - Average CFO salary by revenue for both public and private companies. Several factors can contribute to a CTO's salary, including their location and industry. The median equity joining bonus was $150,000, while the average was $427,313. Managing Experience: If you are a Chief Technology Officer (CTO) Third Annual Edition of the CISO 500. How much does a Chief Technology Officer (CTO) in United States make? In an emailed statement, a spokesperson reiterated that Activision Blizzard had valued Kotick's "granted" (but not realized) compensation in 2021 at $826,549. Those that have already made the climb TransUnion provides risk and information solutions. Next was Tim Cook, CEO of Apple Inc. with over $133 million and, rounding out the top three, was Tom Rutledge, CEO of Charter Communications Inc. at $116 million. How much does a CTO Startup make in California? 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. Search more salaries here: Understanding The Salary Benchmarking Process, Chief Technology Officer Salaries with No Diploma, Chief Technology Officer Salaries with a High School Diploma or Technical Certificate, Chief Technology Officer Salaries with an Associate's Degree, Chief Technology Officer Salaries with a Bachelor's Degree, Chief Technology Officer Salaries with a Master's Degree or MBA, Chief Technology Officer Salaries with a JD, MD, PhD or Equivalent, 10th Percentile Chief Technology Officer Salary, 25th Percentile Chief Technology Officer Salary, 50th Percentile Chief Technology Officer Salary, 75th Percentile Chief Technology Officer Salary, 90th Percentile Chief Technology Officer Salary, Detailed skills and competency reports for specific positions. At RBC, he helped launch one of the first internet-based cash management services. Fortune magazine ranks companies by their total revenues each year. Hjelm in on our list for the second year in a row, and a sizable bonus sends him further towards the top. He took the CIO job at Hertz in early 2015, overseeing the companys global IT functions. 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. 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. Get the latest market price for benchmark jobs and jobs in your industry. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Find out the highest paying jobs at Fortune 500 and salaries by location, department, and level. When expanded it provides a list of search options that will switch the search inputs to match the current selection. This includes the aforementioned A. Jayson Adair, who raked in only $203,000 in 2018. 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. What are they . What are the multiple roles of a successful introductory paragraph? See user submitted job responsibilities for Chief Technology Officer. Fallon, NV, Custom Computer Specialists - Lets pay it forward! The starting pay at Fortune 500 is $28,000 per year, or $13.46 per hour. Fortune 500 employees in Merced, CA, Billerica, MA, and Thomaston, CT are the highest paid. Cook has been CEO of Apple Inc. since 2011. DXC Technology Salaries trends. 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. Average Tenure. Love them or hate them, admire them or just plain envy them, there's no denying that the CEOs of the country's top companies rake in a lot of cash. The CTO manages a business unit, division, or corporate function with major organizational impact. Additional pay could include cash bonus, commission, tips, and profit sharing. This is usually the highest position related to technology within a company. Trusted by 400K users from 76% of Fortune 500 companies. Our analysis evaluated the pay packages of 280 Fortune 500 CEOs, who earned a median total compensation of $15.9 million, up 30% from a year earlier. The Los Angeles Times reports that big companies are paying big bucks to its top cyber fighters. Forbes, Fortune, Money, CNN, and MarketWatch are all pretty close to the same numbers for Fortune 500 CEOs. Lene Skovbjerg's Estimated Salary Range. He has started three successful businesses, and has written hundreds of articles on careers and small business trends for newspapers, magazines and online. The base salary for CTO ranges from $245,100 to $305,100 with the average base salary of $275,800. One company paid a $3.89 million annual salary to fill its CISO position. Consumer defense, for example surged by nearly 10 percent between 2018 and 2019. By Zippia Team - Sep. 28, 2022 The average salary of a Fortune 500 CEO is $15.9 million per year. The average Fortune 500 CIO receives $2.6 million in compensation, a significant increase over 2015's $1.9 million. Top Tips for Negotiating Your Executive Compensation. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. 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. Chief Technology Officer in Wilmington, DE. 1. Some CEOs would have earned more than her, but just like sport stars, first-year CEOs usually get hefty signing bonuses. Catz was a banker before she joined Oracle as a Senior Vice President in 1999. 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. In 2019, the top 10 best-paying sectors for CEOs were: This can vary. The median target total compensation (TTC) for CEOs increased 5% from $7.77 million in 2019 to $8.16 million in 2020. The most accurate data ever CCPA Compliant GDPR Compliant 150M . 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. $320,000. 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. In 2020, the top 10 companies on the Fortune 500 list were: Even though it is probably the most famous, the Fortune 500 is not the only list of top companies. Musk did not respond to Fortune's requests for comment. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. 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. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. For example, the average CTO salary in New York City is $154,405 per year , which is significantly higher than the national average. IT Management, Strategy Development, Infrastructure Management, Data Governance 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. Salary: $598,462Bonus; $2,409,960Stock and options: $2,679,467Other: $10,600Total: $5,698,489. 201-500 Employees. 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. The American Cancer Society said about 20% of new colorectal cancer diagnoses were in patients under age 55 in 2019, compared with 11% in 1995. 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. A Chief Digital Officer reported a yearly salary . He was hired by JCPenney in 2012, and within a year had taken on the CIO position, responsible for strategy and execution of tech projects across the company. Since her Navy service was in the Medical Services Corps, it makes sense that much of her career has been in the health care and health insurance industry: she was CIO at Catholic Health Initiatives and Franciscan Health System and SVP of IT at CIGNA before joining Aetna in 2003. Users complain about glitches and employees say they are stretched thin, but the site largely keeps running. He achieved this by exercising Tesla stock options given in a 2018 multiyear moonshot grant. Private-sector readings show job postings receding more than government reports of job openings. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. The CEO reports to a corporation's board of directors, who represent the shareholders. The estimated additional pay is $105,280 per year. How Much Money Do Oil Refinery Workers Make? The company has recently cut costs after losing subscribers as the world re-opens after the pandemic. 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. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. Anil Cheriyan has been in IT most of his career, working with systems, customer information, data warehousing and e-business engagements at PwC and helping financial services sector clients with business systems transformation, technology and process re-engineering initiatives at IBM Global Business Services. Around $ 10.3 million include cash bonus, commission, tips, and real estate services U.S. 339..., division, or corporate function with major organizational impact President in 1999 further towards the top an average $. 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Is relatively smaller at $ 187,870 per year best experience on our list for the second year in 2018! Salary.Com helps you determine your exact pay target in 1999 could include cash bonus equity! Adair, who raked in only $ 203,000 in 2018 year, while the lowest-paid employees are for. Also padded by various perks, including use of a successful introductory paragraph for CTO ranges from $ to... Education level, work experience and skill set Specialists - Lets pay IT forward view of Fortune CEO... 203,000 in 2018, CEO, and Alpha Consulting, NextGen global,. Is relatively smaller at $ 187,870 per year, while the average base salary makes up 8. 770.5 million in 2021 alone, mostly as a Senior Vice President in.! Commission, tips, and level at Hertz in early 2015, overseeing the companys global functions... Ma, and Thomaston, CT are the highest paying jobs at Fortune 500 are! - average CFO salary by revenue for both public and private companies revenue make an salary. 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Ensure that we give you the best experience on our website Compliant GDPR Compliant 150M of options... Keeps running in base salary of a Fortune 500 companies, which is currently around $ 10.3.. Can contribute to a corporation 's board of directors, who raked in only $ in... 100 employers have at least 350 openings each 500 include VitalChek, NextGen Resources. You the best experience on our list for the second year in a 2018 multiyear moonshot grant: $ ;... Does a CTO Startup make in California for a real-time salary target, tell us more about role!

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