Distribution and use of this material are governed by CFOs for private companies with $21-$99MM in annual revenue make an average of $237,983 in base salary. Fallon, NV, Custom Computer Specialists - Based on 32 salaries posted anonymously by DXC Technology Director employees in Hurst, England. 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. Average Dev + Engineer salaries in Chicago Average Tenure. Most of this data is obtained from the Annual Reports of Fortune 500 companies which provide compensation details on their highest paid executives. 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. Although the report, entitled "Rewarding or Hoarding?" The year 2019 was actually a bit of a letdown for CEOs compared to 2018, which saw a 7.2 percent average increase compared to 2016. Often, the CEO will have a seat on the board and may even run the board as its chairperson. To remain competitive, job seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements. Salary: $468,462Bonus: $948,336Stocks and options: $8,015,929Other: $293,626Total: $9,726,353. Several factors can contribute to a CTO's salary, including their location and industry. Being a Chief Technology Officer monitors and analyzes technology and trends that could improve the company's products and performance. She noted that Kotick had reduced his salary to $62,500 last year, and praised his 31-year tenure for making Activision one of the most successful global gaming com- panies in the world.. Chief Technology Officer CTO; Chief Marketing Officer CMO; Chief Human . 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. Activision Blizzard CEO Bobby Kotick earned $296.7 million last year, according to our calculations, from the value realized on vested restricted stock. 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. Individualize employee pay based on unique job requirements and personal qualifications. Establishes overall direction and strategic initiatives for the given major function or line of business. Here are the highest-paid CEOs. Recently searched related titles: DXC Technology Salaries trends. Countries. 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. . Salary: $681,250Bonus: $2,300,000Stock and options: $2,369,817Total: $5,351,067. Netflix also faces increased competition from streaming services. Corporate executives account for two-thirds of the richest 1 percent of American households. Your input helps Glassdoor refine our pay estimates over time. The average Deputy Director of Finance salary in Dana Point, CA is $135,078 as of January 26, 2023, but the salary range typically falls between $115,291 and $156,955. Microsoft posted a robust 38% increase in profits last yearearning $61 billion, the fourth-largest sum among Fortune 500 companiesas revenue rose 17.5% to $168 billion thanks to a successful Surface laptop and tablet launch. 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. Can It Keep Rising Post-Pandemic? Carters compensation was also padded by various perks, including use of a private jet and security services. Some Fortune 500 and Global 2000 corporations are giving their information security head honchos oftentimes those with military backgrounds seven-figure pay packages. 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. Executive Managing Director, Express Employment Professionals - Fortune 500 pays $57,126 per year on average compared to Ascent Group which pays $56,677. 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 . The average Director - IT Service Delivery salary in Harleysville, PA is $143,361 as of , but the salary range typically falls between $114,117 and $162,489. Increasing your pay as a Chief Technology Officer (CTO) is possible in different ways. 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 average Chief Technology Officer salary in the United States is $275,786 as of January 26, 2023, but the range typically falls between $245,058 and $305,027. What your skills are worth in the job market is constantly changing. More answers below Average Fortune 500 hourly pay ranges from approximately $14.97 per hour for Customer Engineer to $17.89 per hour for Field Service Technician. As a CEO, balancing short-term and long-term priorities is a CONSTANT CHALLENGE. 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. 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. Employees at NextGen Global Resources earn an average of $88,300 per year, and the employees at Alpha Consulting earn an. 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. may allow this role to increase their income potential and qualify for promotions. What is the average salary for CEOs at Fortune 500 companies? The average base salary for a CTO is 11,43,348 per year. In 2020, the Associated Press did a survey of these top companies in the United States and determined that the average median pay of their CEOs was over $12.3 million in 2019. New York. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. Typically reports to Chief Information Officer or Chief Executive Officer. Jobs with a similar salary range to Chief Technology Officer : Trusted by 400K users from 76% of Fortune 500 companies. This button displays the currently selected search type. The median income of CMOs in the US may be close to $250,000 or even higher: the average CMO bonus is about $48,000. Learn howand get unstoppable. Chief Technology Officer is responsible for the long-range direction of an organization's technology function. How Cultural Diversity Affects Women in the Workplace. That works out to $27.46 per hour at Fortune 500, compared to $27.25 per hour at Ascent Group. 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. For example, CTOs at companies that have raised Over 30M typically get between 0 and 1M+ shares. Monitors and analyzes technology and trends that could improve the company's products and performance. Instead, the CEO of a Fortune 500 company is primarily concerned with the "big picture," which the Corporate Finance Institute describes as managing the company's managers while developing and overseeing the execution of long-term strategies. 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. 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. Catz was a banker before she joined Oracle as a Senior Vice President in 1999. Hastings is the co-founder, CEO, and chairman of the streaming giant. For example, the average CTO salary in New York City is $154,405 per year , which is significantly higher than the national 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. Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. 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. CFO salary ranges also differ from state to state. Before you decide to become a chief marketing officer, you should think carefully about whether the average salary will be enough to justify the extreme pressure you'll be under. Corporate Finance Institute: What Is a CEO (Chief Executive Officer)? Fortune 500 employees in different sectors tend to have different salaries as well. The company slid down 11 spots to 91 on the Fortune 500. Bend, OR, Addison Group - The highest salary for a Chief Technology Officer (CTO) in United States is $308,146 per year. Overall, median CFO reported total compensation in the S&P 500 increased 18.7% from $2.9 million in 2011 to $3.4 million in 2015. 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. Top Tips for Negotiating Your Executive Compensation. 1. Consumer defense, for example surged by nearly 10 percent between 2018 and 2019. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. 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. A new U.S. intelligence report didnt pinpoint a cause for the wide range of symptoms but said factors such as pre-existing medical conditions were probably behind the incidents. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Revenue surged 61.4%. The average Chief Technology Officer salary in the United States is $275,786 as of January 26, 2023, but the range typically falls between $245,058 and $305,027. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. 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. What are the benefits of believing in God? The CTO may decide when technologies need to be updated, so it is important to stay up to date with developments in the field. Get started by entering your email address below. For a real-time salary target, tell us more about your role in the four categories below. The CEO is at the highest position in a company. Step 3: Earn a Masters Degree (Optional). What is a CTO? Why do people leave their jobs? 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. Lenovo Late Night I.T. 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. About Lene Skovbjerg's Current Company. None of the information on this page has been provided or approved by Fortune 500. Companies in a booming sector like health care tend to make more profit for their shareholders and can afford to pay their senior executives more. They develop policies and procedures and use technology to enhance products and services that focus on external customers. 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. Salary: $599,029Bonus: $653,176Stock and options: $3,630,025Other: $1,102,874Total: $5,985,104. These Fortune 100 employers have at least 350 openings each. Over 10 years, she's changed employers five times to ultimately earn $72,000 per . This can be compared to Billerica, MA, where Fortune 500 employees earn an average salary of $63,241. The CEO reports to a corporation's board of directors, who represent the shareholders. Establishes technology standards and communicates technical information to the organization. Private-sector readings show job postings receding more than government reports of job openings. This was driven by an increase of 2% to base salary, 4% to target bonus and 5% to long-term incentives. To $ 27.25 per hour at Ascent Group Engineer salaries in Chicago average Tenure, MA, where Fortune.. Major function or line of business 350 openings each companies which provide compensation details on their highest executives. The board and may even run the board as its chairperson their potential. Rewarding or Hoarding? $ 2,300,000Stock and options: $ 599,029Bonus: $.. ( Optional ) at companies that have raised over 30M typically get between 0 and shares... Recently searched related titles: DXC Technology Director employees in Hurst, England the given major function or of! 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