At Mary Kay, the highest paid job is a Director of Sales at $222,792 annually and the lowest is a Secretary at $35,050 annually. 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. This means that half earned more than this figure, while half earned less. Facing pressure to curb diabetes-treatment costs, the company will cut the list prices for its most commonly prescribed insulin and take other steps to make it easier for patients to afford the drugs. 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. Smith - While responsibilities vary from one company to another, a CEO is usually tasked with things such as: In 2018, Minnesota Congressman Keith Ellison (D) released a report on 225 of the Fortune 500 companies' CEOs. For non-personal use or to order multiple copies, please contact The chief technology officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. People with the job title CTO (Chief Technology Officer) make the most at companies with 501-1,000 employees, earning $286,262 on average. 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. Competitors of Fortune 500 include VitalChek, NextGen Global Resources, and Alpha Consulting. Get started by entering your email address below. He achieved this by exercising Tesla stock options given in a 2018 multiyear moonshot grant. The findings are of critical importance as the solar industry experiences unprecedented growth. Directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. average cto salary fortune 500 (719) 280-0021. They head C-level members such as the COO, CTO, CFO, etc. Hjelm in on our list for the second year in a row, and a sizable bonus sends him further towards the top. This is his second year in a row on the list, and his compensation saw a slight bump from last year. Tan was born in Malaysia and attended M.I.T. Average Dev + Engineer salaries in Chicago 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. They're hiring! Based on our analysis, the employees in finance earn salaries at Fortune 500 that are well above average, with yearly earnings averaging $91,070. . Hastings is the co-founder, CEO, and chairman of the streaming giant. At MetLife, his role spans both customer-facing tech and internal operations and security, and hes in charge of planning digital strategy as well. The average Fortune 500 CIO receives $2.6 million in compensation, a significant increase over 2015's $1.9 million. If you are thinking of becoming a Chief Technology Officer (CTO) or planning the next step in your career, find details about the role, the career path and salary trajectory of a Chief Technology Officer (CTO). Jobs with a similar salary range to CTO : Meanwhile, hes serving as EVP and CIO of Shane Company Jewelry. Fortune 500 pays the highest-paid employees over $114,000 a year, while the lowest-paid employees are paid less than $28,000. . 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. Management: directing and overseeing the work of other executives, directors, presidents and vice-presidents of the company. What are the multiple roles of a successful introductory paragraph? At Foot Locker, hes responsible for both outward and inward facing tech, ranging from CRM and supply chain to channel customer experience. Several factors can contribute to a CTO's salary, including their location and industry. 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.". Growth: setting goals creating plans for growth for the company, in coordination with the board of directors, and then implementing those plans. The gaming giant, best known for games like Call of Duty and World of Warcraft, ranked 396 on this year's Fortune 500. For a real-time salary target, tell us more about your role in the four categories below. Revenue rose 24.7% percent in 2021. If you continue to use this site we will assume that you are happy with it. Salary: $450,000Stock and options: $1,399,184Other: $2,169,698Total: $4,018,882. Countries. Here's a look at how bonuses, stock awards, perks and other compensation add up. About 78 percent of Mattel's employees, or 27,500 workers, were outside of the United States. Is Average Chief Technology Officer (CTO) Salary your job title? 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. 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. Apple ranks 3 on the Fortune 500. C-Suite gets its name from the titles of top senior executives . Has acquired the business acumen and leadership experience to become a top function or division head. 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. 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. The average CEO pay in the communication services and consumer cyclical sectors saw a decrease that year, at minus 2.2 and minus 2.3 percent respectively. . Oracle did not respond to a request for comment. In 2015 he jumped ship to join the executive team at Target, and currently has umbrella authority over most of that companys tech initiatives, from developing long-term tech roadmaps to overseeing the companys website and the in-store technology. AP News: CEO Pay Has Topped $12.3m. 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. PayScale estimates that the average annual salary for CTOs is $155,079; CTO salaries range from $86,652 to $235,647. We use cookies to ensure that we give you the best experience on our website. Congrats to L'Oreal and Yves Saint Laurent Beauty on continuing to push the boundaries of what is possible with #web3 in furthering fan engagement and brand Average salary for DXC Technology Director in Hurst, England: [salary]. Communication: speaking on behalf of the company to shareholders, government bodies or the general public. 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). The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. Vision: creating a vision or mission for a company, or building on its current mission. Get the latest market price for benchmark jobs and jobs in your industry. Because the value of unexercised options is unpredictable, we did not consider them in our tabulation of total compensation. Continue reading your article witha WSJ subscription, Already a member? Average Fortune 500 hourly pay ranges from approximately $14.97 per hour for Customer Engineer to $17.89 per hour for Field Service Technician. Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. Deerfield, IL, Addison Group - Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. 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. Here are the highest-paid CEOs. Yearly Salary. Under his leadership, Netflix went from a DVD mail delivery service to an online streaming heavyweight. Musk, the founder and CEO of SpaceX and Tesla, "realized" compensation worth almost $23.5 billion in 2021, from exercising some Tesla stock options awarded in a 2018. Bend, OR, B.E. This year, Nadella was voted the most underrated CEO for the sixth consecutive year, according to the survey behind Fortunes Worlds Most Admired Companies. The base salary for CTO ranges from $245,100 to $305,100 with the average base salary of $275,800. Based on 32 salaries posted anonymously by DXC Technology Director employees in Hurst, England. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. 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 ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Unlikely Likely . Women receive a salary of $66,900 USD. Yearly Salary. On the average, compensation among current female CEOs is approximately $10.8 million which is not too different from Fortune 500 average of $12 million. . The companies surveyed in Ellison's report employed more than 14 million workers and generated about $6.3 trillion in profit. Benioff founded Salesforce in 1999, adopting the marketing slogan "The End of Software." InSights Blog. The estimated additional pay is $58,887 per year. 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. Men receive an average salary of $103,400 USD. 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 (Her. Salary: $599,029Bonus: $653,176Stock and options: $3,630,025Other: $1,102,874Total: $5,985,104. CHROs also: Plan and direct all aspects of an organization's human resources policies, objectives, and initiatives 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. Sign-on equity most often came in the form of RSUs. For companies with revenue below $10 million, median CEO total direct compensation is $200,000. Trusted by 400K users from 76% of Fortune 500 companies. They develop policies and procedures and use technology to enhance products and services that focus on external customers. How Much Money Do Oil Refinery Workers Make? 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. 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. While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Being a CTO establishes technology standards and communicates technical information to the organization. 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. Bend, OR, Addison Group - Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Has acquired the business acumen and leadership experience to become a top function or division head. New York. Mobilize real-time data and quickly build smart, high-growth applications at unlimited scale, on any cloudtoday. our Subscriber Agreement and by copyright law. Consumer defense, for example surged by nearly 10 percent between 2018 and 2019. One company paid a $3.89 million annual salary to fill its CISO position. A chief technology officer is part of an executive team in a company. 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. Change of employer: The industry with the highest average ratio of CEO to worker pay was the consumer discretionary industry with a ratio of 977:1. Elon Musk, the chief executive of SpaceX and Tesla, topped Fortune's new list of the most highly compensated CEOs on the Fortune 500. 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. Employed more than this figure, while half earned less this means that half earned more than this figure while. $ 2,169,698Total: $ 4,018,882 benchmark jobs and jobs in your industry real-time data quickly! 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