Average Chief Technology Officer CTO with Product Development Skills Salary in Canada
The average annual salary of Chief Technology Officer (CTO) is $136,961.00
The starting salary of Chief Technology Officer (CTO) is between $70,040.00 and $82,400.00 whereas the maximum salary range is between $207,900.00 and $239,085.00.
|Minimum Annual Pay||Maximum Annual Pay|
The average hourly pay of Chief Technology Officer (CTO) is $45.88.
The starting hourly rate is between $33.00 and $39.24 for Chief Technology Officer (CTO) whereas the maximum hourly wage is between $69.12 and $79.00.
|Minimum Hourly Pay||Maximum Hourly Pay|
- Currency : CAD
- Annual Salary : $136,961.00
- Hourly Pay : $45.88
- Weekly Pay : $2,416.00
- Fortnightly Salary : $4,833.00
- Monthly Salary : $10,471.00
Chief Technology Officer (CTO) Salary Comparison by Gender
This pie chart demonstrates the gender share for Chief Technology Officer (CTO). As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Chief Technology Officer (CTO) compared to female. Their involvement is 96% while of female is only 4%.
Salary Distribution Based on Years of Experience
The line graph shows Chief Technology Officer (CTO) salary in Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Chief Technology Officer (CTO) having experience between 1-4 years, their salary is around $102,883.39.
Once the experience reaches 5-9 years Chief Technology Officer (CTO) salary would increase again to a total of $117,567.09, adding $14,683.70 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $149,700.10.
And finally, once the Chief Technology Officer (CTO) gains 20 years of experience or more, their salary would reach $143,467.40.
Prominent Skills Affecting Chief Technology Officer (CTO) Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Chief Technology Officer (CTO)'s salary. It clearly highlights the skills needed for a post of Chief Technology Officer (CTO) when hired by an employer.
The most vital skill expected of Chief Technology Officer (CTO) is Strategy which impacts the most than the rest of the skills indicated with a staggering 49% comparatively. Therefore, one’s salary would greatly depend on their skills in Strategy.
The skill least likely to affect one’s pay would be IT Management with 3%. It can be said that IT Management skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Chief Technology Officer (CTO). Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $105,460.00 whereas the highest earning is $154,766.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of $154,766.00 at 13%. So to summerize, Early Career earns 23% less than the average salary, Mid Carrer earns 12% less than the average salary, Late Career earns 13% more than the average salary, Experienced earns 5% more than the average salary.
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