CIO = Tough Job, Good Pay
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The Wall Street Journal's business technology blog offers CIO salary data from a survey by search firm Egon Zehnder International. The job is getting tougher, but the pay is good at companies with revenues over $1 billion: |
For CIOs working at companies that make up to $1 billion in revenue a year, annual salaries now average $225,000 to $250,000, with bonuses and stock options plumping those packages up to around $500,000 a year. For CIOs at companies that generate more than $1 billion in revenue, annual salaries hover at around $350,000, with bonuses and other extras bumping up overall compensation to $600,000 to $700,000 a year.
The salaries are the same but the bonuses are much higher than found in CIO Insight's last survey on CIO salaries and bonuses. As for compensation for other IT jobs, see Deb Perelman's report on the recent Robert Half International survey.