Yes, the CTO is higher than the VP, Engineering, with a salary ranging from approximately $300,753 to $407,763, and a median around $346,493, reflecting its top-tier executive role in the organization.
In terms of salary, CTOs typically earn between $667,525 and $1,136,263, while VPs of Engineering generally earn less. CTOs focus on technical leadership and innovation, making them crucial for an organization's success, thus often considered a higher position than VPs.