As of March 01, 2025, the average annual salary for a CTO in Newark, NJ is $392,600. Salary.com reports that pay typically ranges from $340,800 to $462,000, with most professionals earning between $293,639 and $525,185.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $462,000 | $38,500 | $8,885 | $222 |
| Average | $392,600 | $32,717 | $7,550 | $189 |
| 25th Percentile | $340,800 | $28,400 | $6,554 | $164 |
An entry-level CTO with under 1 year experience makes about $315,444. With less than 2 years of experience, a mid-level CTO makes around $319,056. After 2-4 years, the CTO pay rises to about $322,067. Those senior CTO with 5-8 years of experience earn roughly $326,884, and those CTO having 8 years or more experience are expected to earn about $332,905 on average.
| Levels | Salary |
|---|---|
| Entry Level CTO | $315,444 |
| Intermediate Level CTO | $319,056 |
| Senior Level CTO | $322,067 |
| Specialist Level CTO | $326,884 |
| Expert Level CTO | $332,905 |
| Entry Level | 20% |
| Mid Level | 19% |
| Senior Level | 18% |
| Top Level | 17% |
| Experienced | 15% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Information Security: A practice of preventing unauthorized access, use, disclosure, disruption, modification, inspection, recording, or destruction of confidential, private, and sensitive information.
Cybersecurity: Computer security, cybersecurity or information technology security (IT security) is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide. The field is becoming more important due to increased reliance on computer systems, the Internet and wireless network standards such as Bluetooth and Wi-Fi, and due to the growth of "smart" devices, including smartphones, televisions, and the various devices that constitute the "Internet of things". Due to its complexity, both in terms of politics and technology, cybersecurity is also one of the major challenges in the contemporary world.
| Skill | Salary | Demand |
|---|---|---|
|
DevOps
|
$416,156 |
6%
|
|
Coaching
|
$416,156 |
6%
|
|
IT Operations
|
$416,156 |
6%
|
|
Product Development
|
$412,230 |
5%
|
|
Innovation
|
$412,230 |
5%
|
|
IT Infrastructure
|
$408,304 |
4%
|
