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The differences between chief technology officers and vice presidents, technology can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a chief technology officer, becoming a vice president, technology takes usually requires 6-8 years. Additionally, a chief technology officer has an average salary of $172,989, which is higher than the $152,462 average annual salary of a vice president, technology.
The top three skills for a chief technology officer include infrastructure, cloud and architecture. The most important skills for a vice president, technology are analytics, architecture, and java.
| Chief Technology Officer | Vice President, Technology | |
| Yearly salary | $172,989 | $152,462 |
| Hourly rate | $83.17 | $73.30 |
| Growth rate | 6% | 16% |
| Number of jobs | 124,289 | 96,519 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 70% |
| Average age | 52 | 47 |
| Years of experience | - | 8 |
The job of chief technology officers (CTOs) is to oversee the technological needs and research and development of an organization. The CTOs, who are like chief information officers, make decisions for a company's technology infrastructure that aligns with the organization's business goals. They must ensure that they are updated on new and existing technologies for them to guide the company's future endeavors. Other responsibilities include fixing issues related to information technology, developing and managing the company's technological resources, and participating in management decisions on corporate governance.
A vice president of technology is in charge of overseeing all technological operations in a company while managing the workforce involved, ensuring efficiency and smooth workflow. Typically, it is their responsibility to establish goals and objectives, devising strategies to enforce them. They also spearhead the development of new systems and tools that boost workforce productivity, coordinate with analysts and specialists, and resolve any issues and concerns. Furthermore, as a vice president, it is essential to implement the company's policies and regulations, creating new ones as needed.
Chief technology officers and vice presidents, technology have different pay scales, as shown below.
| Chief Technology Officer | Vice President, Technology | |
| Average salary | $172,989 | $152,462 |
| Salary range | Between $105,000 And $284,000 | Between $106,000 And $218,000 |
| Highest paying City | Seattle, WA | Boston, MA |
| Highest paying state | Hawaii | Massachusetts |
| Best paying company | InPhonex | Mayo Clinic |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a chief technology officer and a vice president, technology in terms of educational background:
| Chief Technology Officer | Vice President, Technology | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 70% |
| Most common major | Computer Science | Computer Science |
| Most common college | University of Pennsylvania | Carnegie Mellon University |
Here are the differences between chief technology officers' and vice presidents, technology' demographics:
| Chief Technology Officer | Vice President, Technology | |
| Average age | 52 | 47 |
| Gender ratio | Male, 91.6% Female, 8.4% | Male, 84.3% Female, 15.7% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.0% American Indian and Alaska Native, 0.6% | Black or African American, 6.6% Unknown, 5.2% Hispanic or Latino, 9.9% Asian, 13.2% White, 65.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 11% |