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The differences between vice presidents, technology and president & chief technology officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a vice president, technology and a president & chief technology officer. Additionally, a president & chief technology officer has an average salary of $186,281, which is higher than the $152,462 average annual salary of a vice president, technology.
The top three skills for a vice president, technology include analytics, architecture and java. The most important skills for a president & chief technology officer are R, architecture, and CTO.
| Vice President, Technology | President & Chief Technology Officer | |
| Yearly salary | $152,462 | $186,281 |
| Hourly rate | $73.30 | $89.56 |
| Growth rate | 16% | 16% |
| Number of jobs | 96,519 | 152,241 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Average age | 47 | 47 |
| Years of experience | 8 | 8 |
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.
A president and chief technology officer (CTO) is an executive-level position focusing on resolving the technical issues within an organization. His/Her or her duties and responsibilities include working with other strategists and technical planners to assess product demands in the market, formulating solutions to reduce dependency on external consultants, and making infrastructure and technology-related decisions. The requirements to qualify for the position include possessing good management and problem-solving skills and obtaining a bachelor's degree in computer science or other related fields.
Vice presidents, technology and president & chief technology officers have different pay scales, as shown below.
| Vice President, Technology | President & Chief Technology Officer | |
| Average salary | $152,462 | $186,281 |
| Salary range | Between $106,000 And $218,000 | Between $115,000 And $299,000 |
| Highest paying City | Boston, MA | Boston, MA |
| Highest paying state | Massachusetts | Massachusetts |
| Best paying company | Mayo Clinic | Novant Health |
| Best paying industry | Technology | Telecommunication |
There are a few differences between a vice president, technology and a president & chief technology officer in terms of educational background:
| Vice President, Technology | President & Chief Technology Officer | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Most common major | Computer Science | Computer Science |
| Most common college | Carnegie Mellon University | Carnegie Mellon University |
Here are the differences between vice presidents, technology' and president & chief technology officers' demographics:
| Vice President, Technology | President & Chief Technology Officer | |
| Average age | 47 | 47 |
| Gender ratio | Male, 84.3% Female, 15.7% | Male, 94.3% Female, 5.7% |
| Race ratio | 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% | Black or African American, 6.5% Unknown, 5.2% Hispanic or Latino, 9.7% Asian, 13.8% White, 64.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 11% |