Chief Technology Officer Average Salary in Austria 2024
How much money does a person working as Chief Technology Officer make in Austria?
LOW
3,110
EUR AVERAGE
5,980
EUR HIGH
9,140
EUR
A person working as Chief Technology Officer in Austria typically earns around 5,980 EUR. Salaries range from 3,110 EUR (lowest) to 9,140 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Chief Technology Officer salaries in Austria vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Chief Technology Officer Pay Scale and Salaries in Austria
Salary Structure and Pay Scale Comparison
5,410 EUR or more
4,820 to 5,410 EUR
3,520 EUR or less
3,520 to 4,820 EUR
 3,110 EUR |
5,430 EUR |
9,140 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Chief Technology Officer in Austria range from 3,110 EUR (starting salary) to 9,140 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 5,430 EUR, half of the professionals who work as Chief Technology Officer in Austria earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Chief Technology Officer in Austria earn less than 4,510 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 6,170 EUR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Chief Technology Officer in Austria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 3,520 EUR to 4,820 EUR. About 20% of salaries are below the 3,520 EUR mark, while 10% fall within the range of 4,820 EUR to 5,410 EUR. Only 5% of individuals have salaries exceeding 5,410 EUR.
Salary Comparison by Years of Experience / Chief Technology Officer / Austria
How do experience and age affect pay?
| 0 - 2 Years | 3,530 EUR | |
| 2 - 5 Years | +34% | 4,740 EUR |
| 5 - 10 Years | +30% | 6,160 EUR |
| 10 - 15 Years | +21% | 7,450 EUR |
| 15 - 20 Years | +9% | 8,150 EUR |
| 20+ Years | +5% | 8,570 EUR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Chief Technology Officer and this is what we found.
Employees with less than two years of experience earn approximately 3,530 EUR.
While someone with an experience level between two and five years is expected to earn 4,740 EUR, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 6,160 EUR, 30% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 7,450 EUR, 21% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 8,150 EUR, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 8,570 EUR, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Chief Technology Officer / Austria
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Chief Technology Officer.
| Certificate or Diploma | 4,190 EUR | |
| Bachelor's Degree | +52% | 6,370 EUR |
| Master's Degree | +42% | 9,020 EUR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Chief Technology Officer in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 4,190 EUR.
Level 2: Bachelor's Degree
At this level, the average salary becomes 6,370 EUR, 52% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 9,020 EUR, 42% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Austria costs anywhere from 19,000 EUR to 57,000 EUR and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Chief Technology Officer / Austria
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Chief Technology Officer in Austria, the average difference between the salary of male and female employees is 4%.
| Male | 6,110 EUR | |
| Female | -4% | 5,850 EUR |
Salary Comparison By Gender in Austria for all Careers
Average Annual Salary Increment Percentage / Chief Technology Officer / Austria
How much are annual salary increments in Austria for individuals working as Chief Technology Officer? How often do employees get salary raises?
Individuals working as Chief Technology Officer in Austria are likely to observe a salary increase of approximately 9% every 30 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Austria / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Chief Technology Officer / Austria
How much and how often are bonuses being awarded?
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63% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 37% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
| Received Bonus | 37% | |
| No Bonus | 63% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Chief Technology Officer / Austria
34 EUR per hourThe average hourly wage (pay per hour) for individuals working as Chief Technology Officer in Austria is 34 EUR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Chief Technology Officer in Austria is 18 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Telecommunication |  -100% | |
| 5G Network Architect | 4,490 EUR | -25% |
| Access Operation Team Leader | 4,020 EUR | -33% |
| Audio Visual Installer | 1,930 EUR | -68% |
| Broadband Technician | 1,930 EUR | -68% |
| Chief Technology Officer | 5,980 EUR |  +0% |
| Customer Implementation Support | 1,930 EUR | -68% |
| Fiber Optic Technician | 2,050 EUR | -66% |
| Mobile Data Coordinator | 2,050 EUR | -66% |
| Network Automation Engineer | 3,770 EUR | -37% |
| Network Capacity Planner | 4,070 EUR | -32% |
| Network Function Virtualization Engineer | 4,250 EUR | -29% |
| OSP Site Supervisor | 2,350 EUR | -61% |
| Retention Executive | 5,250 EUR | -12% |
| RF Engineer | 3,450 EUR | -42% |
| Sales Director | 5,990 EUR | +0% |
| Sales Engineer | 3,910 EUR | -35% |
| Technical Support Engineer | 3,450 EUR | -42% |
| Telecom Chief Engineer | 4,080 EUR | -32% |
| Telecom Specialist | 4,180 EUR | -30% |
| Telecommunication Consultant | 4,690 EUR | -22% |
| Telecommunication Dispatcher | 1,690 EUR | -72% |
| Telecommunication Equipment Engineer | 2,820 EUR | -53% |
| Telecommunication Logistics Supervisor | 2,570 EUR | -57% |
| Telecommunication Product Manager | 4,210 EUR | -30% |
| Telecommunication Project Coordinator | 2,390 EUR | -60% |
| Telecommunication Project Manager | 4,390 EUR | -27% |
| Telecommunication Service Delivery Manager | 4,960 EUR | -17% |
| Telecommunication Service Management Coordinator | 3,900 EUR | -35% |
| Telecommunication Solution Architect | 4,620 EUR | -23% |
| Telecommunication Surveyor | 1,800 EUR | -70% |
| Telecommunication Team Leader | 3,810 EUR | -36% |
| Telecommunication Technical Manager | 4,380 EUR | -27% |
| Telecommunication Technician | 1,760 EUR | -71% |
| Telecommunications Analyst | 4,250 EUR | -29% |
| Telecommunications Assistant Manager | 4,510 EUR | -25% |
| Telecommunications Chief Engineer | 3,740 EUR | -37% |
| Telecommunications Data Scientist | 4,980 EUR | -17% |
| Telecommunications Engineer | 3,630 EUR | -39% |
| Telecommunications Engineering Specialist | 3,780 EUR | -37% |
| Telecommunications Equipment Installer | 1,940 EUR | -68% |
| Telecommunications Facility Examiner | 2,170 EUR | -64% |
| Telecommunications Infrastructure Manager | 5,720 EUR | -4% |
| Telecommunications Line Installer | 1,750 EUR | -71% |
| Telecommunications Manager | 6,480 EUR | +8% |
| Telecommunications Network Engineer | 3,700 EUR | -38% |
| Telecommunications Project Manager | 5,410 EUR | -9% |
| Telecommunications Regulatory Analyst | 3,910 EUR | -35% |
| Telecommunications Software Tester | 3,270 EUR | -45% |
| Telecommunications Sustainability Analyst | 4,020 EUR | -33% |
| Telecommunications Systems Integrator | 3,660 EUR | -39% |
| Telecommunications Technician | 1,710 EUR | -71% |
| Voice Communications Manager | 4,720 EUR | -21% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Austria is 7% on average across all career fields.
| Private Sector | 3,650 EUR | |
| Public Sector | +7% | 3,920 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Chief Technology Officer in Austria?
A good and competitive compensation would range anywhere between 5,430 EUR and 6,170 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Chief Technology Officer in Austria ranges from 3,110 EUR to 4,510 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
