Roles and missions of the CTO / Chief Technical Officer
A CTO (Chief Technical Officer) is a senior executive responsible for executing a company's technology strategy. The main responsibilities of a CTO include :
- Keeping abreast of new technologies and technology trends and ensuring that the company can use them to improve its products and services.
- Developing and implementing a global technology strategy and building a technology ecosystem for the business.
- Evaluate and monitor the implementation progress of ongoing projects, particularly those set up to meet the needs of the business.
- Providing strategic technology advice to senior management and ensuring that the IT department or the IT department is functioning properly.
- Overseeing the recruitment and training process for IT staff, as well as the allocation of IT resources and budgets.
- Managing IT projects, including software development, networking and web development projects.
- Defining and applying IT security standards and ensuring that IT systems are properly backed up and protected.
- organising meetings to make presentations and discuss appropriate IT technologies and solutions for the company.
- Participating in conferences, workshops and forums to share information and knowledge about IT technologies and solutions.
The CTO is a key member of the management teams. His or her main role is to ensure that the company has the right equipment and technologies to help achieve its short- and long-term objectives. In addition, he or she must be able to find the most effective solutions to problems.
Salary and career development of a CTO / Chief Technical Officer
The salary of a Chief Technical Officer (CTO) varies according to their experience and the type of position they hold. In France, the average gross annual salary for a CTO is between €60,000 and €90,000. Annual gross salary increases based on years of experience are as follows:
- 0 to 2 years: between €50,000 and €70,000
- 2 to 5 years: between €60,000 and €80,000
- 5 to 10 years: between €70,000 and €90,000
- 10 to 15 years: between €80,000 and €110,000
- Over 15 years: between €90,000 and €130,000
In addition to salary, a CTO may receive an annual bonus of up to 15% of salary. A CTO can progress to a number of positions depending on his or her experience and skills. Here are 5 possible career paths:
- Chief Information Officer
- Chief engineer
- Information technology consultant
- Systems analyst
- senior software developer