Average Chief Technology Officer Salary in Indonesia for 2024

In this article, we will look at the average Chief Technology Officer salary for 2024 in Indonesia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Indonesian rupiah. To keep things simple, we are using the IDR currency code instead of the currency symbol Rp.

How Much Does a Chief Technology Officer Make in Indonesia?

A Chief Technology Officer working in Indonesia will typically earn around 238,800,100 IDR per year, and this can range from the lowest average salary of about 124,799,100 IDR to the highest average salary of 366,001,300 IDR.

Average Annual Salary
238,800,100 IDR
Average Monthly Salary
19,900,008 IDR

Lowest Annual Salary
124,799,100 IDR
Lowest Monthly Salary
10,399,925 IDR

Highest Annual Salary
366,001,300 IDR
Highest Monthly Salary
30,500,108 IDR

These are average salaries for a Chief Technology Officer in Indonesia and include benefits such as housing and transport. It's also possible for a Chief Technology Officer to earn more or less than the average salaries shown above.

Chief Technology Officer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Chief Technology Officer Salaries in Indonesia

So we've looked at the average salaries a Chief Technology Officer will earn in Indonesia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Chief Technology Officer can earn between 124,799,100 IDR and 366,001,300 IDR on average in Indonesia. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Chief Technology Officer in Indonesia is 229,198,300 IDR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 229,198,300 IDR, and 50% of the population earn more than 229,198,300 IDR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Chief Technology Officer salary in Indonesia, 25% of the population are earning less than 159,601,400 IDR while 75% of the population earn more than 159,601,400 IDR.

75% of the population earn less than 285,599,300 IDR, and 25% of the population earn more than 285,599,300 IDR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Chief Technology Officer Salary by Experience Level in Indonesia

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average chief technology officer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Chief Technology Officer in Indonesia that has less than two years of experience can expect to earn somewhere in the region of 141,598,200 IDR.
  • 2 - 5 Years Experience. With two to five years of experience the average Chief Technology Officer salary would increase to 189,600,800 IDR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Chief Technology Officer, the average salary would be 246,000,200 IDR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 297,599,600 IDR.
  • 15 - 20 Years Experience. A Chief Technology Officer with 15 to 20 years of experience can earn an average of 325,200,300 IDR.
  • 20+ Years Experience. For a Chief Technology Officer with more than 20 years, the expected average salary increases to 343,198,700 IDR.

Average Salary by Experience Chart

0-2 Years
141,598,200 IDR
2-5 Years +34%
189,600,800 IDR
5-10 Years +30%
246,000,200 IDR
10-15 Years +21%
297,599,600 IDR
15-20 Years +9%
325,200,300 IDR
20+ Years +5%
343,198,700 IDR

Chief Technology Officer Salary by Education Level in Indonesia

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Chief Technology Officer in Indonesia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Chief Technology Officer in Indonesia with a certificate or diploma education can earn an average salary of 167,999,600 IDR.

  • Bachelor's Degree. A Chief Technology Officer in Indonesia with a bachelor's degree education can earn an average salary of 254,401,100 IDR.

  • Master's Degree. A Chief Technology Officer in Indonesia with a master's degree education can earn an average salary of 361,201,700 IDR.

Average Salary by Education Chart

Certificate or Diploma
167,999,600 IDR
Bachelor's Degree +52%
254,401,100 IDR
Master's Degree +42%
361,201,700 IDR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Indonesia is around 60,700,000 to 182,000,000 IDR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Chief Technology Officer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Indonesia, a male chief technology officer will earn an average of 252,000,400 IDR, while a female chief technology officer will earn around 230,401,100 IDR.

This means that a male chief technology officer earns approximately 9% more than a female chief technology officer for performing the same job.

Average Salary by Gender Chart in Indonesia

Male
252,000,400 IDR
Female -9%
230,401,100 IDR

Chief Technology Officer Average Pay Raise in Indonesia

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Chief Technology Officer in Indonesia is around 12% every 20 months.

The national average pay raise across all professions and industries in Indonesia is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 20 ) × 12  = 7%

What this means is that a Chief Technology Officer in Indonesia can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Indonesia for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Indonesia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Chief Technology Officer Bonus and Incentive Rates in Indonesia

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Chief Technology Officer is a moderate bonus based job, with 54% of employees reporting at least one bonus in the last 12 months.

46% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 5%.

Received Bonus
54%
No Bonus
46%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Indonesia earn approximately 9% more than private sector employees in the same role.

Public Sector
151,201,000 IDR
Private Sector -9%
139,199,500 IDR

Salaries for Jobs Similar to a Chief Technology Officer

In the table below, we have salary information for jobs that are similar to a Chief Technology Officer in Indonesia.

Job Title Category Salary
Access Operation Team Leader Telecommunication 158,398,200 IDR
Audio Visual Installer Telecommunication 73,920,200 IDR
Broadband Technician Telecommunication 76,560,700 IDR
Customer Implementation Support Telecommunication 79,319,400 IDR
Fiber Optic Technician Telecommunication 81,240,300 IDR
Mobile Data Coordinator Telecommunication 79,921,300 IDR
OSP Site Supervisor Telecommunication 98,520,900 IDR
Retention Executive Telecommunication 196,799,500 IDR
RF Engineer Telecommunication 133,198,700 IDR
Sales Director Telecommunication 241,199,300 IDR
Sales Engineer Telecommunication 154,800,100 IDR
Technical Support Engineer Telecommunication 134,400,400 IDR
Telecom Chief Engineer Telecommunication 153,600,700 IDR
Telecom Specialist Telecommunication 169,198,600 IDR
Telecommunication Consultant Telecommunication 177,599,600 IDR
Telecommunication Dispatcher Telecommunication 69,001,000 IDR
Telecommunication Equipment Engineer Telecommunication 113,281,500 IDR
Telecommunication Logistics Supervisor Telecommunication 103,441,400 IDR
Telecommunication Product Manager Telecommunication 164,398,100 IDR
Telecommunication Project Coordinator Telecommunication 90,958,900 IDR
Telecommunication Project Manager Telecommunication 175,200,500 IDR
Telecommunication Service Delivery Manager Telecommunication 182,401,400 IDR
Telecommunication Service Management Coordinator Telecommunication 148,800,300 IDR
Telecommunication Solution Architect Telecommunication 185,999,300 IDR
Telecommunication Surveyor Telecommunication 70,438,600 IDR
Telecommunication Team Leader Telecommunication 141,598,200 IDR
Telecommunication Technical Manager Telecommunication 175,200,500 IDR
Telecommunication Technician Telecommunication 69,119,600 IDR
Telecommunications Analyst Telecommunication 167,999,600 IDR
Telecommunications Assistant Manager Telecommunication 175,200,500 IDR
Telecommunications Chief Engineer Telecommunication 154,800,100 IDR
Telecommunications Engineer Telecommunication 141,598,200 IDR
Telecommunications Engineering Specialist Telecommunication 151,201,000 IDR
Telecommunications Equipment Installer Telecommunication 76,560,700 IDR
Telecommunications Facility Examiner Telecommunication 84,479,000 IDR
Telecommunications Line Installer Telecommunication 67,200,800 IDR
Telecommunications Manager Telecommunication 249,599,700 IDR
Telecommunications Network Engineer Telecommunication 149,999,200 IDR
Telecommunications Technician Telecommunication 66,598,300 IDR

Salary Comparison by City

If you want to compare salaries with different cities in Indonesia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Bandung 235,200,900 IDR
Jakarta 244,798,100 IDR
Makasar 211,199,300 IDR
Malang 205,201,300 IDR
Medan 230,401,100 IDR
Palembang 220,800,400 IDR
Semarang 215,998,500 IDR
Surabaya 239,998,500 IDR
Surakarta 200,401,500 IDR
Tangerang 224,398,200 IDR

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