Average Chief Technology Officer Salary in Russia for 2024

In this article, we will look at the average Chief Technology Officer salary for 2024 in Russia 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 Russian ruble. To keep things simple, we are using the RUB currency code instead of the currency symbol โ‚ฝ.

How Much Does a Chief Technology Officer Make in Russia?

A Chief Technology Officer working in Russia will typically earn around 1,788,300 RUB per year, and this can range from the lowest average salary of about 929,700 RUB to the highest average salary of 2,734,500 RUB.

Average Annual Salary
1,788,300 RUB
Average Monthly Salary
149,025 RUB

Lowest Annual Salary
929,700 RUB
Lowest Monthly Salary
77,475 RUB

Highest Annual Salary
2,734,500 RUB
Highest Monthly Salary
227,875 RUB

These are average salaries for a Chief Technology Officer in Russia 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 Russia

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

Salary ranges

We already know that a Chief Technology Officer can earn between 929,700 RUB and 2,734,500 RUB on average in Russia. 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 Russia is 1,716,600 RUB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,716,600 RUB, and 50% of the population earn more than 1,716,600 RUB.

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 Russia, 25% of the population are earning less than 1,189,900 RUB while 75% of the population earn more than 1,189,900 RUB.

75% of the population earn less than 2,136,200 RUB, and 25% of the population earn more than 2,136,200 RUB.

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 Russia

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 Russia that has less than two years of experience can expect to earn somewhere in the region of 1,054,900 RUB.
  • 2 - 5 Years Experience. With two to five years of experience the average Chief Technology Officer salary would increase to 1,417,600 RUB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Chief Technology Officer, the average salary would be 1,835,700 RUB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,230,100 RUB.
  • 15 - 20 Years Experience. A Chief Technology Officer with 15 to 20 years of experience can earn an average of 2,435,600 RUB.
  • 20+ Years Experience. For a Chief Technology Officer with more than 20 years, the expected average salary increases to 2,557,100 RUB.

Average Salary by Experience Chart

0-2 Years
1,054,900 RUB
2-5 Years +34%
1,417,600 RUB
5-10 Years +30%
1,835,700 RUB
10-15 Years +21%
2,230,100 RUB
15-20 Years +9%
2,435,600 RUB
20+ Years +5%
2,557,100 RUB

Chief Technology Officer Salary by Education Level in Russia

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 Russia 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 Russia with a certificate or diploma education can earn an average salary of 1,249,900 RUB.

  • Bachelor's Degree. A Chief Technology Officer in Russia with a bachelor's degree education can earn an average salary of 1,908,800 RUB.

  • Master's Degree. A Chief Technology Officer in Russia with a master's degree education can earn an average salary of 2,698,900 RUB.

Average Salary by Education Chart

Certificate or Diploma
1,249,900 RUB
Bachelor's Degree +52%
1,908,800 RUB
Master's Degree +42%
2,698,900 RUB

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 Russia is around 519,000 to 1,560,000 RUB 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 Russia, a male chief technology officer will earn an average of 1,858,200 RUB, while a female chief technology officer will earn around 1,728,900 RUB.

This means that a male chief technology officer earns approximately 7% more than a female chief technology officer for performing the same job.

Average Salary by Gender Chart in Russia

Male
1,858,200 RUB
Female -7%
1,728,900 RUB

Chief Technology Officer Average Pay Raise in Russia

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 Russia is around 12% every 19 months.

The national average pay raise across all professions and industries in Russia is around 8% every 17 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 ÷ 19 ) × 12  = 8%

What this means is that a Chief Technology Officer in Russia can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Russia for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Chief Technology Officer Bonus and Incentive Rates in Russia

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 Russia earn approximately 6% more than private sector employees in the same role.

Public Sector
1,283,600 RUB
Private Sector -6%
1,212,800 RUB

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 Russia.

Job Title Category Salary
Access Operation Team Leader Telecommunication 1,296,900 RUB
Audio Visual Installer Telecommunication 592,600 RUB
Broadband Technician Telecommunication 606,400 RUB
Customer Implementation Support Telecommunication 623,200 RUB
Fiber Optic Technician Telecommunication 643,800 RUB
Mobile Data Coordinator Telecommunication 626,800 RUB
OSP Site Supervisor Telecommunication 747,400 RUB
Retention Executive Telecommunication 1,632,100 RUB
RF Engineer Telecommunication 1,098,200 RUB
Sales Director Telecommunication 1,908,800 RUB
Sales Engineer Telecommunication 1,224,800 RUB
Technical Support Engineer Telecommunication 1,043,600 RUB
Telecom Chief Engineer Telecommunication 1,212,800 RUB
Telecom Specialist Telecommunication 1,296,900 RUB
Telecommunication Consultant Telecommunication 1,369,700 RUB
Telecommunication Dispatcher Telecommunication 556,000 RUB
Telecommunication Equipment Engineer Telecommunication 923,000 RUB
Telecommunication Logistics Supervisor Telecommunication 821,500 RUB
Telecommunication Product Manager Telecommunication 1,273,300 RUB
Telecommunication Project Coordinator Telecommunication 748,600 RUB
Telecommunication Project Manager Telecommunication 1,320,500 RUB
Telecommunication Service Delivery Manager Telecommunication 1,500,800 RUB
Telecommunication Service Management Coordinator Telecommunication 1,212,800 RUB
Telecommunication Solution Architect Telecommunication 1,464,200 RUB
Telecommunication Surveyor Telecommunication 595,300 RUB
Telecommunication Team Leader Telecommunication 1,098,200 RUB
Telecommunication Technical Manager Telecommunication 1,306,100 RUB
Telecommunication Technician Telecommunication 524,400 RUB
Telecommunications Analyst Telecommunication 1,345,400 RUB
Telecommunications Assistant Manager Telecommunication 1,405,700 RUB
Telecommunications Chief Engineer Telecommunication 1,182,800 RUB
Telecommunications Engineer Telecommunication 1,108,500 RUB
Telecommunications Engineering Specialist Telecommunication 1,130,200 RUB
Telecommunications Equipment Installer Telecommunication 558,300 RUB
Telecommunications Facility Examiner Telecommunication 665,300 RUB
Telecommunications Line Installer Telecommunication 573,500 RUB
Telecommunications Manager Telecommunication 1,908,800 RUB
Telecommunications Network Engineer Telecommunication 1,129,700 RUB
Telecommunications Technician Telecommunication 520,900 RUB

Salary Comparison by City

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

City Average Salary
Chelyabinsk 1,858,200 RUB
Izhevsk 1,716,600 RUB
Kazan 1,896,700 RUB
Krasnodar 1,788,300 RUB
Krasnoyarsk 1,882,700 RUB
Moscow 2,065,400 RUB
Nizhny Novgorod 1,942,700 RUB
Omsk 1,835,700 RUB
Rostov-on-Don 1,788,300 RUB
Saint Petersburg 2,026,800 RUB
Samara 1,765,300 RUB
Saratov 1,765,300 RUB
Volgograd 1,678,300 RUB
Yekaterinburg 1,980,600 RUB

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