SMB CIOs Make Less than Counterparts at Large Companies

Ann All

The CIO's star appears to be rising, at least financially, with recruitment firm Harvey Nash finding that the percentage of tech execs earning more than $125,000 annually increased by 34 percent in the past 12 months.

 

Yet CIOs at SMBs are not making out as well financially as their peers at larger businesses, according to a recent CIO Insight survey.

 

Though their qualifications and career backgrounds are similar, the survey found that the annual base compensation for CIOs at SMBs is $141,800, compared to annual base pay of $215,972 for tech execs at larger firms. Total compensation -- including bonuses or other added pay -- was $171,502 for SMB CIOs and $295,479 for their peers.

 

But money apparently isn't everything. Only a slightly larger percentage of SMB CIOs were looking for new jobs (44 percent, compared to 37 percent of other CIOs).

 

The survey spotlighted some other interesting differences. Fifty percent of SMB CIOs report to their company's CEO, chairman and president -- widely seen as a gauge of the perceived importance of the CIO. In contrast, 43 percent of CIOs at larger firms do so.


 

Yet the SMB CIOs are less likely to be called a "CIO" (41 percent, vs. 64 percent of tech execs at larger companies). They are also far less likely to work for multinational companies (29 percent vs. 56 percent).



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