According to a survey done by CIO Insight, the annual pay packets of CIOs are on the sixth consecutive year of increase. The figures obtained from a total of 266 CIOs polled showed that the average pay packets stand at $211,060, up from $204,319 last year. This is a far cry from the mere $167,242 that CIOs are getting in 2003 when the survey was started.
Note that "additional/bonus" refers to previous years' bonus or additional payouts. Base compensation refers to average annual base compensation.
[Source: CIO salaries on a six-year rise]
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Paul Mah is a writer and blogger who lives in Singapore, where he has worked for a number of years in various capacities within the IT industry. Paul enjoys tinkering with tech gadgets, smartphones, and networking devices.