Global chief marketing and business development officers at the 50 biggest firms are now commanding pay checks of $550,000 to $1 million a year, three industry insiders told me - a reflection. This reflects the amount of work that they have put . PGIM Chief Marketing Officer in the United States makes about $182,971 per year. Review market research and analyze competitor products. The estimated base pay is $91,344 per year. (Copyright 2023 Salary.com) View full job description, Employers: Job Description Management Tool. Know Your Worth. has poached Kate Jhaveri most recently chief marketing officer at Amazon's Twitch who also has worked at . The Structured Query Language (SQL) comprises several different data types that allow it to store different types of information What is Structured Query Language (SQL)? The Nationwide startup scene moves fast. We are hiring an Acquisition Marketer to help grow our newsletter subscription business and will report into the VP, Marketing and Growth. Chief Marketing Officer provides overall vision, leadership, strategy, and execution of all marketing programs and initiatives of the organization. Job Description for Chief Marketing Officer. Chief Marketing Officer Salary and Job Outlook The job market for marketing, advertising and related fields is expected to grow 10 percent by 2031. Chief marketing officers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $72,000 a year, while the top 10% makes $253,000. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. What is the salary trajectory for a Chief Marketing Officer? Here are the five companies hiring the most now: Here are some examples of how much a chief marketing officer salaries can based on different industries: The media industry pays chief marketing officers an average salary of $125,889, The telecommunication industry pay $125,623, The lowest paying industry for chief marketing officers is the retail industry. Job Openings. What is the average salary for a CHIEF MARKETING OFFICER? Executive Vice President, Chief Marketing Officer: 2016-2017: 7-United States: Daniel Rube: The base salary for Chief Marketing Officer ranges from $295,613 to $416,299 with the average base salary of $341,815. Work with the finance team to establish marketing budgets. In addition, some businesses offer bonuses and employee benefits, which . New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. The average salary for a chief marketing officer is $162,718 per year in the United States. Salaries can vary depending on the specific business and location, but they typically earn more than other members of the marketing team, since are the most senior members of the department. The following are other qualifications for being a CMO: Chief marketing officers can expect to earn a more than decent salary, depending on their qualifications, experience, and geographical location of the job. Is this useful? Chief Executive Officer, Chief Marketing Officer, Marketing Manager and more on Indeed.com This is a tremendous opportunity for a proven marketing leader. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Develop marketing strategies that establish brand identity and brand loyalty. Find startup jobs, tech news and events. CMOs typically report to the CEO. We want to hear from you. The chief marketing officers of Dell, Coca-Cola and Time Warner are among the best paid marketing executives in the U.S., all earning more than $6 million in 2016, according to a report. See user submitted job responsibilities for Chief Marketing Officer. 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Apply for the Job in Chief Marketing Officer/Chief Commercial Officer at Reading, PA. View the job description, responsibilities and qualifications for this position. Figures included salary, bonus, stock and options awards, and other compensation benefits. Maybe. The highest salary for a Chief Marketing Officer (CMO) in United Kingdom is 221,301 per year. The average salary for a Chief Marketing Officer (CMO) is $178,477 Base Salary $90k - $278k Bonus $9k - $99k Profit Sharing $2k - $71k Commission $1k - $81k Total Pay $89k - $340k Based on. The estimated additional pay is $24,283 per year. An individual appointed to the CMO role is expected to lead the companys advertising activities, brand management, market research, product development and management, marketing communications, pricing, and customer service. Most Popular Cities for Chief Marketing Officer, Chief Marketing Officer Salaries with No Diploma, Chief Marketing Officer Salaries with a High School Diploma or Technical Certificate, Chief Marketing Officer Salaries with an Associate's Degree, Chief Marketing Officer Salaries with a Bachelor's Degree, Chief Marketing Officer Salaries with a Master's Degree or MBA, Chief Marketing Officer Salaries with a JD, MD, PhD or Equivalent, San Diego, CA Chief Marketing Officer Salaries, Chicago, IL Chief Marketing Officer Salaries, New York, NY Chief Marketing Officer Salaries, Houston, TX Chief Marketing Officer Salaries, Phoenix, AZ Chief Marketing Officer Salaries, San Antonio, TX Chief Marketing Officer Salaries, San Jose, CA Chief Marketing Officer Salaries, Los Angeles, CA Chief Marketing Officer Salaries, Philadelphia, PA Chief Marketing Officer Salaries, Dallas, TX Chief Marketing Officer Salaries. For a real-time salary target, tell us more about your role in the four categories below. An MBA in Marketing or Business is also preferred by most companies, if not required. Austin, TX, Growth Factor Group, Inc. - Although its not always required, getting a masters degree in marketing, or an MBA with a marketing focus, can help further develop marketing skills and job opportunities. Are you an established marketing leader looking for your next ride at a high-growth start-up with product/market fit, an, About ToptalToptal is a global network of top freelance talent in business, design, and technology that enables companies to scale their teams, on-demand. How much does a CHIEF MARKETING OFFICER make? Equilar analyzed the proxy statements of all U.S.-based or listed public companies with a turnover of more than $500 million in fiscal year 2016. The national average salary for a Chief Marketing Officer (CMO) is 123,330 in United Kingdom. A free inside look at NBA salary trends based on 845 salaries wages for 352 jobs at NBA. They set the marketing strategy, create benchmarks and maintain a plan for helping a brand achieve success through its marketing activities. Product marketing, on the other hand, involves launching new products, creating promotions and messaging, monitoring the competition, and receiving customer feedback. Suzy Welch: Here's the best answer to 'What's your current salary? Chief marketing officers are executive-level roles that lead the marketing department and have several direct reports. . Requires a bachelor's degree. Managing Experience: If you are a Chief Marketing Officer (CMO) CMO VP Marketing B2B eLearning Training Courses for Startups, BluZinc - Develops an end-to-end marketing function that delivers messaging, branding, digital presence, product support, demand generation, content, research, and thought leadership. Some of the techniques used to conduct market research include customer surveys, focus group discussions, and distributor surveys. Handshake is the #1 place, Luxury Presence is a VC-funded prop tech startup. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. An early career Chief Marketing Officer (CMO) with 1-4 years of experience earns an average total compensation of $97,431 based Read more, The chief marketing officer is responsible for creating and ensuring the execution of a company's marketing and sales groups' vision. He took home $15 million in 2016, according to a ranking compiled by the Equilar consultancy. Chief marketing officers shape big-picture marketing strategy and lead teams who undertake marketing initiatives such as market research, branding, product development, communications and sales. Built In is the online community for startups and tech companies. The CMO uses various techniques to collect important information about the target market that helps identify the needs of the market, the competition, and the popularity of the companys products among consumers. 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Keep other senior leaders and stakeholders informed on the progress of ongoing marketing campaigns. The average CMO (Chief Marketing Officer) salary for women is $226,733 and the average CMO (Chief Marketing Officer) salary for men is $219,690. Chief marketing officers can expect to earn a more than decent salary, depending on their qualifications, experience, and geographical location of the job. Salary estimates are based on 177 salaries submitted anonymously to Glassdoor by Chief Marketing Officer (CMO) employees. A successful CMO helps build, maintain and guide marketing teams and strategies that drive revenue and engagement with a companys platform or products. Further, CMOs are required to have held a managerial role, with direct supervision of seven to ten marketing staff. $232,765 / yr. Filter by location to see a Chief Marketing Officer (CMO) salaries in your area. Throughout the U.S., the average salary for a chief marketing officer is roughly $135,198 per year, which boils down to $65.0 per hour. Proven track record of being a people manager. Chief marketing officers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $72,000 a year, while the top 10% makes $253,000. The full compensation package for a chief marketing officer depends on a variety of factors, including but not limited to the candidates experience and geographic location. The average additional cash compensation for a CMO (Chief Marketing Officer) in US is $61,818. Executes multiple high impact initiatives to achieve overall corporate goals. Marketing communications involve managing the way the company communicates important information to the target market. What is the salary trajectory of a CHIEF MARKETING OFFICER? Create marketing plans and initiatives that drive revenue and sales. Got a confidential news tip? Chief marketing officers usually have a bachelors degree in marketing, advertising, public relations or a related field. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. What is the salary trajectory for a Chief Marketing Officer? Salaries estimates are based on 16 salaries submitted anonymously to Glassdoor by a CHIEF MARKETING OFFICER employees. Similar Job Titles: Chief Marketing Officer US$ Carbondale, IL. How much does a Chief Marketing Officer make in the United States? Filter by location to see CHIEF MARKETING OFFICER salaries in your area. Salary estimates are based on 16 salaries submitted anonymously to Glassdoor by CHIEF MARKETING OFFICER employees. Chief marketing officers usually have at least a bachelors degree in marketing or a related field. Additionally, Chief Marketing Officer identifies potential markets, customer segments, and products to explore. Chicago, IL, How to Manage a Small Law Firm - The total cash compensation, which includes base, and annual incentives, can vary anywhere from $393,535 to $645,345 with the average total cash compensation of $502,685. Here are the ten highest-paid marketers for fiscal year 2016 according to Equilar: 1 Charter Communications - Jonathan Hargis $15,027,148, 2 Dell Technologies - Jeremy Burton $13,355,747, 3 Palo Alto Networks - Rene Bonvanie $13,114,413, 4 Coca Cola Co- Marcos De Quinto (since retired) $7,635,055, 6 Electronic Arts - Christopher Bruzzo $5,728,077, 7 Marriott International - Stephanie Linnartz $5,183,745, 8 Autodesk - Andrew Anagnost (now president and CEO) $5,034,940, 9 Chipotle Mexican Grill - Mark Crumpacker $4,900,736, 10 CSX Corp - Fredrik Eliasson (now president) $4,696,311. Additionally, Chief Marketing Officer identifies potential markets, customer segments, and products to explore. The highest paying companies for chief marketing officers are Shearman & Sterling and Dignity Health according to our most recent salary estimates. The job market for marketing, advertising and related fields is expected to grow 10 percent by 2031. Develops an end-to-end marketing function that delivers messaging, branding, digital presence, product support, demand generation, content, research, and thought leadership. Additional pay could include bonus, stock, commission, profit sharing or tips. Defines corporate vision and strategy establishes company direction and focus. The estimated base pay is $90,777 per year. See below for detailed information on the average chief marketing officers salary. Sign up for free newsletters and get more CNBC delivered to your inbox. The estimated total pay for a Marketing Manager at NBA is $115,505 per year. Product management involves new product development and product marketing. The CMO uses different strategies to increase brand awareness of the companys products and boost the perceived value of the brand vis--vis what competitors offer. What sets the biggest email newsletter services apart? NBA Hires Tech-Marketing Vet Kate Jhaveri as CMO. Filter by location to see a CHIEF MARKETING OFFICER salaries in your area. The average Chief Marketing Officer salary in the United States is $341,815 as of January 26, 2023, but the range typically falls between $295,613 and $416,299. CHIEF MARKETING OFFICER Salaries in United Kingdom Updated 4 Jan 2023 Very High Confidence 103,987 /yr Average Base Pay 64 salaries 55K Low 104K Average 195K High Additional Cash Compensation Average : 15,920 Range : 3,495 - 72,516 How much does a CHIEF MARKETING OFFICER make? While the CMO must inspire their sales and marketing employees in this way, they must also be able to communicate the excitement and vision of the company to the media Read more, Our data indicates that the highest pay for a Chief Marketing Officer (CMO) is $278k / year, Our data indicates that the lowest pay for a Chief Marketing Officer (CMO) is $90k / year. Pay Equity. A Division of NBCUniversal. Structured Query Language (known as SQL) is a programming language used to interact with a database. Excel Fundamentals - Formulas for Finance, Certified Banking & Credit Analyst (CBCA), Business Intelligence & Data Analyst (BIDA), Financial Planning & Wealth Management Professional (FPWM), Commercial Real Estate Finance Specialization, Environmental, Social & Governance Specialization, Business Intelligence & Data Analyst (BIDA), Financial Planning & Wealth Management Professional (FPWM), Excellent communication skills, both written and verbal, Proven understanding of data analysis tools, Ability to lead in a constantly evolving environment, Experience working with various marketing tools relating to market research, data analytics, website development, product branding, visual communication software, written communication, and public relations, Proven ability to design and coordinate marketing campaigns across traditional and modern channels, Expert in digital and social media marketing. Some of the roles and responsibilities that a CMO is required to perform in the corporate world include: Brand management refers to the practice of creating a relationship between the companys products and the target market. Chief Marketing and Creator Experience Officer. Top companies for Chief Marketing Officers in United States. Some of the high salaries are due to payouts from multi-year incentive plans, Equilar noted, so the ranking of executives' pay may change in future years. Requirements and Responsibilities. The CMO uses the results to make a presentation to the CEO and other executives on the research findings. Location impacts how much a chief marketing officer can expect to make. Many CMOs have at least 10 years of experience working in marketing, with three to five years of management experience. 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