FARO Technologies CTO Salaries in Bloomington, IL | Comparably
Comparably
FARO Technologies Claimed Company
Headquartered in Lake Mary, Florida, with over 25 offices around the world, FARO provides leading-edge measurement solutions, outstanding customer support and steady industry leadership. When PhD students Simon Raab and Greg Frasier launched FARO from a garage in 1981, they envisioned the start-up as a pioneer for 3D measurement and imaging that would provide precision technology to guide their customers to success. Fittingly, FARO isn’t just an acronym for Frasier and Raab Orthopedics, but a derivative of the ancient Greek word “pharos,” meaning lighthouse — a beacon for people seeking the path forward in both the literal and figurative sense. Today, FARO is proud to continue helping customers see further, realize their vision and successfully navigate through any rough tides that come their way. read more
EMPLOYEE
PARTICIPANTS
23
TOTAL
RATINGS
299
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FARO Technologies CTO Salaries in Bloomington, IL

The average FARO Technologies CTO in Bloomington, IL earns an estimated $193,233 annually. FARO Technologies' CTO compensation is $32,356 less than the US average for a CTO.

In Bloomington, IL, The Engineering Department at FARO Technologies earns $11,522 more on average than the Design Department.

Last updated a year ago.

$61k
$107k
$154k
$200k
$5.20M
$193,233
Average Compensation
$193,233
avg. base

CTO Salaries at FARO Technologies

In Bloomington, IL, CTOs earn $24,673 more than Group Engineering Managers, and $12,084 less than Directors of Engineering.

Director of Engineering
$205k*
Group Engineering Manager
$169k*
Engineering Manager
$160k*
Principal Engineer
$155k*
Lead Engineer
$142k*
Senior Developer
$141k*
Sales Engineer
$138k*
Data Scientist
$135k*
Mobile Developer
$124k*
DevOps
$115k*
Senior QA
$112k*
Developer
$112k*
QA
$85k*
Jr Developer
$81k*
* estimated salary

Compensation at FARO Technologies by Department

In Bloomington, IL, The Engineering Department averages $11,522 more than the Design Department, and $13,517 less than the Product Department

Product
$134,347 Avg. total comp.
+$14k
Engineering
$120,830 Avg. total comp.
Design
$109,308 Avg. total comp.
-$12k

CTO Compensation by Gender (All Companies)

The average female CTO at companies similar size to FARO Technologies reported making $264,500, while the average male CTO at similar sized companies reported making $294,232.

CTO Compensation by Ethnicity (All Companies)

The average Hispanic or Latino CTO at companies similar size to FARO Technologies reported making $420,000, while the average African American/Black CTO at similar sized companies reported making $216,667.

How CTOs at FARO Technologies Rate Their Compensation

The majority of CTOs at FARO Technologies believe they're not compensated fairly. The majority (57%) of CTOs at FARO Technologies are satisfied with their benefits. See more compensation ratings at FARO Technologies

Do you believe you're paid fairly?
43% Yes
43
Does your company give annual bonuses?
0% Yes
0
Are you satisfied with your Benefits?
57% Yes
57

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