2. Chief Technology Officer (CTO)

With the plethora of computer systems and associated technologies in businesses today, a Chief Technology Officer (CTO) is considered as one of the key positions in an organization. These professionals work with management, IT team members and external partners to make certain that the IT infrastructure and digital assets are working efficiently and effectively. They are the final authority or arbiter of IT management in a corporate house and are also responsible for advising corporate leadership about the need for timely investments in IT.

The CTO is generally responsible for putting together strategies related to technology within an organization. The technology in any given industry is transforming at a dizzying pace and CTOs need to have an eye on the latest technological trends shaping their industry in order to make superior choices on which platforms and systems can opt for or invest in. They are also responsible for determining what new technologies to leverage in order to enhance a company's products and/or services.

CTOs generally bag in a median wage that is roughly around 6.02 lakh to 58.39 lakh, said a report on the PayScale website.

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