Chief Operating Officer (COO) Salary

Chief Operating Officers in the United States can look forward to a sizeable six-figure salary — around $136K per year on average. Total cash earnings of Chief Operating Officers range from $70K on the low end to $282K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $79K and $50K, respectively. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Generally, women make up less than a third of all Chief Operating Officers who answered the questionnnaire. A large number report receiving medical coverage from their employers and the larger part collect dental insurance. Most Chief Operating Officers report high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.
Read More
$69,123 - $231,078
(Median)
$69K
$140K
$230K
MEDIAN: $135,653
10%
50%
90%

Add this chart to your site: 640px    300px

$14.00 - $49.93
(Median)
$14
$22
$50
MEDIAN: $22.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Salary
$69,123 - $231,078  
   
Bonus
$1.09 - $79,155  
Profit Sharing
$2,018 - $50,379  
Commission
$0.00 - $82,297  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$70,419 - $282,476  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 4,386
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$14.00 - $49.93  
   
Hourly Tips
$2.50  
Overtime
$0.00 - $67.86  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$1.09 - $79,155  
   
Commission
$0.00 - $82,297  
Profit Sharing
$2,018 - $50,379  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$70,419 - $282,476  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 59
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Chief Operating Officer (COO)

A chief operating officer (COO) is usually the second-highest ranking executive in a corporation. The chief operating officer is in charge of executing daily operations for the company, and is second in responsibility only to the chief executive officer (CEO). The COO's job is to help set standards for the company and work with directors and middle managers to ensure that processes, training, and quality of output of goods and services reflect these standards. They may receive constant data-based reports and overviews which include snapshots of revenues, efficiency, and even waste that can be acted upon to improve the company's performance.

Read More...

Chief Operating Officer (COO) Tasks

  • Implement the strategies set by the Board of Directors and the CEO.
  • Improve operating procedures to increase profits and/or make the organization more efficient.
  • Direct the day to day operations of the organization.

Common Career Paths for Chief Operating Officer (COO)


Add this chart to your site:   640px 640px    300px 300px


Chief Operating Officers may progress into high-paying roles like President and COO, where median compensation is $178K annually. Going from Chief Operating Officer to Chief Executive Officer is the transition that occurs most often in this field, where the paychecks are $169K. Many others choose to work as Non-Profit Organization Chief Operating Officers, where pay is typically $90K.

Chief Operating Officer (COO) Job Listings

Search for more jobs:

Popular Skills for Chief Operating Officer (COO)


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Business Strategy, Senior Financial Management, Strategic Planning, and Sales Management are correlated to pay that is above average, with boosts between 11 percent and 18 percent. Those listing Accounting as a skill should be prepared for drastically lower pay. Project Management and Human Resources also typically command lower compensation. Most people who know Operations Management also know Strategic Planning, Leadership, and Budget Management. Most people familiar with People Management also know Budget Management.

Pay by Experience Level for Chief Operating Officer (COO)

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. New workers enjoy hefty six-figure paychecks when they take on this position — $101K per year is the median for people who claim less than five years' experience. People with 10 to 20 years of experience make an average of about $153K in this role. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $181K on average.

Pay Difference by Location

National Average: $148,434

Larger city markers indicate a job is popular in that location.

With a pay rate for Chief Operating Officers that is 35 percent greater than the national average, New York offers a comfortable salary for those in this profession. Chief Operating Officers will also find cushy salaries in San Francisco (+24 percent), Houston (+23 percent), Boston (+20 percent), and Seattle (+19 percent).

Chief Operating Officer (COO) Reviews

What is it like working as a Chief Operating Officer (COO)?

Chief Operating Officer (COO) in New York:
"COO at New York Based Startup."
Pros: I enjoy being able to create something new from the ground up. The environment is exciting and my colleagues and staff are amazing.
Cons: If you've never done it, developing an app can be very stressful and disorganized. The debugging process takes a long time and communication is an issue, especially if you outsource development overseas. It's best to have a part time developer or intern in house to make sure everything goes smoothly with the development company. They will be able to tell you if something isn't right with the process.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Chief Operating Officer (COO) Salaries



National Average
$148,000



Skills That Affect Chief Operating Officer (COO) Salaries






Team Leadership
up arrow 1%

Operations Management
0%

National Average
$148,000

People Management
up arrow 3%

Budget Management
up arrow 4%







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 631 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
14%
10-19 years
34%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 64%
medical benefits
Vision: 50%
dental benefits
None: 15%
ADVERTISEMENT