Chief Operating Officer (COO) Salary

Chief Operating Officers in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $135K) surpassing six figures annually. In the world of Chief Operating Officers, overall cash earnings stretch from $70K near the bottom to $280K near the top; these packages encompass bonuses that run close to $77K and profit sharing that can (albeit rarely) exceed $60K, along with commissions approaching $79K. Experience level is the biggest factor affecting pay for this group, followed by geography. The majority of Chief Operating Officers claim high levels of job satisfaction. Male Chief Operating Officers are more prevalent than women among those who took the survey — 68 percent of professionals. Most report receiving medical coverage from their employers and the greater part collect dental insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$68,465 - $238,082
$68K
$140K
$240K
MEDIAN: $136,013
10%
50%
90%

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$14.89 - $41.22
$15
$23
$41
MEDIAN: $22.84
10%
50%
90%

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$0$281K
Salary $68,465 - $238,082
Bonus $2,494 - $76,626
Profit Sharing $625 - $52,325
Commission $9.79 - $78,297
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).
)
$69,446 - $281,710
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 3,331
Hourly Data $0$69
Hourly Rate $14.89 - $41.22
Overtime $-0.50 - $69.07
Annual Data $0$281K
Bonus $2,494 - $76,626
Commission $9.79 - $78,297
Profit Sharing $625 - $52,325
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).
)
$69,446 - $281,710
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 46

Find Out Exactly What You Should Be Paid

United States (change)

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.

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Chief Operating Officer (COO) Tasks

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

Common Career Paths for Chief Operating Officer (COO)


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Chief Operating Officers who advance into the role of a President and COO are fairly uncommon. Presidents and COOs on average earn $178K per year. Chief Operating Officers most often move into positions as Chief Executive Officers or Presidents; those groups report median salaries that are $23K higher and $6K higher, respectively.

Chief Operating Officer (COO) Job Listings

Popular Skills for Chief Operating Officer (COO)


Chief Operating Officers report using a large range of skills on the job. Most notably, skills in Business Strategy, Team Leadership, Leadership, and Strategic Planning are correlated to pay that is above average, with boosts between 10 percent and 19 percent. Those listing Accounting as a skill should be prepared for drastically lower pay. Budget Management and Human Resources also typically command lower compensation. Most people experienced in Operations Management also know Strategic Planning, Leadership, and Budget Management.

Pay by Experience Level for Chief Operating Officer (COO)

Pay by Experience for a Chief Operating Officer (COO) has a positive trend. An entry-level Chief Operating Officer (COO) with less than 5 years of experience can expect to earn an average total compensation of $101,000 based on 668 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Operating Officer (COO) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $124,000 based on 795 salaries. An experienced Chief Operating Officer (COO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $155,000 based on 1,347 salaries. A Chief Operating Officer (COO) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $185,000 based on 1,152 salaries.

Pay Difference by Location

National Average: $147,695

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

Home to some of the best pay for Chief Operating Officers, New York offers exceptional salaries, 33 percent above the national average. Chief Operating Officers can also look forward to large paychecks in cities like Atlanta (+31 percent), Seattle (+26 percent), Houston (+25 percent), and San Francisco (+24 percent). Those in the field find the lowest salaries in Miami, 4 percent below the national average.

Chief Operating Officer (COO) Reviews

Q: 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

Key Stats for Chief Operating Officer (COO)

Gender

Female
31 %
Male
69 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 481 votes.
Less than 1 year
1%
1-4 years
13%
5-9 years
15%
10-19 years
32%
20 years or more
38%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Operating Officer (COO) Salaries

▲25%

▲5%

National Average
$148,000

▼16%

▼32%

Skills That Affect Chief Operating Officer (COO) Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 481 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
15%
10-19 years
32%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 64%
vision benefits
Vision: 53%
no benefits
None: 16%
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