Chief Operating Officer (COO) Salary

Chief Operating Officers in the United States see excellent average salaries — about $135K annually. Total cash incomes of Chief Operating Officers run from $70K to $282K, depending on bonuses that can occasionally exceed $77K, profit sharing that reaches $60K, and some commissions of nearly $77K. Career duration is the biggest factor affecting pay for this group, followed by geography. Men make up the majority of Chief Operating Officers (69 percent) survey respondents. Most Chief Operating Officers report high levels of job satisfaction. Most enjoy medical while the larger part get dental coverage. Vision coverage is also available to a little over a half. The numbers in this rundown were provided by PayScale's salary survey participants.
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$68,576 - $233,593
$69K
$140K
$230K
MEDIAN: $135,190
10%
50%
90%

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$15.48 - $50.68
$15
$23
$51
MEDIAN: $23.23
10%
50%
90%

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$0$281K
Salary $68,576 - $233,593
Bonus $2,058 - $77,327
Profit Sharing $962 - $60,470
Commission $-0.49 - $77,261
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).
)
$69,597 - $281,885
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 3,194
Hourly Data $0$153
Hourly Rate $15.48 - $50.68
Overtime $19.57 - $153.19
Annual Data $0$281K
Bonus $2,058 - $77,327
Commission $-0.49 - $77,261
Profit Sharing $962 - $60,470
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).
)
$69,597 - $281,885
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 47

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United States (change)

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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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Though not the most common occurrence, Chief Operating Officers sometimes become Presidents and COOs, where the average income is $178K per year. Career advancement for the typical Chief Operating Officer often leads to becoming a Chief Executive Officer or a President; median salaries in these positions are $23K higher and $6K higher, respectively.

Chief Operating Officer (COO) Job Listings

Popular Skills for Chief Operating Officer (COO)


Chief Operating Officers seem to wield many 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. The majority of those who know 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: $147,117

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

For Chief Operating Officers, New York provides a pay rate that is 33 percent greater than 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). Miami ranks last in the field for pay, reporting salaries 3 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 441 votes.
Less than 1 year
1%
1-4 years
14%
5-9 years
15%
10-19 years
32%
20 years or more
39%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Operating Officer (COO) Salaries

▲26%

▲6%

National Average
$147,000

▼16%

▼31%

Skills That Affect Chief Operating Officer (COO) Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 441 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
1%
1-4 years
14%
5-9 years
15%
10-19 years
32%
20 years or more
39%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 62%
vision benefits
Vision: 52%
no benefits
None: 17%
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