Chief Operating Officer (COO) Salary

Chief Operating Officers enjoy a hefty income, with average pay passing six figures ($136K) annually in the United States. Individual bonuses, profit sharing and commission for Chief Operating Officers — as high as $78K, $59K and $68K, respectively — each contribute to the degree of variation within overall compensation, ranging from $70K to $281K. Career length and the particular city each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. A large number report receiving medical coverage from their employers and the larger part collect dental insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.
Read More
$69,091 - $231,992
$69K
$140K
$230K
MEDIAN: $135,910
10%
50%
90%

Add this chart to your site: 640px    300px

$14.79 - $58.72
$15
$23
$59
MEDIAN: $23.10
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
$69,091 - $231,992  
   
Bonus
$2,445 - $77,716  
Profit Sharing
$1,184 - $59,107  
Commission
$-0.49 - $67,871  
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).
)
$69,738 - $280,818  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 3,019
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$60$120$180
Hourly Rate
$14.79 - $58.72  
   
Overtime
$19.39 - $154.56  
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$120K$240K$360K
Bonus
$2,445 - $77,716  
   
Commission
$-0.49 - $67,871  
Profit Sharing
$1,184 - $59,107  
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).
)
$69,738 - $280,818  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 50

Find Out Exactly What You Should Be Paid

United States (change)

Employers: 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

  • 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)


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


Chief Operating Officers do not often transition into President and COO roles. The role averages $178K per year. When Chief Operating Officers are ready for the next step in their careers, they often become Chief Executive Officers or Presidents. Those roles pay an additional $23K and $5K, respectively.

Chief Operating Officer (COO) Job Listings

Search for more jobs:

Popular Skills for Chief Operating Officer (COO)


Survey takers working as Chief Operating Officers report using a large range of professional skills. Most notably, skills in Business Strategy, Team Leadership, Leadership, and Strategic Planning are correlated to pay that is above average, with boosts between 9 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. For most people, competency in Operations Management indicates knowledge of 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: $147,752

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

For Chief Operating Officers, working in the bustling city of New York has its advantages, including an above-average pay rate. Chief Operating Officers will also find cushy salaries in Atlanta (+31 percent), Seattle (+25 percent), Houston (+25 percent), and San Francisco (+24 percent). Miami ranks last in the field for pay, reporting salaries 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 381 votes.
Less than 1 year
1%
1-4 years
14%
5-9 years
16%
10-19 years
31%
20 years or more
38%
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 381 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
1%
1-4 years
14%
5-9 years
16%
10-19 years
31%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 63%
vision benefits
Vision: 52%
no benefits
None: 16%