Chief Operating Officer (COO) Salary

Six-figure salaries are the norm for Chief Operating Officers in the United States, with median pay hovering around $133K per year. In the world of Chief Operating Officers, total cash compensation ranges from $70K on the lower end to $276K on the higher end; this includes bonuses that reach $76K and profit sharing that approaches $50K in rare cases, with some high rollers snagging commissions as high as $83K. Experience level and the particular city each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and a majority collect dental insurance. The majority of Chief Operating Officers claim high levels of job satisfaction. Male Chief Operating Officers are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$68,267 - $228,547
(Median)
$68K
$130K
$230K
MEDIAN: $132,712
10%
50%
90%

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$13.48 - $49.49
(Median)
$13
$23
$49
MEDIAN: $22.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Salary
$68,267 - $228,547  
   
Bonus
$0.84 - $75,565  
Profit Sharing
$2,037 - $50,202  
Commission
$0.00 - $82,668  
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).
)
$69,992 - $276,403  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 3,833
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$13.48 - $49.49  
   
Overtime
$0.00 - $51.78  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$0.84 - $75,565  
   
Commission
$0.00 - $82,668  
Profit Sharing
$2,037 - $50,202  
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).
)
$69,992 - $276,403  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 54
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Job Description for Chief Operating Officer (COO)

The Chief Operating Officer position is one of the top executive offices in any company in which the position is held. Chief Operating Officers are at the top of the chain of command and if they do have to report to anyone, it is usually only the company CEO. Chief Operating Officers hold an extremely high level of responsibility, overseeing nearly every aspect of a company's operations. Another title for this position is often President.

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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)


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For Chief Operating Officers, progressing to a President and COO role may result in a significant raise. On average, a President and COO can earn $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 $167K. Many others choose to work as Chief Operations Officers, where pay is typically $109K.

Chief Operating Officer (COO) Job Listings

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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, Senior Financial Management, and Strategic Planning are correlated to pay that is above average, with boosts in pay of 17 percent. Those listing Accounting as a skill should be prepared for drastically lower pay. Project Management and Human Resources also typically command lower compensation. Those educated in Operations Management tend to be well versed in People Management, Leadership, and Budget Management.

Pay by Experience Level for Chief Operating Officer (COO)

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


Chief Operating Officers with a lot of experience tend to enjoy higher earnings. Even the relatively untested can score weighty six-figure salaries; survey participants with less than five years' experience report earning a median of $101K per year. After working for 10 to 20 years, Chief Operating Officers make a median salary of $152K. People who have worked for more than 20 years report a median income of $178K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


New York offers some of the highest pay in the country for Chief Operating Officers, 36 percent above the national average. Chief Operating Officers will also find cushy salaries in Houston (+26 percent), Minneapolis (+20 percent), Boston (+19 percent), and Washington (+19 percent). Austin ranks last in the field for pay, reporting salaries 2 percent below the national average.

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Experience Affects Chief Operating Officer (COO) Salaries



National Average
$147,000



Skills That Affect Chief Operating Officer (COO) Salaries






Leadership
up arrow 2%

National Average
$147,000

Operations Management
up arrow 2%

Business Development
up arrow 3%







Accounting
up arrow 40%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 636 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
14%
10-19 years
33%
20 years or more
38%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 65%
vision benefits Vision: 49% employee benefits None: 15%
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