Chief Operating Officer (COO) Salary

Chief Operating Officers in the United States can look forward to a sizeable six-figure salary — around $137K per year on average. Including potential for bonuses and profit sharing — peaking near $79K and $59K, respectively — total cash payment to Chief Operating Officers can bottom out near $69K or peak near $282K depending on individual performance. Career length and the particular city each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and the larger part earn dental coverage. Making up 70 percent of those who took the survey, male Chief Operating Officers greatly outnumber their female counterparts. The majority of Chief Operating Officers claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$68,201 - $232,174
$68K
$140K
$230K
MEDIAN: $136,937
10%
50%
90%

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$14.62 - $51.28
$15
$23
$51
MEDIAN: $22.71
10%
50%
90%

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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
$68,201 - $232,174  
   
Bonus
$2,504 - $79,344  
Profit Sharing
$986 - $58,819  
Commission
$195.74 - $69,531  
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).
)
$68,638 - $282,259  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 3,086
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$70$140$210
Hourly Rate
$14.62 - $51.28  
   
Overtime
$10.00 - $200.00  
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$140K$280K$420K
Bonus
$2,504 - $79,344  
   
Commission
$195.74 - $69,531  
Profit Sharing
$986 - $58,819  
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).
)
$68,638 - $282,259  
Country: United States | Currency: USD | Updated: 18 Jan 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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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. 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 $22K and $5K, respectively.

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, Leadership, Team Leadership, and Financial Analysis are correlated to pay that is above average, with boosts between 11 percent and 19 percent. Those listing Accounting as a skill should be prepared for drastically lower pay. Human Resources and Budget Management also typically command lower compensation. Those proficient in Operations Management are, more often than not, also skilled in Strategic Planning, 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.


For many Chief Operating Officers, more experience generally translates to higher pay. The average inexperienced employee pulls down a cushy six-figure sum; the median salary for people claiming fewer than five years of experience is $100K. Chief Operating Officers bring in $156K after working for 10 to 20 years. Chief Operating Officers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $187K on average.

Pay Difference by Location

National Average: $148,152

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

For those looking to make money, Chief Operating Officers in Atlanta enjoy an exceptional pay rate, 32 percent above the national average. Chief Operating Officers will also find cushy salaries in New York (+30 percent), Seattle (+29 percent), Houston (+21 percent), and San Francisco (+21 percent). Trailing the national average by 10 percent, Miami is the market with the smallest paychecks.

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
30 %
Male
70 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 385 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

▲26%

▲5%

National Average
$148,000

▼16%

▼33%

Skills That Affect Chief Operating Officer (COO) Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 385 votes.

Gender

Female
30 %
Male
70 %

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%
dental benefits
None: 16%
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