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Chief Operating Officer (COO) Salary

Chief Operating Officers in the United States see excellent average salaries — about $134K annually. Cash earnings for Chief Operating Officers — which occasionally include more than $78K from bonuses and more than $50K from profit sharing — stretch from around $70K to approximately $281K. Experience level is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and more than half earn dental coverage. Generally, women make up less than a third of all Chief Operating Officers who answered the questionnnaire. The majority of workers are highly satisfied with their job. The data in this summary comes from the PayScale salary survey.
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$68,581 - $230,214
(Median)
$69K
$130K
$230K
MEDIAN: $133,713
10%
50%
90%

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$13.30 - $48.98
(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
$68,581 - $230,214  
   
Bonus
$484.79 - $77,945  
Profit Sharing
$2,057 - $50,469  
Commission
$0.00 - $85,367  
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).
)
$70,343 - $280,811  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 3,844
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
$13.30 - $48.98  
   
Overtime
$0.00 - $52.50  
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
$484.79 - $77,945  
   
Commission
$0.00 - $85,367  
Profit Sharing
$2,057 - $50,469  
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).
)
$70,343 - $280,811  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 52

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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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At the upper end, Chief Operating Officers who move into a President and COO role can end up with a hefty increase in pay. The average income for Presidents and COOs is a much higher $178K per year. With an annual salary of $168K, Chief Executive Officer is the most common role for Chief Operating Officers to subsequently assume on their way up the ladder. Transitioning into a Chief Operations Officer role — which usually pays $110K — is also typical for Chief Operating Officers, though less common by comparison.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operating Officer (COO)


Chief Operating Officers seem to wield many skills on the job. Most notably, skills in Team Leadership, Business Strategy, Senior Financial Management, and Strategic Planning are correlated to pay that is above average, with boosts in pay of 19 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, Budget Management, and Leadership.

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. The average inexperienced employee pulls down a cushy six-figure sum; the median salary for people claiming fewer than five years of experience is $103K. For Chief Operating Officers, 10 to 20 years of experience on the job amounts to an average salary of $152K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $178K.

Pay Difference by Location


Home to some of the best pay for Chief Operating Officers, New York offers exceptional salaries, 35 percent above the national average. Chief Operating Officers can also look forward to large paychecks in cities like Boston (+33 percent), Houston (+27 percent), Minneapolis (+21 percent), and Washington (+18 percent). Falling short of the national average by 5 percent, the area with the worst salaries is Austin.

Related Job Salaries

United States (change)

Experience Affects Chief Operating Officer (COO) Salaries



National Average
$148,000



Skills That Affect Chief Operating Officer (COO) Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 717 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
14%
10-19 years
34%
20 years or more
39%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 66%
vision benefits Vision: 49% employee benefits None: 14%