Chief Operating Officer (COO) Salary

Average pay for Chief Operating Officers in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($136K). Individual bonuses, profit sharing and commission for Chief Operating Officers — as high as $79K, $50K and $82K, respectively — each contribute to the degree of variation within overall compensation, ranging from $70K to $282K. Career length and the particular city each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. A large number enjoy medical while the larger part get dental coverage. Vision coverage is also available to close to one-half. Most Chief Operating Officers survey respondents are men (73 percent). This overview is based on answers to PayScale's salary questionnaire.
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$69,123 - $231,078
(Median)
$69K
$140K
$230K
MEDIAN: $135,653
10%
50%
90%

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$14.00 - $49.93
(Median)
$14
$22
$50
MEDIAN: $22.00
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
$69,123 - $231,078  
   
Bonus
$1.09 - $79,155  
Profit Sharing
$2,018 - $50,379  
Commission
$0.00 - $82,297  
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).
)
$70,419 - $282,476  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 4,386
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$50$100$150
Hourly Rate
$14.00 - $49.93  
   
Hourly Tips
$2.50  
Overtime
$0.00 - $67.86  
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$100K$200K$300K
Bonus
$1.09 - $79,155  
   
Commission
$0.00 - $82,297  
Profit Sharing
$2,018 - $50,379  
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).
)
$70,419 - $282,476  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 59
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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

  • 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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Chief Operating Officers who go on to become Presidents and COOs may see their salaries climb quite a bit. Median pay for Presidents and COOs is $178K annually. A Chief Executive Officer role is the most common promotion for Chief Operating Officers moving up the ladder, and pay for the position tends to be around the $169K mark. Another typical, albeit less common, transition for Chief Operating Officers is a Non-Profit Organization Chief Operating Officer position, where earnings are usually $90K.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operating Officer (COO)


Chief Operating Officers seem to exploit a large range of skills on the job. Most notably, skills in Business Strategy, Senior Financial Management, Strategic Planning, and Sales Management are correlated to pay that is above average, with boosts between 11 percent and 18 percent. Those listing Accounting as a skill should be prepared for drastically lower pay. Project Management and Human Resources also typically command lower compensation. A tool kit that includes People Management also typically contains Budget Management. It is often found that people who know Operations Management are 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.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Six-figure salaries are not unusual for those just entering the occupation — survey respondents with less than five years' experience under their belts report receiving an average of $101K per year. Chief Operating Officers see a median salary of $153K after reaching one to two decades on the job. 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 $181K.

Pay Difference by Location

National Average: $148,434

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

New York is home to an above-average pay rate for Chief Operating Officers, 35 percent higher than the national average. Chief Operating Officers will also find cushy salaries in San Francisco (+24 percent), Houston (+23 percent), Boston (+20 percent), and Seattle (+19 percent).

Chief Operating Officer (COO) Reviews

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.

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Experience Affects Chief Operating Officer (COO) Salaries



National Average
$148,000



Skills That Affect Chief Operating Officer (COO) Salaries






Team Leadership
up arrow 1%

Operations Management
0%

National Average
$148,000

People Management
up arrow 3%

Budget Management
up arrow 4%







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 631 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
14%
10-19 years
34%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 64%
medical benefits
Vision: 50%
dental benefits
None: 15%
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