Average pay for Chief Operating Officers in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($136K). Total cash earnings of Chief Operating Officers range from $68K on the low end to $280K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $78K and $51K, respectively. 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 a majority earn dental coverage. Most Chief Operating Officers survey respondents are men (70 percent). Job satisfaction is reported as high by the vast majority of workers. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$67,532 - $228,746
(Median)
$68K
$140K
$230K
MEDIAN: $135,847
10%
50%
90%

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$14.37 - $57.81
(Median)
$14
$23
$58
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
$67,532 - $228,746  
   
Bonus
$2,076 - $78,116  
Profit Sharing
$9.79 - $50,566  
Commission
$204.26 - $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).
)
$68,242 - $279,671  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 3,010
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$90$180$270
Hourly Rate
$14.37 - $57.81  
   
Overtime
$20.11 - $248.32  
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$180K$360K$540K
Bonus
$2,076 - $78,116  
   
Commission
$204.26 - $67,871  
Profit Sharing
$9.79 - $50,566  
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).
)
$68,242 - $279,671  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 43
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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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There are some Chief Operating Officers — though it's uncommon — that transition into Presidents and COOs, where earnings are an average $178K annually. Chief Operating Officers most often move into positions as Chief Executive Officers or Presidents; those groups report median salaries that are $22K higher and $5K higher, respectively.

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Popular Skills for Chief Operating Officer (COO)


Survey results imply that Chief Operating Officers deploy a deep pool of skills on the job. Most notably, skills in Business Strategy, Team Leadership, Leadership, and Financial Analysis are correlated to pay that is above average, with boosts between 13 percent and 17 percent. Those listing Accounting as a skill should be prepared for drastically lower pay. Human Resources and Budget Management also typically command lower compensation. Most people skilled in Operations Management are similarly competent 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. Whereas the median salary for inexperienced employees is approximately $100K, incomes in the five-to-10 year group are significantly higher, averaging to the comfortable six-figure sum of $124K. For Chief Operating Officers, 10 to 20 years of experience on the job amounts to an average salary of $153K. Chief Operating Officers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $185K.

Pay Difference by Location

National Average: $147,585

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

Home to some of the best pay for Chief Operating Officers, New York offers exceptional salaries, 30 percent above the national average. Chief Operating Officers will also find cushy salaries in San Francisco (+24 percent), Seattle (+23 percent), Houston (+22 percent), and Washington (+20 percent). In Miami, salaries are 4 percent below the national average and represent the lowest-paying market.

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




Financial Analysis
up arrow 4%

Sales Management
up arrow 3%

Organizational Development
up arrow 3%

Strategic Planning
up arrow 2%

National Average
$148,000

Operations Management
up arrow 1%








Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 372 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
1%
1-4 years
14%
5-9 years
15%
10-19 years
31%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 62%
medical benefits
Vision: 51%
dental benefits
None: 16%
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