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Chief Operations Officer (COO) Salary

Chief Operations Officers in the United States can look forward to a sizeable six-figure salary — around $105K per year on average. Total cash compensation to Chief Operations Officers bottoms out near $52K and approaches $222K on the high end; the biggest paychecks include approximately $52K from bonuses and almost $45K from profit sharing. Geographic location and career duration each impact pay for this group, with the former having the largest influence. Most Chief Operations Officers report high levels of job satisfaction. Men account for the majority of Chief Operations Officers who responded to the questionnaire — 62 percent to be exact. A fair number enjoy medical while more than half get dental coverage. Vision coverage is also available to more than two-fifths. The numbers in this rundown were provided by PayScale's salary survey participants.
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$53,431 - $195,921
(Median)
$53K
$110K
$200K
MEDIAN: $105,471
10%
50%
90%

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$14.11 - $36.31
(Median)
$14
$20
$36
MEDIAN: $19.00
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$80K$160K$240K
Salary
$53,431 - $195,921  
   
Bonus
$-0.38 - $51,792  
Profit Sharing
$1,188 - $44,799  
Commission
$0.00 - $60,820  
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).
)
$51,557 - $222,271  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,342
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
$14.11 - $36.31  
   
Overtime
$17.45 - $54.31  
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
$-0.38 - $51,792  
   
Commission
$0.00 - $60,820  
Profit Sharing
$1,188 - $44,799  
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).
)
$51,557 - $222,271  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 69

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Job Description for Chief Operations Officer (COO)

Chief operations officers (COO) are in charge of planning and overseeing all the company operations and projects. They are responsible for creating operation strategies to increase profitability of their organization, and they actively participate in corporate efforts to increase brand loyalty. They work closely with the chief financial officer to create transparency in expenses and financial reports. COOs also implement new marketing initiatives and measure their effectiveness, as well as create company-wide policies to boost productivity. They also help develop or guide internal training programs for new products or services.

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Chief Operations 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 Operations Officer (COO)


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Chief Operations Officers often transition into Chief Operating Officer positions, for which compensation tends to be much higher. On average, Chief Operating Officers earn $149K per year.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operations Officer (COO)


Chief Operations Officers generally report applying a varied skill set to their work. Most notably, skills in Leadership, Strategic Planning, Business Development, and Sales Management are correlated to pay that is above average, with boosts between 4 percent and 9 percent. At the other end of the pay range are skills like Human Resources and IT Management. The majority of those who know Leadership also know Strategic Planning.

Pay by Experience Level for Chief Operations Officer (COO)

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


Chief Operations Officers generally obtain higher compensation for more plentiful past experience. The average beginner in this position makes around $77K, but folks who have been around for five to 10 years see a markedly higher median salary of $98K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $119K. 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 $143K.

Pay Difference by Location


San Francisco is home to an above-average pay rate for Chief Operations Officers, 86 percent higher than the national average. Chief Operations Officers will also find cushy salaries in Boston (+49 percent), Atlanta (+36 percent), New York (+34 percent), and Washington (+34 percent). The smallest paychecks in the market, 18 percent south of the national average, can be found in San Diego.

Related Job Salaries

United States (change)

Experience Affects Chief Operations Officer (COO) Salaries



National Average
$112,000



Skills That Affect Chief Operations Officer (COO) Salaries



Business Development
up arrow 4%

National Average
$112,000

Operations Management
up arrow 1%

Corporate Communications
up arrow 1%

Sales Management
up arrow 1%

Budget Management
up arrow 2%

Project Management
up arrow 2%

IT Management
up arrow 18%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 306 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
2%
1-4 years
14%
5-9 years
16%
10-19 years
35%
20 years or more
33%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 59%
vision benefits Vision: 43% employee benefits None: 20%