Chief Operations Officer (COO) Salary

Wages for Chief Operations Officers in the United States are generous, with average pay above six figures ($105K) per year. Total cash compensation to Chief Operations Officers approaches anywhere from $52K on the lower end to $225K on the higher end; in exceptional cases, this can include more than $51K from bonuses and upwards of $45K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by tenure. While some workers in this profession — just over one in five — do not have any health coverage, a strong majority do receive medical benefits and the larger part have dental insurance. Work is enjoyable for Chief Operations Officers, who typically claim high levels of job satisfaction. Male Chief Operations Officers are more prevalent than women among those who took the survey — 62 percent of professionals. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$54,118 - $196,751
(Median)
$54K
$110K
$200K
MEDIAN: $105,339
10%
50%
90%

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$12.33 - $37.48
(Median)
$12
$20
$37
MEDIAN: $19.00
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$80K$160K$240K
Salary
$54,118 - $196,751  
   
Bonus
$0.00 - $51,421  
Profit Sharing
$1,174 - $45,100  
Commission
$777 - $61,277  
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).
)
$52,045 - $225,151  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,417
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
$12.33 - $37.48  
   
Overtime
$0.00 - $53.72  
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
$0.00 - $51,421  
   
Commission
$777 - $61,277  
Profit Sharing
$1,174 - $45,100  
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).
)
$52,045 - $225,151  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 64
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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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Advancing into a Chief Operating Officer role seems to be a popular career move for Chief Operations Officers, and folks who currently work in the latter position report a notably larger median income of $148K per year.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operations Officer (COO)


Chief Operations Officers seem to wield many skills on the job. Most notably, skills in Leadership, Strategic Planning, Business Development, and Team Leadership are correlated to pay that is above average. Skills that pay less than market rate include Human Resources, IT Management, and Project Management. Most people experienced in 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 who reported more years of relevant experience also reported higher earnings. Although individuals who have less than five years' experience earn $80K on average, people with five to 10 years benefit from a notably larger average of $98K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $119K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $143K on average.

Pay Difference by Location

National Average: $113,099

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

For Chief Operations Officers, San Francisco provides a pay rate that is 88 percent greater than the national average. Chief Operations Officers can also look forward to large paychecks in cities like Salt Lake City (+28 percent), Chicago (+24 percent), Washington (+24 percent), and Miami (+23 percent).

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Experience Affects Chief Operations Officer (COO) Salaries



National Average
$113,000



Skills That Affect Chief Operations Officer (COO) Salaries



Business Development
up arrow 1%

National Average
$113,000

Team Leadership
up arrow 1%

Operations Management
up arrow 2%

Corporate Communications
up arrow 2%

Sales Management
up arrow 2%

Budget Management
up arrow 3%


IT Management
up arrow 19%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 255 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
2%
1-4 years
14%
5-9 years
15%
10-19 years
36%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 56%
medical benefits
Vision: 44%
dental benefits
None: 22%
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