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Chief Operations Officer (COO) Salary

Chief Operations Officers in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $105K) surpassing six figures annually. In the world of Chief Operations Officers, overall income ranges from $52K near the bottom to $226K at the top; this can include more than $55K from bonuses and more than $46K from profit sharing in exceptional cases. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Roughly a fifth of professionals in this line of work do not receive benefits; however, a fair number report medical coverage and the greater part claim dental coverage as well. Men account for the majority of Chief Operations Officers who responded to the questionnaire — 62 percent to be exact. Most workers in this position report high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.
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$53,511 - $195,812
(Median)
$54K
$100K
$200K
MEDIAN: $104,760
10%
50%
90%

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$14.02 - $35.81
(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
$53,511 - $195,812  
   
Bonus
$0.79 - $54,541  
Profit Sharing
$1,200 - $45,509  
Commission
$0.00 - $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).
)
$51,717 - $225,616  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 1,339
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
$14.02 - $35.81  
   
Overtime
$-0.49 - $52.75  
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
$0.79 - $54,541  
   
Commission
$0.00 - $61,277  
Profit Sharing
$1,200 - $45,509  
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).
)
$51,717 - $225,616  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 66

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United States (change)


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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 who move on to become Chief Operating Officers may enjoy significant pay raises, as Chief Operating Officers get paid an average of $149K per year.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operations Officer (COO)


Chief Operations Officers report using a wide range of professional skills. Most notably, skills in Strategic Planning, Leadership, Business Development, and Corporate Communications are correlated to pay that is above average, with boosts between 5 percent and 10 percent. Skills that are correlated to lower pay, on the other hand, include Human Resources and IT Management. Most people familiar with 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. Workers in their first five years can expect to earn $78K, but people who have been around for five to 10 years earn a noticeably bigger sum of $99K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $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 $140K on average.

Pay Difference by Location


For Chief Operations Officers, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Chief Operations Officers will also find cushy salaries in New York (+41 percent), Washington (+41 percent), Atlanta (+36 percent), and Miami (+31 percent). Portland ranks last in the field for pay, reporting salaries 12 percent below the national average.

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




Corporate Communications
0%

Sales Management
0%

National Average
$112,000

Operations Management
up arrow 1%

Project Management
up arrow 1%

Budget Management
up arrow 2%

IT Management
up arrow 17%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 282 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
2%
1-4 years
14%
5-9 years
17%
10-19 years
35%
20 years or more
33%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 58%
vision benefits Vision: 42% employee benefits None: 21%
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