Chief Operations Officer (COO) Salary

On average, Chief Operations Officers in the United States earn six-figure salaries ($105K) annually, making for a very well-paid profession. In the world of Chief Operations Officers, overall cash earnings stretch from $52K near the bottom to $222K near the top; these packages encompass bonuses that run close to $52K and profit sharing that can (albeit rarely) exceed $45K, along with commissions approaching $61K. Residence is the biggest factor affecting pay for this group, followed by career duration. The majority of workers are highly satisfied with their job. While some workers in this profession — close to one-fifth — do not have any health coverage, a strong majority do receive medical benefits and more than half have dental insurance. The majority of Chief Operations Officers (62 percent) who took the survey are men. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$53,378 - $194,634

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$13.85 - $36.08

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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
$53,378 - $194,634  
   
Bonus
$0.00 - $52,062  
Profit Sharing
$1,260 - $45,302  
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).
)
$51,696 - $222,483  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 1,350
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
$13.85 - $36.08  
   
Overtime
$-0.49 - $52.75  
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 - $52,062  
   
Commission
$0.00 - $60,820  
Profit Sharing
$1,260 - $45,302  
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).
)
$51,696 - $222,483  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 61
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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 $148K per year.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operations Officer (COO)


Survey results show that Chief Operations Officers use a fair number of skills. Most notably, skills in Strategic Planning, Leadership, Business Development, and Corporate Communications are correlated to pay that is above average. Skills that pay less than market rate include 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 who reported more years of relevant experience also reported higher earnings. Relatively untried employees who have less than five years' experience make $78K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $99K. Between one and two decades on the job, average salaries pass the six-figure mark at around $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 $140K.

Pay Difference by Location


For those looking to make money, Chief Operations Officers in San Francisco enjoy an exceptional pay rate, 89 percent above the national average. Chief Operations Officers can also look forward to large paychecks in cities like Washington (+35 percent), Atlanta (+34 percent), New York (+34 percent), and Miami (+30 percent). Portland ranks last in the field for pay, reporting salaries 14 percent below the national average.

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Experience Affects Chief Operations Officer (COO) Salaries



National Average
$112,000



Skills That Affect Chief Operations Officer (COO) Salaries



Business Development
up arrow 3%

Corporate Communications
0%

Sales Management
0%

National Average
$112,000

Operations 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 271 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
2%
1-4 years
13%
5-9 years
16%
10-19 years
35%
20 years or more
33%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 57%
vision benefits Vision: 42% employee benefits None: 21%
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