Chief Operations Officer (COO) Salary

Six-figure salaries are the norm for Chief Operations Officers in the United States, with median pay hovering around $105K per year. The final incomes of Chief Operations Officers generally vary between $52K and $225K; higher pay grades include potential for bonuses, profit sharing, and commissions as high as $51K, $45K, and $61K, respectively. Residence is the biggest factor affecting pay for this group, followed by tenure. Job satisfaction for Chief Operations Officers is high. Men make up the majority of Chief Operations Officers (62 percent) survey respondents. While just over one in five report receiving no health benefits, a strong majority do receive medical coverage, and more than half have dental, as well. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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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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While not commonly seen, Chief Operations Officers who transition into a Chief Operating Officer position may see a rise in pay. The median salary for Chief Operating Officers is $148K per year.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operations Officer (COO)


Survey participants wield an impressively varied skill set 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 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.


Experience is an important factor influencing the compensation of Chief Operations Officers. Survey participants with less than five years' experience pocket $80K on average, but those with five to 10 years of experience enjoy a much bigger median of $98K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $119K. Chief Operations Officers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $143K.

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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