Chief Operations Officer (COO) Salary

Six-figure salaries are the norm for Chief Operations Officers in the United States, with median pay hovering around $107K per year. Including potential for bonuses, profit sharing and commission — peaking near $53K, $43K, and $45K, respectively — total cash payment to Chief Operations Officers can bottom out near $52K or top out at around $229K. Residence is the biggest factor affecting pay for this group, followed by experience level. The majority of workers are highly satisfied with their job. Women are just slightly outnumbered, with male Chief Operations Officers making up 59 percent of survey respondents. Unfortunately, some people in this line of work are without benefits — approximately one in four lack coverage. On the flip side, a strong majority have medical insurance and more than half receive dental plans. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$52,892 - $200,885
$53K
$110K
$200K
MEDIAN: $106,619
10%
50%
90%

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$12.16 - $56.90
$12
$24
$57
MEDIAN: $24.27
10%
50%
90%

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$0$228K
Salary $52,892 - $200,885
Bonus $976 - $52,654
Profit Sharing $750 - $42,500
Commission $2,533 - $45,456
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).
)
$51,618 - $228,803
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 727
Hourly Data $0$61
Hourly Rate $12.16 - $56.90
Overtime $-0.50 - $61.61
Annual Data $0$228K
Bonus $976 - $52,654
Commission $2,533 - $45,456
Profit Sharing $750 - $42,500
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).
)
$51,618 - $228,803
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 38

Find Out Exactly What You Should Be Paid

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

  • Direct the day to day operations of the organization.
  • Improve operating procedures to increase profits and/or make the organization more efficient.
  • Implement the strategies set by the Board of Directors and the CEO.

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 $149K per year.

Chief Operations Officer (COO) Job Listings

Popular Skills for Chief Operations Officer (COO)


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Strategic Planning, Operations Management, Team Leadership, and Leadership are correlated to pay that is above average. Skills that pay less than market rate include Human Resources, IT Management, and Project Management. It is often found that people who know Leadership are also skilled in Strategic Planning.

Pay by Experience Level for Chief Operations Officer (COO)

Pay by Experience for a Chief Operations Officer (COO) has a positive trend. An entry-level Chief Operations Officer (COO) with less than 5 years of experience can expect to earn an average total compensation of $79,000 based on 214 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Operations Officer (COO) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $100,000 based on 215 salaries. An experienced Chief Operations Officer (COO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $121,000 based on 320 salaries. A Chief Operations Officer (COO) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $159,000 based on 229 salaries.

Pay Difference by Location

National Average: $111,028

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

Fort Worth is home to an above-average pay rate for Chief Operations Officers, 49 percent higher than the national average. Chief Operations Officers can also look forward to large paychecks in cities like Denver (+44 percent), Philadelphia (+44 percent), Seattle (+35 percent), and Dallas (+35 percent). Chief Operations Officers' salaries are heavily influenced by location — Chief Operations Officers in Kansas City bring in salaries that are 23 percent lower than the national average. Employers also pay below the national average in Nashville (14 percent lower) and Los Angeles (9 percent lower).

Chief Operations Officer (COO) Reviews

Q: What is it like working as a Chief Operations Officer (COO)?

Chief Operations Officer (COO) in Parkersburg:
"Management."
Pros: Getting to be involved in strategic planning.
Cons: Travel.

Related Job Salaries

Key Stats for Chief Operations Officer (COO)

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 119 votes.
Less than 1 year
2%
1-4 years
20%
5-9 years
16%
10-19 years
34%
20 years or more
28%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Operations Officer (COO) Salaries

▲43%

▲9%

National Average
$111,000

▼10%

▼29%

Skills That Affect Chief Operations Officer (COO) Salaries



Team Leadership
▲1%

▼0%

National Average
$111,000







IT Management
▼17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 119 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
2%
1-4 years
20%
5-9 years
16%
10-19 years
34%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 56%
vision benefits
Vision: 47%
no benefits
None: 24%
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