Chief Operations Officer (COO) Salary

Salaries 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 bottoms out near $52K and approaches $222K on the high end; the biggest paychecks include approximately $52K from bonuses and almost $46K from profit sharing. Residence and career length each impact pay for this group, with the former having the largest influence. Most Chief Operations Officers report high levels of job satisfaction. Men account for the majority of Chief Operations Officers who responded to the questionnaire — 62 percent to be exact. Although about a fifth lack health benefits of any kind, a fair number do enjoy medical insurance, and the greater part get dental coverage, too. This report is based on responses to the PayScale salary survey.
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$53,274 - $194,617
(Median)
$53K
$100K
$190K
MEDIAN: $104,620
10%
50%
90%

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$13.96 - $35.91
(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
$53,274 - $194,617  
   
Bonus
$0.46 - $52,036  
Profit Sharing
$1,248 - $45,509  
Commission
$0.00 - $60,402  
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).
)
$51,682 - $221,731  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 1,342
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
$13.96 - $35.91  
   
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
$0.46 - $52,036  
   
Commission
$0.00 - $60,402  
Profit Sharing
$1,248 - $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).
)
$51,682 - $221,731  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | 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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Chief Operations Officers often transition into Chief Operating Officer positions, for which compensation tends to be much higher. On average, Chief Operating Officers earn $149K per year.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operations Officer (COO)


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Strategic Planning, Leadership, Business Development, and Corporate Communications are correlated to pay that is above average, with boosts between 4 percent and 10 percent. At the other end of the pay range are skills like Human Resources and IT Management. For most people, competency in Leadership indicates knowledge of 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 with a lot of experience tend to enjoy higher earnings. The average worker who claims fewer than five years of experience earns around $77K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $99K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $118K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $140K.

Pay Difference by Location


Surpassing the national average by 90 percent, Chief Operations Officers in San Francisco receive some of the highest pay in the country. Chief Operations Officers will also find cushy salaries in Atlanta (+38 percent), Washington (+36 percent), New York (+34 percent), and Miami (+30 percent). Those in the field find the lowest salaries in San Diego, 14 percent below the national average.

Related Job Salaries

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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 4%

Corporate Communications
0%

National Average
$112,000

Operations Management
up arrow 1%

Sales Management
up arrow 1%

Project Management
up arrow 2%

Budget Management
up arrow 3%

IT Management
up arrow 18%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 273 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
2%
1-4 years
14%
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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