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Chief Operations Officer (COO) Salary

Average pay for a Chief Operations Officer in the United States is considerable, rounding six figures at $111K per year. Cash earnings for Chief Operations Officers — including $52K in bonuses and $46K in profit sharing proceeds near the top of the pay scale — generally stretch from $51K to $228K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by years of experience. Male Chief Operations Officers are more prevalent than women among those who took the survey — 62 percent of professionals. Job satisfaction for Chief Operations Officers is high. A strong majority report receiving medical coverage from their employers and a majority collect dental insurance. This overview is based on answers to PayScale's salary questionnaire.
$52,467 - $195,725
(Median)
52K
75K
100K
150K
200K
MEDIAN: $104,147
10%
25%
50%
75%
90%

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$14.15 - $35.93
(Median)
14
20
26
36
MEDIAN: $19.00
10%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

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
$52,467 - $195,725  
   
Bonus
$203.47 - $52,008  
Profit Sharing
$1,282 - $45,615  
Commission
$0.00 - $41,459  
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).
)
$50,730 - $228,374  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,301
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
$14.15 - $35.93  
   
Overtime
$17.62 - $54.12  
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
$203.47 - $52,008  
   
Commission
$0.00 - $41,459  
Profit Sharing
$1,282 - $45,615  
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).
)
$50,730 - $228,374  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 67
United States (change)

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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Though it's uncommon, some Chief Operations Officers move into roles as Chief Operating Officers, where pay is an average $149K per year.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operations Officer (COO)


Survey results imply that Chief Operations Officers put a diverse skill set to use. Most notably, skills in Leadership, Strategic Planning, Business Development, and Project Management are correlated to pay that is above average, with boosts between 5 percent and 11 percent. Those listing Human Resources as a skill should be prepared for drastically lower pay. IT Management and Sales Management also typically command lower compensation. It is often found that people who know Leadership are also skilled in Strategic Planning.

Pay by Experience Level for Chief Operations Officer (COO)

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Chief Operations Officers, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Survey participants with less than five years' experience pocket $77K on average, but those with five to 10 years of experience enjoy a much bigger median of $99K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $117K. Chief Operations Officers who have spent more than 20 years on the job report earning a significantly higher median of $141K.

Pay Difference by Location


Home to some of the best pay for Chief Operations Officers, San Francisco offers exceptional salaries, 88 percent above the national average. Chief Operations Officers can also look forward to large paychecks in cities like Boston (+50 percent), Washington (+41 percent), Atlanta (+39 percent), and Miami (+31 percent).

Related Job Salaries

Experience Affects Chief Operations Officer (COO) Salaries



National Average
$111,000



Skills That Affect Chief Operations Officer (COO) Salaries




Project Management
up arrow 4%

Operations Management
0%

Corporate Communications
0%

National Average
$111,000

Budget Management
up arrow 3%


IT Management
up arrow 17%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 307 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
2%
1-4 years
15%
5-9 years
16%
10-19 years
36%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 58%
vision benefits Vision: 43% employee benefits None: 20%