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. In the world of Chief Operations Officers, overall cash earnings stretch from $51K near the bottom to $231K 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 $45K. Location is the biggest factor affecting pay for this group, followed by career length. While some workers in this profession — just under a fourth — do not have any health coverage, a strong majority do receive medical benefits and slightly more than half have dental insurance. Chief Operations Officers who participated in the survey are largely men, dominating at 61 percent. Job satisfaction is high and work is enjoyable for most Chief Operations Officers. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$51,288 - $200,364
$51K
$110K
$200K
MEDIAN: $105,153
10%
50%
90%

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$11.88 - $49.32
$12
$24
$49
MEDIAN: $24.00
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
$51,288 - $200,364  
   
Bonus
$1,001 - $52,217  
Profit Sharing
$500 - $45,000  
Commission
$2,552 - $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).
)
$50,670 - $230,797  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 736
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
$11.88 - $49.32  
   
Overtime
$-0.50 - $61.61  
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
$1,001 - $52,217  
   
Commission
$2,552 - $45,302  
Profit Sharing
$500 - $45,000  
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).
)
$50,670 - $230,797  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 31

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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 Chief Operations Officers do not often become Chief Operating Officers, the job pays $149K per year on average.

Chief Operating Officer (COO) Job Listings

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Popular Skills for Chief Operations Officer (COO)


Survey takers working as Chief Operations Officers report using a large range of professional skills. Most notably, skills in Strategic Planning, Operations Management, Team Leadership, and Leadership are correlated to pay that is above average, with boosts between 3 percent and 11 percent. Skills that are correlated to lower pay, on the other hand, include Human Resources, IT Management, and Project Management. Most people skilled in Leadership are similarly competent 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: $108,646

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

Chief Operations Officers will find that Fort Worth offers an impressive pay rate, one which exceeds the national average by 52 percent. Chief Operations Officers can also look forward to large paychecks in cities like Denver (+48 percent), Philadelphia (+47 percent), Seattle (+38 percent), and Dallas (+38 percent). Place of residence plays a huge part in a Chief Operations Officer's salary, with Kansas City Chief Operations Officers earning salaries that are 22 percent less than the national average. Employers pay around 13 percent less in Nashville and 7 percent less in Los Angeles, below-median salaries for those in this field.

Related Job Salaries

Key Stats for Chief Operations Officer (COO)

Gender

Female
39 %
Male
61 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 102 votes.
Less than 1 year
2%
1-4 years
20%
5-9 years
17%
10-19 years
31%
20 years or more
30%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Operations Officer (COO) Salaries

▲46%

▲11%

National Average
$109,000

▼8%

▼28%

Skills That Affect Chief Operations Officer (COO) Salaries



Team Leadership
▲3%

▲2%

National Average
$109,000






IT Management
▼15%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 102 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
2%
1-4 years
20%
5-9 years
17%
10-19 years
31%
20 years or more
30%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 53%
vision benefits
Vision: 47%
no benefits
None: 23%