Chief Operations Officer (COO) Salary

Average pay for Chief Operations Officers in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($105K). In the world of Chief Operations Officers, total cash compensation can vary between $52K and $222K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $52K and $46K, respectively. Geography is the biggest factor affecting pay for this group, followed by career length. Most people who answered the questionnaire are men; 62 percent of Chief Operations Officers are male. While about one in five report receiving no health benefits, a strong majority do receive medical coverage, and the larger part have dental, as well. Job satisfaction for Chief Operations Officers is high. The data in this summary comes from the PayScale salary survey.
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$53,468 - $194,725
(Median)
$53K
$100K
$190K
MEDIAN: $104,619
10%
50%
90%

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$13.85 - $36.08
(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
$53,468 - $194,725  
   
Bonus
$0.00 - $52,140  
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).
)
$51,783 - $222,027  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,338
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
$13.85 - $36.08  
   
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
$0.00 - $52,140  
   
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).
)
$51,783 - $222,027  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 61
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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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Though some Chief Operations Officers move into positions like Chief Operating Officer (where the average salary is $148K), this progression is not the norm.

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. Skills that seem to negatively impact pay include Human Resources and IT Management. The majority of those 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.


Chief Operations Officers generally obtain higher compensation for more plentiful past experience. Workers in their first five years can expect to earn $78K, but people who have been around for five to 10 years earn a noticeably bigger sum of $99K. Six-figure salaries surface after one to two decades on the job — experienced professionals in this group reap a six-figure median of $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 $140K.

Pay Difference by Location


San Francisco is home to an above-average pay rate for Chief Operations Officers, 89 percent higher than the national average. Chief Operations Officers can also look forward to large paychecks in cities like Atlanta (+38 percent), Washington (+36 percent), New York (+34 percent), and Miami (+30 percent). In Portland, salaries are 14 percent below the national average and represent the lowest-paying market.

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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%

Sales Management
0%

National Average
$112,000

Operations Management
up arrow 1%

Budget Management
up arrow 2%

Project Management
up arrow 2%

IT Management
up arrow 18%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 271 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
2%
1-4 years
13%
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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