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Vice President, Chief Operating Officer (COO) Salary

Chief Operating Officers in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $136K) surpassing six figures annually. In the world of Chief Operating Officers, overall cash allowance can occasionally include more than $70K from bonuses and, in some exceptional cases, $63K from profit sharing, causing incomes to vary widely between $77K and $264K. Location and years of experience each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. There are far more male Chief Operating Officers survey respondents than women, making up 81 percent. A large number enjoy medical while the larger part get dental coverage. Vision coverage is also available to a little more than half. This overview is based on answers to PayScale's salary questionnaire.

$71,655 - $216,914
(Median)
$72K
$140K
$220K
MEDIAN: $136,145
10%
50%
90%

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$20.27 - $59.67
(Median)
$20
$35
$60
MEDIAN: $35.00
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$90K$180K$270K
Salary
$71,655 - $216,914  
   
Bonus
$515 - $70,302  
Profit Sharing
$3,027 - $63,023  
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).
)
$77,368 - $263,766  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 699
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
$20.27 - $59.67  
   
Overtime
$0.00 - $57.79  
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
$515 - $70,302  
   
Profit Sharing
$3,027 - $63,023  
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).
)
$77,368 - $263,766  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 11

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United States (change)


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Job Description for Vice President, Chief Operating Officer (COO)

Most companies comprise a wide range of operating groups pursuing different organizational goals. The chief operating officer (COO) - who may also be a vice president - is a top-level executive who helps ensure the success of all of these operations. They perform a number of tasks such as making high-level business decisions, supervising groups of managers, and coordinating all of the organization's operations to maximize profitability. They also make presentations to employees, as well as to the chief executive officer and the organization's board. Chief operating officers typically work in a business setting during regular business hours, although overtime may be required for emerging issues and deadlines. They generally report to the chief executive officer.

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Vice President, Chief Operating Officer (COO) Tasks

  • Identify growth and market opportunities.
  • Direct, coordinate and evaluate operational teams and product implementation.
  • Execute operational strategies to deliver products or services and provide leadership and guidance.
  • Manage overall budget and financial policies, and oversee specific reports and forecasts.

Common Career Paths for Vice President, Chief Operating Officer (COO)


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Many Chief Operating Officers move into a President and CEO role, which does not lead to a big boost in pay. President and CEOs on average bring in a similar salary to Chief Operating Officers.

Vice President, Chief Operating Officer (COO) Job Listings

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Popular Skills for Vice President, Chief Operating Officer (COO)


Chief Operating Officers report using a deep pool of skills on the job. Most notably, skills in Strategic Planning, Sales Management, Project Management, and Operations Management are correlated to pay that is above average, with boosts between 4 percent and 18 percent. Those listing Network Management / Administration as a skill should be prepared for drastically lower pay. Telecommunications and People Management also typically command lower compensation. For most people, competency in Microsoft Excel indicates knowledge of Operations Management and Sales Management.

Pay by Experience Level for Vice President, Chief Operating Officer (COO)

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


Experience seems to be a major factor in determining the incomes of Chief Operating Officers. Large paychecks, which sit comfortably in the six-figure range, are handed out almost immediately; professionals who have less than five years' experience report earning a median of $110K per year. The average pay reported by folks with 10 to 20 years of experience is around $160K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $172K.

Related Job Salaries

United States (change)

Experience Affects Vice President, Chief Operating Officer (COO) Salaries



National Average
$152,000



Skills That Affect Vice President, Chief Operating Officer (COO) Salaries

Strategic Planning
up arrow 18%


Project Management
up arrow 4%

Operations Management
up arrow 1%

Business Strategy
0%

National Average
$152,000

Business Development
up arrow 3%



Budget Management
up arrow 11%


Windows NT / 2000 / XP Networking
up arrow 12%


People Management
up arrow 14%

Telecommunications
up arrow 16%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 150 votes.

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
1%
1-4 years
8%
5-9 years
13%
10-19 years
37%
20 years or more
42%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 68%
vision benefits Vision: 53% employee benefits None: 12%
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