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 $139K) surpassing six figures annually. In the world of Chief Operating Officers, overall cash allowance can occasionally include more than $71K from bonuses and, in some exceptional cases, $57K from profit sharing, causing incomes to vary widely between $78K and $260K. Geography is the biggest factor affecting pay for this group, followed by career duration. Work is enjoyable for Chief Operating Officers, who typically claim high levels of job satisfaction. Male Chief Operating Officers far outnumber their female contemporaries among those who completed the questionnaire. Most enjoy medical while a majority get dental coverage. Vision coverage is also available to a little over a half. This snapshot results from replies to PayScale's salary survey.

$73,261 - $215,670

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$20.43 - $59.21

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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$90K$180K$270K
Salary
$73,261 - $215,670  
   
Bonus
$494.93 - $71,387  
Profit Sharing
$2,973 - $57,148  
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).
)
$78,490 - $259,970  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 693
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
$20.43 - $59.21  
   
Overtime
$0.00 - $57.79  
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
$494.93 - $71,387  
   
Profit Sharing
$2,973 - $57,148  
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).
)
$78,490 - $259,970  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 12
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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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For Chief Operating Officers, career advancements do not tend to correlate with a rise in salary. On average, lower-level Chief Operating Officers earn similar salaries to those in higher-end positions like President and CEO.

Vice President, Chief Operating Officer (COO) Job Listings

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


Chief Operating Officers seem to wield many skills on the job. Most notably, facility with Strategic Planning and Sales Management are correlated to pay that is significantly above average, leading to increases of 25 percent and 6 percent, respectively. Those listing Network Management / Administration as a skill should be prepared for drastically lower pay. Budget Management and People Management also typically command lower compensation. Most people experienced in Microsoft Excel also know 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.


Chief Operating Officers with a rich background of experience are typically rewarded with larger paychecks. Even the relatively untested can earn a lot; individuals who have been working for fewer than five years report a median six-figure salary of $114K per year. Chief Operating Officers see a median salary of $162K after reaching one to two decades on the job. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $174K.

Pay Difference by Location


For Chief Operating Officers, working in the bustling city of Denver has its advantages, including an above-average pay rate. Chief Operating Officers can also look forward to large paychecks in cities like Dallas (+33 percent), New York (+31 percent), San Francisco (+29 percent), and Austin (+18 percent). Atlanta is home to the smallest salaries in the field, lagging the national average by 15 percent. A couple other locations with smaller-than-average paychecks include Chicago (9 percent lower) and Miami (2 percent lower).

Related Job Salaries

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



National Average
$154,000



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

Strategic Planning
up arrow 25%


Project Management
up arrow 3%

Operations Management
up arrow 1%

National Average
$154,000

Business Strategy
up arrow 1%

Business Development
up arrow 4%


Telecommunications
up arrow 7%




Windows NT / 2000 / XP Networking
up arrow 13%

People Management
up arrow 15%

Budget Management
up arrow 15%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 137 votes.

Gender

Female
20 %
Male
80 %

Years of Experience

Less than 1 year
1%
1-4 years
7%
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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