Vice President, Chief Operating Officer (COO) Salary

Chief Operating Officers in the United States can look forward to a sizeable six-figure salary — around $138K per year on average. Total cash earnings of Chief Operating Officers range from $78K on the low end to $258K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $70K and $63K, respectively. Location is the biggest factor affecting pay for this group, followed by career duration. Among survey respondents, men are more common than women; 80 percent of Chief Operating Officers are male. Job satisfaction is high and work is enjoyable for most Chief Operating Officers. Medical benefits are awarded to most, and the greater part earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.

$72,501 - $214,526
(Median)
$73K
$140K
$210K
MEDIAN: $137,933
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
$72,501 - $214,526  
   
Bonus
$504 - $69,609  
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).
)
$77,748 - $257,516  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 696
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
$504 - $69,609  
   
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).
)
$77,748 - $257,516  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 11
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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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Chief Operating Officers who transition into an upper level President and CEO position will not necessarily make much more than they do in their current role. The average President and CEO makes $150K a year.

Vice President, Chief Operating Officer (COO) Job Listings

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


Survey respondents exploit a significant toolbox of skills in their work. Most notably, facility with Strategic Planning, Sales Management, and Project Management are correlated to pay that is significantly above average, leading to increases of 26 percent, 7 percent, and 4 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Network Management / Administration, Budget Management, and People Management. Those familiar with Microsoft Excel also tend to 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.


Experience seems to be a major factor in determining the incomes of Chief Operating Officers. Substantial, six-figure paychecks show up early in this area; folks who have worked for fewer than five years report earning a median of $112K. After working for 10 to 20 years, Chief Operating Officers make a median salary of $162K. 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 $173K.

Pay Difference by Location


For those looking to make money, Chief Operating Officers in Dallas enjoy an exceptional pay rate, 34 percent above the national average. Chief Operating Officers can also look forward to large paychecks in cities like Denver (+34 percent), New York (+33 percent), San Francisco (+30 percent), and Austin (+18 percent). Falling short of the national average by 14 percent, the area with the worst salaries is Atlanta. Employers in Chicago and Miami also lean toward paying below-median salaries (9 percent lower and 2 percent lower, respectively).

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



National Average
$153,000



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

Strategic Planning
up arrow 26%


Project Management
up arrow 4%

Operations Management
up arrow 2%

National Average
$153,000

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 14%

Budget Management
up arrow 15%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 142 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: 84% dental benefits Dental: 68%
vision benefits Vision: 52% employee benefits None: 13%
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