Vice President, Chief Operating Officer (COO) Salary

Salaries for Chief Operating Officers in the United States are generous, with average pay above six figures ($139K) per year. In the world of Chief Operating Officers, total cash compensation can vary between $80K and $265K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $72K and $65K, respectively. Geography is the biggest factor affecting pay for this group, followed by experience level. Medical benefits are awarded to most, and a majority earn dental coverage. Work is enjoyable for Chief Operating Officers, who typically claim high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$73,567 - $219,409
(Median)
$74K
$140K
$220K
MEDIAN: $138,866
10%
50%
90%

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$20.61 - $58.66
(Median)
$21
$35
$59
MEDIAN: $35.00
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$90K$180K$270K
Salary
$73,567 - $219,409  
   
Bonus
$484.79 - $72,296  
Profit Sharing
$2,114 - $64,564  
Commission
$34,000  
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).
)
$79,930 - $265,115  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 699
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
$20.61 - $58.66  
   
Overtime
$46.00  
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
$484.79 - $72,296  
   
Commission
$34,000  
Profit Sharing
$2,114 - $64,564  
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).
)
$79,930 - $265,115  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 13
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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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Although some Chief Operating Officers become Chief Executive Officer, this progression is not the norm. However, the latter position does pay a little more at $169K.

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 26 percent and 7 percent, respectively. Skills that pay less than market rate include Network Management / Administration, Budget Management, and People Management. Those educated in Operations Management tend to be well versed in Microsoft Excel and Microsoft Office.

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

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


For many Chief Operating Officers, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Annually raking in $113K, the average professional in this position sees a six-figure salary within the first five years. After working for 10 to 20 years, Chief Operating Officers make a median salary of $160K. 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 $172K.

Pay Difference by Location

National Average: $152,651

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

For Chief Operating Officers, busy Dallas offers a higher-than-average pay rate, 32 percent above the national average. Chief Operating Officers can also look forward to large paychecks in cities like San Francisco (+30 percent), New York (+29 percent), Austin (+18 percent), and Houston (+18 percent). The smallest paychecks in the market, 15 percent south of the national average, can be found in Atlanta. Employers also pay below the national average in Irvine (15 percent lower) and Chicago (11 percent lower).

Related Job Salaries

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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%


Operations Management
up arrow 1%

National Average
$153,000

Project Management
up arrow 2%

Accounting
up arrow 3%

Business Development
up arrow 3%

Telecommunications
up arrow 4%

Business Strategy
up arrow 4%




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 125 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
14%
10-19 years
36%
20 years or more
42%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 67%
medical benefits
Vision: 53%
dental benefits
None: 13%
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