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. Cash earnings for Chief Operating Officers — which occasionally include more than $72K from bonuses and more than $65K from profit sharing — stretch from around $80K to approximately $265K. Geography and years of experience each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and the greater part earn dental coverage. Job satisfaction for Chief Operating Officers is high. This report is based on answers 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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Many Chief Operating Officers move into Chief Executive Officer roles, in which average pay is a slightly higher $169K per year.

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 require a rather large skill set. 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 seem to negatively impact pay include Network Management / Administration, Budget Management, and People Management. Most people experienced in Operations Management also know 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.


Chief Operating Officers with a rich background of experience are typically rewarded with larger paychecks. Six-figure salaries are not unusual for those just entering the occupation — survey respondents with less than five years' experience under their belts report receiving an average of $113K per year. Chief Operating Officers who work for 10 to 20 years in their occupation tend to earn about $160K. Chief Operating Officers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $172K on average.

Pay Difference by Location

National Average: $152,651

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

Dallas is home to an above-average pay rate for Chief Operating Officers, 32 percent higher than the national average. Chief Operating Officers will also find cushy salaries in San Francisco (+30 percent), New York (+29 percent), Austin (+18 percent), and Houston (+18 percent). In Atlanta, salaries are 15 percent below the national average and represent the lowest-paying market. 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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