Vice President, Chief Operating Officer (COO) Salary

Average pay for a Chief Operating Officer in the United States is considerable, rounding six figures at $139K per year. Final cash compensation to Chief Operating Officers varies from around $78K to approximately $260K; choice pay grades include potential for bonuses and profit sharing as high as $71K and $60K, respectively. Location is the biggest factor affecting pay for this group, followed by tenure. The vast majority of Chief Operating Officers (80 percent) survey respondents are men. Medical benefits are awarded to most, and the larger part earn dental coverage. Most Chief Operating Officers report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$72,906 - $216,234
(Median)
$73K
$140K
$220K
MEDIAN: $138,599
10%
50%
90%

Add this chart to your site: 640px    300px

$20.43 - $59.21
(Median)
$20
$34
$59
MEDIAN: $34.00
10%
50%
90%

Add this chart to your site: 640px    300px

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
$72,906 - $216,234  
   
Bonus
$503 - $71,387  
Profit Sharing
$3,034 - $60,000  
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).
)
$77,790 - $259,668  
Country: United States | Currency: USD | Updated: 2 Jul 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
$20.43 - $59.21  
   
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
$503 - $71,387  
   
Profit Sharing
$3,034 - $60,000  
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).
)
$77,790 - $259,668  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 12
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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)


Add this chart to your site:   640px 640px    300px 300px


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

Search for more jobs:

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


Chief Operating Officers report using a large range of skills on the job. Most notably, facility with Strategic Planning, Sales Management, and Project Management are correlated to pay that is significantly above average, leading to increases of 25 percent, 7 percent, and 5 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 skilled in Microsoft Excel are similarly competent in 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.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. New workers enjoy hefty six-figure paychecks when they take on this position — $114K per year is the median for people who claim less than five years' experience. People with 10 to 20 years of experience make an average of about $162K in this role. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $173K.

Pay Difference by Location


Denver offers some of the highest pay in the country for Chief Operating Officers, 34 percent above the national average. Chief Operating Officers can also look forward to large paychecks in cities like Dallas (+33 percent), New York (+33 percent), San Francisco (+29 percent), and Austin (+18 percent). Atlanta is the lowest-paying area, 14 percent south of the national average. Workers in Chicago and Miami earn salaries that trail the national average for those in this profession (9 percent less and 2 percent less, respectively).

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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%



Operations Management
up arrow 2%

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 14%

Budget Management
up arrow 15%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 141 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: 53% employee benefits None: 13%
ADVERTISEMENT