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Vice President, Chief Operating Officer (COO) Salary

Compensation for Chief Operating Officers in the United States is generous, with average pay surpassing six figures annually ($152K). In the world of Chief Operating Officers, total cash compensation can vary between $75K and $260K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $70K and $53K, respectively. Location and career length each impact pay for this group, with the former having the largest influence. Most Chief Operating Officers like their work and job satisfaction is high. A large number report receiving medical coverage from their employers and the greater part collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.
$70,973 - $211,154
(Median)
$71K
$130K
$210K
MEDIAN: $133,246
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
$70,973 - $211,154  
   
Bonus
$1,021 - $69,844  
Profit Sharing
$2,959 - $52,852  
Commission
$5,000 - $24,000  
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).
)
$75,194 - $259,960  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 713
United States (change)

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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Though it's uncommon, some Chief Operating Officers move into roles as Chief Executive Officers, where median income is $167K 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 report using a large range of skills on the job. Most notably, skills in Leadership, Business Strategy, Sales Management, and Project Management are correlated to pay that is above average, with boosts between 9 percent and 11 percent. Those listing Network Management / Administration as a skill should be prepared for drastically lower pay. Telecommunications and Microsoft Office also typically command lower compensation. The majority of those who know 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 who reported more years of relevant experience also reported higher earnings. Substantial, six-figure paychecks show up early in this area; folks who have worked for fewer than five years report earning a median of $105K. For Chief Operating Officers, 10 to 20 years of experience on the job amounts to an average salary of $160K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $171K on average.

Related Job Salaries

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



National Average
$152,000



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

Leadership
up arrow 11%


Business Strategy
up arrow 9%

Project Management
up arrow 6%

Operations Management
up arrow 2%

National Average
$152,000

Business Development
up arrow 3%



Microsoft Word
up arrow 10%

Budget Management
up arrow 11%

Windows NT / 2000 / XP Networking
up arrow 12%


Telecommunications
up arrow 17%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 182 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
43%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 68%
vision benefits Vision: 51% employee benefits None: 12%