Chief Operations Officer (COO) with Operations Management Skills Salary (Canada)
A Chief Operations Officer (COO) with Operations Management skills earns an average salary of C$114,783 per year. Experience has a moderate effect on pay for this job.
|Salary||C$55,161 - C$203,527|
|Bonus||C$0.00 - C$49,665|
|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).)
|C$58,180 - C$210,000|
Job Description for Chief Operations Officer (COO)
Chief operations officers (COO) are in charge of planning and overseeing all the company operations and projects. They are responsible for creating operation strategies to increase profitability of their organization, and they actively participate in corporate efforts to increase brand loyalty. They work closely with the chief financial officer to create transparency in expenses and financial reports. COOs also implement new marketing initiatives and measure their effectiveness, as well as create company-wide policies to boost productivity. They also help develop or guide internal training programs for new products or services.Read More...
COOs report directly to the chief executive officer and/or a board of directors. They typically work in an office setting during regular business hours, but overtime is often required due to their wide range of responsibilities.
A bachelor's degree in business administration, management, finance, or related field is needed for this position. Additional years of work experience in a management position, and leadership certifications are a plus.
COOs must have strong interpersonal and communication skills. They also must be organized, analytical, and have experience leading a large group of workers to meet company objectives. COOs should also have a good knowledge of office software they use to create presentations and communicate with employees and vendors (e.g., the Microsoft Office suite and email applications). (Copyright 2018 PayScale.com)
Chief Operations Officer (COO) Tasks
- Direct the day to day operations of the organization.
- Improve operating procedures to increase profits and/or make the organization more efficient.
- Implement the strategies set by the Board of Directors and the CEO.
Chief Operations Officer (COO) Job Listings
Pay by Experience Level for Chief Operations Officer (COO)
Pay by Experience for a Chief Operations Officer (COO) has a positive trend. An entry-level Chief Operations Officer (COO) with less than 5 years of experience can expect to earn an average total compensation of C$77,000 based on 10 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Operations Officer (COO) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$100,000 based on 10 salaries. An experienced Chief Operations Officer (COO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$120,000 based on 9 salaries. A Chief Operations Officer (COO) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$180,000 based on 9 salaries.
Pay Difference by Location
Key Stats for Chief Operations Officer (COO)
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