£83,755
Avg. Salary
£25.00
Avg. Hourly Rate

Average additional compensation:

£19,623

Bonus

£10,124

Profit Sharing

£14,000

Commission

What am I worth?
How should I pay?

The average pay for a Chief Operating Officer (COO) is £25.00 per hour.

The average pay for a Chief Operating Officer (COO) is £83,755 per year.

£0.00
10%
£25.00
50%
£0.00
90%
MEDIAN £25.00
£45k
10%
£84k
50%
£151k
90%
MEDIAN £83,755
£45,411 - £150,663
£45K
£84K
£150K
MEDIAN: £83,755
10%
50%
90%
£0£186K
Salary £45,411 - £150,663
Bonus £2,080 - £58,007
Profit Sharing £0.00 - £48,177
Commission £14,000
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).
)
£47,719 - £186,970
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 4 Dec 2018
  • Individuals Reporting: 469

Job Description for Chief Operating Officer (COO)

A chief operating officer (COO) is usually the second-highest ranking executive in a corporation. The chief operating officer is in charge of executing daily operations for the company, and is second in responsibility only to the chief executive officer (CEO). The COO's job is to help set standards for the company and work with directors and middle managers to ensure that processes, training, and quality of output of goods and services reflect these standards. They may receive constant data-based reports and overviews which include snapshots of revenues, efficiency, and even waste that can be acted upon to improve the company's performance.

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Chief Operating 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.

Common Career Paths for Chief Operating Officer (COO)


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Chief Operating Officer (COO) Job Listings

Pay by Experience Level for Chief Operating Officer (COO)

Pay by Experience for a Chief Operating Officer (COO) has a positive trend. An entry-level Chief Operating Officer (COO) with less than 5 years of experience can expect to earn an average total compensation of ₤68,000 based on 56 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Operating 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 ₤82,000 based on 50 salaries. An experienced Chief Operating Officer (COO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤102,000 based on 92 salaries. A Chief Operating 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 ₤101,000 based on 70 salaries.

Pay Difference by Location

18%

National Average: £90,243

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

Related Job Salaries

Key Stats for Chief Operating Officer (COO)

Gender

Female
26 %
Male
74 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.
Less than 1 year
3%
1-4 years
18%
5-9 years
15%
10-19 years
30%
20 years or more
33%

Experience Affects Chief Operating Officer (COO) Salaries

▲13%

▲12%

National Average
₤90,000

▼10%

Entry-Level
▼24%

Skills That Affect Chief Operating Officer (COO) Salaries

Financial Analysis
▲46%

Strategy
▲38%

Human Resources
▲16%

Team Leadership
▲16%


Senior Financial Management
▲11%

Strategic Planning
▲10%

National Average
₤90,000

Customer Relationship Management (CRM)
▼7%

▼8%

Project Management
▼9%


Sales Management
▼11%

Business Strategy
▼12%

Strategic Project Management
▼34%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
3%
1-4 years
18%
5-9 years
15%
10-19 years
30%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 51%
dental benefits
Dental: 20%
vision benefits
Vision: 18%
no benefits
None: 46%