Vice President, Chief Operating Officer (COO) Salary

Commissions constitute a big slice (just under one in three on average) of overall compensation for Chief Operating Officers, and the median take-home for this group lies near $157K. In the world of Chief Operating Officers, total cash compensation can vary between $82K and $252K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $52K and $35K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by career length. Most Chief Operating Officers survey respondents are men (77 percent). Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Work is enjoyable for Chief Operating Officers, who typically claim high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$76,720 - $204,406
$77K
$140K
$200K
MEDIAN: $144,809
10%
50%
90%

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$25.66 - $50.00
$45
MEDIAN: $45.00
50%

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$0$248K
Salary $76,720 - $204,406
Bonus $2,409 - $52,125
Profit Sharing $1,500 - $35,000
Commission $37,500
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).
)
$80,641 - $248,339
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 405
Hourly Data $0$50
Hourly Rate $45.00
Overtime $0.00
Annual Data $0$248K
Bonus $2,409 - $52,125
Commission $37,500
Profit Sharing $1,500 - $35,000
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).
)
$80,641 - $248,339
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 7

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

  • 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.
  • Identify growth and market opportunities.
  • Direct, coordinate and evaluate operational teams and product implementation.

Common Career Paths for Vice President, Chief Operating Officer (COO)


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Chief Operating Officers who become Presidents and COOs may see a small rise in pay. On average, Presidents and COOs earn $178K per year.

Vice President, Chief Operating Officer (COO) Job Listings

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


Survey results imply that Chief Operating Officers deploy a substantial tool kit of skills at work. Most notably, skills in Telecommunications, Operations Management, Strategic Planning, and Sales Management are correlated to pay that is above average. Those listing Microsoft Word as a skill should be prepared for drastically lower pay. Microsoft Excel and Microsoft Office also typically command lower compensation. Most people familiar with Operations Management also know Microsoft Excel and Microsoft Office.

Pay by Experience Level for Vice President, Chief Operating Officer (COO)

Pay by Experience for a Vice President, Chief Operating Officer (COO) has a positive trend. An entry-level Vice President, Chief Operating Officer (COO) with less than 5 years of experience can expect to earn an average total compensation of $118,000 based on 54 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President, 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 $128,000 based on 105 salaries. An experienced Vice President, Chief Operating Officer (COO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $162,000 based on 182 salaries. A Vice President, 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 $174,000 based on 146 salaries.

Pay Difference by Location

National Average: $157,012

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

For Chief Operating Officers, Minneapolis provides a pay rate that is 28 percent greater than the national average. Chief Operating Officers can also look forward to large paychecks in cities like San Francisco (+27 percent), Chicago (+24 percent), Philadelphia (+16 percent), and New York (+16 percent). The lowest-paying market is Houston, which sits 31 percent below the national average, proving that location is a significant contributor to overall pay. Not at the bottom but still paying below the median are employers in Atlanta and San Antonio (30 percent lower and 21 percent lower, respectively).

Vice President, Chief Operating Officer (COO) Reviews

Q: What is it like working as a Vice President, Chief Operating Officer (COO)?

Vice President, Chief Operating Officer (COO) in Sunrise:
"Culture."
Pros: Working with great people. I am one of eight partners and it is a good mix of ownership.
Cons:

Related Job Salaries

Key Stats for Vice President, Chief Operating Officer (COO)

Gender

Female
21 %
Male
79 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 69 votes.
Less than 1 year
0%
1-4 years
6%
5-9 years
17%
10-19 years
41%
20 years or more
36%

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

▲11%

▲3%

National Average
$157,000

▼19%

▼25%

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


National Average
$157,000


Strategic Planning
▼3%


Business Development
▼6%



Windows NT / 2000 / XP Networking
▼15%

People Management
▼16%

Budget Management
▼17%

▼18%

Leadership
▼20%




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 69 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
0%
1-4 years
6%
5-9 years
17%
10-19 years
41%
20 years or more
36%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 74%
vision benefits
Vision: 60%
no benefits
None: 12%