R918,452
Avg. Salary
R181
Avg. Hourly Rate

Average additional compensation:

R90,608

Bonus

R196,527

Profit Sharing

R375,000

Commission

What am I worth?
How should I pay?

The average pay for a Chief Operating Officer (COO) is R181 per hour.

The average pay for a Chief Operating Officer (COO) is R918,452 per year.

10%
R50.87
10%
R180.50
50%
R609.23
90%
90%
MEDIAN R180.50
10%
R362k
10%
R918k
50%
R2m
90%
90%
MEDIAN R918,452
R362,177 - R1,765,266
R360K
R920K
R2M
MEDIAN: R918,452
10%
50%
90%
R50.87 - R609
R180
MEDIAN: R181
50%
R0R1M
Salary R362,177 - R1,765,266
Bonus R22,685 - R398,665
Profit Sharing R8,900 - R309,126
Commission R375,000
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).
)
R334,513 - R1,962,291
  • Country: South Africa
  • Currency: ZAR
  • Updated: 23 Aug 2019
  • Individuals Reporting: 223
Hourly Data R0R609
Hourly Rate R181
Annual Data R0R1M
Bonus R22,685 - R398,665
Commission R375,000
Profit Sharing R8,900 - R309,126
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).
)
R334,513 - R1,962,291
  • Country: United States
  • Currency: ZAR
  • Updated: 23 Aug 2019
  • Individuals Reporting: 8

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.

Read More...
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.

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 R604,000 based on 85 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 R921,000 based on 56 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 R1,286,000 based on 98 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 R1,511,000 based on 43 salaries.

Pay Difference by Location

-14%

-16%

National Average: R967,473

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

Chief Operating Officer (COO) Reviews

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

Chief Operating Officer (COO) in Cape Town:
"Independent, hard working, variety of growth and management opportunities."
Pros: Independence
Cons: Certain managerial decisions

Chief Operating Officer (COO) in Cape Town:
"COO Pay Level in Investment Management."
Pros: Scenic beauty, work-life balance, cosmopolitan
Cons: Crime, inefficient public transport system, inequality

Chief Operating Officer (COO) in Johannesburg:
"Trust your gut."
Too often operations managers want all the facts before they decide. 95% of the time one cannot wait for all the facts - when you have heard enough to have the "ah-ha" moment, then you can make a decision.

Chief Operating Officer (COO) in Cape Town:
"Joys of a COO."
Pros: Strategic thinking - be in front of the pack. People management - conflict resolution. Coaching - mentorship.
Cons: Being supervised and micro managed. Not being valued for what I bring to the company - that is just the boss, and not something that should happen. Turning the company around and that is taken for granted.

Chief Operating Officer (COO) in Cape Town:
"Salary and benefits."
Make sure that you have all your benefits listed,. IE pension, shares, leave, medical contribution.

Related Job Salaries

Key Stats for Chief Operating Officer (COO)

Gender

Female
25 %
Male
75 %
Less than 1 year
3%
1-4 years
24%
5-9 years
15%
10-19 years
37%
20 years or more
22%

Experience Affects Chief Operating Officer (COO) Salaries

▲56%

▲33%

National Average
R967,000

▼5%

▼38%

Skills That Affect Chief Operating Officer (COO) Salaries

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
3%
1-4 years
24%
5-9 years
15%
10-19 years
37%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 40%
dental benefits
Dental: 14%
vision benefits
Vision: 11%
no benefits
None: 60%