Chief Operations Officer salary FAQs
- What is a normal salary for a COO?
- A normal salary for a Chief Operations Officer is between £120,000 - £300,000 a year. If an employer requires a Chief Operations Officer / Chief Operating Officer (COO) with specific niche experience and knowledge, the candidate will often be able to negotiate a salary at the higher end of this scale.
- What is the highest salary for a COO?
- The highest salary for a Chief Operations Officer in today's market is approximately £300.000. This is the salary base rate, and equity and other benefits like health insurance would be added on top.
- What does a Chief Operations Officer do?
- A Chief Operations Officer is typically second in command to the CEO and plays a critical role in translating the businesses strategic vision into actionable plans. Their primary objective is to optimise operational performance, enhance productivity, and drive overall growth and profitability. The Chief Operations Officer responsibilities can vary depending on the industry and size of business, but they often include managing various operational departments such as production, supply chain, human resources, finance, and technology.
- Is COO higher than a Director of Operations?
- Yes. In many businesses, a Chief Operations Officer is a higher position that a Director of Operations. A Director of Operations would often report into the Chief Operating Officer. If a business does not employ a COO, the Director of Operations may report directly into the CEO.