Pichai grew up in Chennai, India, studying at the Indian Institute of Technology before earning a master’s degree from Stanford University and an MBA from the Wharton School. In 2022, he received executive compensation totaling $226 million, making him one of the highest-paid Indian CEOs and corporate heads overall. COOs and other chief executives work in every type of business, from small to large, with few employees or thousands of employees.
- Salary.com provides trusted global salary data in over 100 countries to organizations like yours to attract and retain top talent.
- The table below includes links to the average salary for each state in India.
- We surveyed our database to gather insights from the perspective of both professionals and hiring managers in the UK.
- The Chief Operating Officer (COO) is a senior leader entrusted with administering a business’s familiar regulatory and functional elements.
- There isn’t one agreed-upon list of what the job entails, and the role may also have different titles depending on the organization.
A Chief Operating Officer is a high bonus based job, with 81% of employees reporting at least one bonus in the last 12 months. For the average Chief Operating Officer salary in Jharkhand, 25% of the population are earning less than 499,300 INR while 75% of the population earn more than 499,300 INR. If you are earning more than the median salary, that’s a good indicator that you are being paid well. These are average salaries for a Chief Operating Officer in Jharkhand and include benefits such as housing and transport. It’s also possible for a Chief Operating Officer to earn more or less than the average salaries shown above. Their expertise is usually different from that of the core business operations.
Understand the base salary paid range for a Chief Operating Officer in India
If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive. Chief Operating Officer salaries will vary a lot based on your experience, location, skills, and gender. Listed above are the average annual increase rates for each industry in India for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises.
What is the salary of top CFO in India?
The average salary for a Chief Financial Officer (CFO) is ₹36,12,600 per year (₹1,95,680 per month), which is ₹32,25,100 (+832%) higher than the national average salary in India. A Chief Financial Officer (CFO) can expect an average starting salary of ₹7,85,400. The highest salaries can exceed ₹90,00,000.
A chief executive officer is responsible for various operations in an organization. In simple terms, a chief executive officer is a senior executive in an organization responsible for looking at business operations on a daily basis. Being one of the highest positions in an organization after CEO, COO is among India’s highest-paying jobs. COO is a pivotal leadership role within an organization that helps drive outstanding results, smoothly carry out all the daily activities and improve efficiency. As mentioned above, there are numerous reasons for pursuing a job opportunity as a COO in an organization.
Browse Related Job Categories With Chief Operating Officer
These salaries represent the average range considering a number of variables (industry, location, level of seniority etc.). This is a vital function in any company, although it is more common in large ones. The function assists the Chief Executive Officer in steering the organisation toward the CEO’s and board of directors’ vision and strategy. It usually has a significant amount of expertise in the business line for which they are employed, as the position requires hands-on execution abilities, people management, and financial budgeting, to mention a few. These are powerful, proactive, and influential leaders, and their ability to succeed in their roles is dependent on the trust of their CEO and Board of Directors, as well as the devotion of their team members.
Meanwhile, Indian-American executive Sundar Pichai has steered Alphabet (formerly Google) to a market cap of $1.36 trillion. To give you an idea of what to expect, here are the 10 companies that pay the highest salaries for COOs in the United States. Salary estimates are based on 4,922 salaries submitted anonymously to Glassdoor by COO employees. In addition to directing the planning and development of an organization’s operational objectives and initiatives, COOs may also be responsible for overseeing other departments. We have identified at least five jobs related to the COO job category that pay more per year than a typical COO salary. Salary.com provides trusted global salary data in over 100 countries to organizations like yours to attract and retain top talent.
How much money does a person working as Chief Operating Officer make in India?
That is quite an investment.You can’t really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.Many people pursue coo salary in india higher education as a tactic to switch to a higher-paying job. To get an accurate estimate of the annual salary range for COO positions, ZipRecruiter continuously scans its database of millions of active jobs posted across the United States.
Look at job-search resources like Indeed, Monster, and Glassdoor for available positions. You may have better prospects by gaining COO experience at smaller companies before applying to larger, more established organizations. If you believe you have the work experience and educational background for the position, read COO job descriptions and highlight relevant work experience that can qualify you. Gearing your resume in this way can also reveal other areas in which you may need to broaden your experience before applying for COO jobs.
Average Chief Operating Officer Salary in Jharkhand, India for 2023
A Chief Executive Officer (CEO) is the company’s highest-ranking executive, whereas a Chief Operating Officer (COO) is the company’s second-highest-ranking executive and reports to the CEO. The CEO is the company’s public face and is in charge of all external communications. A chief operating officer (COO) is in charge of the company’s day-to-day operations. The compensation of a Chief Operating Officer is determined by the number of years of experience as well as the nation in which they work.
It also explains how job functions differ between an operations director and a president. As mentioned above to become a chief operating officer you must have a list of important skills. Thus you are first required to investigate a Chief operating officer’s job role and responsibilities. For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%. Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals. You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
Our data covers more than 25,000 unique job titles over 8,000 organizations. Nearly everyone within an organization will report to the COO, although they may not do so directly. The COO has wide-ranging responsibilities, and they oversee every area of the company aside from other chief executives, the board of directors, and the owners. “COO” stands for “chief operating officer.” This person is the chief executive in charge of a business’s day-to-day operations. A chief operating officer job requires many years of experience in various facets of a company’s operations. The list of countries below will take you to information and data researched on 3,628 different jobs to help you find the average salaries, gender gaps, public vs private sector and more.
Is COO higher than VP?
However, there are certainly some companies that use both. In these cases, since the VP of operations manages the long-term operational strategizing, and the COO oversees the day-to-day company operations, the company might consider the COO lower ranking than the VP.