Average Chief Operating Officer (COO) Salary in Nigeria
The average annual salary of Chief Operating Officer (COO) is ₦8,045,834.00
The starting salary of Chief Operating Officer (COO) is between ₦33,048.00 and ₦38,880.00 whereas the maximum salary range is between ₦38,160,000.00 and ₦43,884,000.00.
| Minimum Annual Pay | Maximum Annual Pay |
|---|---|
| ₦33,048.00 | ₦43,884,000.00 |
- Currency : NGN
- Annual Salary : ₦8,045,834.00
- Weekly Pay : ₦141,952.00
- Fortnightly Salary : ₦283,904.00
- Monthly Salary : ₦615,125.00
Chief Operating Officer (COO) Salary Comparison by Gender
This pie chart demonstrates the gender share for Chief Operating Officer (COO). As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Chief Operating Officer (COO) compared to female. Their involvement is 87% while of female is only 13%.
Salary Distribution Based on Years of Experience
The line graph shows Chief Operating Officer (COO) salary in Nigeria on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Chief Operating Officer (COO) having experience between 1-4 years, their salary is around ₦4,503,408.00.
Once the experience reaches 5-9 years Chief Operating Officer (COO) salary would increase again to a total of ₦6,403,294.26, adding ₦1,899,886.26 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of ₦10,875,629.71.
Prominent Skills Affecting Chief Operating Officer (COO) Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Chief Operating Officer (COO)'s salary. It clearly highlights the skills needed for a post of Chief Operating Officer (COO) when hired by an employer.
The most vital skill expected of Chief Operating Officer (COO) is People Management which impacts the most than the rest of the skills indicated with a staggering 45% comparatively. Therefore, one’s salary would greatly depend on their skills in People Management.
The skill least likely to affect one’s pay would be Strategic Planning with 28%. It can be said that Strategic Planning skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Chief Operating Officer (COO). Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is ₦4,666,584.00 whereas the highest earning is ₦11,344,626.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of ₦11,344,626.00 at 41%. So to summerize, Early Career earns 42% less than the average salary, Mid Carrer earns 18% less than the average salary, Late Career earns 41% more than the average salary.
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