Average Chief Operating Officer Salary in Taif, Saudi Arabia for 2024

In this article, we will look at the average Chief Operating Officer salary for 2024 in Taif and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Saudi riyal. To keep things simple, we are using the SAR currency code instead of the currency symbol ر.س.

How Much Does a Chief Operating Officer Make in Taif?

A Chief Operating Officer working in Taif will typically earn around 308,300 SAR per year, and this can range from the lowest average salary of about 150,000 SAR to the highest average salary of 485,200 SAR.

These are average salaries for a Chief Operating Officer in Taif 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.

Chief Operating Officer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Chief Operating Officer Salaries in Taif

So we've looked at the average salaries a Chief Operating Officer will earn in Taif. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Chief Operating Officer can earn between 150,000 SAR and 485,200 SAR on average in Taif. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Chief Operating Officer in Taif is 320,500 SAR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 320,500 SAR, and 50% of the population earn more than 320,500 SAR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Chief Operating Officer salary in Taif, 25% of the population are earning less than 209,500 SAR while 75% of the population earn more than 209,500 SAR.

75% of the population earn less than 421,400 SAR, and 25% of the population earn more than 421,400 SAR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

Chief Operating Officer Salary by Experience Level in Taif

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average chief operating officer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

• 0 - 2 Years Experience. A Chief Operating Officer in Taif that has less than two years of experience can expect to earn somewhere in the region of 172,200 SAR.
• 2 - 5 Years Experience. With two to five years of experience the average Chief Operating Officer salary would increase to 246,200 SAR.
• 5 - 10 Years Experience. From five to ten years of experience as a Chief Operating Officer, the average salary would be 325,800 SAR.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 398,300 SAR.
• 15 - 20 Years Experience. A Chief Operating Officer with 15 to 20 years of experience can earn an average of 424,300 SAR.
• 20+ Years Experience. For a Chief Operating Officer with more than 20 years, the expected average salary increases to 466,300 SAR.

Average Salary by Experience Chart

Chief Operating Officer Salary by Education Level in Taif

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Chief Operating Officer in Taif based on the education level of the employees in order to find out whether a better education level would increase your salary.

• High School. A Chief Operating Officer in Taif with a high school education can earn an average salary of 215,100 SAR.

• Certificate or Diploma. A Chief Operating Officer in Taif with a certificate or diploma education can earn an average salary of 251,500 SAR.

• Bachelor's Degree. A Chief Operating Officer in Taif with a bachelor's degree education can earn an average salary of 363,000 SAR.

• Master's Degree. A Chief Operating Officer in Taif with a master's degree education can earn an average salary of 447,700 SAR.

Average Salary by Education Chart

Chief Operating Officer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Taif, a male chief operating officer will earn an average of 330,900 SAR, while a female chief operating officer will earn around 292,000 SAR.

This means that a male chief operating officer earns approximately 13% more than a female chief operating officer for performing the same job.

Average Salary by Gender Chart in Taif

Chief Operating Officer Average Pay Raise in Taif

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Chief Operating Officer in Taif is around 13% every 16 months.

The national average pay raise across all professions and industries in Saudi Arabia is around 8% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 16 ) × 12  = 10%

What this means is that a Chief Operating Officer in Taif can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Taif for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Saudi Arabia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Chief Operating Officer Bonus and Incentive Rates in Taif

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Chief Operating Officer is a high bonus based job, with 83% of employees reporting at least one bonus in the last 12 months.

17% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Saudi Arabia earn approximately 8% more than private sector employees in the same role.

Salaries for Jobs Similar to a Chief Operating Officer

In the table below, we have salary information for jobs that are similar to a Chief Operating Officer in Taif.

Salary Comparison by City

If you want to compare salaries with different cities in Saudi Arabia, you can use the links below to explore the data for each specific city we have researched.

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