Somewhere between two-thirds and three-fourths of Collections Managers with Negotiation skills are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $35K to $94K per year, and the average comes out to $60K annually. Experience level is the biggest factor affecting pay for this group, followed by geography. The majority of workers are highly satisfied with their job. Women make up the majority of Collections Managers with Negotiation skills (66 percent) who completed the questionnaire. A strong majority report receiving medical coverage from their employers and more than half collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$38,349 - $86,502
$38K
$60K
$87K
MEDIAN: $59,763
10%
50%
90%

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$12.00 - $24.44
$12
$17
$24
MEDIAN: $17.42
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Salary
$38,349 - $86,502  
   
Bonus
$1,555 - $15,344  
Profit Sharing
$3,052  
Commission
$5,500  
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).
)
$35,313 - $93,692  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 120
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$12.00 - $24.44  
   
Overtime
$25.89  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$1,555 - $15,344  
   
Commission
$5,500  
Profit Sharing
$3,052  
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).
)
$35,313 - $93,692  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 28

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Pay by Experience Level for Credit / Collections Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and pay tend to be weakly linked for Collections Managers with Negotiation skills — those with more experience do not necessarily bring in higher earnings. People who have worked for fewer than five years bring home $42K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $50K. For Collections Managers with Negotiation skills, 10 to 20 years of experience on the job amounts to an average salary of $59K. Collections Managers with Negotiation skills who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $60K on average.

Key Stats for Credit / Collections Manager

Gender

Female
66 %
Male
34 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 33 votes.
037
1-4 years
8%
5-9 years
19%
10-19 years
38%
20 years or more
35%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Credit / Collections Manager Salaries

Late-Career
up arrow 7%

Experienced
up arrow 4%

National Average
$56,000

Mid-Career
up arrow 12%

Entry-Level
up arrow 26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 33 votes.

Gender

Female
66 %
Male
34 %

Years of Experience

1-4 years
8%
5-9 years
19%
10-19 years
38%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 69%
vision benefits
Vision: 58%
dental benefits
None: 16%
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