Experienced Collections Managers can expect to earn an average of $60K per year. A fair number report receiving medical coverage from their employers and the greater part collect dental insurance. Job satisfaction for Experienced Collections Managers is high. Female Experienced Collections Managers make up most of the survey respondents at 76 percent. This snapshot results from replies to PayScale's salary survey.

$40,708 - $88,828
$41K
$60K
$89K
MEDIAN: $59,694
10%
50%
90%

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$15.08 - $27.17
$15
$19
$27
MEDIAN: $19.39
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$30K$60K$90K
Salary
$40,708 - $88,828  
   
Bonus
$1,030 - $15,050  
Profit Sharing
$3,034  
Commission
$16,500  
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).
)
$39,031 - $89,719  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 312
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$15$30$45
Hourly Rate
$15.08 - $27.17  
   
Overtime
$22.00 - $39.63  
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$30K$60K$90K
Bonus
$1,030 - $15,050  
   
Commission
$16,500  
Profit Sharing
$3,034  
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).
)
$39,031 - $89,719  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 61

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Pay Difference by Location

National Average: $57,499

Larger city markers indicate a job is popular in that location.

Dallas offers some of the highest pay in the country for Experienced Collections Managers, 41 percent above the national average. Experienced Collections Managers will also find cushy salaries in New York (+30 percent), Milwaukee (+25 percent), Houston (+11 percent), and Portland (+11 percent). One of the biggest compensable factors for Experienced Collections Managers is geography, with workers in Omaha earning a whopping 25 percent below the national average.

Key Stats for Credit / Collections Manager

Gender

Female
76 %
Male
24 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.
079
10-19 years
80%
20 years or more
20%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Credit / Collections Manager Salaries

Credit Control
up arrow 11%

Financial Analysis
up arrow 11%

Collection Development
up arrow 7%


Customer Relationship Management (CRM)
up arrow 3%

Microsoft Excel
up arrow 3%

Negotiation
up arrow 2%

Risk Management / Risk Control
0%

National Average
$57,000

Collections
up arrow 3%

bill collections
up arrow 4%

Customer Service
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.

Gender

Female
76 %
Male
24 %

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 68%
vision benefits
Vision: 61%
dental benefits
None: 17%
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