Experienced Credit / Collections Manager Salary

Experienced Collections Managers take home an average $59K annually. Job satisfaction is reported as high by the vast majority of workers. A strong majority enjoy medical while the greater part get dental coverage. Vision coverage is also available to a majority. Men are in the minority of survey respondents, with female Experienced Collections Managers making up 78 percent. This overview is based on answers to PayScale's salary questionnaire.

$40,961 - $87,324
$41K
$59K
$87K
MEDIAN: $59,169
10%
50%
90%

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$14.97 - $27.52
$15
$19
$28
MEDIAN: $19.21
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
$40,961 - $87,324  
   
Bonus
$1,027 - $14,848  
Profit Sharing
$3,000  
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).
)
$39,079 - $88,250  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 298
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
$14.97 - $27.52  
   
Overtime
$20.43 - $42.34  
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
$1,027 - $14,848  
   
Commission
$16,500  
Profit Sharing
$3,000  
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).
)
$39,079 - $88,250  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 56

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Pay Difference by Location

National Average: $57,433

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

For Experienced Collections Managers, Dallas provides a pay rate that is 42 percent greater than the national average. Experienced Collections Managers can also look forward to large paychecks in cities like St. Louis (+39 percent), New York (+27 percent), Milwaukee (+25 percent), and Atlanta (+17 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
78 %
Male
22 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.
10-19 years
79%
20 years or more
21%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Credit / Collections Manager Salaries


Financial Analysis
▲9%


Collection Development
▲4%

Risk Management / Risk Control
▲4%

Microsoft Excel
▲2%

Customer Relationship Management (CRM)
▲1%

Negotiation
▲1%

National Average
$57,000

Collections
▼3%

bill collections
▼3%

Customer Service
▼4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.

Gender

Female
78 %
Male
22 %

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 69%
vision benefits
Vision: 61%
no benefits
None: 18%