A Credit / Collections Manager earns an average salary of $51,737 per year. A skill in Negotiation is associated with high pay for this job.
Credit / Collections Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$35,901 - $78,905
(Median)
36K
43K
52K
64K
79K
MEDIAN: $51,736
10%
25%
50%
75%
90%
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Credit / Collections Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$11.69 - $23.11
(Median)
12
14
16
19
23
MEDIAN: $16.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Salary
$35,901 - $78,905  
   
Bonus
$203.17 - $14,633  
Profit Sharing
$304.10 - $7,341  
Commission
$0.00 - $24,216  
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).
)
$32,942 - $82,227  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 1,924
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$11.69 - $23.11  
   
Overtime
$17.01 - $35.93  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$203.17 - $14,633  
   
Commission
$0.00 - $24,216  
Profit Sharing
$304.10 - $7,341  
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).
)
$32,942 - $82,227  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 1,924
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Job Description for Credit / Collections Manager
A credit/collections manager is responsible for the direction and coordination of credit and collections procedures, policies, and operations. They manage the daily accounts receivables to ensure customer compliance, as well as follow up with issues or complaints from customers.
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Credit / Collections Manager Tasks
  • Oversee all general credit and collections processes.
  • Manages small claims court documentation and makes decisions on accouts to be written off.
  • Hire, manage, and motivate members of the collection team.
Popular Skills for Credit / Collections Manager
Pay by Experience Level for Credit / Collections Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Boston
up arrow 44%
Minneapolis
up arrow 37%
New York
up arrow 28%
Anaheim
up arrow 21%
Atlanta
up arrow 14%
Chicago
up arrow 14%
Dallas
up arrow 9%
up arrow 7%
Charlotte
up arrow 4%
Jacksonville
up arrow 3%
Denver
up arrow 1%
Orlando
0%
National Average
$51,000
Columbus
up arrow 3%
Portland
up arrow 7%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Credit / Collections Manager Salaries

National Average
$51,000

Skills That Affect Credit / Collections Manager Salaries

Customer Relationship Management (CRM)
up arrow 3%
Microsoft Excel
up arrow 3%
Collection Development
up arrow 1%
Accounts Receivable
0%
Collections
0%
National Average
$51,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 400 votes.
Gender
Female
64%
female alumni
 
Male
36%
male alumni
Years of Experience
Less than 1 year
0%
1-4 years
17%
5-9 years
19%
10-19 years
36%
20 years or more
27%
Common Health Benefits
medical benefits Medical: 81% dental benefits Dental: 67%
vision benefits Vision: 49% employee benefits None: 16%
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