Average Experienced Collections Manager Salary in Chicago, Illinois

$61,900
Avg. Salary
$7,000
Bonus
What am I worth?
Get pay report
How should I pay?
Price a job
The average salary for an Experienced Collections Manager in Chicago, Illinois is $61,900.
25%
$47k
MEDIAN
$62k
75%
$75k
Is Collections Manager your job title? Find out what you should be paid

Use our tool to get a personalized report on your market worth.

How it works:
1
Enter city & years of experience
2
Add pay factors like skills & education
3
Find your market worth with a report tailored to you
United States (change)
Salary
$47k - $75k
Bonus
$3k - $24k
Total Pay
$37k - $99k

Your Market Worth Over Time

How has your pay changed over time for your market? Find out by taking our salary quiz.

Job Description for Collections Manager

Collections Manager Tasks
  • Hire, manage, and motivate members of the collection team.
  • Manages small claims court documentation and makes decisions on accounts to be written off.
  • Oversee all general credit and collections processes.

Collections Manager Job Listings

Search for more jobs
Search

Popular Skills for Collections Manager

Pay by Experience Level for Collections Manager

An early career Collections Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $52,500 based on 5 salaries. A mid-career Collections Manager with 5-9 years of experience earns an average total compensation of $49,997 based on 5 salaries. In their late career (20 years and higher), employees earn an average total compensation of $66,000.
Employees with Collections Manager in their job title in Boston, Massachusetts earn an average of 15.5% more than the national average. These job titles also find higher than average salaries in Richmond, Virginia (5.4% more). The lowest salaries can be found in Tampa, Florida (24.9% less), Atlanta, Georgia (20.9% less) and Dallas, Texas (12.7% less).

Years of Experience

This data is based on 15 survey responses.
Early Career
33.3%
Mid Career
33.3%
Late Career
33.3%

Related Job Salaries