Average Mid-Career Collections Manager Salary in Chicago, Illinois

$49,997
Avg. Salary
$1,500
Bonus
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The average salary for a Mid-Career Collections Manager in Chicago, Illinois is $49,997.
25%
$44k
MEDIAN
$50k
75%
$74k
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United States (change)
Salary
$44k - $74k
Bonus
$0 - $2k
Total Pay
$43k - $65k

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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

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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. An experienced Collections Manager with 10-19 years of experience earns an average total compensation of $61,900 based on 9 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 Houston, Texas earn an average of 28.1% more than the national average. These job titles also find higher than average salaries in Atlanta, Georgia (8.0% more) and Orlando, Florida (4.1% more). The lowest salaries can be found in San Antonio, Texas (6.4% less) and Dallas, Texas (5.0% less).

Years of Experience

This data is based on 19 survey responses.
Early Career
26.3%
Experienced
47.4%
Late Career
26.3%

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