$77,436
Avg. Salary
$21.52
Avg. Hourly Rate

Average additional compensation:

$10,000

Bonus

$2,500

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Credit Manager in Detroit, Michigan is $21.52 per hour.

The average pay for a Credit Manager in Detroit, Michigan is $77,436 per year.

10%
$16.50
10%
$21.52
50%
$22.31
90%
90%
MEDIAN $21.52
10%
$72k
10%
$77k
50%
$86k
90%
90%
MEDIAN $77,436
$72,365 - $86,476
$77K
MEDIAN: $77,436
50%

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$16.50 - $22.31
$22
MEDIAN: $21.52
50%

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$0$144K
Salary $77,436
Bonus $10,000
Profit Sharing $2,500
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).
)
$29,518 - $144,990
  • Country: United States
  • Currency: USD
  • Updated: 11 May 2019
  • Individuals Reporting: 6
Hourly Data $0$33
Hourly Rate $21.52
Overtime $33.25
Annual Data $0$144K
Bonus $10,000
Profit Sharing $2,500
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).
)
$29,518 - $144,990
  • Country: United States
  • Currency: USD
  • Updated: 11 May 2019
  • Individuals Reporting: 5

Job Description for Credit Manager

A credit manager primarily focuses on collecting money owed to their company, whether it be for some type of service or a particular product. When someone fails to pay the money that is owed, these professionals initiate legal action and potentially take part in the collection process. Further, a credit manager also plays a major role in negotiating payment options, which could include re-structuring payment plans to make them more manageable based on a party's financial capabilities. The credit manager is also responsible for tracking certain accounts and keeping a close eye on those that have gone unpaid for an extended period of time. A credit manager may have different duties depending on the size of the company in which they are employed.

Read More...
Credit Manager Tasks
  • Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.
  • Prepare reports with this credit information for use in decision-making.

About Detroit, Michigan

Wayne County, Michigan
677,124
Male:
319,265 (47.2%)
Female:
357,859 (52.8%)
Detroit (/dᵻˈtrɔɪt/) is the most populous city in the U.S. state of Michigan, the fourth-largest city in the Midwest and the largest city on the United States–Canada border. It is the seat of Wayne County, the most populous county in the state. The municipality of Detroit had a 2015 estimated population of 677,116, making it the 21st-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people and lies at the heart of the Great Lakes Megalopolis area, with around 60 million people. Roughly one-half of Michigan's population lives in Metro Detroit alone. The Detroit–Windsor area, a commercial link straddling the Canada–U.S. border, has a total population of about 5.7 million. Detroit is a major port on the Detroit River, a strait that connects the Great Lakes system to the Saint Lawrence Seaway. The Detroit Metropolitan Airport is among the most important hubs...
Detroit:
$25,980
Michigan:
$51,084
$747
Detroit:
$42,600
Michigan:
$137,500
10.9%

Credit Manager Job Listings

Key Stats for Credit Manager

Gender

Female
57 %
Male
43 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.
1-4 years
9%
10-19 years
64%
20 years or more
27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

1-4 years
9%
10-19 years
64%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 75%
vision benefits
Vision: 25%
no benefits
None: