The national average salary for a Collections Manager in the U.S. is $56,246 annually or $27.04 hourly.If you are in the top 10 percent, you will make over $99,000; however, if you are in the bottom 10 percent, you will earn less than $31,000 per year.Employers that have the highest concentration of job opportunities for Collections Managers are Professional companies and Finance companies.Some of the states with the best Collections Manager salaries are New York, Delaware, New Jersey, District of Columbia, and Maryland.The typical employment in the position spans 3.9 years.
The national average salary for a Collections Manager in the United States is $56,246 per year or $27.04 per hour.The city with the highest Collections Manager salary is New York, NY at $96,618 per year.The average starting salary in New York, NY for Collections Managers is $47,000.New York, Delaware, New Jersey, District of Columbia, and Maryland are the states with the highest payscale for Collections Managers.The lowest earning states are Wyoming, Maine, Nevada, Utah, and Vermont.
If you are a Collections Manager, you can expect good job security. However, keep in mind that some industries pay better than others.Most Collections Manager jobs are in Professional companies and Professional companies.BNP Paribas and Citi are the highest paying companies.If you can find a job at a company like Elmira Savings Bank or North Shore Univ Hospital, they also offer very competitive salaries to their Collections Managers.
The type of industry that a Collections Manager works in can influence their earning potential.By looking at our data, we can see that Utilities companies, Finance companies, and Manufacturing companies pay their Collections Managers well.Salaries for Collections Managers in Utilities companies average $63,188 annually, while Finance companies and Manufacturing companies pay $58,051 and $55,360, respectively.At $49,776, the average salary for Collections Managers in the Energy industry is lower than other industries.