Avg. Base Salary (USD)
The average salary for a Collections Manager is $67,106 in 2025
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What is the Pay by Experience Level for Collections Managers?
What Do Collections Managers Do?
- 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.
How do Collections Managers Rate Their Jobs?
FAQs About Collections Managers
What is the highest pay for Collections Managers?
Our data indicates that the highest pay for a Collections Manager is $97k / year
What is the lowest pay for Collections Managers?
Our data indicates that the lowest pay for a Collections Manager is $48k / year
How can Collections Managers increase their salary?
Increasing your pay as a Collections Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Collections Manager that oversees more junior Collections Managers, this experience can increase the likelihood to earn more.