Average Collections Manager Salary

$67,106
Avg. Base Salary (USD)
10%
$48k
MEDIAN
$67k
90%
$97k

The average salary for a Collections Manager is $67,106 in 2025

Base Salary
$48k - $97k
Bonus
$1k - $16k
Profit Sharing
$0 - $4k
Commission
$540 - $17k
Total Pay
$39k - $99k
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What is the Pay by Experience Level for Collections Managers?

What Do Collections Managers Do?

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.
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How do Collections Managers Rate Their Jobs?

3.8 out of 5
(40)
Highly Satisfied
25Reviews
Based on 40 responses, the job of Collections Manager has received a job satisfaction rating of 3.82 out of 5. On average, Collections Managers are highly satisfied with their job.

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.