Average Experienced Collections Manager with Strategic Planning Skills Salary

$62,147
Avg. Base Salary (USD)
10%
$45k
MEDIAN
$62k
90%
$111k

The average salary for a Collections Manager is $62,147 in 2025

Base Salary
$45k - $111k
Bonus
$585 - $17k
Total Pay
$45k - $111k
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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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FAQs About Collections Managers

What is the highest pay for Collections Managers?

Our data indicates that the highest pay for a Collections Manager is $111k / year

What is the lowest pay for Collections Managers?

Our data indicates that the lowest pay for a Collections Manager is $45k / 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.