As of March 01, 2025, the average annual salary for an Entry Loan Workout Officer in Salem, OR is $73,600. According to Salary.com, salaries can range from a low of $58,507 to a high of $99,009, with most professionals earning between $65,700 and $86,900.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $86,900 | $7,242 | $1,671 | $42 |
| Average | $73,600 | $6,133 | $1,415 | $35 |
| 25th Percentile | $65,700 | $5,475 | $1,263 | $32 |
An entry-level Entry Loan Workout Officer with under 1 year experience makes about $71,621. With less than 2 years of experience, a mid-level Entry Loan Workout Officer makes around $72,556. After 2-4 years, the Entry Loan Workout Officer pay rises to about $75,146. Those senior Entry Loan Workout Officer with 5-8 years of experience earn roughly $76,716, and those Entry Loan Workout Officer having 8 years or more experience are expected to earn about $77,109 on average.
| Levels | Salary |
|---|---|
| Entry Level Entry Loan Workout Officer | $71,621 |
| Intermediate Level Entry Loan Workout Officer | $72,556 |
| Senior Level Entry Loan Workout Officer | $75,146 |
| Specialist Level Entry Loan Workout Officer | $76,716 |
| Expert Level Entry Loan Workout Officer | $77,109 |
| Entry Level | 3% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 4% |
| Experienced | 5% |
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Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
Law Enforcement: Law enforcement is any system by which some members of society act in an organized manner to enforce the law by discovering, deterring, rehabilitating, or punishing people who violate the rules and norms governing that society. Although the term encompasses entities such as courts and prisons, it is most frequently applied to those who directly engage in patrols or surveillance to dissuade and discover criminal activity, and those who investigate crimes and apprehend offenders, a task typically carried out by the police or another law enforcement organization. Furthermore, although law enforcement may be most concerned with the prevention and punishment of crimes, organizations exist to discourage a wide variety of non-criminal violations of rules and norms, effected through the imposition of less severe consequences.
| Skill | Salary | Demand |
|---|---|---|
|
Accounting
|
$81,696 |
11%
|
|
Commercial Loans
|
$81,696 |
11%
|
|
Commercial Loans
|
$81,696 |
11%
|
|
Commercial Loans
|
$81,696 |
11%
|
|
Commercial Loans
|
$81,696 |
11%
|
