What is the highest and lowest pay for Vice President of Collections?

As of December 01, 2024, the average annual pay of Vice President of Collections in Gary, IN is $235,900. While Salary.com is seeing that the highest pay for Vice President of Collections in Gary, IN can go up to $339,771 and the lowest down to $161,985, but most earn between $197,210 and $290,270. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Vice President of Collections in the United States.

Vice President of Collections Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $290,270 $24,189 $5,582 $140
Average $235,900 $19,658 $4,537 $113
25th Percentile $197,210 $16,434 $3,793 $95

Average Salary

25% $197,210 10% $161,985 90% $339,771 75% $290,270 $235,900 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Vice President of Collections $211,151
Intermediate Level Vice President of Collections $214,598
Senior Level Vice President of Collections $219,194
Specialist Level Vice President of Collections $226,088
Expert Level Vice President of Collections $234,705
$211,151 0 yr
$214,598 < 2 yrs
$219,194 2-4 yrs
$226,088 5-8 yrs
$234,705 > 8 yrs
Last Updated on December 01, 2024
Entry Level 10%
Mid Level 9%
Senior Level 7%
Top Level 4%
Experienced 1%
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Last Updated on December 01, 2024

Job Openings of Vice President of Collections

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Cost of Living In Gary, IN

Cost of Living in Gary , IN is
-0.7% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Vice President of Collections

What skills does a Vice President of Collections need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

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.

3.

Background Check: A background check or background investigation is a review of a potential employee's criminal, commercial and financial records. The goal of background checks is to ensure the safety and security of the employees in the organisation

Customer Service 5.16%
Law Enforcement 2.78%
Background Check 1.59%
Others 90.47%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Vice President of Collections higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Flexibility, you can get a 24% salary raise. If you are good at Insight, your salary will increase by 20%. If you are expert in Planning, your salary will rise by 20%.
Skill Salary Demand
Flexibility
$292,516
24%
Insight
$283,080
20%
Planning
$283,080
20%
Consumer Loans
$276,003
17%
Accounts Receivable
$273,644
16%
Call Center Management
$273,644
16%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Vice President of Collections is $235,900 per year in Gary, IN, updated at December 01, 2024.
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