How much does a Commercial Loan Workout Officer III make?
As of December 01, 2024, the average annual pay of Commercial Loan Workout Officer III in IL is $127,755. While Salary.com is seeing that Commercial Loan Workout Officer III salary in IL can go up to $165,311 or down to $93,560, but most earn between $109,856 and $147,413. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Workout Officer III in the United States.
View Commercial Loan Workout Officer III Salary by Hour, Week, Month, Year
Salary.com provides you with accurate and diversified Commercial Loan Workout Officer III salary data based on specialized databases to help you get a fairer salary.
Click the switch button below to see more details about Commercial Loan Workout Officer III hourly pay, weekly pay, monthly pay and so on.
Last Updated on December 01, 2024
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
| 75th Percentile |
$144,099 |
$12,008 |
$2,771 |
$69 |
| Average |
$124,883 |
$10,407 |
$2,402 |
$60 |
| 25th Percentile |
$107,386 |
$8,949 |
$2,065 |
$52 |
Last Updated on December 01, 2024
View Commercial Loan Workout Officer III Salary by Experience Levels
An entry-level Commercial Loan Workout Officer III with under 1 year experience makes about $119,211.
With less than 2 years of experience, a mid-level Commercial Loan Workout Officer III makes around $120,541.
After 2-4 years, the Commercial Loan Workout Officer III pay rises to about $123,200.
Those senior Commercial Loan Workout Officer III with 5-8 years of experience earn roughly $133,031, and those Commercial Loan Workout Officer III having 8 years or more experience are expected to earn about $138,289 on average.
| Levels |
Salary |
|
Entry Level Commercial Loan Workout Officer III
|
$119,211
|
|
Intermediate Level Commercial Loan Workout Officer III
|
$120,541
|
|
Senior Level Commercial Loan Workout Officer III
|
$123,200
|
|
Specialist Level Commercial Loan Workout Officer III
|
$133,031
|
|
Expert Level Commercial Loan Workout Officer III
|
$138,289
|
$119,211
0 yr
$120,541
< 2 yrs
$123,200
2-4 yrs
$133,031
5-8 yrs
$138,289
> 8 yrs
Last Updated on December 01, 2024
|
Entry Level
|
5%
|
|
Mid Level
|
3%
|
|
Senior Level
|
1%
|
|
Top Level
|
7%
|
|
Experienced
|
11%
|
View as graph
View as table
Last Updated on December 01, 2024
View Commercial Loan Workout Officer III Pay Difference by Location
Commercial Loan Workout Officer III salary varies from city to city.
Compared with national average salary of Commercial Loan Workout Officer III, the highest Commercial Loan Workout Officer III salary is in San Francisco, CA, where the Commercial Loan Workout Officer III salary is 25.0% above.
The lowest Commercial Loan Workout Officer III salary is in Miami, FL, where the Commercial Loan Workout Officer III salary is 3.5% lower than national average salary.
| City, State |
Price |
Compared to national average |
|
San Francisco, CA
|
$156,104 |
|
|
Washington, DC
|
$138,995 |
|
|
Miami, FL
|
$120,512 |
|
|
Chicago, IL
|
$131,002 |
|
|
Boston, MA
|
$139,994 |
|
|
New York, NY
|
$145,863 |
|
