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Electronic Payment Manager Salary in Steeleville, IL

How much does an Electronic Payment Manager make in Steeleville, IL?

As of October 01, 2026, the average salary for an Electronic Payment Manager in Steeleville, IL is $106,663 per year, which breaks down to an hourly rate of $51.

However, an Electronic Payment Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $134,835
  • Majority Range (25th-75th percentile): $91,013 to $121,409
  • Entry-Level (10th percentile): $76,766
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Electronic Payment Manager Salaries

An Electronic Payment Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Electronic Payment Manager Salaries?

Experience is a primary driver of an Electronic Payment Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Electronic Payment Administrator I (0-2 years): $59,459
  • Electronic Payment Administrator II (2-4 years): $65,435
  • Electronic Payment Supervisor (3-5 years): $83,445
  • Electronic Payment Manager (5+ years): $106,663
Job Role Years of Experience Average Salary
Electronic Payment Administrator I0-2 years$59,459
Electronic Payment Administrator II2-4 years$65,435
Electronic Payment Supervisor3-5 years$83,445
Electronic Payment Manager5+ years$106,663
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Top Paying Cities for Electronic Payment Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $142,045
  • San Francisco: $140,490
  • Oakland: $137,529

Electronic Payment Manager Salary by Company Size: Startups vs. Enterprise

Electronic Payment Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $119,078. While startup companies pay approximate $100,829.

Electronic Payment Manager Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $100,829
Growth Stage 51~500 $106,614
Established 501~5000 $114,979
Enterprise 5000+ $119,078

Electronic Payment Manager Salary by Industry: Top Paying Sectors

For Electronic Payment Manager roles, the industry you choose can affect earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 10% above the average. In contrast, Electronic Payment Manager positions in Internet or Insurance typically offer lower base pay, as these industries often view Electronic Payment Manager as a support function rather than a direct revenue driver.

The top paying industries for an Electronic Payment Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$123,880$60.010%
Biotechnology$123,880$60.010%
Business Services$123,880$60.010%
Chemicals$123,880$60.010%
Construction$123,880$60.010%

Electronic Payment Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Electronic Payment Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$91,013
Average $106,663/year
$121,409
$7,584
Average $8,889/month
$10,117
$1,750
Average $2,051/week
$2,335
$44
Average $51/hour
$58
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $121,409 $10,117 $2,335 $58
Average $106,663 $8,889 $2,051 $51
25th Percentile $91,013 $7,584 $1,750 $44

Electronic Payment Manager Salary Growth & Career Path

Electronic Payment Manager

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Advancement

For an Electronic Payment Manager, the most direct path to higher earnings is advancing to the Credit and Collections Director role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $150,909 - a projected growth of 41% over your current level.

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Where Does Our Salary Data Come From?

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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