How much does a Vice President of Collections make hourly at companies like ESPEY MFG & ELECTRONICS CORP in the United States? The average hourly wage for a Vice President of Collections at companies like ESPEY MFG & ELECTRONICS CORP in the United States is $96 as of March 26, 2024, but the range typically falls between $82 and $117. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
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The Vice President of Collections ensures all collections policies are followed. Develops overall corporate policies regarding collections of overdue/delinquent accounts. Being a Vice President of Collections may work with legal counsel or outside collections agencies to handle overdue accounts. Monitors collections activities and provides recommendations for improvement. In addition, Vice President of Collections may require an advanced degree. Typically reports to top management. The Vice President of Collections manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)
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