How Much Does a Restructuring Manager Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Restructuring Manager in Illinois is $60,372. While Salary.com is seeing that Restructuring Manager salary in IL can go up to $73,680 or down to $48,930, but most earn between $54,383 and $67,338. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Restructuring Manager
Loan Restructuring Officer
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Loan Restructuring Officer I
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Loan Restructuring Officer II
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Loan Restructuring Officer III
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Similar Job Salaries to Restructuring Manager by Company

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Company average base salary in (usd) range
Alvarez & Marsal
Director, Restructuring
$150,586/yr
$136,157
$165,016
RANGE: $136,157 - $165,016
Business Contract Technologies
Associate restructuring SC
$91,873/yr
$81,266
$102,480
RANGE: $81,266 - $102,480
plantemoran
Restructuring Consulting Principal
$100,594/yr
$91,483
$109,704
RANGE: $91,483 - $109,704
Atticus Recruiting Inc
Bankruptcy/Restructuring Associate Attorney
$149,971/yr
$134,907
$165,036
RANGE: $134,907 - $165,036
Plante & Moran, PLLC
Restructuring Consulting Principal
$106,288/yr
$96,157
$116,418
RANGE: $96,157 - $116,418
Advocates Legal Recruiting
Associate - Business Restructuring
$136,139/yr
$122,637
$149,641
RANGE: $122,637 - $149,641
Tripoint Search
Business Development Manager (Restructuring)
$144,975/yr
$128,254
$161,696
RANGE: $128,254 - $161,696
Simpson Thacher and Bartlett LLP
Manager, Business Development - Restructuring
$122,148/yr
$107,483
$136,814
RANGE: $107,483 - $136,814
Mondrian Alpha
Asset Manager - Workout & Restructuring
$98,651/yr
$87,225
$110,077
RANGE: $87,225 - $110,077
Dentons
Restructuring, Insolvency & Bankruptcy Staff Associate
$174,779/yr
$153,472
$196,087
RANGE: $153,472 - $196,087

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Top 10 Highest Paying Cities For Restructuring Manager Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Restructuring Manager can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Restructuring Manager job salaries in Illinois. Some cities can pay higher salaries for Restructuring Manager jobs, which can indicate that there is a large demand for Restructuring Manager positions in this city.
The following table shows top 10 cities where the Restructuring Manager salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Restructuring Manager salary is $61,207 in Chicago, which is higher than the national average. There are 20 cities' Restructuring Manager salary higher than national average in Illinois.
The average salary for a Restructuring Manager in Illinois is $60,372, but we found that the city with the highest salary for Restructuring Manager jobs is Chicago, IL, and it is higher than Cicero. Restructuring Manager jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $61,207 $5,101 $1,177 $29
Cicero $61,207 $5,101 $1,177 $29
Oak Park $61,207 $5,101 $1,177 $29
Evanston $61,183 $5,099 $1,177 $29
Skokie $61,183 $5,099 $1,177 $29
Oak Lawn $61,136 $5,095 $1,176 $29
Des Plaines $61,041 $5,087 $1,174 $29
Mount Prospect $60,994 $5,083 $1,173 $29
Aurora $60,733 $5,061 $1,168 $29
Hoffman Estates $60,680 $5,057 $1,167 $29

What Does a Restructuring Manager Do?

As a (Senior) Manager in the Restructuring Services team, you will work with senior experts in the field of restructuring and transaction services and will mainly focus on:.
Updated December 21, 2021
As experienced restructuring managers (CROs), we are specialists who combine both management and restructuring expertise in one person.
Updated December 20, 2021
With this summary, employees, managers, collective bargaining representatives, and others will have an overview of both the agency's and its employees' rights in a restructuring situation.
Updated December 14, 2021
Our managing directors or managers assuming and conducting the administrative CRO function (a restructuring management, a restructuring executive committee) - also in self-administration or in the protection shield procedure.
Updated November 29, 2021
Conscious assumption by the restructuring manager of the managing director’s constantly increased liability risk in a corporate crisis as a sign of commitment to the restructuring process.
Updated November 06, 2021

Frequently Asked Questions About a Restructuring Manager Salaries

What is the average of a Restructuring Manager in Illinois?

The Restructuring Manager salary range is from $54,383 to $67,338, and the average Restructuring Manager salary is $60,372/year in Illinois. The Restructuring Manager's salary will change in different locations.

Which location pays the highest Restructuring Manager salary in the United States?

The Restructuring Manager salary in San Jose, CA is $74,705 which is the highest in the US.

What kinds of reasons will influence the Restructuring Manager's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Restructuring Manager.

What is the growth rate of the Restructuring Manager's salary?

If you are thinking of becoming a Restructuring Manager or planning the next step in your career, find the detailed salary report of a Restructuring Manager.