Recovery Officer Salary in Cedar Point, IL

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How much does a Recovery Officer make in Cedar Point, IL? The average Recovery Officer salary in Cedar Point, IL is $44,098 as of April 24, 2024, but the salary range typically falls between $40,281 and $49,589. Salary ranges 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.

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Salary range for a Recovery Officer

$40,281 to $49,589

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What is a Recovery Officer?

A Recovery Officer is responsible for managing and overseeing the recovery of outstanding debts from individuals or businesses. This role involves contacting debtors to negotiate payment plans, monitoring payment schedules, and taking legal action if necessary. Recovery Officers also work closely with legal and financial teams to ensure compliance with regulations and company policies. Additionally, they may be responsible for maintaining accurate records of all debt recovery activities and providing regular reports to management. Strong communication and negotiation skills, as well as a thorough understanding of debt recovery processes and regulations, are essential for success in this role.

See user submitted job responsibilities for Recovery Officer.

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Job Openings for Recovery Officer in Cedar Point, IL

Senior Asset Recovery Officer

Nmble - Miami , FL

Our client in Miami is looking for a Sr. Asset Recovery Loan Officer to join their team. The ideal candidate will have proven experience and growth in Asset Recovery, Lending and Loan Workout. Strong ...

LinkedIn - 9 days ago

Chief Financial Officer

Recovery Consultants of Atlanta - Tucker , GA

Join our team at Recovery Consultants of Atlanta as the Chief Financial Officer and contribute your expertise to a dynamic non-profit organization dedicated to making a difference in the community

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 7 days ago

Chief Executive Officer - New View Recovery

Arrow Consulting - Salem , MA

The Chief Executive Officer of New View Recovery Center in Salem, MA, plays a pivotal role in shaping the future and identity of this detox and residential substance use treatment center. This ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 20 days ago

Case Manager - Detox Program

Santa Fe Recovery Center, Inc - Santa Fe , NM

The Case Manager will report to the Chief Prevention and Recovery Officer. This position works as part of the interdisciplinary team to facilitate and coordinate clients' continuum of care activities ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 21 days ago

Armed Security Officer

Hide and Seek Recovery - Fort Worth , TX

Salary: $20 - $25 Part-time Armed Security Officer HNS Recovery, a leading asset protection and recovery firm, is currently seeking a dedicated and vigilant Part-time Armed Security Officer for our ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 45 days ago

Chief Medical Officer - Behavioral Health and Addiction Recovery

Talent Works - Yakima , WA

As the CMO, you will be responsible for overseeing the medical operations of our organization. Under the general supervision and collaborative leadership of the Chief Executive Officer (CEO), the ...

LinkedIn - 3 days ago

What does a Recovery Officer do?

Common responsibilities of a Recovery Officer

Developing and implementing policies and procedures to minimize the risk of non-payment and improve recovery rates.

September 10, 2023

Monitoring and tracking overdue accounts to ensure timely recovery of outstanding debts.

September 20, 2023

Contacting customers who have defaulted on their payments to negotiate repayment plans.

October 04, 2023

Investigating and resolving customer queries and disputes related to outstanding payments.

October 07, 2023

Updating and maintaining accurate records of customer interactions and payment arrangements.

October 11, 2023

Liaising with legal and collection agencies to initiate legal action or repossession of assets in case of non-payment.

October 18, 2023

Conducting financial assessments and risk analysis to determine the likelihood of successful debt recovery.

October 29, 2023

Collaborating with other departments such as sales, customer service, and finance to identify and address potential issues that may lead to non-payment.

November 10, 2023

Analyzing and reporting on the effectiveness of recovery strategies and making recommendations for improvement.

November 16, 2023

Providing regular updates to management on the status of overdue accounts and recovery efforts.

November 18, 2023

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Recovery Officer Salary By Experience Levels in Cedar Point, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Recovery Officer Salary By Level of Education in Cedar Point, IL

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LEVEL OF EDUCATION

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Average Salary Range for Recovery Officer in Cedar Point, IL

Average Base Salary

Core compensation

40281

49589

44098

Average Total Cash Compensation

Includes base and annual incentives

41341

51264

45554

What is the average salary for Recovery Officer in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Recovery Officer in Cedar Point, IL. The base salary for Recovery Officer ranges from $40,281 to $49,589 with the average base salary of $44,098. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $41,341 to $51,264 with the average total cash compensation of $45,554.

View Average Salary for Recovery Officer as table

	Average Salary	Average Salary Range
Base Salary	$44,098	$40,281 - $49,589
Bonus	$1,456	$1,061 - $1,674
Total Pay	$45,554	$41,341 - $51,264

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Recovery Officer Salary Near Cedar Point, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Cedar Point, IL
CITY, STATE Peoria, IL	AVERAGE SALARY RANGE $40,698 - $50,103	COMPARE TO Cedar Point, IL
CITY, STATE Normal, IL	AVERAGE SALARY RANGE $40,363 - $49,691	COMPARE TO Cedar Point, IL
CITY, STATE Bloomington, IL	AVERAGE SALARY RANGE $40,251 - $49,553	COMPARE TO Cedar Point, IL
CITY, STATE Joliet, IL	AVERAGE SALARY RANGE $43,320 - $53,331	COMPARE TO Cedar Point, IL
CITY, STATE Aurora, IL	AVERAGE SALARY RANGE $44,072 - $54,257	COMPARE TO Cedar Point, IL
CITY, STATE Bolingbrook, IL	AVERAGE SALARY RANGE $43,482 - $53,531	COMPARE TO Cedar Point, IL

See salaries for Recovery Officer in locations close to Cedar Point, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Cedar Point, Illinois

Cedar Point is a village in LaSalle County, Illinois, United States. The population was 277 at the 2010 census, up from 262 in 2000. It is part of the Ottawa–Streator Micropolitan Statistical Area. North of town was the Cedar Point Mine, which operated from 1906 to 1924. Cedar Point is located at 41°15′46″N 89°07′35″W / 41.262792°N 89.126476°W / 41.262792; -89.126476. According to the 2010 census, Cedar Point has a total area of 1.02 square miles (2.64 km2), all land....

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Recovery Officer in Cedar Point, IL

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Debt Recovery Officer	LOCATION Cedar Point, IL	MINIMUM SALARY $44,369	MAXIMUM SALARY $52,925
JOB TITLE Credit Recovery Officer	LOCATION Cedar Point, IL	MINIMUM SALARY $56,546	MAXIMUM SALARY $77,129
JOB TITLE Recovery Nurse	LOCATION Cedar Point, IL	MINIMUM SALARY $82,790	MAXIMUM SALARY $103,790
JOB TITLE Recovery Coordinator	LOCATION Cedar Point, IL	MINIMUM SALARY $69,960	MAXIMUM SALARY $84,335
JOB TITLE Recovery Analyst	LOCATION Cedar Point, IL	MINIMUM SALARY $30,330	MAXIMUM SALARY $37,574
JOB TITLE Recovery Manager	LOCATION Cedar Point, IL	MINIMUM SALARY $133,009	MAXIMUM SALARY $159,333

The Recovery Officer job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Cedar Point, IL that might be a good fit for the type of job and salary you are looking for.

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40281

49589

About Cedar Point, Illinois Cedar Point is a village in LaSalle County, Illinois, United States. The population was 277 at the 2010 census, up from 262 in 2000. It is part of the....More

Cedar Point, Illinois area prices were up 1.3% from a year ago

Recovery Officer Salary in popular cities: Chicago, Aurora, Rockford

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