Recovery Officer Salary in Cedar Point, IL

Change City

How much does a Recovery Officer make in Cedar Point, IL? The average Recovery Officer salary in Cedar Point, IL is $44,206 as of May 28, 2024, but the salary range typically falls between $40,378 and $49,714. 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.

Search Recovery Officer Jobs in Cedar Point, IL

Develop a Job description

Pay Equity

Salary range for a Recovery Officer

$40,378 to $49,714

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Recovery Officer Salary:
Select State
Select City in IL
Choose Similar Job
Pick Related Category
View Cost of Living in Cedar Point, Illinois

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

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.

Search Recovery Officer Job Openings

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 - 33 days ago

CHIEF FINANCIAL OFFICER (CFO)

Nexus Recovery Center - Dallas , TX

Nexus Family Recovery Center, located in Dallas, TX, is seeking an experienced Chief Financial Officer (CFO) to join our team! This on-site position will be responsible for financial strategy ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 3 days ago

Consumer Special Assets Officer

F&M Trust - Chambersburg , PA

ABOUT THE ROLE F&M Trust is seeking a Special Assets Officer following the promotion of the ... This role is responsible for performing loss mitigation and recovery activities regarding ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 12 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 - 31 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 - 45 days ago

Chief Executive Officer

Las Cruces Recovery Center - Las Cruces , NM

*Experience in a CEO/ COO/ Executive Director position in an inpatient addiction treatment facility is required* Summit BHC is opening a new addiction treatment facility in Las Cruces, NM in the fall ...

LinkedIn - 27 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

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Recovery Officer Salary By Experience Levels in Cedar Point, IL

How much should you be earning in Recovery Officer in Cedar Point, IL based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Recovery Officer in Cedar Point, IL

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

Do you know how much should you be paid for a Recovery Officer position in Cedar Point, IL based on your education level?

Tell us about your education and see an estimate of earnings for Recovery Officer in Cedar Point, IL and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Recovery Officer in Cedar Point, IL

Average Base Salary

Core compensation

40378

49714

44206

Average Total Cash Compensation

Includes base and annual incentives

41441

51388

45668

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 $40,378 to $49,714 with the average base salary of $44,206. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $41,441 to $51,388 with the average total cash compensation of $45,668.

View Average Salary for Recovery Officer as table

	Average Salary	Average Salary Range
Base Salary	$44,206	$40,378 - $49,714
Bonus	$1,462	$1,064 - $1,674
Total Pay	$45,668	$41,441 - $51,388

* 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 $40,796 - $50,229	COMPARE TO Cedar Point, IL
CITY, STATE Normal, IL	AVERAGE SALARY RANGE $40,460 - $49,816	COMPARE TO Cedar Point, IL
CITY, STATE Bloomington, IL	AVERAGE SALARY RANGE $40,348 - $49,678	COMPARE TO Cedar Point, IL
CITY, STATE Joliet, IL	AVERAGE SALARY RANGE $43,424 - $53,465	COMPARE TO Cedar Point, IL
CITY, STATE Aurora, IL	AVERAGE SALARY RANGE $44,178 - $54,394	COMPARE TO Cedar Point, IL
CITY, STATE Bolingbrook, IL	AVERAGE SALARY RANGE $43,587 - $53,666	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

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Debt Recovery Officer	LOCATION Cedar Point, IL	MINIMUM SALARY $44,457	MAXIMUM SALARY $53,030
JOB TITLE Credit Recovery Officer	LOCATION Cedar Point, IL	MINIMUM SALARY $56,690	MAXIMUM SALARY $77,329
JOB TITLE Recovery Nurse	LOCATION Cedar Point, IL	MINIMUM SALARY $82,990	MAXIMUM SALARY $103,990
JOB TITLE Recovery Coordinator	LOCATION Cedar Point, IL	MINIMUM SALARY $70,134	MAXIMUM SALARY $84,549
JOB TITLE Recovery Analyst	LOCATION Cedar Point, IL	MINIMUM SALARY $30,398	MAXIMUM SALARY $37,662
JOB TITLE Recovery Manager	LOCATION Cedar Point, IL	MINIMUM SALARY $133,550	MAXIMUM SALARY $160,896
JOB TITLE Tissue Recovery	LOCATION Cedar Point, IL	MINIMUM SALARY $40,378	MAXIMUM SALARY $49,714
JOB TITLE Recovery Driver	LOCATION Cedar Point, IL	MINIMUM SALARY $37,632	MAXIMUM SALARY $48,590
JOB TITLE Recovery Specialist	LOCATION Cedar Point, IL	MINIMUM SALARY $36,615	MAXIMUM SALARY $47,798
JOB TITLE Recovery Assistant	LOCATION Cedar Point, IL	MINIMUM SALARY $84,063	MAXIMUM SALARY $101,311
JOB TITLE Recovery Agent	LOCATION Cedar Point, IL	MINIMUM SALARY $28,279	MAXIMUM SALARY $36,909

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.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

40378

49714

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

Recently searched related titles: Credit Repair Specialist

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Recovery Officer : Junior Seo, Mortgage Sales, Light Rail Operator