As of August 01, 2026, the average salary for a Turnaround Manager in Colfax, IA is $160,199 per year, which breaks down to an hourly rate of $77.
However, a Turnaround Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Turnaround 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, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Turnaround 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:
| Levels | Salary |
|---|---|
| Payroll A... Level Turnaround Manager | $102,054 |
| Payroll T... Level Turnaround Manager | $88,333 |
| Payroll S... Level Turnaround Manager | $94,802 |
| Payroll M... Level Turnaround Manager | $110,731 |
| Turnaroun... Level Turnaround Manager | $159,362 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 7.52% |
| Microsoft Office | 2.82% |
| Data Integrity | 1.25% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
ADP Workforce Now
|
$173,015 |
8%
|
|
Oracle
|
$169,811 |
6%
|
|
Payroll Administration
|
$168,209 |
5%
|
|
Collective Bargaining
|
$166,607 |
4%
|
|
Process Management
|
$166,607 |
4%
|
|
Workday
|
$166,607 |
4%
|
For Turnaround 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 Financial Services sectors offer the strongest compensation, at 10% above the average. In contrast, Turnaround Manager positions in Chemicals or Healthcare typically offer lower base pay, as these industries often view Turnaround Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $176,219 | $85.0 | 10% |
| Financial Services | $173,015 | $83.0 | 8% |
| Media | $169,811 | $82.0 | 6% |
| Business Services | $168,209 | $81.0 | 5% |
| MFG Nondurable | $166,607 | $80.0 | 4% |
Understanding how a Turnaround 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 August 01, 2026Ready to take the next step in your career? Browse thousands of current Turnaround Manager job openings on our job board. Use the search bar below to find your perfect match.
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