As of July 01, 2026, the average salary for a Turnaround Manager in Indiana is $158,778 per year, which breaks down to an hourly rate of $76.
However, a Turnaround Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Turnaround Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $170,048 | $14,171 | $3,270 | $82 |
| Average | $158,778 | $13,232 | $3,053 | $76 |
| 25th Percentile | $146,125 | $12,177 | $2,810 | $70 |
Berkeley Research Group, LLC - BOSTON, MA
Berkeley Research Group, LLC - BOSTON, MA
Beau Jo's Management Company - EVERGREEN, CO
Berkeley Research Group, LLC - BOSTON, MA
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 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 | $101,140 |
| Payroll T... Level Turnaround Manager | $87,541 |
| Payroll S... Level Turnaround Manager | $93,963 |
| Payroll M... Level Turnaround Manager | $109,750 |
| Turnaroun... Level Turnaround Manager | $157,949 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Turnaround Managers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
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 | $174,656 | $84.0 | 10% |
| Financial Services | $171,480 | $82.0 | 8% |
| Media | $168,305 | $81.0 | 6% |
| Business Services | $166,717 | $80.0 | 5% |
| MFG Nondurable | $165,129 | $79.0 | 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $170,048 | $14,171 | $3,270 | $82 |
| Average | $158,778 | $13,232 | $3,053 | $76 |
| 25th Percentile | $146,125 | $12,177 | $2,810 | $70 |
Ready 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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