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Salary Details for a Collections Manager at Sallie Mae

Updated Aug 12, 2021

Total Pay Estimate & Range

$88,616/yr
Total Pay
$60,010/yrBase Pay
$28,606/yrAll Additional PaySee Total Pay Breakdown below

$88,616

 / yr
$56K$144K
Most Likely Range
Possible Range

The estimated total pay for a Collections Manager at Sallie Mae is $88,616 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $60,010 per year. The estimated additional pay is $28,606 per year. Additional pay could include bonus, stock, commission, profit sharing or tips. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

See Total Pay Breakdown below

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Total Pay Breakdown

$88,616

Total Pay

Pay TypePay EstimateMost Likely Range% of Total Pay
Base Pay
$60,010/yr$39K - $92K67.7%
Bonus
$7,750/yr$6K - $11K8.7%
Stock
$7,802/yr$6K - $11K8.8%
Commission
$13,054/yr$10K - $18K14.7%

What are some related job titles for a Collections Manager?

Some related job titles are Accounts Receivable Manager salaries with median pay of $58,513, Collections Specialist salaries with median pay of $52,440, Credit and Collections Manager salaries with median pay of $96,102, Credit Manager salaries with median pay of $86,326.

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Collections Manager
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United States

Sallie Mae Salary FAQs

The average salary for a Collections Manager is $55,236 per year in United States, which is 37% lower than the average Sallie Mae salary of $88,616 per year for this job.

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Sallie Mae Benefits

  • Health Insurance(16 comments)

    The out of pocket cost for family is very high. A single parent/one child option should be offered. I pay the same rate and a married couple with 4 children,

  • 401K Plan(9 comments)

    401k plan is also offered. Good plan

  • Vacation & Paid Time Off(6 comments)

    Awesome paid time off plan

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This month, we recognize two important celebrations commemorating the impactful contributions and groundbreaking achievements of women throughout our history and around the world: Women's History Month and International Women's Day. Each year, the National Women's History Alliance designates a yearly theme for Women's History Month. This year's theme is "Celebrating Women Who Tell Our Stories." In the spirit of storytelling, later this month you'll hear some inspiring anecdotes from some of your colleagues in this month's edition of Voices of Sallie Mae. So, stay tuned for that. Happy Women's History Month and International Women's Day. In honor of all the women who inspire us, we celebrate your contributions, accomplishments, and resiliency today and every day!
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