Debt Recovery Manager Salary

The average salary for a Debt Recovery Manager in the UK is:


Job profile for a Debt Recovery Manager

As Debt Recovery Manager I manage my own caseload of debt recovery claims, which involves receiving instructions from clients, checking instructions and working with administration staff for the purpose of preparing letters before action. Conducting proceedings for recovery of the clients’ debt to include negotiations for settlement, obtaining a Court Judgment and/or enforcement of the Court Judgment. Enforcement of Court Judgments. Reporting to clients both orally and in writing throughout the course of the proceedings. Taking instructions from clients. Attending hearings and instructing agents to attend where necessary.Liaising with clients, agents and Courts throughout the course of proceedings. Ensuring Client Service Level Agreements are adhered to (where in place). Preparing monthly reports for clients and ensuring billing is undertaken in accordance with arrangements agreed with clients. Also deal with the recovery of firms debts from clients who fail to pay their bills.

- Debt Recovery Manager Job Profile

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Debt Recovery Manager Salary Comparison

In 2008, the average salary for this job was £30,000.

The average salary in 2011 was £18,000, based on 1 respondents (a difference of 0% from the 2010 figure.

The average salary in 2012 was £22,000, based on 2 respondents (a difference of 22% from the 2011 figure.

The median salary for a Debt Recovery Manager based on all salary survey responses is: £22,000

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About the Salary Survey Data in this survey is based on over 368,000 individual salary records. The date period for which job information was gathered varies, but is usually between 2008 - 2012. For precise date related information, custom reports may be ordered with greater granularity. Working 8 hours a day, 250 days of the year, the data suggests the hourly rate for Debt Recovery Manager is £10.33.

Debt Recovery Manager Salary By UK Region

These figures use non-job specific statistical weighting from our salary data pool and also include for comparison the salaries for a Debt Recovery Manager job in US Dollars based on a recent exchante rate (last rate update 02/05/2013 with a pound to dollar exchange rate 1.56) for comparisons for our international visitors
Salary US Dollars Region
£18187 $28371.72 North West
£22528 $35143.68 London
£16534 $25793.04 Yorkshire and North East
£17981 $28050.36 South West
£21288 $33209.28 South East
£17567 $27404.52 Scotland
£18601 $29017.56 Northern Ireland
£17361 $27083.16 Wales
£19221 $29984.76 Midlands
£17154 $26760.24 East of England

With regard to age and impact on salary for a Debt Recovery Manager, a statistical average weighting (that is based on how salary varies by age and not for a specific job which may vary considerably) suggests these figures: £15,501 for a worker in their 20s, £20,254 (30s), £23,974 (40s) and £23,974 (50s).
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Information on using the salary data and granularity
The average salary figure above for a Debt Recovery Manager is considered to not necessarily be representative across the whole UK market as it is based on less than five respondents with this job title.

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