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Average Credit and Collection Manager Salary in United Kingdom for 2026

A credit and collection manager in United Kingdom earns about 102,700 GBP a year. That's 47% above the national average of 69,700 GBP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United Kingdom sit around 52,300 GBP a year, while the very top stretches to 156,200 GBP. Everything on this page is in British pound (GBP, symbol £), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United Kingdom, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United Kingdom into a take-home figure, use our United Kingdom salary after tax calculator, which works the latest tax brackets and contributions through the math for you.

How much does a credit and collection manager make in United Kingdom?

Average salary
102,700 GBP
8,558 GBP per month
Lowest reported
52,300 GBP
4,358 GBP per month
Highest reported
156,200 GBP
13,016 GBP per month

A typical credit and collection manager working in United Kingdom brings home around 8,558 GBP a month before tax. Entry-level pay starts near 52,300 GBP, and the top of the ladder reaches roughly 156,200 GBP for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior credit and collection manager working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the credit and collection manager salary in Guernsey or Jersey, both of which pay in the same currency.

How credit and collection manager pay ranges in United Kingdom

A good way to think about salary in United Kingdom is to look at the distribution rather than the headline average. Half of all credit and collection managers in United Kingdom earn less than 97,300 GBP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 69,700 GBP (the 25th percentile), and a quarter clear 124,500 GBP (the 75th percentile). The middle 50% of credit and collection managers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 52,300 GBP. The highest stretch to 156,200 GBP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

52,300
Low
97,300
Median
156,200
High
69,700
25th
124,500
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in GBP

Credit and collection manager pay by experience in United Kingdom

Years of experience is the single biggest lever on pay for a credit and collection manager in United Kingdom, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical credit and collection manager salary changes as you move through the career ladder.

  • 0-2 Years
    58,800 GBP
  • 2-5 Years
    +37% from previous
    80,300 GBP
  • 5-10 Years
    +34% from previous
    107,300 GBP
  • 10-15 Years
    +19% from previous
    127,600 GBP
  • 15-20 Years
    +11% from previous
    141,000 GBP
  • 20+ Years
    +5% from previous
    148,300 GBP

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 37%. That is the point at which a credit and collection manager typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Credit and collection manager pay by education in United Kingdom

Education sits alongside experience as one of the biggest factors driving credit and collection manager pay in United Kingdom. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average credit and collection manager salary in United Kingdom broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    70,600 GBP
  • Bachelor's Degree
    +55% from previous
    109,700 GBP
  • Master's Degree
    +40% from previous
    153,700 GBP

Credit and collection manager gender pay gap in United Kingdom

The gender pay gap is a stubborn feature of almost every labour market, and United Kingdom is no exception. Male credit and collection managers in United Kingdom earn an average of 105,800 GBP a year, while female credit and collection managers earn around 99,700 GBP. That works out to a 6% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Credit and Collection Manager gender pay gap

6%

Men earn this much more than women on average in United Kingdom.

Men 105,800 GBP
Women 99,700 GBP

Pay raises for a credit and collection manager in United Kingdom

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United Kingdom sees a raise of about 13% every 15 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United Kingdom, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in United Kingdom:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Credit and collection manager bonus rates in United Kingdom

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

81%

81% of credit and collection managers in United Kingdom reported a bonus of some kind in the past twelve months. That makes a credit and collection manager a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 6% to 8% of base salary. The remaining 19% of credit and collection managers reported no bonus at all over the same period.

Which careers pay bonuses in United Kingdom

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Credit and collection manager: public vs private sector pay

Public-sector pay in United Kingdom is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United Kingdom on average.

Public sector 72,700 GBP
Private sector 68,200 GBP

Credit and collection manager salary by city and region in United Kingdom

Credit and collection manager pay is not even across United Kingdom. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • England
  • Scotland
  • Liverpool
  • Glasgow
  • Coventry
  • Nottingham
  • Sheffield
  • Birmingham
  • Leeds
  • Edinburgh
LocationTypeAverageMedianRange
EnglandRegion199,700 GBP190,400 GBP102,700-302,100 GBP
ScotlandRegion134,700 GBP141,000 GBP63,400-212,500 GBP
LiverpoolCity117,100 GBP117,100 GBP59,500-184,700 GBP
GlasgowCity115,600 GBP108,200 GBP63,100-177,100 GBP
CoventryCity114,900 GBP105,800 GBP61,600-172,300 GBP
NottinghamCity114,600 GBP115,600 GBP55,600-175,100 GBP
SheffieldCity114,600 GBP109,000 GBP59,800-172,300 GBP
BirminghamCity114,300 GBP123,800 GBP54,600-183,600 GBP
LeedsCity112,700 GBP107,300 GBP58,600-171,300 GBP
EdinburghCity112,700 GBP114,300 GBP53,600-176,300 GBP
BradfordCity112,700 GBP108,200 GBP57,900-172,300 GBP
LeicesterCity111,700 GBP114,600 GBP55,600-172,300 GBP
LondonCity111,700 GBP119,700 GBP51,100-175,200 GBP
BrightonCity111,700 GBP115,600 GBP52,000-176,300 GBP
SomersetCity109,700 GBP109,700 GBP55,100-168,700 GBP
BristolCity109,700 GBP105,800 GBP58,600-166,600 GBP
PortsmouthCity109,000 GBP114,300 GBP49,800-171,300 GBP
NewcastleCity109,000 GBP114,900 GBP51,600-169,700 GBP
WolverhamptonCity109,000 GBP114,300 GBP49,800-171,300 GBP
ManchesterCity108,200 GBP109,000 GBP57,000-169,700 GBP
SwanseaCity107,700 GBP114,600 GBP49,800-167,100 GBP
YorkCity107,700 GBP105,800 GBP53,800-163,500 GBP
SouthamptonCity107,700 GBP111,700 GBP49,700-166,600 GBP
ArmaghCity107,300 GBP112,700 GBP49,200-166,600 GBP
CardiffCity107,300 GBP107,300 GBP54,300-163,500 GBP
PlymouthCity107,300 GBP98,800 GBP57,900-158,700 GBP
Kingston upon HullCity105,200 GBP109,000 GBP51,500-163,500 GBP
PooleCity103,600 GBP103,600 GBP50,000-156,200 GBP
LincolnCity103,600 GBP93,300 GBP55,700-152,900 GBP
DerbyCity103,600 GBP103,600 GBP49,300-158,900 GBP
BelfastCity102,700 GBP99,900 GBP52,800-158,900 GBP
GloucesterCity101,400 GBP105,800 GBP48,600-156,200 GBP
NorwichCity99,700 GBP98,100 GBP51,500-152,700 GBP
PeterboroughCity99,700 GBP103,600 GBP49,300-156,200 GBP
AberdeenCity98,900 GBP105,800 GBP48,600-156,200 GBP
HartlepoolCity98,900 GBP94,400 GBP53,300-153,800 GBP
ExeterCity98,000 GBP98,100 GBP50,700-153,800 GBP
DundeeCity98,000 GBP95,100 GBP49,700-151,800 GBP
NewportCity98,000 GBP107,300 GBP46,300-156,200 GBP
ChesterCity97,600 GBP98,700 GBP45,300-151,800 GBP
NewryCity97,300 GBP99,700 GBP46,700-152,700 GBP
WalesRegion97,100 GBP102,700 GBP45,600-152,700 GBP
OxfordCity97,100 GBP92,100 GBP51,400-146,900 GBP
CambridgeCity95,400 GBP98,900 GBP46,400-151,800 GBP
DerryCity95,100 GBP98,700 GBP44,200-146,900 GBP
InvernessCity95,100 GBP98,800 GBP45,900-146,900 GBP
StirlingCity94,800 GBP94,800 GBP48,200-146,700 GBP
LisburnCity93,800 GBP88,400 GBP49,800-140,200 GBP
BangorCity92,900 GBP86,800 GBP49,100-142,100 GBP
TruroCity92,600 GBP90,000 GBP49,700-142,300 GBP
SalisburyCity92,300 GBP96,600 GBP44,300-142,300 GBP
CanterburyCity92,200 GBP87,500 GBP50,000-140,700 GBP
DurhamCity92,100 GBP100,300 GBP40,300-147,900 GBP
WakefieldCity92,000 GBP91,600 GBP45,600-142,100 GBP
WinchesterCity91,600 GBP91,600 GBP45,000-142,300 GBP
Northern IrelandRegion91,000 GBP83,800 GBP48,600-137,100 GBP
StrontianCity89,800 GBP87,000 GBP46,400-137,100 GBP
WellsCity87,700 GBP79,000 GBP48,200-130,500 GBP
StromnessCity86,600 GBP93,600 GBP41,700-140,700 GBP
St DavidsCity86,600 GBP86,600 GBP44,500-134,700 GBP
AbingdonCity86,100 GBP78,700 GBP46,200-130,500 GBP
RiponCity83,900 GBP84,800 GBP45,200-130,400 GBP
KirkwallCity83,700 GBP78,900 GBP45,600-127,600 GBP

Credit and Collection Manager in United Kingdom: FAQs

  • How much does a credit and collection manager make per month in United Kingdom?

    A credit and collection manager in United Kingdom earns about 8,558 GBP a month before tax, based on an annual average of 102,700 GBP.

  • What's the salary range for a credit and collection manager in United Kingdom?

    Entry-level credit and collection managers in United Kingdom start near 52,300 GBP. Top-end pay reaches around 156,200 GBP. The middle 50% of earners sit between 69,700 and 124,500 GBP.

  • Is the median credit and collection manager salary in United Kingdom higher or lower than the average?

    The median is 97,300 GBP, lower than the average of 102,700 GBP. Half of credit and collection managers in United Kingdom earn below the median, half earn above it.

  • What's the gender pay gap for credit and collection managers in United Kingdom?

    Men working as a credit and collection manager in United Kingdom earn around 6% more than women on average (105,800 vs 99,700 GBP a year).

  • Do credit and collection managers in United Kingdom get bonuses?

    About 81% of credit and collection managers in United Kingdom reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 8% of base salary.

  • Do credit and collection managers earn more in the public or private sector in United Kingdom?

    In United Kingdom, the public sector pays a credit and collection manager about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do credit and collection managers in United Kingdom get a pay raise?

    A credit and collection manager in United Kingdom sees a raise of around 13% every 15 months, equivalent to roughly 10% a year.