Average Credit and Collections Manager Salary in Saltillo, Mexico for 2026

In this article, we will look at the average Credit and Collections Manager salary for 2026 in Saltillo and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does a Credit and Collections Manager Make in Saltillo?

A Credit and Collections Manager working in Saltillo will typically earn around 728,500 MXN per year, and this can range from the lowest average salary of about 335,800 MXN to the highest average salary of 1,161,000 MXN.

Average Annual Salary728,500 MXN
Average Monthly Salary60,708 MXN
Average Lowest Salary335,800 MXN
Lowest Monthly Salary27,983 MXN
Average Highest Salary1,161,000 MXN
Highest Monthly Salary96,750 MXN

These are average salaries for a Credit and Collections Manager in Saltillo and include benefits such as housing and transport. It's also possible for a Credit and Collections Manager to earn more or less than the average salaries shown above.

Credit and Collections Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Credit and Collections Manager Salaries in Saltillo

So we've looked at the average salaries a Credit and Collections Manager will earn in Saltillo. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Credit and Collections Manager can earn between 335,800 MXN and 1,161,000 MXN on average in Saltillo. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Credit and Collections Manager in Saltillo is 786,600 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 786,600 MXN, and 50% of the population earn more than 786,600 MXN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Credit and Collections Manager salary in Saltillo, 25% of the population are earning less than 504,500 MXN while 75% of the population earn more than 504,500 MXN.

75% of the population earn less than 1,051,400 MXN, and 25% of the population earn more than 1,051,400 MXN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Credit and Collections Manager Salary by Experience Level in Saltillo

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Credit and Collections Manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Credit and Collections Manager in Saltillo that has less than two years of experience can expect to earn somewhere in the region of 383,300 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Credit and Collections Manager salary would increase to 510,000 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Credit and Collections Manager, the average salary would be 751,700 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 917,700 MXN.
  • 15 - 20 Years Experience. A Credit and Collections Manager with 15 to 20 years of experience can earn an average of 998,400 MXN.
  • 20+ Years Experience. For a Credit and Collections Manager with more than 20 years, the expected average salary increases to 1,083,500 MXN.

Average Salary by Experience Chart

0-2 Years-
383,300 MXN
2-5 Years+34%
510,000 MXN
5-10 Years+48%
751,700 MXN
10-15 Years+22%
917,700 MXN
15-20 Years+9%
998,400 MXN
20+ Years+8%
1,083,500 MXN

Credit and Collections Manager Salary by Education Level in Saltillo

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Credit and Collections Manager in Saltillo based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Credit and Collections Manager in Saltillo with a bachelor's degree education can earn an average salary of 442,300 MXN.
  • Master's Degree. A Credit and Collections Manager in Saltillo with a master's degree education can earn an average salary of 854,300 MXN.

Average Salary by Education Chart

Bachelor's Degree-
442,300 MXN
Master's Degree+93%
854,300 MXN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mexico is around 166,000 to 498,000 MXN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Credit and Collections Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Saltillo, a male credit and collections manager will earn an average of 653,200 MXN, while a female credit and collections manager will earn around 562,200 MXN.

This means that a male credit and collections manager earns approximately 16% more than a female credit and collections manager for performing the same job.

Average Salary by Gender Chart in Saltillo

Male-
653,200 MXN
Female-16%
562,200 MXN

Credit and Collections Manager Average Pay Raise in Saltillo

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Credit and Collections Manager in Saltillo is around 13% every 18 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 18 ) × 12  = 9%

What this means is that a Credit and Collections Manager in Saltillo can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Saltillo for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mexico.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
4%
Energy-
8%
Information Technology-
3%
Healthcare-
7%
Travel-
2%
Construction-
6%
Education-
1%

Credit and Collections Manager Bonus and Incentive Rates in Saltillo

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Credit and Collections Manager is a high bonus based job, with 85% of employees reporting at least one bonus in the last 12 months.

15% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus-
85%
No Bonus-
15%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector-
415,900 MXN
Private Sector-8%
384,200 MXN

Salaries for Jobs Similar to a Credit and Collections Manager

In the table below, we have salary information for jobs that are similar to a Credit and Collections Manager in Saltillo.

Job TitleCategorySalary
AML AnalystBanking615,300 MXN
ATM ManagerBanking575,100 MXN
ATM Service TechnicianBanking163,800 MXN
Assistant Bank Branch ManagerBanking514,300 MXN
Assistant Bank ManagerBanking722,100 MXN
Bank Accounts AnalystBanking243,000 MXN
Bank Accounts CollectorBanking148,300 MXN
Bank Accounts ControllerBanking307,400 MXN
Bank Accounts ExecutiveBanking428,400 MXN
Bank Accounts ManagerBanking514,800 MXN
Bank Auditing ManagerBanking499,300 MXN
Bank Branch ManagerBanking744,700 MXN
Bank Branch Operations CoordinatorBanking305,600 MXN
Bank ClerkBanking138,200 MXN
Bank Client Service AssociateBanking201,100 MXN
Bank CollectorBanking138,800 MXN
Bank Compliance SpecialistBanking394,300 MXN
Bank ManagerBanking874,500 MXN
Bank Operational Risk ManagerBanking858,400 MXN
Bank Operations HeadBanking825,900 MXN
Bank Operations OfficerBanking332,100 MXN
Bank Operations SpecialistBanking516,100 MXN
Bank Process ManagerBanking472,100 MXN
Bank Product Manager Banking548,800 MXN
Bank Programme ManagerBanking559,000 MXN
Bank Project ManagerBanking695,400 MXN
Bank Propositions ManagerBanking625,000 MXN
Bank Quantitative AnalystBanking436,200 MXN
Bank Regional ManagerBanking862,400 MXN
Bank Regional Risk OfficerBanking437,300 MXN
Bank Relationship ManagerBanking659,400 MXN
Bank Relationship OfficerBanking292,000 MXN
Bank TellerBanking154,700 MXN
BankerBanking294,700 MXN
Banking Business AnalystBanking447,300 MXN
Banking Business Development OfficerBanking273,300 MXN
Banking Business Planning ExecutiveBanking656,800 MXN
Banking Product ManagerBanking562,200 MXN
Banking Reference Data ManagerBanking467,700 MXN
Banking Risk AnalystBanking424,300 MXN
Banking Technical AnalystBanking232,900 MXN
Bankruptcy CoordinatorBanking318,800 MXN
Bill and Account CollectorBanking159,400 MXN
Budget AnalystBanking437,900 MXN
Capital Risk ManagerBanking855,200 MXN
Cards Marketing ManagerBanking575,100 MXN
Cash Management ManagerBanking790,600 MXN
Check Processing ManagerBanking551,200 MXN
Commercial Vault AssociateBanking417,200 MXN
Corporate BankerBanking325,900 MXN
Corporate DealerBanking437,300 MXN
Credit AnalystBanking335,800 MXN
Credit Card Fraud InvestigatorBanking436,200 MXN
Credit Portfolio ManagerBanking861,300 MXN
Credit Risk AnalystBanking501,400 MXN
Credit Risk AssociateBanking485,200 MXN
Direct Bank Sales RepresentativeBanking311,700 MXN
Exchange Control ConsultantBanking467,700 MXN
Executive Account AnalystBanking448,500 MXN
Financial Bank Planning ConsultantBanking553,400 MXN
Financial Banking Analysis ManagerBanking633,300 MXN
Financial Banking AssistantBanking212,500 MXN
Financial Banking Systems ManagerBanking575,100 MXN
Foreign Exchange ManagerBanking639,900 MXN
Fraud AnalystBanking460,500 MXN
Fraud Detection AssociateBanking327,300 MXN
Fraud Detection ManagerBanking656,800 MXN
Fraud Detection SupervisorBanking375,200 MXN
Internal Bank Audit ManagerBanking761,400 MXN
Internal Bank AuditorBanking420,800 MXN
Internal Private BankerBanking313,700 MXN
International Banking ManagerBanking927,000 MXN
Investment Banking AnalystBanking638,700 MXN
Loan AnalystBanking442,200 MXN
Loan Area ManagerBanking518,900 MXN
Loan Audit Team LeaderBanking485,200 MXN
Loan Branch ManagerBanking500,100 MXN
Loan Business Development OfficerBanking254,700 MXN
Loan ClerkBanking154,700 MXN
Loan Collection ManagerBanking544,800 MXN
Loan Collection and Recovery ManagerBanking510,200 MXN
Loan CollectorBanking146,200 MXN
Loan ExaminerBanking200,000 MXN
Loan OfficerBanking169,000 MXN
Loan Processing ManagerBanking466,900 MXN
Loan ProcessorBanking204,700 MXN
Loan Quality Assurance AuditorBanking426,700 MXN
Loan Quality Assurance ManagerBanking496,100 MXN
Loan Quality Assurance RepresentativeBanking341,900 MXN
Loan Review ManagerBanking489,600 MXN
Loan Team LeaderBanking454,300 MXN
Loans ManagerBanking615,000 MXN
Mortgage AdvisorBanking294,700 MXN
Mortgage Collection ManagerBanking516,100 MXN
Mortgage CollectorBanking150,000 MXN
Mortgage Credit AnalystBanking227,600 MXN
Mortgage Credit ManagerBanking498,000 MXN
Mortgage Development ManagerBanking535,900 MXN
Mortgage Document ReviewerBanking192,000 MXN
Mortgage Funding ManagerBanking587,800 MXN
Mortgage Operations ManagerBanking781,200 MXN
Mortgage Payment Processing ClerkBanking161,300 MXN
Mortgage Processing ManagerBanking489,600 MXN
Mortgage ProcessorBanking197,600 MXN
Mortgage Quality Assurance AuditorBanking437,300 MXN
Mortgage Quality Assurance ManagerBanking518,900 MXN
Mortgage Servicing ClerkBanking159,500 MXN
Mortgage Servicing ManagerBanking480,600 MXN
Mortgage UnderwriterBanking183,600 MXN
Online Banking ManagerBanking743,300 MXN
Payment Processing ClerkBanking158,700 MXN
Personal BankerBanking315,900 MXN
Personal Banking Advisor Banking325,800 MXN
Phone BankerBanking201,100 MXN
Private BankerBanking332,500 MXN
Reconciliation and Investigation SpecialistBanking353,600 MXN
Tax OfficerBanking273,000 MXN
TellerBanking146,200 MXN
Trade OfficerBanking172,200 MXN
Trade Product ManagerBanking519,300 MXN
TraderBanking225,300 MXN
Treasury Operations OfficerBanking384,500 MXN

Salary Comparison by City

If you want to compare salaries with different cities in Mexico, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Acapulco724,300 MXN
Acuna574,200 MXN
Aguascalientes721,600 MXN
Boca del Rio501,400 MXN
Buenavista587,800 MXN
Campeche592,200 MXN
Cancun746,600 MXN
Celaya632,400 MXN
Chalco553,800 MXN
Chetumal507,300 MXN
Chicoloapan528,600 MXN
Chihuahua780,600 MXN
Chilpancingo551,200 MXN
Chimalhuacan675,200 MXN
Cholula de Rivadabia573,500 MXN
Ciudad Apodaca695,200 MXN
Ciudad Juarez518,300 MXN
Ciudad Lopez Mateos677,100 MXN
Ciudad Obregon652,200 MXN
Ciudad Santa Catarina585,900 MXN
Ciudad Valles464,400 MXN
Ciudad Victoria643,400 MXN
Ciudad del Carmen543,200 MXN
Coacalco631,200 MXN
Coatzacoalcos581,000 MXN
Colima507,300 MXN
Cordoba493,000 MXN
Cuautitlan Izcalli665,300 MXN
Cuautla533,100 MXN
Cuernavaca619,000 MXN
Culiacan757,600 MXN
Delicias475,700 MXN
Durango692,500 MXN
Ecatepec de Morelos751,100 MXN
Ensenada587,800 MXN
Fresnillo454,900 MXN
General Escobedo652,200 MXN
Gomez Palacio592,200 MXN
Guadalajara751,100 MXN
Guadalupe688,900 MXN
Guaymas464,400 MXN
Hermosillo724,000 MXN
Hidalgo del Parral460,500 MXN
Iguala462,300 MXN
Irapuato631,200 MXN
Ixtapaluca639,900 MXN
Jiutepec545,300 MXN
La Paz558,300 MXN
Leon772,700 MXN
Los Mochis614,600 MXN
Los Reyes la Paz603,400 MXN
Manzanillo471,700 MXN
Matamoros683,400 MXN
Mazatlan684,900 MXN
Merida698,200 MXN
Metepec566,900 MXN
Mexicali714,300 MXN
Mexico City745,000 MXN
Minatitlan454,300 MXN
Monclova590,200 MXN
Monterrey759,300 MXN
Morelia710,500 MXN
Naucalpan768,900 MXN
Navojoa455,400 MXN
Nezahualcoyotl765,100 MXN
Nogales535,900 MXN
Nuevo Laredo623,200 MXN
Oaxaca573,500 MXN
Ojo de Agua589,400 MXN
Orizaba491,000 MXN
Pachuca620,300 MXN
Piedras Negras492,700 MXN
Playa del Carmen513,300 MXN
Poza Rica533,100 MXN
Puebla757,300 MXN
Puerto Vallarta545,300 MXN
Queretaro727,400 MXN
Reynosa669,100 MXN
Salamanca498,000 MXN
San Cristobal de las Casas518,900 MXN
San Juan del Rio510,200 MXN
San Luis Potosi699,700 MXN
San Luis Rio Colorado510,300 MXN
San Nicolas de los Garza659,200 MXN
San Pablo de las Salinas559,000 MXN
San Pedro Garza Garcia483,800 MXN
Soledad de Graciano Sanchez598,600 MXN
Tampico620,300 MXN
Tapachula528,500 MXN
Tehuacan583,000 MXN
Tepic638,700 MXN
Tijuana757,300 MXN
Tlalnepantla de Baz693,100 MXN
Tlaquepaque724,300 MXN
Toluca675,200 MXN
Tonala683,800 MXN
Torreon724,000 MXN
Tuxtla Gutierrez665,300 MXN
Uruapan592,600 MXN
Veracruz671,000 MXN
Villa Nicolas Romero596,100 MXN
Villahermosa626,800 MXN
Xalapa687,100 MXN
Xico627,900 MXN
Zacatecas493,000 MXN
Zamora de Hidalgo492,700 MXN
Zapopan778,200 MXN

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