Average Loan Collection Manager Salary in Luxembourg for 2026

In this article, we will look at the average Loan Collection Manager salary for 2026 in Luxembourg 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 Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol .

How Much Does a Loan Collection Manager Make in Luxembourg?

A Loan Collection Manager working in Luxembourg will typically earn around 76,280 EUR per year, and this can range from the lowest average salary of about 41,560 EUR to the highest average salary of 115,740 EUR.

Average Annual Salary76,280 EUR
Average Monthly Salary6,356 EUR
Average Lowest Salary41,560 EUR
Lowest Monthly Salary3,463 EUR
Average Highest Salary115,740 EUR
Highest Monthly Salary9,645 EUR

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

Loan Collection 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 Loan Collection Manager Salaries in Luxembourg

So we've looked at the average salaries a Loan Collection Manager will earn in Luxembourg. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Loan Collection Manager can earn between 41,560 EUR and 115,740 EUR on average in Luxembourg. 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 Loan Collection Manager in Luxembourg is 69,240 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 69,240 EUR, and 50% of the population earn more than 69,240 EUR.

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 Loan Collection Manager salary in Luxembourg, 25% of the population are earning less than 52,460 EUR while 75% of the population earn more than 52,460 EUR.

75% of the population earn less than 84,580 EUR, and 25% of the population earn more than 84,580 EUR.

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.

Loan Collection Manager Salary by Experience Level in Luxembourg

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 Loan Collection 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 Loan Collection Manager in Luxembourg that has less than two years of experience can expect to earn somewhere in the region of 46,880 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Loan Collection Manager salary would increase to 62,100 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Loan Collection Manager, the average salary would be 80,840 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 96,220 EUR.
  • 15 - 20 Years Experience. A Loan Collection Manager with 15 to 20 years of experience can earn an average of 105,800 EUR.
  • 20+ Years Experience. For a Loan Collection Manager with more than 20 years, the expected average salary increases to 112,420 EUR.

Average Salary by Experience Chart

0-2 Years-
46,880 EUR
2-5 Years+26%
62,100 EUR
5-10 Years+32%
80,840 EUR
10-15 Years+18%
96,220 EUR
15-20 Years+11%
105,800 EUR
20+ Years+6%
112,420 EUR

Loan Collection Manager Salary by Education Level in Luxembourg

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 Loan Collection Manager in Luxembourg 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 Loan Collection Manager in Luxembourg with a bachelor's degree education can earn an average salary of 64,040 EUR.
  • Master's Degree. A Loan Collection Manager in Luxembourg with a master's degree education can earn an average salary of 94,940 EUR.

Average Salary by Education Chart

Bachelor's Degree-
64,040 EUR
Master's Degree+53%
94,940 EUR

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 Luxembourg is around 24,600 to 73,700 EUR 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.

Loan Collection 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 Luxembourg, a male loan collection manager will earn an average of 78,940 EUR, while a female loan collection manager will earn around 74,380 EUR.

This means that a male loan collection manager earns approximately 6% more than a female loan collection manager for performing the same job.

Average Salary by Gender Chart in Luxembourg

Male-
78,940 EUR
Female-6%
74,380 EUR

Loan Collection Manager Average Pay Raise in Luxembourg

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 Loan Collection Manager in Luxembourg is around 12% every 16 months.

The national average pay raise across all professions and industries in Luxembourg is around 8% every 17 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 = ( 12 ÷ 16 ) × 12  = 9%

What this means is that a Loan Collection Manager in Luxembourg can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Luxembourg for 2026

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

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

Banking-
8%
Energy-
7%
Information Technology-
6%
Healthcare-
5%
Travel-
4%
Construction-
3%
Education-
2%

Loan Collection Manager Bonus and Incentive Rates in Luxembourg

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 Loan Collection Manager is a high bonus based job, with 77% of employees reporting at least one bonus in the last 12 months.

23% 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 6% to 7%.

Received Bonus-
77%
No Bonus-
23%

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 Luxembourg earn approximately 7% more than private sector employees in the same role.

Public Sector-
60,340 EUR
Private Sector-7%
56,460 EUR

Salaries for Jobs Similar to a Loan Collection Manager

In the table below, we have salary information for jobs that are similar to a Loan Collection Manager in Luxembourg.

Job TitleCategorySalary
AML AnalystBanking96,540 EUR
ATM ManagerBanking85,440 EUR
ATM Service TechnicianBanking23,260 EUR
Assistant Bank Branch ManagerBanking78,400 EUR
Assistant Bank ManagerBanking98,540 EUR
Bank Accounts AnalystBanking34,160 EUR
Bank Accounts CollectorBanking21,020 EUR
Bank Accounts ControllerBanking43,520 EUR
Bank Accounts ExecutiveBanking67,020 EUR
Bank Accounts ManagerBanking80,920 EUR
Bank Auditing ManagerBanking80,480 EUR
Bank Branch ManagerBanking104,060 EUR
Bank Branch Operations CoordinatorBanking48,160 EUR
Bank ClerkBanking19,480 EUR
Bank Client Service AssociateBanking30,700 EUR
Bank CollectorBanking21,020 EUR
Bank Compliance SpecialistBanking55,020 EUR
Bank ManagerBanking123,400 EUR
Bank Operational Risk ManagerBanking123,400 EUR
Bank Operations HeadBanking130,400 EUR
Bank Operations OfficerBanking49,200 EUR
Bank Operations SpecialistBanking78,620 EUR
Bank Process ManagerBanking74,540 EUR
Bank Product Manager Banking79,360 EUR
Bank Programme ManagerBanking87,000 EUR
Bank Project ManagerBanking101,020 EUR
Bank Propositions ManagerBanking90,660 EUR
Bank Quantitative AnalystBanking64,200 EUR
Bank Regional ManagerBanking124,400 EUR
Bank Regional Risk OfficerBanking66,100 EUR
Bank Relationship ManagerBanking93,340 EUR
Bank Relationship OfficerBanking42,320 EUR
Bank TellerBanking20,760 EUR
BankerBanking43,520 EUR
Banking Business AnalystBanking66,260 EUR
Banking Business Development OfficerBanking39,420 EUR
Banking Business Planning ExecutiveBanking95,860 EUR
Banking Product ManagerBanking79,000 EUR
Banking Reference Data ManagerBanking71,700 EUR
Banking Risk AnalystBanking64,300 EUR
Banking Technical AnalystBanking34,360 EUR
Bankruptcy CoordinatorBanking47,400 EUR
Bill and Account CollectorBanking23,500 EUR
Budget AnalystBanking66,140 EUR
Capital Risk ManagerBanking123,400 EUR
Cards Marketing ManagerBanking78,620 EUR
Cash Management ManagerBanking116,180 EUR
Check Processing ManagerBanking86,800 EUR
Commercial Vault AssociateBanking61,580 EUR
Corporate BankerBanking48,160 EUR
Corporate DealerBanking67,020 EUR
Credit AnalystBanking50,660 EUR
Credit Card Fraud InvestigatorBanking63,400 EUR
Credit Portfolio ManagerBanking115,220 EUR
Credit Risk AnalystBanking69,180 EUR
Credit Risk AssociateBanking66,260 EUR
Credit and Collections ManagerBanking93,120 EUR
Direct Bank Sales RepresentativeBanking43,800 EUR
Exchange Control ConsultantBanking68,320 EUR
Executive Account AnalystBanking64,040 EUR
Financial Bank Planning ConsultantBanking83,100 EUR
Financial Banking Analysis ManagerBanking97,900 EUR
Financial Banking AssistantBanking28,680 EUR
Financial Banking Systems ManagerBanking88,620 EUR
Foreign Exchange ManagerBanking97,060 EUR
Fraud AnalystBanking68,900 EUR
Fraud Detection AssociateBanking48,640 EUR
Fraud Detection ManagerBanking98,440 EUR
Fraud Detection SupervisorBanking53,320 EUR
Internal Bank Audit ManagerBanking119,700 EUR
Internal Bank AuditorBanking64,920 EUR
Internal Private BankerBanking47,760 EUR
International Banking ManagerBanking129,000 EUR
Investment Banking AnalystBanking92,500 EUR
Loan AnalystBanking66,580 EUR
Loan Area ManagerBanking77,120 EUR
Loan Audit Team LeaderBanking71,280 EUR
Loan Branch ManagerBanking75,280 EUR
Loan Business Development OfficerBanking40,040 EUR
Loan ClerkBanking23,400 EUR
Loan Collection and Recovery ManagerBanking78,400 EUR
Loan CollectorBanking23,400 EUR
Loan ExaminerBanking26,660 EUR
Loan OfficerBanking23,700 EUR
Loan Processing ManagerBanking70,260 EUR
Loan ProcessorBanking28,860 EUR
Loan Quality Assurance AuditorBanking68,900 EUR
Loan Quality Assurance ManagerBanking69,260 EUR
Loan Quality Assurance RepresentativeBanking48,740 EUR
Loan Review ManagerBanking75,260 EUR
Loan Team LeaderBanking68,900 EUR
Loans ManagerBanking85,460 EUR
Mortgage AdvisorBanking45,060 EUR
Mortgage Collection ManagerBanking74,380 EUR
Mortgage CollectorBanking20,000 EUR
Mortgage Credit AnalystBanking35,000 EUR
Mortgage Credit ManagerBanking69,180 EUR
Mortgage Development ManagerBanking80,640 EUR
Mortgage Document ReviewerBanking28,900 EUR
Mortgage Funding ManagerBanking86,800 EUR
Mortgage Operations ManagerBanking108,800 EUR
Mortgage Payment Processing ClerkBanking24,800 EUR
Mortgage Processing ManagerBanking70,880 EUR
Mortgage ProcessorBanking27,020 EUR
Mortgage Quality Assurance AuditorBanking66,580 EUR
Mortgage Quality Assurance ManagerBanking78,160 EUR
Mortgage Servicing ClerkBanking22,420 EUR
Mortgage Servicing ManagerBanking75,260 EUR
Mortgage UnderwriterBanking25,720 EUR
Online Banking ManagerBanking110,340 EUR
Payment Processing ClerkBanking23,500 EUR
Personal BankerBanking43,760 EUR
Personal Banking Advisor Banking45,600 EUR
Phone BankerBanking31,180 EUR
Private BankerBanking48,640 EUR
Reconciliation and Investigation SpecialistBanking50,660 EUR
Tax OfficerBanking37,380 EUR
TellerBanking20,760 EUR
Trade OfficerBanking26,080 EUR
Trade Product ManagerBanking78,500 EUR
TraderBanking34,240 EUR
Treasury Operations OfficerBanking57,900 EUR

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