Data current as of August 2026 · sources: U.S. Bureau of Labor Statistics and O*NET
Average base salary
$210,000 / year
≈ $17,500 per month · $100.96 per hour
Low $134,000Average $210,000High $275,000
Figures reflect WePayFairly survey data aged to 2026 using compounded market movement. Range estimated at −20% / +25% around the aged average. State figures use estimated geographic differentials. Actual pay varies with experience, location, industry, and organization size.
Total cash compensation
Base salary plus target annual bonus. Target bonus opportunity scales with role level, so a higher base carries a higher target percentage.
Long-term incentive is not shown for this role. Equity awards are only disclosed publicly for the named executive officers of public companies, so no market figure exists for most jobs. See executive pay disclosures.
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About this role
Manager Credit Department is a management role accountable for a team’s output, priorities, and people development, focused on Credit in the Finance job family. The title carries Department-level responsibility, indicating a department scope within a single function.
The Finance function covers accounting, treasury, tax, planning and analysis, controls, and reporting that keep financial operations sound.
Typical experience: 7 to 12 years at the Manager level, per widely used corporate career-level norms (Radford, Mercer, and SHRM career-level frameworks). Actual expectations vary by function, industry, and company size.
Lead team output, priorities, and people development
Manage team budget, headcount, and resource allocation
Hire, develop, coach, and evaluate direct reports
Own results for a defined functional scope
Partner across functions to drive outcomes
Report performance and status to senior leadership
FLSA classification (typical)
Typically Exempt · Executive exemption
Managerial roles at this level typically qualify for the Executive exemption because they customarily direct the work of two or more full-time employees and have authority over hiring, firing, or promotion decisions. Actual classification depends on the specific job duties, salary basis, and any applicable state or local rules. The current federal salary threshold for exemption is $684 per week ($35,568 per year), per the 2020 Department of Labor rule; the 2024 rule that would have raised the threshold was struck down by federal court in November 2024.
Pay outlook
Five-year pay outlook for this title
2026$210,500
2027$218,000
2028$225,500
2029$233,500
2030$241,500
2031$250,000
Projection assumes market wages keep rising about 3.5% a year, consistent with recent wage growth measured by the BLS Employment Cost Index. It reflects market movement for the title, not individual raises or promotions, which vary.
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Frequently asked questions
How much does a Manager Credit Department make?
The median market pay for a Manager Credit Department in the United States is about $210,500 per year in 2026, based on WePayFairly's market model.
What is the salary range for a Manager Credit Department?
A typical market range for a Manager Credit Department runs from about $179,000 to $242,000, with pay varying by company size, industry, and location.
How this role compares
Manager Credit Department pays 21% above the average across 3,636 roles in the Finance job family (family average $173,500).
Need Manager Credit Department pay benchmarked for your organization, or defensible compensation analysis for a dispute or valuation? Grahall builds it from primary sources, backed by an expert who testifies.
