Average Credit Manager with Credit Control Skills Salary in Toronto, Ontario

Annual Base Salary - $72,163.00/year

The average annual salary of Credit Manager is $72,163.00

$59,850.00
Low
$72,163.00
Average
$93,960.00
High

The starting salary of Credit Manager is between $50,873.00 and $59,850.00 whereas the maximum salary range is between $93,960.00 and $108,054.00.

Minimum Annual PayMaximum Annual Pay
$50,873.00$108,054.00
Bonus Range: Tooltip
$2,060.00 - $10,700.00
$2,060.00
$108,054.00
Profit Sharing: Tooltip
$0.00 - $6,240.00
$0.00
$108,054.00
  • Currency : CAD
  • Annual Salary : $72,163.00
  • Weekly Pay : $1,322.00
  • Fortnightly Salary : $2,643.00
  • Monthly Salary : $5,727.00

Credit Manager Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Credit Manager. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, female employees are involved significantly more as Credit Manager compared to male. Their involvement is 62% while of male is only 38%.

Salary Distribution Based on Years of Experience

The line graph shows Credit Manager salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For 5-9 years, the Credit Manager salary increases to $69,694.60

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $83,150.15.

And finally, once the Credit Manager gains 20 years of experience or more, their salary would reach $75,880.00.

Prominent Skills Affecting Credit Manager Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Credit Manager's salary. It clearly highlights the skills needed for a post of Credit Manager when hired by an employer.

The most vital skill expected of Credit Manager is Risk Management / Risk Control which impacts the most than the rest of the skills indicated with a staggering 9% comparatively. Therefore, one’s salary would greatly depend on their skills in Risk Management / Risk Control.

The skill least likely to affect one’s pay would be Accounts Receivable with 5%. It can be said that Accounts Receivable skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Credit Manager. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is $69,998.00 whereas the highest earning is $82,266.00 which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of $82,266.00 at 14%. So to summerize, Mid Carrer earns 3% less than the average salary, Late Career earns 14% more than the average salary, Experienced earns 2% more than the average salary.

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