A person working as Loan Collection Manager in Singapore typically earns around 10,600 SGD. Salaries range from 5,640 SGD (lowest) to 16,200 SGD (highest).
This is the average salary including housing, transport, and other benefits. Loan Collection Manager salaries in Singapore vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Salaries for the position Loan Collection Manager in Singapore range from 5,640 SGD (starting salary) to 16,200 SGD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 9,590 SGD, half of the professionals who work as Loan Collection Manager in Singapore earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Loan Collection Manager in Singapore earn less than 7,990 SGD, while 75% earn more. Similarly, the chart shows that 75% earn less than 10,900 SGD while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Loan Collection Manager in Singapore compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 6,290 SGD to 8,540 SGD. About 20% of salaries are below the 6,290 SGD mark, while 10% fall within the range of 8,540 SGD to 9,560 SGD. Only 5% of individuals have salaries exceeding 9,560 SGD.