upper level job

What is the highest and lowest pay for Commercial Loan Manager?

As of November 01, 2024, the average annual pay of Commercial Loan Manager in Raymond, MN is $170,239. While Salary.com is seeing that the highest pay for Commercial Loan Manager in Raymond, MN can go up to $211,073 and the lowest down to $114,405, but most earn between $141,013 and $191,613. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Manager in the United States.

Commercial Loan Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $196,124 $16,344 $3,772 $94
Average $174,246 $14,521 $3,351 $84
25th Percentile $144,333 $12,028 $2,776 $69

Average Salary

25% $141,013 10% $114,405 90% $211,073 75% $191,613 $170,239 50%(Median) Didn’t find job title? Click
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What is the highest and lowest pay for Commercial Loan Manager?

As of November 01, 2024, the average annual pay of Commercial Loan Manager in Raymond, MN is $170,239. While Salary.com is seeing that the highest pay for Commercial Loan Manager in Raymond, MN can go up to $211,073 and the lowest down to $114,405, but most earn between $141,013 and $191,613. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Manager in the United States.

View Commercial Loan Manager Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Commercial Loan Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Commercial Loan Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on November 01, 2024
Last Updated on November 01, 2024
Levels Salary
Entry Level Commercial Loan Manager $154,604
Intermediate Level Commercial Loan Manager $156,780
Senior Level Commercial Loan Manager $160,261
Specialist Level Commercial Loan Manager $164,613
Expert Level Commercial Loan Manager $170,471
$154,604 0 yr
$156,780 < 2 yrs
$160,261 2-4 yrs
$164,613 5-8 yrs
$170,471 > 8 yrs
Last Updated on November 01, 2024
Entry Level 11%
Mid Level 10%
Senior Level 8%
Top Level 6%
Experienced 2%
View as graph
Last Updated on November 01, 2024

Job Openings of Commercial Loan Manager

Salary.com job board provides millions of Commercial Loan Manager information for you to search for. Click on search button below to see Commercial Loan Manager job openings or enter a new job title here.

Cost of Living In Raymond, MN

Cost of Living in Raymond , MN is
1.3% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Commercial Loan Manager

What skills does a Commercial Loan Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Influencing: The ability to impact behaviors and decisions within and outside our organization in direct, indirect and intangible ways.

2.

Performance Review: Assessing employee performance and identifying strengths and weaknesses to promote communication and provide constructive performance feedback.

3.

Onboarding: Onboarding, also known as organizational socialization, is management jargon first created in the 1970's that refers to the mechanism through which new employees acquire the necessary knowledge, skills, and behaviors in order to become effective organizational members and insiders. It is the process of integrating a new employee into the organization and its culture. Tactics used in this process include formal meetings, lectures, videos, printed materials, or computer-based orientations to introduce newcomers to their new jobs and organizations. Research has demonstrated that these socialization techniques lead to positive outcomes for new employees such as higher job satisfaction, better job performance, greater organizational commitment, and reduction in occupational stress and intent to quit.. These outcomes are particularly important to an organization looking to retain a competitive advantage in an increasingly mobile and globalized workforce. In the United States, for example, up to 25% of workers are organizational newcomers engaged in an onboarding process. The term induction is used instead in regions such as Australia, New Zealand, Canada, and parts of Europe. This is known in some parts of the world as training.

Influencing 5.56%
Performance Review 5.56%
Onboarding 2.78%
Others 86.1%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Loan Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master New Product Development, you can get a 25% salary raise. If you are good at Corporate Services, your salary will increase by 24%. If you are expert in Fund Administration, your salary will rise by 10%.
Skill Salary Demand
New Product Development
$212,798
25%
Corporate Services
$211,096
24%
Fund Administration
$187,263
10%
Influencing
$183,858
8%
Commercial Mortgage
$178,751
5%
Regulatory Compliance
$178,751
5%
Last Updated on November 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Commercial Loan Manager is $170,239 per year in Raymond, MN, updated at November 01, 2024.
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