How much does a Loan Workout Officer I make in Akron, AL?
As of March 01, 2025, the average annual salary for a Loan Workout Officer I in Akron, AL is $68,103. Salary.com reports that pay typically ranges from $60,774 to $80,419, with most professionals earning between $54,102 and $91,632.
How much does a Loan Workout Officer I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Loan Workout Officer I salary data based on specialized databases to help you get a fairer salary.
Click the switch button below to see more details about Loan Workout Officer I hourly pay, weekly pay, monthly pay and so on.
Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$86,472 |
$7,206 |
$1,663 |
$42 |
Average |
$73,229 |
$6,102 |
$1,408 |
$35 |
25th Percentile |
$65,349 |
$5,446 |
$1,257 |
$31 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Loan Workout Officer I's Salary?
An entry-level Loan Workout Officer I with under 1 year experience makes about $66,265.
With less than 2 years of experience, a mid-level Loan Workout Officer I makes around $67,130.
After 2-4 years, the Loan Workout Officer I pay rises to about $69,529.
Those senior Loan Workout Officer I with 5-8 years of experience earn roughly $70,984, and those Loan Workout Officer I having 8 years or more experience are expected to earn about $71,348 on average.
Levels |
Salary |
Entry Level Loan Workout Officer I
|
$66,265
|
Intermediate Level Loan Workout Officer I
|
$67,130
|
Senior Level Loan Workout Officer I
|
$69,529
|
Specialist Level Loan Workout Officer I
|
$70,984
|
Expert Level Loan Workout Officer I
|
$71,348
|
$66,265
0 yr
$67,130
< 2 yrs
$69,529
2-4 yrs
$70,984
5-8 yrs
$71,348
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
10%
|
Mid Level
|
8%
|
Senior Level
|
5%
|
Top Level
|
3%
|
Experienced
|
3%
|
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Last Updated on March 01, 2025