Entry-Level Collections Specialist Salary

The average pay for an Entry-Level Collections Specialist is $14.80 per hour. A skill in Accounts Receivable is associated with high pay for this job.

$28,262 - $50,974
$28K
$38K
$51K
MEDIAN: $38,125
10%
50%
90%

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$11.29 - $19.52
$11
$15
$20
MEDIAN: $14.80
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17K$34K$51K
Salary
$28,262 - $50,974  
   
Bonus
$513 - $11,682  
Profit Sharing
$900  
Commission
$6,104  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$24,887 - $46,359  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 206
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$11.29 - $19.52  
   
Hourly Tips
$6.26  
Overtime
$17.25 - $30.03  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$513 - $11,682  
   
Commission
$6,104  
Profit Sharing
$900  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$24,887 - $46,359  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 560

Find Out Exactly What You Should Be Paid

United States (change)

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Collections Specialist Job Listings

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Pay Difference by Location

National Average: $33,090

Larger city markers indicate a job is popular in that location.

Collections Specialist Advice

Q: What do you wish you knew about your job when you first started out?

Collections Specialist in Pembroke Pines:
To listen to the person on the other side. One needs to understand their situation so as to determine course of action. Also have patience almost people are embarrassed and or never been in this situation. Abe to negotiate. Be prepared to do research on disputed issues. Know the law that governs the type of collections you handle. In house collections may be different than a collection agency.

Collections Specialist in New York:
"Superior multi-national communication skills."
To be culturally open minded, have street awareness and totally accurate financial accountability.

Key Stats for Collections Specialist

Gender

Female
75 %
Male
25 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 123 votes.
Less than 1 year
8%
1-4 years
75%
5-9 years
17%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Collections Specialist Salaries


Microsoft Excel
▲9%

Customer Relations
▲7%

Microsoft Office
▲6%

Negotiation
▲4%



Billing
▼0%

Collections
▼0%

National Average
$33,000

Medicaid & Medicare Billing
▼2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 123 votes.

Gender

Female
75 %
Male
25 %

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 64%
vision benefits
Vision: 55%
no benefits
None: 23%