Late-Career Collections Specialist Salary

Late-Career Collections Specialists can expect wages of $18.80 per hour on average. Most workers in this position report high levels of job satisfaction. A strong majority report receiving medical coverage from their employers and more than half collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$36,660 - $63,924
$37K
$46K
$64K
MEDIAN: $45,681
10%
50%
90%

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$14.40 - $25.16
$14
$19
$25
MEDIAN: $18.80
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$22K$44K$66K
Salary
$36,660 - $63,924  
   
Bonus
$405.47 - $14,617  
Profit Sharing
$2,400  
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).
)
$31,750 - $57,853  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 94
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$12$24$36
Hourly Rate
$14.40 - $25.16  
   
Overtime
$22.13 - $35.44  
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$24K$48K$72K
Bonus
$405.47 - $14,617  
   
Profit Sharing
$2,400  
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).
)
$31,750 - $57,853  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 161

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United States (change)

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Pay Difference by Location

National Average: $42,707

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

Dallas offers some of the highest pay in the country for Late-Career Collections Specialists, 17 percent above the national average. Late-Career Collections Specialists will also find cushy salaries in New York (+6 percent) and Houston (+4 percent). Trailing the national average by 5 percent, Phoenix is the market with the smallest paychecks. Chicago and Detroit are a couple other places where companies are known to pay below the median — salaries are 3 percent lower and 2 percent lower, respectively.

Key Stats for Collections Specialist

Gender

Female
92 %
Male
8 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.
20 years or more
100%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Collections Specialist Salaries

Microsoft Excel
▲4%

Microsoft Office
▲4%

Negotiation
▲3%

Customer Relations
▲2%



National Average
$43,000

Collections
▼1%

Billing
▼2%


Medicaid & Medicare Billing
▼8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.

Gender

Female
92 %
Male
8 %

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 66%
vision benefits
Vision: 57%
dental benefits
None: 19%
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