Collections Specialist in Chicago, Illinois Salary

A Collections Specialist in Chicago, Illinois earns an average wage of $18.28 per hour. A skill in Microsoft Excel is associated with high pay for this job.

$30,913 - $55,075
$31K
$45K
$55K
MEDIAN: $45,379
10%
50%
90%

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$15.00 - $23.50
$15
$18
$24
MEDIAN: $18.28
10%
50%
90%

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Local 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$19K$38K$57K
Salary
$30,913 - $55,075  
   
Bonus
$1,300  
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).
)
$31,516 - $55,347  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 13
Local 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$10$20$30
Hourly Rate
$15.00 - $23.50  
   
Local 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$20K$40K$60K
Bonus
$1,300  
   
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).
)
$31,516 - $55,347  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 14

Find Out Exactly What You Should Be Paid

United States (change)

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About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

Collections Specialist Job Listings

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Pay by Experience Level for Collections Specialist

Pay by Experience for a Collections Specialist has a negative trend. An entry-level Collections Specialist with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 8 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Collections Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $43,000 based on 9 salaries. An experienced Collections Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $39,000 based on 10 salaries. A Collections Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $42,000 based on 9 salaries.

Key Stats for Collections Specialist

Gender

Female
92 %
Male
8 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.
1-4 years
22%
5-9 years
22%
10-19 years
22%
20 years or more
33%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Collections Specialist Salaries

Entry-Level
▲5%

Mid-Career
▲4%

▼0%

National Average
$42,000

Experienced
▼8%

Skills That Affect Collections Specialist Salaries

Microsoft Excel
▲11%

Billing
▲9%

Accounts Receivable
▲1%

bill collections
▼0%

Customer Relations
▼0%

National Average
$42,000

Negotiation
▼2%

Collections
▼3%

Customer Service
▼3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.

Gender

Female
92 %
Male
8 %

Years of Experience

1-4 years
22%
5-9 years
22%
10-19 years
22%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 78%
vision benefits
Vision: 72%
no benefits
None: 11%