Entry-Level Debt Collector Salary

Entry-Level Debt Collectors take home approximately $12.66 per hour on average. While some workers in this profession — just under one in three — do not have any health coverage, a majority do receive medical benefits and the larger part have dental insurance. Female Entry-Level Debt Collectors are more common than men among those who completed the survey; more than half (65 percent) are women. The majority of Entry-Level Debt Collectors claim high levels of job satisfaction. The data for this synopsis comes from respondents who took the PayScale salary survey.

$24,274 - $61,277
$24K
$33K
$61K
MEDIAN: $33,497
10%
50%
90%

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$10.12 - $16.29
$10
$13
$16
MEDIAN: $12.66
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$21K$42K$63K
Salary
$24,274 - $61,277  
   
Bonus
$505 - $12,140  
Commission
$-0.50 - $35,874  
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).
)
$21,824 - $41,642  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 56
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$9$18$27
Hourly Rate
$10.12 - $16.29  
   
Overtime
$15.34 - $25.39  
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$18K$36K$54K
Bonus
$505 - $12,140  
   
Commission
$-0.50 - $35,874  
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).
)
$21,824 - $41,642  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 241

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Pay Difference by Location

National Average: $28,827

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

Home to some of the best pay for Entry-Level Debt Collectors, Minneapolis offers exceptional salaries, 8 percent above the national average. Entry-Level Debt Collectors will also find cushy salaries in Dallas (+5 percent) and Phoenix (+1 percent). In Buffalo, salaries are 17 percent below the national average and represent the lowest-paying market.

Debt Collector Advice

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

Debt Collector in Thorofare:
"Listen to everyone."
Take all the information provided from your trainers, Don't be afraid to ask questions, It will only improve your position and knowledge. Use the veterans to your advantage they are there for you to lean on.

Key Stats for Debt Collector

Gender

Female
65 %
Male
35 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.
Less than 1 year
10%
1-4 years
78%
5-9 years
11%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Debt Collector Salaries

Negotiation
▲1%

Collections
▼0%

bill collections
▼0%

National Average
$29,000


Bilingual
▼2%

Typing
▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.

Gender

Female
65 %
Male
35 %

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 56%
vision benefits
Vision: 46%
no benefits
None: 29%
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