Financial Counselor with Collections Skills Salary

For Financial Counselors with Collections skills, hourly average wages total $15.85 per hour. Career length is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most Financial Counselors with Collections skills report high levels of job satisfaction. The vast majority (86 percent) of Financial Counselors with Collections skills who took the survey are female. This report is based on answers to PayScale's salary questionnaire.

$33,167 - $46,809
(Median)
$33K
$39K
$47K
MEDIAN: $39,057
10%
50%
90%

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$12.30 - $20.15
(Median)
$12
$16
$20
MEDIAN: $15.00
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$16K$32K$48K
Salary
$33,167 - $46,809  
   
Bonus
$0.00 - $3,710  
Profit Sharing
$2,000  
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).
)
$25,917 - $44,024  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 35
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$10$20$30
Hourly Rate
$12.30 - $20.15  
   
Overtime
$18.22 - $29.30  
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$20K$40K$60K
Bonus
$0.00 - $3,710  
   
Profit Sharing
$2,000  
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).
)
$25,917 - $44,024  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 185
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Pay by Experience Level for Financial Counselor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Financial Counselors with Collections skills, extensive experience does not lead to significantly more money. Survey participants with less than five years' experience pocket $33K on average, but those with five to 10 years of experience enjoy a much bigger median of $36K. For Financial Counselors with Collections skills, 10 to 20 years of experience on the job amounts to an average salary of $36K. After two decades in the workforce, the average Financial Counselor generally earns more than ever; median pay for this group is estimated at $38K.

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Experience Affects Financial Counselor Salaries

Late-Career
up arrow 11%

Mid-Career
up arrow 4%

Experienced
up arrow 4%

National Average
$34,000

Entry-Level
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
2%
1-4 years
37%
5-9 years
25%
10-19 years
28%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 79%
medical benefits
Vision: 72%
dental benefits
None: 11%
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