Earnings for Financial Counselors with Collections skills come in at around $15.85 per hour on average. Career duration is the biggest factor affecting pay for this group, followed by geography. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. For the most part, Financial Counselors with Collections skills enjoy their work and report high levels of job satisfaction. Among survey respondents, women are more common than men; 86 percent of Financial Counselors with Collections skills are female. This snapshot results from replies to PayScale's salary survey.

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

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$12.30 - $20.15
$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 Financial Counselors with Collections skills, more experience in the field does not usually mean bigger paychecks. Although individuals who have less than five years' experience earn $33K on average, people with five to 10 years benefit from a notably larger average of $36K. After working for 10 to 20 years, Financial Counselors with Collections skills make a median salary of $36K. In the end, more experience does seem to mean larger paychecks; seasoned Financial Counselors with Collections skills with more than 20 years of experience earn a predictably higher median salary of $38K.

Key Stats for Financial Counselor

Gender

Female
86 %
Male
14 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.
Less than 1 year
2%
1-4 years
37%
5-9 years
25%
10-19 years
28%
20 years or more
8%
Location:
Years in Fields/Career:
United States (change)

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%
vision benefits
Vision: 72%
dental benefits
None: 11%
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