Financial Counselors with Collections skills take home approximately $15.85 per hour on average. Career duration is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is high and work is enjoyable for most Financial Counselors with Collections skills. Women account for the majority of Financial Counselors with Collections skills who took the survey — 86 percent to be exact. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$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.


More years of relevant experience do not necessarily translate to higher 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. On average, Financial Counselors with Collections skills make $36K following one to two decades on the job. Financial Counselors with Collections skills who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $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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