£24,783
Avg. Salary
£9.33
Avg. Hourly Rate
Help us gather more data! Is Collections Specialist your job title? Find out what you're worth.

The average pay for a Collections Specialist is £9.33 per hour.

The average pay for a Collections Specialist is £24,783 per year.

£0.00
10%
£9.33
50%
£0.00
90%
MEDIAN £9.33
£15k
10%
£25k
50%
£37k
90%
MEDIAN £24,783
£15,272 - £36,624
£15K
£25K
£37K
MEDIAN: £24,783
10%
50%
90%
£0£36K
Salary £15,272 - £36,624
Bonus £1,241
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).
)
£15,428 - £35,479
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 19 Feb 2019
  • Individuals Reporting: 33

Job Description for Collections Specialist

Typically, a collections specialist is an individual that specializes in the collection of debt owed to their organization. They use a variety of means to contact individuals who have defaulted on debts and/or who have not paid past-due bills. Collections specialists usually work in a call center with other collections specialists, although they may telecommute from a remote location such as a home office.

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Collections Specialist Tasks
  • Make collection and billing calls to reduce the lost assets of a company and delinquent payments.
  • Monitor and maintain assigned accounts through follow up and possibly implement alternative payment options.

Collections Specialist Job Listings

Key Stats for Collections Specialist

Gender

Female
56 %
Male
44 %
Less than 1 year
3%
1-4 years
41%
5-9 years
19%
10-19 years
30%
20 years or more
8%

Experience Affects Collections Specialist Salaries

Experienced
▲35%

National Average
₤22,000

Entry-Level
▼14%

Mid-Career
▼22%

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
3%
1-4 years
41%
5-9 years
19%
10-19 years
30%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 43%
dental benefits
Dental: 24%
vision benefits
Vision: 14%
no benefits
None: 48%