Entry-Level Collections Specialist Salary

The average pay for an Entry-Level Collections Specialist is $14.80 per hour. A skill in Accounts Receivable is associated with high pay for this job.

$28,970 - $50,701
$29K
$38K
$51K
MEDIAN: $38,391
10%
50%
90%

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$11.64 - $20.00
$12
$15
$20
MEDIAN: $15.13
10%
50%
90%

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$0$50K
Salary $28,970 - $50,701
Bonus $608 - $10,850
Profit Sharing $869
Commission $1,400 - $12,136
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).
)
$25,425 - $46,619
  • Country: United States
  • Currency: USD
  • Updated: 15 Sep 2017
  • Individuals Reporting: 214
Hourly Data $0$33
Hourly Rate $11.64 - $20.00
Hourly Tips $6.26
Overtime $17.11 - $33.41
Annual Data $0$46K
Bonus $608 - $10,850
Commission $1,400 - $12,136
Profit Sharing $869
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).
)
$25,425 - $46,619
  • Country: United States
  • Currency: USD
  • Updated: 15 Sep 2017
  • Individuals Reporting: 645

Find Out Exactly What You Should Be Paid

United States (change)

Collections Specialist Job Listings

Pay Difference by Location

National Average: $34,082

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

Collections Specialist Advice

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

Collections Specialist in Montgomery:
Work hard be considerate to others and understand some people are just going through a bad situation.

Collections Specialist in Pembroke Pines:
To listen to the person on the other side. One needs to understand their situation so as to determine course of action. Also have patience almost people are embarrassed and or never been in this situation. Abe to negotiate. Be prepared to do research on disputed issues. Know the law that governs the type of collections you handle. In house collections may be different than a collection agency.

Collections Specialist in Indianapolis:
"Very Busy."
Stay focused on learning new payors to become efficient and productive.

Collections Specialist in Atlanta:
"Reconciling accounts,"
Be patient with the customers.

Collections Specialist in Lafayette:
Be patient & listen to the customer.

Collections Specialist in Lexington:
To put in what you expect in return. Learn that you can turn a no into a yes.

Collections Specialist in San Antonio:
"Stress."
Learn the job and be open minded.

Key Stats for Collections Specialist

Gender

Female
74 %
Male
26 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 159 votes.
Less than 1 year
8%
1-4 years
75%
5-9 years
17%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Collections Specialist Salaries


Microsoft Excel
▲6%

Customer Relations
▲4%

Microsoft Office
▲2%

Negotiation
▲1%

National Average
$34,000



Collections
▼2%

Billing
▼3%

Medicaid & Medicare Billing
▼4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 159 votes.

Gender

Female
74 %
Male
26 %

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 65%
vision benefits
Vision: 57%
no benefits
None: 23%
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