R72,158
Avg. Salary
R32.14
Avg. Hourly Rate

Average additional compensation:

R6,921

Bonus

R3,000

Profit Sharing

R7,200

Commission

What am I worth?
How should I pay?

The average pay for a Debt Collector is R32.14 per hour.

The average pay for a Debt Collector is R72,158 per year.

10%
R20.30
10%
R32.14
50%
R59.80
90%
90%
MEDIAN R32.14
10%
R37k
10%
R72k
50%
R174k
90%
90%
MEDIAN R72,158
R37,474 - R174,038
R37K
R72K
R170K
MEDIAN: R72,158
10%
50%
90%
R20.30 - R59.80
R20
R32
R60
MEDIAN: R32.14
10%
50%
90%
R0R177K
Salary R37,474 - R174,038
Bonus R967 - R26,577
Profit Sharing R3,000
Commission R412 - R42,662
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).
)
R39,725 - R177,045
  • Country: South Africa
  • Currency: ZAR
  • Updated: 23 Aug 2019
  • Individuals Reporting: 511
Hourly Data R0R110
Hourly Rate R20.30 - R59.80
Hourly Tips R0.94
Overtime R14.87 - R111
Annual Data R0R177K
Bonus R967 - R26,577
Commission R412 - R42,662
Profit Sharing R3,000
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).
)
R39,725 - R177,045
  • Country: United States
  • Currency: ZAR
  • Updated: 23 Aug 2019
  • Individuals Reporting: 75

Job Description for Debt Collector

A debt collector notifies the holders of accounts that are "past due" of their obligations to pay, and they help find and facilitate the best means for that person to repay the amount owed. Most of the time, individuals in this position work for a financial company dedicated to collecting on past due accounts.

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Common Career Paths for Debt Collector


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Debt Collector Job Listings

Popular Skills for Debt Collector

Pay by Experience Level for Debt Collector

Pay by Experience for a Debt Collector has a positive trend. An entry-level Debt Collector with less than 5 years of experience can expect to earn an average total compensation of R61,000 based on 444 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Debt Collector with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of R91,000 based on 173 salaries. An experienced Debt Collector which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of R121,000 based on 53 salaries. A Debt Collector with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of R108,000 based on 13 salaries.

Pay Difference by Location

National Average: R73,315

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

Debt Collector Advice

Q: What is it like working as a Debt Collector?

Debt Collector in Johannesburg:
"It's a job you can grow ftom."
Know your broduct very well it will make your job easier.

Debt Collector in Port Elizabeth:
"Good."
Pros: Its pretty much okay . Its close to the sea.
Cons: The pay isnt that good and there isnt many job oppertunities.

Debt Collector in Durban:
"It has been great as well as I have learned a lot."
Pros: Good exposure as well as recognition for hard work.
Cons: Stress.

Debt Collector in north west:
"Depressing."
Pros: Helping others paying their accounts in a stress free and suitable way.
Cons: Difficult customers, stress levels and management.

Debt Collector in Johannesburg:
Pros: I like it because it allows me to sign my own paycheck I like to talk to people iam able to negotiate with people and unlike most debt collectors iam not mean and fight with clients, I like to appeal to the more humane side of the people I talk to.
Cons: The collections I do are paid through debits and debits are very intricate in that a debit can be run before money is reflecting so for that reason and many more its very possible to collect and only 20% of your collections are paid of which I only get paid based on what actually goes through the bank.

Debt Collector in Cape Town:
Pros: To be able to assist debtors, negociating with them, responding to them drafting them their settlement letters, arrangement letters, final demands and paid up letters.
Cons: Salary and incentive scemes and why no end of year bonus? Its what you working towards for the festive season as well as where documentation is concern?why do you need documentation for a day unpaid?

Debt Collector in Woodmead:
"Follow Up."
Follow up every day. Confirm receipt of new invoices and monthly statements.

Related Job Salaries

Key Stats for Debt Collector

Gender

Female
76 %
Male
24 %
Less than 1 year
4%
1-4 years
58%
5-9 years
24%
10-19 years
12%
20 years or more
2%

Experience Affects Debt Collector Salaries

▲65%

▲48%

▲25%

National Average
R73,000

▼17%

Skills That Affect Debt Collector Salaries

National Average
R73,000

▼4%



▼14%


Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
4%
1-4 years
58%
5-9 years
24%
10-19 years
12%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 29%
dental benefits
Dental: 6%
vision benefits
Vision: 5%
no benefits
None: 71%