Collections salaries

Q: Is the pay good at Collections?

Yes, the pay is good at Collections. Compared to the industry average of $40,381 per year, the average annual salary at Collections is $38,512, which is 4.63% lower.

Q: What is the starting pay at Collections?

The starting pay at Collections is $21,000 per year, or $10.10 per hour.

Q: How much does Collections pay an hour?

Collections pays $18.52 an hour, on average.

Zippia score 3.7

Collections salary estimate

$38,512yearly

$18.52 hourly rate

Entry-level salary

$21,000 yearly salary

Updated April 25, 2024

Collections Salary Overview

The field of collections offers a diverse range of opportunities, with an average salary of $38,512 annually for collections professionals. Salaries may vary significantly based on factors such as location and department. For instance, roles in finance or specialized collections tend to command higher salaries.

In addition to base salaries, certain regions show more favorable compensation. For example, urban areas often provide higher pay due to the cost of living. Understanding these dynamics can help you negotiate better offers or decide where to focus your job search.

Highest Paying Roles

Collections Manager
Credit Analyst
Debt Recovery Specialist

By exploring these roles and their corresponding salaries, you can better align your career path with your financial goals.

Highest paying jobs at Collections

The highest paying jobs at Collections are senior software engineer, marketing director, division director, and senior test analyst. Senior software engineer jobs at Collections earn an average yearly salary of $125,622, Collections marketing director jobs average $125,208, and Collections division director jobs average $115,590.

The lowest paying Collections roles include student employee and cashier. Collections student employee average salary is $25,606 per year. So while the average Collections salary is $38,512 there is a big variation in pay depending on the role.

Highest paying jobs at Collections

Rank	Job title	Average Collections salary	Hourly rate
1	Senior Software Engineer	$125,622	$60.40
2	Marketing Director	$125,208	$60.20
3	Division Director	$115,590	$55.57
4	Senior Test Analyst	$84,082	$40.42
5	Computer Systems Analyst	$82,917	$39.86
6	Systems Administrator	$80,154	$38.54
7	Account Executive	$70,350	$33.82
8	Account Manager	$63,990	$30.76
9	Unit Manager	$63,897	$30.72
10	Collection Supervisor	$61,470	$29.55
11	Team Leader	$56,992	$27.40
12	Billing Supervisor	$56,485	$27.16
13	Recovery Specialist	$51,811	$24.91
14	Sales Person	$51,769	$24.89
15	Information Technology Technician	$49,675	$23.88
16	Legal Assistant	$43,767	$21.04
17	Loan Coordinator	$41,974	$20.18
18	Secretary	$37,847	$18.20
19	Office Administrator	$36,586	$17.59
20	Collector	$36,272	$17.44

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How much does Collections pay by location?

The average Collections salary varies by location. Collections salaries are the highest in Los Angeles, CA, at $45,026 per year. Collections pays the second highest average salary in Sugar Land, TX, at $37,538 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest paying Collections locations

Rank	Location	Average Collections salary	Hourly rate
1	Los Angeles, CA	$45,026	$21.65
2	Sugar Land, TX	$37,538	$18.05
3	Coral Gables, FL	$35,747	$17.19

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Collections salaries by department

Salaries at Collections vary depending on the department you work in. Collections salaries in the corporate management department are the highest with an average salary of $115,446. Employees in the it department at Collections receive relatively high salaries as well, with an average salary of $65,390 per year. Departments that don't pay as well at Collections include the healthcare and the administrative organizational functions, with employees earning average salaries of $34,745 and $35,521, respectively.

Average Collections salary by department

Rank	Department	Average Collections salary	Hourly rate
1	Corporate Management	$115,446	$55.50
2	IT	$65,390	$31.44
3	Plant/Manufacturing	$58,419	$28.09
4	Marketing	$57,874	$27.82
5	Finance	$53,023	$25.49
6	Non Profit/Government	$51,471	$24.75
7	Legal	$45,431	$21.84
8	Education	$45,410	$21.83
9	Sales	$40,396	$19.42
10	Accounting	$40,061	$19.26
11	Facilities	$36,927	$17.75
12	Customer Service	$36,079	$17.35
13	Retail	$35,693	$17.16
14	Administrative	$35,522	$17.08
15	Healthcare	$34,746	$16.70

How much does Collections pay by department?

Best paying Collections sales salaries

Rank	Position	Average Collections salary	Hourly rate
1	Account Manager	$63,990	$30.76
2	Jewelry Consultant	$46,472	$22.34
3	Account Representative	$36,662	$17.63
4	Sales Support Assistant	$35,965	$17.29
5	Collections Representative	$35,949	$17.28
6	Debt Collector	$35,474	$17.05
7	Collection Agent	$34,898	$16.78
8	Sales Associate	$32,405	$15.58

Best paying Collections customer service salaries

Rank	Position	Average Collections salary	Hourly rate
1	Operation Support Analyst	$63,818	$30.68
2	Senior Supervisor	$51,657	$24.84
3	Student Loan Collector	$36,672	$17.63
4	Debt Collector	$35,474	$17.05
5	Collection Agent	$34,898	$16.78
6	Collections, Customer Service	$33,791	$16.25
7	Customer Service Representative	$32,595	$15.67
8	Call Center Representative	$30,746	$14.78
9	Call Center Agent	$29,786	$14.32

Best paying Collections administrative salaries

Rank	Position	Average Collections salary	Hourly rate
1	Billing Supervisor	$56,485	$27.16
2	Executive Administrator	$52,255	$25.12
3	Operations Administrator	$45,869	$22.05
4	Front Desk Manager	$42,859	$20.61
5	Clerical Supervisor	$40,808	$19.62
6	Document Specialist	$38,158	$18.35
7	Secretary	$37,847	$18.20
8	Data Entry Associate	$35,750	$17.19
9	Administrative Assistant	$35,301	$16.97
10	Project Management Internship	$33,863	$16.28
11	Front Desk Coordinator	$31,036	$14.92
12	Appointment Coordinator	$31,001	$14.90
13	Data Entry Clerk	$30,746	$14.78
14	Office Assistant	$30,652	$14.74
15	Administrative Associate	$29,815	$14.33
16	Receptionist	$29,452	$14.16
17	Office Clerk	$29,354	$14.11
18	Student Worker	$26,754	$12.86
19	Student Employee	$25,606	$12.31

Frequently asked questions about Collections salaries

Is the pay good at Collections?

What is the starting pay at Collections?

How much does Collections pay an hour?

Have more questions? See all answers to common company questions.

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Updated April 25, 2024

Zippia gives an in-depth look into the details of Collections, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Collections. The employee data is based on information from people who have self-reported their past or current employments at Collections. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Collections. The data presented on this page does not represent the view of Collections and its employees or that of Zippia.

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