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Collections technician hiring summary. Here are some key points about hiring collections technicians in the United States:
Here's a step-by-step collections technician hiring guide:
Generally, collections technicians take responsibility for collecting and managing outstanding accounts receivables from customers and clients. The technicians may work as health his/her torians for blood donations. They train other collection technicians on the procedures and protocols of the company. Part of their job is to demonstrate excellent customer service skills associated with external and internal customers. They take part in team-building or programs in different work environments and also data entry.
First, determine the employments status of the collections technician you need to hire. Certain collections technician roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
Hiring the perfect collections technician also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
The following list breaks down different types of collections technicians and their corresponding salaries.
| Type of Collections Technician | Description | Hourly rate |
|---|---|---|
| Collections Technician | Phlebotomists draw blood for tests, transfusions, research, or blood donations. Some explain their work to patients and provide assistance when patients have adverse reactions after their blood is drawn... Show more | $12-19 |
| Laboratory Phlebotomist | A laboratory phlebotomist is primarily in charge of drawing and processing blood samples from patients and clients for laboratory analysis. They must also perform clerical tasks such as maintaining records of all procedures and results, producing laboratory reports, responding to inquiries, answering calls and correspondence, and liaising with external parties such as vendors and suppliers... Show more | $12-21 |
| Certified Phlebotomist | A certified phlebotomist is a medical professional who specializes in drawing blood through venipuncture or finger and heel pricks, preparing the samples for laboratory procedures. Besides collecting blood, a phlebotomist is also responsible for gathering patient information, verifying identification, reviewing medical histories, labeling vials, and maintaining records, including diagnostic findings... Show more | $12-20 |
Including a salary range in the collections technician job description is a good way to get more applicants. A collections technician salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a collections technician in Kansas may be lower than in California, and an entry-level engineer typically earns less than a senior-level collections technician. Additionally, a collections technician with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $39,122 | $19 |
| 2 | New York | $36,780 | $18 |
| 3 | Connecticut | $35,982 | $17 |
| 4 | Illinois | $34,016 | $16 |
| 5 | Maryland | $33,279 | $16 |
| 6 | Pennsylvania | $32,720 | $16 |
| 7 | Delaware | $29,907 | $14 |
| 8 | South Carolina | $29,728 | $14 |
| 9 | New Mexico | $29,661 | $14 |
| 10 | Indiana | $29,644 | $14 |
| 11 | Florida | $29,181 | $14 |
| 12 | North Carolina | $29,003 | $14 |
| 13 | Texas | $28,961 | $14 |
| 14 | Iowa | $28,528 | $14 |
| 15 | Montana | $27,888 | $13 |
| 16 | Nebraska | $27,819 | $13 |
| 17 | Missouri | $27,541 | $13 |
| 18 | Alaska | $27,442 | $13 |
| 19 | South Dakota | $26,273 | $13 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Clean Harbors | $41,582 | $19.99 | 60 |
| 2 | New York State Restaurant Association | $38,530 | $18.52 | |
| 3 | Quest Diagnostics | $36,589 | $17.59 | 52 |
| 4 | Delaware State Government | $36,181 | $17.39 | |
| 5 | The Field Museum | $34,566 | $16.62 | 1 |
| 6 | CompuCom Systems Inc | $34,236 | $16.46 | |
| 7 | Southern Illinois Healthcare | $32,795 | $15.77 | |
| 8 | Bartlett Regional Hospital | $32,756 | $15.75 | |
| 9 | Penn National Gaming | $32,295 | $15.53 | |
| 10 | Connecticut Children's Medical Center | $31,668 | $15.22 | 1 |
| 11 | Saratoga Hospital | $31,661 | $15.22 | 3 |
| 12 | Trinity Health | $31,541 | $15.16 | 76 |
| 13 | American Red Cross | $31,359 | $15.08 | 94 |
| 14 | Eurofins | $31,052 | $14.93 | 4 |
| 15 | Emerald Coast Utilities Authority | $30,718 | $14.77 | 1 |
| 16 | Examone, A Quest Diagnostics Company | $30,656 | $14.74 | |
| 17 | Pennsylvania State Treasurer | $30,431 | $14.63 | 1 |
| 18 | Remote | $30,320 | $14.58 | |
| 19 | City of Largo | $30,281 | $14.56 | |
| 20 | LAZ Parking | $30,254 | $14.55 |
A job description for a collections technician role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a collections technician job description:
There are a few common ways to find collections technicians for your business:
During your first interview to recruit collections technicians, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best collections technician candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
After that, you can create an onboarding schedule for a new collections technician. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Hiring a collections technician comes with both the one-time cost per hire and ongoing costs. The cost of recruiting collections technicians involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of collections technician recruiting as well the ongoing costs of maintaining the new employee.
Collections technicians earn a median yearly salary is $32,521 a year in the US. However, if you're looking to find collections technicians for hire on a contract or per-project basis, hourly rates typically range between $12 and $19.