Commercial collector vs data collector

The differences between commercial collectors and data collectors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a commercial collector and a data collector. Additionally, a commercial collector has an average salary of $36,230, which is higher than the $35,626 average annual salary of a data collector.

The top three skills for a commercial collector include delinquent accounts, customer service and FDCPA. The most important skills for a data collector are audit type, grocery store, and retail store.

Commercial collector vs data collector overview

	Commercial Collector	Data Collector
Yearly salary	$36,230	$35,626
Hourly rate	$17.42	$17.13
Growth rate	-8%	-8%
Number of jobs	42,081	80,812
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 51%
Average age	46	46
Years of experience	12	12

Commercial collector vs data collector salary

Commercial collectors and data collectors have different pay scales, as shown below.

	Commercial Collector	Data Collector
Average salary	$36,230	$35,626
Salary range	Between $29,000 And $43,000	Between $31,000 And $40,000
Highest paying City	Hartford, CT	Washington, DC
Highest paying state	Connecticut	California
Best paying company	Capgemini	EDC
Best paying industry	Finance	Government

Differences between commercial collector and data collector education

There are a few differences between a commercial collector and a data collector in terms of educational background:

	Commercial Collector	Data Collector
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 51%
Most common major	Business	Business
Most common college	-	-

Commercial collector vs data collector demographics

Here are the differences between commercial collectors' and data collectors' demographics:

	Commercial Collector	Data Collector
Average age	46	46
Gender ratio	Male, 39.0% Female, 61.0%	Male, 40.6% Female, 59.4%
Race ratio	Black or African American, 13.4% Unknown, 4.0% Hispanic or Latino, 20.2% Asian, 3.5% White, 58.4% American Indian and Alaska Native, 0.5%	Black or African American, 13.8% Unknown, 4.1% Hispanic or Latino, 20.5% Asian, 3.7% White, 57.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between commercial collector and data collector duties and responsibilities

Commercial collector example responsibilities.

Interpret manage care contracts and/or Medicare and Medicaid rules and regulations to ensure proper reimbursement/collection.
Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Follow the guidelines set by FDCPA
Adhere to FDCPA, state, and federal commercial laws.
Escalate issues with internal business partners for quick resolution to ensure customer satisfaction to maintain health of portfolio against assign metrics.
Collect and record deposits and initiate and/or approve ACH distributions.

Data collector example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Collect from all insurances (HMO, PPO, and MEDICARE).
Attend trainings and abide by HIPAA regulations.
Collect from insurance companies (PPO and Medicare).
Execute database queries in SQL in response to client requests.
Collect pricing information in grocery, office, pet and mass retailers

Commercial collector vs data collector skills

Common commercial collector skills

Delinquent Accounts, 9%
Customer Service, 8%
FDCPA, 8%
Past Due Accounts, 6%
Collection Calls, 6%
Payment Arrangements, 5%

Common data collector skills

Audit Type, 31%
Grocery Store, 17%
Retail Store, 16%
UPC, 10%
PET, 8%
Inter-Rater Reliability, 2%