Collections Clerk

October 30, 2016

Collections Clerk Job Description

Bill and Account Collectors Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer’s account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; keeping records of collection and status of accounts.

Collections Clerk Salary Statistics as of 2015

Average annual salary for a Collections Clerk is $30695 based on statistics in the U.S. as of 2015. The highest salary recorded was $40880. The lowest salary reported was $21393. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Collections Clerk is $15.26 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $20.33. The lowest hourly rate recorded was $10.64. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Collections Clerk are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $6100 from people with 15+ years of experience. The average bonus recorded was $2500 from people with under 1 year of experience.

These are the highest paying states for a Collections Clerk. These numbers are based off the median annual salary as of 2015.
Florida – n/a
Missouri – n/a
Texas – n/a

These are the highest paying cities for a Collections Clerk. These numbers are based off the median annual salary as of 2015.
1-4 years –
5-9 years –
10-19 years –

This chart outlines the average annual salary of a Collections Clerk from the past 5 years. In 2015 the average annual salary was $30695 while in 2007 it was just $28466.01

Job Outlook

Gender Statistics

Related Jobs

95%

Based on our stats gathered across the U.S. 5% of Collections Clerks were males while 95% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Customer Service Representative (CSR)
$19,509 – $41,581
Administrative Assistant
$21,321 – $43,574
Office Manager
$24,345 – $56,593

Future Jobs

Collections Specialist
$24,525 – $47,187
Credit / Collections Manager
$31,086 – $78,072
Accounts Receivable Clerk
$21,649 – $39,357