Collections Representative
Collections Representative 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 Representative Salary Statistics as of 2015
Average annual salary for a Collections Representative is $32043 based on statistics in the U.S. as of 2015. The highest salary recorded was $44611. The lowest salary reported was $23331. These figures will vary on a state to state basis as these are averages across all 50 states.
Median hourly wage for a Collections Representative is $15.93 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $22.18. The lowest hourly rate recorded was $11.6. These figures will vary on a state to state basis as these are averages across all 50 states.
Bonuses for a Collections Representative are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $500 from people with 15+ years of experience. The average bonus recorded was $0 from people with under 1 year of experience.
These are the highest paying states for a Collections Representative. These numbers are based off the median annual salary as of 2015.
California – n/a
Illinois – $20,273 – $57,207
Missouri – n/a
New York – n/a
North Carolina – n/a
Pennsylvania – n/a
Texas – $20,134 – $43,705
These are the highest paying cities for a Collections Representative. These numbers are based off the median annual salary as of 2015.
Chicago, Illinois –
Greenville, South Carolina –
Dallas, Texas –
Atlanta, Georgia –
Jacksonville, Florida –
Raleigh, North Carolina –
Buffalo, New York –
This chart outlines the average annual salary of a Collections Representative from the past 5 years. In 2015 the average annual salary was $32043 while in 2007 it was just $29716.11
Job Outlook
Gender Statistics |
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27%
73%
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Based on our stats gathered across the U.S. 27% of Collections Representatives were males while 73% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.
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Past Jobs Collections Specialist |
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