Position
Salary

How much does a Collections Technician make?

The average salary for a Collections Technician is $43,380 per year in the US.

A Collections Technician plays a vital role in ensuring that businesses receive payments for goods and services. This job involves contacting customers to collect overdue payments. The average yearly salary for a Collections Technician is around $43,380. This figure can vary based on experience, location, and the specific company.


The salary range for Collections Technicians can differ significantly. The lowest-paid 10% earn about $30,000 per year. The highest-paid 10% make over $72,000 annually. Most technicians fall somewhere in the middle, with salaries ranging from $33,897 to $68,974. This range shows that with experience and skill, a Collections Technician can earn a good income.

View Collections Technician jobs nearby

What are the highest paying cities for a Collections Technician?

Job seekers looking for Collections Technician roles can find some of the best pay in Colorado Springs, CO, where the average salary is around $43,437. This city offers a competitive salary for those in the collections field. Atlanta, GA, also provides a strong salary of about $40,049, making it another attractive option for professionals in this industry.
Graph displaying highest paying cities salaries for Collections Technician jobs, highlighting Colorado Springs, CO with the highest at $43,437 and Atlanta, GA with the lowest at $40,049.
  1. Colorado Springs, CO
    Average Salary: $43,437
    In Colorado Springs, a role in collections offers a stable work environment. Many local businesses, including large firms like UCHealth and Broadmoor, provide opportunities. The city's growing economy supports a steady demand for professionals in this field.
    Find Collections Technician jobs in Colorado Springs, CO


  2. Atlanta, GA
    Average Salary: $40,049
    Atlanta presents a vibrant job market for those in collections. Companies like Equifax and SunTrust Bank are prominent employers. The city's diverse economy offers many chances for career growth and stability.
    Find Collections Technician jobs in Atlanta, GA

What are the best companies a Collections Technician can work for?

Job seekers looking for Collections Technician roles can find good opportunities with top-paying companies. CommonSpirit Health offers an average salary of $43,973, making it a strong choice. Emory Healthcare also provides a competitive salary of $38,435, along with other benefits.
Graph displaying best paying company salaries for Collections Technician jobs, highlighting CommonSpirit Health with the highest at $43,973 and Cordant Health Solutions with the lowest at $36,506.
  1. CommonSpirit Health
    Average Salary: $43,973
    CommonSpirit Health offers rewarding roles for Collections Technicians. They work in various locations across the country, ensuring smooth financial operations. Their focus on patient care extends to their employee benefits and work environment.


  2. Emory Healthcare
    Average Salary: $38,435
    Emory Healthcare provides a supportive environment for Collections Technicians. They operate in Atlanta, Georgia, and surrounding areas. The company values teamwork and professional growth, making it a great place to work.


  3. Quest Diagnostics
    Average Salary: $36,813
    Quest Diagnostics offers diverse opportunities for Collections Technicians. They have locations nationwide, focusing on accurate and reliable patient care. The company emphasizes continuous learning and career development.


  4. Cordant Health Solutions
    Average Salary: $36,506
    Cordant Health Solutions provides a stable environment for Collections Technicians. They operate in multiple locations across the U.S., focusing on health and safety. The company values its employees and offers a supportive work culture.

How to earn more as a Collections Technician?

A Collections Technician can increase earnings by focusing on several key areas. Building strong relationships with clients helps secure timely payments. Clear communication and empathy can lead to better payment outcomes. Staying organized and efficient in managing accounts can save time and reduce stress. Continuous learning and staying updated on industry trends can open up new opportunities for advancement.

Specializing in certain areas of collections can also lead to higher earnings. For example, expertise in medical billing or legal collections can command higher pay. Networking with other professionals in the industry can lead to job referrals and better opportunities. Taking on additional responsibilities or certifications can increase value to employers. Seeking out roles with higher base salaries or better commission structures can also make a significant difference.

Here are some factors to consider for earning more as a Collections Technician:

  1. Build strong client relationships.
  2. Stay organized and efficient.
  3. Specialize in high-demand areas.
  4. Network with industry professionals.
  5. Seek higher-paying roles or certifications.

Currently 32 Collections Technician job openings, nationwide.

How's the job market for a Collections Technician in the US?

Learn what a Collections Technician does, how to become one, and understand the job outlook. Get simple steps to start your career as a Collections Technician today.
Position
Overview
Collections Technician
32 Job Openings