Position
Salary

How much does a Collections Technician make?

The average salary for a Collections Technician is $43,433 per year in the US.

Becoming a Collections Technician can be a rewarding career choice, both professionally and financially. The average yearly salary for this role is $43,433. This means that, on average, professionals in this field earn nearly $20 per hour. The salary range for Collections Technicians offers a variety of opportunities, depending on experience and skills.

Salary for Collections Technicians can vary significantly. At the entry-level, technicians might start at around $29,650 per year. As experience and expertise grow, salaries can climb. Top-tier professionals can earn over $72,000 annually. This wide range provides many levels to advance through, with opportunities for growth and increased earning potential.

View Collections Technician jobs nearby

What are the highest paying cities for a Collections Technician?

Collections Technician jobs offer competitive pay in several cities. Colorado Springs leads with an average salary of $43,375. Atlanta offers a strong alternative, with an average salary of $39,601. These cities provide good opportunities for those seeking solid compensation in this field.
Graph displaying highest paying cities salaries for Collections Technician jobs, highlighting Colorado Springs, CO with the highest at $43,375 and Atlanta, GA with the lowest at $39,601.
  1. Colorado Springs, CO
    Average Salary: $43,375
    In Colorado Springs, an entry-level role in collections involves ensuring timely payments and maintaining customer relationships. The area's companies, such as Broadridge Financial Solutions, often look for dedicated professionals. Colorado Springs offers a great balance between work and outdoor recreation, making it an attractive place to live and work.
    Find Collections Technician jobs in Colorado Springs, CO


  2. Atlanta, GA
    Average Salary: $39,601
    Working in collections in Atlanta means dealing with fast-paced environments and diverse accounts. Companies like Equifax and TransUnion have a strong presence here. Atlanta's vibrant economy offers many opportunities for career growth and networking. The city's dynamic culture adds to the overall experience of working here.
    Find Collections Technician jobs in Atlanta, GA

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

Veolia offers top salaries for Collections Technicians, averaging around $59,929 a year. These well-paid positions attract professionals looking for stable and rewarding careers. CommonSpirit Health also provides competitive pay, with an average salary of $42,650, making it another excellent choice for those in the field.
Graph displaying best paying company salaries for Collections Technician jobs, highlighting Veolia with the highest at $59,929 and Cordant Health Solutions with the lowest at $36,323.
  1. Veolia
    Average Salary: $59,929
    Veolia offers excellent opportunities for Collections Technicians. They work with clients across North America and Europe. The job involves managing accounts receivable and making sure payments are collected on time. This is a dynamic role with good career growth.


  2. CommonSpirit Health
    Average Salary: $42,650
    CommonSpirit Health provides a rewarding environment for Collections Technicians. They operate in many U.S. states, focusing on patient care. The job includes handling billing and collections for healthcare services. They value teamwork and offer good benefits.


  3. Emory Healthcare
    Average Salary: $39,868
    Emory Healthcare is a leading healthcare provider where Collections Technicians play a key role. Based in Atlanta, Georgia, they manage medical billing and collections. The job requires attention to detail and strong communication skills. Emory offers a supportive work environment.


  4. Cordant Health Solutions
    Average Salary: $36,323
    Cordant Health Solutions provides Collections Technicians with an opportunity to work in a growing field. They focus on medication monitoring and related services. Locations include Denver, Colorado, and other parts of the U.S. This role involves handling billing and ensuring timely payments.

How to earn more as a Collections Technician?

Increasing your earnings as a Collections Technician involves more than just a basic understanding of the job. Success in this role depends on various factors, some of which are within your control. Building a solid foundation of skills and knowledge can lead to higher earnings over time. Attention to detail, strong communication skills, and a thorough understanding of collections processes are essential for success.

Apart from your skill set, several factors can influence your earning potential. Gaining certifications and additional qualifications can open new doors and lead to higher-paying positions. Continuing education in financial and collections software can also set you apart. Seeking promotions and taking on more responsibilities can naturally lead to salary increases. Networking within the industry and maintaining professional relationships can provide insights into better opportunities.

Here are five factors that can help increase your earnings as a Collections Technician:

  1. Obtain certifications: Get trained in relevant areas like credit and collections.
  2. Enhance your software skills: Learn to use industry-specific software and tools.
  3. Seek promotions: Aim for higher positions within your current company.
  4. Network professionally: Build relationships with industry peers and professionals.
  5. Specialize in high-demand areas: Focus on niche areas like healthcare or legal collections.

Currently 22 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
22 Job Openings