Position
Salary

How much does a Collections Technician make?

The average salary for a Collections Technician is $43,363 per year in the US.

If you're eyeing a career as a Collections Technician, it's wise to know about the salary range. This position offers a stable and respectable income. The average yearly salary for a Collections Technician stands at around $43,363. This figure reflects a mix of entry-level roles and more seasoned professionals.


The salary can vary based on several factors. These include experience, location, and specific industry. For example, someone with less than one year of experience may earn closer to $30,000 per year. As experience grows, so does the salary. At the higher end, a more experienced technician might earn up to $73,642 annually. This range provides a clear path for growth and financial stability in the role.

View Collections Technician jobs nearby

What are the highest paying cities for a Collections Technician?

Job seekers looking for high-paying collections technician roles should focus on Colorado Springs, CO. The average salary in this city is around $43,437, offering good compensation. Atlanta, GA, also presents a strong option with an average salary of approximately $39,743. These cities provide competitive opportunities for those in the collections field.
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 $39,743.
  1. Colorado Springs, CO
    Average Salary: $43,437
    In Colorado Springs, a Collections Technician assists businesses in recovering unpaid debts. The area has a number of firms needing help with accounts receivable. Working here means you will gain experience with diverse industries and clients, enhancing your skills and marketability.
    Find Collections Technician jobs in Colorado Springs, CO


  2. Atlanta, GA
    Average Salary: $39,743
    Atlanta offers a dynamic environment for collections professionals. The city is home to many large businesses that rely on collections to maintain cash flow. This role involves handling communications with clients and ensuring payments are received. Atlanta’s business-friendly climate also provides growth opportunities for those in the field.
    Find Collections Technician jobs in Atlanta, GA

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

Companies like CommonSpirit Health and Emory Healthcare offer top salaries for Collections Technician jobs. On average, these firms pay around $43,000 to $40,000 annually. Quest Diagnostics and Cordant Health Solutions also provide competitive salaries, making them good options to explore.
Graph displaying best paying company salaries for Collections Technician jobs, highlighting CommonSpirit Health with the highest at $43,114 and Cordant Health Solutions with the lowest at $36,083.
  1. CommonSpirit Health
    Average Salary: $43,114
    CommonSpirit Health offers collections technician roles in many cities across the U.S. The company values teamwork and innovation. Workers help manage billing and collections for patients. It offers a good work environment with chances to grow.


  2. Emory Healthcare
    Average Salary: $39,501
    Emory Healthcare provides collections technician jobs in Atlanta, Georgia. The company focuses on high-quality patient care. Collections technicians work to ensure patients receive the right care. Emory Healthcare supports training and career growth.


  3. Quest Diagnostics
    Average Salary: $37,008
    Quest Diagnostics hires collections technicians in many locations. The company operates nationwide. Employees help with billing and collections for lab tests. It offers a supportive workplace with many learning opportunities.


  4. Cordant Health Solutions
    Average Salary: $36,083
    Cordant Health Solutions has collections technician roles in various areas. The company provides services for healthcare and wellness. Collections technicians here work on managing patient billing. The company values teamwork and professional growth.

How to earn more as a Collections Technician?

Becoming a Collections Technician can lead to a rewarding career with good earning potential. To maximize earnings, focus on certain key factors that enhance job performance and value. Building skills and experience, seeking certifications, and maintaining good relationships with clients can all play a role in earning more in this field. These factors help a technician stand out and secure higher-paying opportunities.

Here are some strategies to consider to increase earnings as a Collections Technician:

  • Specialize in High-Demand Areas: Focusing on areas with higher demand, such as healthcare collections or legal debt recovery, can increase job opportunities and earnings.
  • Pursue Certifications: Obtaining certifications from recognized bodies can boost credibility and often leads to higher salary offers.
  • Gain Experience: More experience typically leads to higher pay. Seek positions that offer diverse challenges and allow skill development.
  • Enhance Communication Skills: Strong communication skills are vital in collections. Being able to negotiate and resolve disputes effectively can improve job performance and lead to higher earnings.
  • Network Professionally: Building a strong professional network can lead to job opportunities that offer better pay.

Currently 39 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
39 Job Openings