Position
Salary

How much does a Collections Technician make?

The average salary for a Collections Technician is $43,514 per year in the US.

A Collections Technician helps make sure businesses and organizations get the payments they are owed. This job can be rewarding both financially and in terms of job satisfaction. The average yearly salary for a Collections Technician is $43,514. This means many professionals in this field earn a stable income.

Salary for a Collections Technician can vary based on experience and location. For example, those just starting out can expect to earn around $30,000 per year. With more experience, that number can rise. The top earners, who have been in the field for many years or have specialized skills, can make up to $73,642 per year. This shows a good opportunity for growth and advancement in this career.

Understanding the salary range can help job seekers set realistic goals and make informed career choices. It can also aid in negotiating salary packages. By knowing the average and range, a job seeker can better position themselves in the job market.

View Collections Technician jobs nearby

What are the highest paying cities for a Collections Technician?

Collections Technicians can find excellent opportunities in cities like Colorado Springs and Atlanta. In Colorado Springs, the average salary stands at $43,437, offering a good financial reward. Atlanta, Georgia, follows closely with an average salary of $39,859, providing a stable income for professionals in this field. These cities present solid choices for those looking to advance their careers in collections.
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 $39,859.
  1. Colorado Springs, CO
    Average Salary: $43,437
    In Colorado Springs, professionals manage overdue accounts and work to resolve debts for clients. Companies like U.S. Bank and Chase offer these roles. The city's supportive work environment helps manage stress and achieve targets efficiently.
    Find Collections Technician jobs in Colorado Springs, CO


  2. Atlanta, GA
    Average Salary: $39,859
    Atlanta provides diverse opportunities in debt collection with major employers like Synchrony Financial and GEICO. The city's dynamic economy offers growth and learning. Workers collaborate closely to maintain good client relations and contribute to company success.
    Find Collections Technician jobs in Atlanta, GA

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

A career as a Collections Technician offers opportunities with several top-paying companies. CommonSpirit Health leads the way with an average salary of $43,540. Emory Healthcare and Quest Diagnostics follow closely, offering average salaries of $39,375 and $36,693, respectively. Cordant Health Solutions also provides competitive pay, with an average salary of $36,178. These companies value skilled Collections Technicians and provide a good starting point for job seekers in this field.
Graph displaying best paying company salaries for Collections Technician jobs, highlighting CommonSpirit Health with the highest at $43,540 and Cordant Health Solutions with the lowest at $36,178.
  1. CommonSpirit Health
    Average Salary: $43,540
    CommonSpirit Health offers rewarding career opportunities for Collections Technicians. They have several locations across the United States, including Denver, Colorado, and Phoenix, Arizona. At CommonSpirit Health, Collections Technicians work in a team environment to manage patient accounts and ensure timely payment.


  2. Emory Healthcare
    Average Salary: $39,375
    Emory Healthcare provides excellent salaries for Collections Technicians. They operate in Atlanta, Georgia, and offer a supportive work culture. Collections Technicians at Emory Healthcare focus on resolving patient billing issues and maintaining accurate records.


  3. Quest Diagnostics
    Average Salary: $36,693
    Quest Diagnostics is a leading provider with numerous locations nationwide. Based in Secaucus, New Jersey, they offer competitive pay for Collections Technicians. Employees handle tasks like insurance verification and account follow-ups to ensure efficient billing processes.


  4. Cordant Health Solutions
    Average Salary: $36,178
    Cordant Health Solutions provides a stable environment for Collections Technicians. They are located in Denver, Colorado, and focus on managing healthcare accounts. Technicians work closely with patients and healthcare providers to resolve billing concerns and streamline payment processes.

How to earn more as a Collections Technician?

Becoming a Collections Technician offers many opportunities to earn more in the long run. Focus on the following key factors to enhance earnings:

  1. Experience: Gain more experience by working in various collection environments. Each role teaches new skills and strategies for handling different types of debts. Experience often leads to higher-paying opportunities.
  2. Certifications: Pursue relevant certifications like the Certified Collections Professional (CCP) or similar credentials. These can boost credibility and potentially increase earning potential.
  3. Networking: Build a strong network within the industry. Attend conferences, join professional groups, and connect with peers. Networking can open doors to better job opportunities and higher salaries.
  4. Skill Development: Continuously improve skills like communication, negotiation, and customer service. These skills are highly valued and can lead to salary increases or promotions.
  5. Performance: Always strive for excellence in performance. Set and meet challenging goals. High performance often results in bonuses, raises, or promotions.

By focusing on these factors, a Collections Technician can increase earnings and build a successful career in the industry.

Currently 29 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
29 Job Openings