Position
Salary

How much does a Collections Technician make?

The average salary for a Collections Technician is $43,370 per year in the US.

A Collections Technician plays a key role in ensuring that businesses and organizations receive payments owed to them. This job involves contacting debtors to collect overdue payments. The average yearly salary for a Collections Technician is around $43,370. This figure can vary based on experience, location, and the specific industry.


The salary range for Collections Technicians can be quite broad. At the lower end, some technicians earn around $30,000 per year. As experience and skills grow, salaries can increase. The top-earning technicians can make up to $69,852 annually. Factors such as education, certifications, and the complexity of the accounts managed can also influence earnings. This range shows that there are good opportunities for growth in this field.

View Collections Technician jobs nearby

What are the highest paying cities for a Collections Technician?

Job seekers looking for Collections Technician roles can find high salaries in Colorado Springs and Atlanta. Colorado Springs offers an average salary of $43,516, while Atlanta provides $40,191. These cities offer competitive pay and good opportunities for professionals in this field.
Graph displaying highest paying cities salaries for Collections Technician jobs, highlighting Colorado Springs, CO with the highest at $43,516 and Atlanta, GA with the lowest at $40,191.
  1. Colorado Springs, CO
    Average Salary: $43,516
    In Colorado Springs, professionals in debt recovery often work for companies like Credit Bureau and local financial institutions. The job involves contacting clients to collect overdue payments. The city's growing economy offers many opportunities for career growth.
    Find Collections Technician jobs in Colorado Springs, CO


  2. Atlanta, GA
    Average Salary: $40,191
    Atlanta is a hub for financial services, making it a great place for those in debt recovery. Companies like Equifax and local banks hire for these roles. The job focuses on resolving outstanding debts and maintaining good client relationships. Atlanta's dynamic job market provides a chance for advancement.
    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 and Quest Diagnostics also provide competitive salaries, with averages of $38,629 and $38,285, respectively. Cordant Health Solutions rounds out the list with an average salary of $36,092.
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 $36,092.
  1. CommonSpirit Health
    Average Salary: $43,973
    CommonSpirit Health offers rewarding roles for Collections Technicians. They work in various locations, including California, Colorado, and Texas. The company values teamwork and offers growth opportunities.


  2. Emory Healthcare
    Average Salary: $38,629
    Emory Healthcare provides a supportive environment for Collections Technicians. They operate in Georgia, with a focus on patient care. The company emphasizes professional development and a positive work culture.


  3. Quest Diagnostics
    Average Salary: $38,285
    Quest Diagnostics is a leading company in the healthcare industry. They offer roles for Collections Technicians in many states. The company values accuracy and efficiency in their work.


  4. Cordant Health Solutions
    Average Salary: $36,092
    Cordant Health Solutions provides a dynamic environment for Collections Technicians. They operate in multiple locations across the U.S. The company focuses on innovation and patient-centered care.

How to earn more as a Collections Technician?

A Collections Technician can increase their earnings by focusing on several key areas. Building strong relationships with clients can lead to better payment terms and quicker resolutions. This approach not only improves job satisfaction but also boosts overall earnings. Another factor is gaining expertise in different types of debt collections. Specializing in areas like medical billing or utility collections can make a technician more valuable to employers.

Continuous learning and certification can also lead to higher pay. Certifications in debt collection practices or customer service can set a technician apart. Staying updated with the latest industry trends and technologies can improve efficiency and effectiveness. Networking with other professionals in the field can open up opportunities for higher-paying positions. Attending industry conferences and joining professional groups can provide valuable connections and insights.

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

  1. Build strong client relationships
  2. Specialize in specific types of collections
  3. Obtain relevant certifications
  4. Stay updated with industry trends
  5. Network with industry professionals

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