Position
Salary

How much does a Collections Technician make?

The average salary for a Collections Technician is $43,785 per year in the US.

A Collections Technician plays an important role in ensuring businesses receive payments. They work in various industries, including finance, healthcare, and utilities. Their job includes contacting customers to collect overdue payments. This career offers a steady income, with most Collections Technicians earning an average yearly salary of $43,785. This average covers a wide range of salaries.

Here are some specifics about the salary distribution for Collections Technicians:

  • 10.73% earn less than $29,394
  • 14.17% earn between $29,394 and $33,159
  • 20.30% earn between $33,159 and $36,924
  • 13.41% earn between $36,924 and $40,689
  • 7.66% earn between $40,689 and $44,454
  • 12.26% earn between $44,454 and $48,219
  • 4.21% earn between $48,219 and $51,984
  • 5.75% earn between $51,984 and $55,750
  • 1.92% earn between $55,750 and $59,515
  • 1.92% earn between $59,515 and $63,280
  • 2.68% earn more than $63,280
View Collections Technician jobs nearby

What are the highest paying cities for a Collections Technician?

Job seekers aiming for Collections Technician positions can find excellent opportunities in Colorado Springs, CO, and Atlanta, GA. Colorado Springs offers an average salary of $44,025, making it a lucrative choice. Atlanta, GA, provides a strong market with an average salary of $38,916, offering competitive pay in a vibrant city.
Graph displaying highest paying cities salaries for Collections Technician jobs, highlighting Colorado Springs, CO with the highest at $44,025 and Atlanta, GA with the lowest at $38,916.
  1. Colorado Springs, CO
    Average Salary: $44,025
    In Colorado Springs, a role in debt recovery often involves working for local banks or financial institutions. Companies like U.S. Bank and Chase offer various opportunities. You'll interact with customers, ensuring payments are managed efficiently. The city's strong economy and tech-forward companies make it a vibrant place to work.
    Find Collections Technician jobs in Colorado Springs, CO


  2. Atlanta, GA
    Average Salary: $38,916
    Atlanta offers many options for those in debt management. Here, you might find work with major companies like SunTrust Bank or Fifth Third Bank. You will handle customer accounts and assist in resolving payment issues. Atlanta's diverse job market and growing business sector provide a dynamic environment for professionals.
    Find Collections Technician jobs in Atlanta, GA

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

Littleton Adventist Hospital offers high-paying jobs for Collections Technicians, with an average salary of $50,390. Emory Healthcare and Cordant Health Solutions also provide good pay, at $40,023 and $36,557, respectively. Job seekers interested in maximizing their earnings may want to consider these top-paying companies. All three companies have competitive salaries and could offer excellent career opportunities for those in the field. These companies value their staff and provide good compensation.
Graph displaying best paying company salaries for Collections Technician jobs, highlighting Littleton Adventist Hospital with the highest at $50,390 and Cordant Health Solutions with the lowest at $36,557.
  1. Littleton Adventist Hospital
    Average Salary: $50,390
    Littleton Adventist Hospital offers rewarding roles for Collections Technicians in Colorado. Employees focus on patient account management with a commitment to compassionate care. The hospital operates in the vibrant town of Littleton, providing a dynamic work environment.


  2. Emory Healthcare
    Average Salary: $40,023
    At Emory Healthcare, Collections Technicians play a key role in financial services within one of Georgia’s largest health systems. This position involves working across multiple locations, including Atlanta and surrounding areas. Emory offers a supportive team and a focus on excellence in patient care.


  3. Cordant Health Solutions
    Average Salary: $36,557
    Cordant Health Solutions provides Collections Technician jobs in Colorado and several other states. These roles include managing clinical data and ensuring compliance with health regulations. The company values innovation and teamwork, making it an ideal place for professionals looking for a stable career.

How to earn more as a Collections Technician?

Becoming a successful Collections Technician can lead to more than just job satisfaction. Earning more in this role requires a mix of skills, knowledge, and a proactive approach. By enhancing certain aspects of your work, job seekers can increase their potential for higher pay.

Dedicated professionals in this field can improve their earnings by focusing on the following areas. First, gaining experience and expertise in collections can lead to higher pay. This means understanding different types of debt and the best ways to collect it. Second, obtaining certifications in debt collection can set a technician apart and lead to better job opportunities. Third, developing strong communication skills helps in negotiating with debtors and reduces the time spent on each case. Fourth, staying updated on changes in debt collection laws and regulations ensures compliance and better service. Finally, building a strong network with other professionals in the industry can open doors to higher-paying positions and collaborations.

To summarize, the potential to earn more as a Collections Technician lies in continuous learning, professional growth, and networking. By focusing on these areas, job seekers can enhance their career and achieve greater financial rewards.

  1. Gain experience and expertise in collections
  2. Obtain certifications in debt collection
  3. Develop strong communication skills
  4. Stay updated on debt collection laws and regulations
  5. Build a strong professional network

Currently 16 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
16 Job Openings