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$46,089

Average Base Salary

$22/hr

Average Hourly Rate

$839

Average Bonus
The average collector payment salary in Colorado, United States is $46,089 or an equivalent hourly rate of $22. This is 0% lower (+$159) than the average collector payment salary in the United States. In addition, they earn an average bonus of $839. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Colorado, United States.
Salary by Experience

$34,996

Entry Level Salary

$60,855

Senior Level Salary
An entry level collector payment (1-3 years of experience) earns an average salary of $34,996. On the other end, a senior level collector payment (8+ years of experience) earns an average salary of $60,855.

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Job Description
Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.

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About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning. Try a free demo of the cloud-based Salary Assessor.

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