Salary Data

Payment Recovery Specialist Salary

How much does a Payment Recovery Specialist make in the United States?
Get the insights on the salary, benefits, education, and job description.
Salary Data for Payment Recovery Specialist

$39,435 (USD)/yr

$19 (USD)/hr

$651 (USD)/yr

$39,002 (USD)/yr

$19 (USD)/hr

$651 (USD)/yr

Job Description
Receives installments or past due accounts, damage claims, or non-payable checks from customers. Locates and attempts to persuade customer to pay amount due or arranges for payment at later date via phone, mail, or visits. Accommodates for loan extensions and modifications and arranges pay schedules.
The average payment recovery specialist salary in United States is $39,435 or an equivalent hourly rate of $19. In addition, they earn an average bonus of $651. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Compensation Data Based on Experience

$29,647 (USD)

$47,540 (USD)

Education
Education data not available for this job

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Salary Potential

$45,716 (USD)

16 %

Based on our compensation data, the estimated salary potential for Payment Recovery Specialist will increase 16 % over 5 years.

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About The Data
The above data is a sample of data available in ERI's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. 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.
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