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Payment Recovery Specialist Salary in Wilmington, Delaware

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Payment Recovery Specialist Salary in Wilmington, DE

What is the highest and lowest pay for Payment Recovery Specialist?

As of December 01, 2024, the average annual pay of Payment Recovery Specialist in Wilmington, DE is $58,948. While Salary.com is seeing that the highest pay for Payment Recovery Specialist in Wilmington, DE can go up to $75,218 and the lowest down to $44,389, but most earn between $51,327 and $67,464. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Payment Recovery Specialist in the United States.

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Payment Recovery Specialist Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $64,683 $5,390 $1,244 $31
Average $56,518 $4,710 $1,087 $27
25th Percentile $49,211 $4,101 $946 $24
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Average Salary

25% $51,327 10% $44,389 90% $75,218 75% $67,464 $58,948 50%(Median) Didn’t find job title? Click
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View Payment Recovery Specialist Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Payment Recovery Specialist salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Payment Recovery Specialist hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$49,211
Average
$56,518/year
$64,683
$4,101
Average
$4,710/month
$5,390
$946
Average
$1,087/week
$1,244
$24
Average
$27/hour
$31
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $64,683 $5,390 $1,244 $31
Average $56,518 $4,710 $1,087 $27
25th Percentile $49,211 $4,101 $946 $24
Last Updated on December 01, 2024

View Payment Recovery Specialist Salary by Experience Levels

An entry-level Payment Recovery Specialist with under 1 year experience makes about $56,193. With less than 2 years of experience, a mid-level Payment Recovery Specialist makes around $56,420. After 2-4 years, the Payment Recovery Specialist pay rises to about $57,326. Those senior Payment Recovery Specialist with 5-8 years of experience earn roughly $58,685, and those Payment Recovery Specialist having 8 years or more experience are expected to earn about $61,468 on average.

Levels Salary
Entry Level Payment Recovery Specialist $56,193
Intermediate Level Payment Recovery Specialist $56,420
Senior Level Payment Recovery Specialist $57,326
Specialist Level Payment Recovery Specialist $58,685
Expert Level Payment Recovery Specialist $61,468
$56,193 0 yr
$56,420 < 2 yrs
$57,326 2-4 yrs
$58,685 5-8 yrs
$61,468 > 8 yrs
Last Updated on December 01, 2024
Entry Level 1%
Mid Level 0%
Senior Level 1%
Top Level 4%
Experienced 9%
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Last Updated on December 01, 2024

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Job Openings of Payment Recovery Specialist

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Cost of Living In Wilmington, DE

Cost of Living in Wilmington , DE is
12.4% Higher
than the National Average
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Best-Paid Skills and Qualifications for Payment Recovery Specialist

What skills does a Payment Recovery Specialist need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Project Planning: Project planning is part of project management, which relates to the use of schedules such as Gantt charts to plan and subsequently report progress within the project environment. Project planning can be done manually or by the use of project management software.

3.

Accounting Systems: An accounting system is a system that is employed in a company to organize financial information. It can be either manual or computerized.

See More Skills
Analysis 11.11%
Project Planning 4.76%
Accounting Systems 4.76%
Others 79.37%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Payment Recovery Specialist higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Root Cause Analysis, you can get a 26% salary raise. If you are good at Analysis, your salary will increase by 18%. If you are expert in Decision Making, your salary will rise by 12%.
Skill Salary Demand
Root Cause Analysis
 $74,274
26%
Analysis
 $69,559
18%
Decision Making
 $66,022
12%
Communication Skills
 $64,843
10%
Partnering
 $64,253
9%
Claim Reviews
 $64,253
9%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Payment Recovery Specialist is $58,948 per year in Wilmington, DE, updated at December 01, 2024.
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