How Much Does a Collections Lead make?

Collections Lead made a median salary around $67,028 in December, 2024. The best-paid 25 percent made $76,630 probably that year, while the lowest-paid 25 percent made around $58,850. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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Best-Paying Cities for Collections Lead

The metropolitan areas that pay the highest salary in the Collections Lead profession are Benkelman , Haigler , Max , Palisade , Parks .
Benkelman, NE $70,230
Haigler, NE $70,230
Max, NE $70,230
Palisade, NE $70,230
Parks, NE $70,230

Best-Paying States for Collections Lead

The states and districts that pay Collections Lead the highest salary are District of Columbia (around $79,195) , California (around $78,484) , New Jersey (around $77,985) , Alaska (around $77,487) , and Massachusetts (around $77,416) .
District of Columbia $79,195
California $78,484
New Jersey $77,985
Alaska $77,487
Massachusetts $77,416

What is the Career Path of Collections Lead?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

The first career path typically progresses to Top Collections Executive.
Besides, Collections Lead can also turn to other related jobs, including Collections Team Lead , Billing and Collections Analyst IV , Collections Supervisor and Collections Attorney .

Frequently Asked Questions for Collections Lead

Q: What is the salary range of Collections Lead in Nebraska?
A: In 2024 , the lowest-paid Collections Lead in Nebraska earned an average annual salary of $58,850 , while the highest-paid made $76,630.
Q: What is the salary for a Collections Lead in California?
A: Collections Lead employed in California earned an average salary of $78,484 in 2024.

Average Collections Lead Pay vs. Other Jobs

Collections Lead earned an average salary of $67,028 in 2024. Other jobs related to Collections Lead earned the following average salary in December, 2024. Collections Team Lead made $89,920 , Billing and Collections Analyst IV made $77,490 , Collections Supervisor and Collections Attorney made $66,322 and $85,203 respectively .

Relevant Jobs of Collections Lead

Collections Team Lead - Average Salary $89,920
There is currently no job description for Collections Team Lead, be the first to submit the job responsibilities for Collections Team Lead.
Billing and Collections Analyst IV - Average Salary $77,490
The Billing and Collections Analyst IV maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies. Being a Billing and Collections Analyst IV generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Utilizes AR data to identify trends, inefficiencies, delinquent accounts, and opportunities for improvements to accounts receivable policies and procedures. In addition, Billing and Collections Analyst IV investigates and resolves discrepancies in billings and collections. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May be responsible for ad hoc customer billing and responding to customer inquiries regarding bills. Requires a bachelor's degree. Typically reports to a manager. Being a Billing and Collections Analyst IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as a Billing and Collections Analyst IV typically requires 7+ years of related experience.
Collections Supervisor - Average Salary $66,322
Collections Supervisor supervises the day-to-day process and operations involved with collections on overdue/delinquent accounts. Reviews and develops policies and procedures and ensures compliance. Being a Collections Supervisor initiates demand letters, outbound calls, and handles escalated calls. Monitors collections activities for quality. Additionally, Collections Supervisor ensures that production targets are achieved. May require a bachelor's degree. Typically reports to a manager. The Collections Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be a Collections Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.
Collections Attorney - Average Salary $85,203
Debt collection is the process of pursuing payments of debts owed by individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.
Collections Agent - Average Salary $44,415
There is currently no job description for Collections Agent, be the first to submit the job responsibilities for Collections Agent.