A person working as a Collections Representative in India will on average earn $14681 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $14,681.00 |
| Weekly salary | $282.33 |
| Daily salary | $40.22 |
| Hourly salary | $5.03 |
This means collections representative salary is below average!
Job Industry: finance
Description: A collections representative is responsible for contacting individuals or businesses who have overdue payments or outstanding debts. They work in various industries, such as finance, healthcare, telecommunications, or retail, and their primary goal is to recover the owed funds. Collections representatives typically communicate with debtors via phone calls, emails, or letters to negotiate payment plans, provide information about outstanding balances, and address any concerns or disputes. They may also update customer records, process payments, and escalate unresolved issues to supervisors or legal departments if necessary. This occupation requires strong communication and negotiation skills, as well as the ability to handle difficult or sensitive conversations professionally. Attention to detail, persistence, and a thorough understanding of relevant laws and regulations are also essential for success in this role.
Tagged with: Collections representative, Debt collection, Payment recovery, Customer communication, Negotiation skills, Financial services