Collector salary

A Closer Look at Debt Collectors and Their Role

Working as a debt collector involves having an important role in the fields of finance and law. A debt collector mainly deals with managing and collecting unpaid debts, which may involve contact with both individuals and businesses who owe money. The job requires good communication skills, the ability to handle stress, and a certain level of negotiation skills. Debt collectors are often part of a larger professional group together with pawnbrokers and similar professions.

What Does a Debt Collector Earn?

The salary for a debt collector varies depending on experience and workplace. The average monthly salary for a debt collector is 34 200 kronor. Among men, the average salary is slightly higher at 35 300 kronor, while women earn an average of 33 600 kronor, which corresponds to 95% of men's salaries. The hourly wage for a debt collector on an hourly basis is 206 kronor, based on an average working time of 166 hours per month.

Salary Development and Variances

There has been an increase in the average salary for debt collectors from 32 000 kronor to 34 200 kronor since the last measurement. The highest salaries for debt collectors are 39300 kronor for a female privately employed worker, while the highest salary for a male in the profession is 37000 kronor. On the lower end of the scale, there are salaries of 33500 kronor for a woman with a high school education and 33 600 kronor for a man.

Education and Job Requirements for Debt Collectors

To be successful as a debt collector, it is usually necessary to have an education in finance, law, or administration. Many employers also value practical experience in customer service or similar areas. Some employers may offer internal training to prepare new employees for specific systems and work methods.

Future Prospects and Working Environment

The assessment of the profession of debt collectors and pawnbrokers by the Public Employment Service is limited due to insufficient data, making it difficult to provide an exact forecast for the future. However, generally, the need for debt collectors is stable, thanks to the continuous demand for experts in debt management.

Workplace and Benefits

Debt collectors often work in offices, but there are also opportunities for remote work depending on the employer. Benefits may include flexible working hours and sometimes even the opportunity for paid training. However, these benefits vary greatly among different employers.

Summary of the Debt Collector Profession

Working as a debt collector means taking on a responsible role in debt management and debt collection. With an average salary of 34 200 kronor and an hourly wage of 206 kronor, the profession offers a stable income with opportunities for salary development. Despite the lack of forecasts from the employment service, the need for debt collectors remains constant, making it a potentially secure career choice.