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Last updated: November 10, 2024
Collections Associate Salary
in Cambridge, United Kingdom
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
£25,783 (GBP)
Average Salary
£12/hr
Average Hourly
£425
Average Bonus
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Last updated: November 10, 2024
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Salary Recap
The average pay for a Collections Associate is £25,783 a year and £12 an hour in Cambridge, United Kingdom. The average salary range for a Collections Associate is between £19,054 and £30,553. On average, a High School Degree is the highest level of education for a Collections Associate. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Cambridge, United Kingdom.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
£28,387
5 Year Change:
10 %
Shift Differentials
Shift Differentials
Calculate Your Shift Differential
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Based on the average salary in the United States, if your pay differential is 10%, your pay will increase by £1.24/hour
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What Is Shift Differential Pay?
Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
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This role may have pay shift differentials that could affect total compensation.
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About Cambridge, United Kingdom
Cambridge Cost of Living Score:
Description:
Cambridge ( KAYM-brij) is a city and non-metropolitan district in the county of Cambridgeshire, England. It is the county town of Cambridgeshire and is located on the River Cam, 55 miles (89 km) north of London. As of the 2021 United Kingdom census, the population of the City of Cambridge was 145,700; the population of the wider built-up area (which extends outside the city council area) was 181,137. Cambridge became an important trading centre during the Roman and Viking ages, and there is archaeological evidence of settlement in the area as early as the Bronze Age. The first town charters were granted in the 12th...
Job Summary
Description:
- Arranges , and relays communication between creditors and customers, facilitates the collection of outstanding payments and negotiation of debt payments.
- Assesses, monitors and inspects debtor accounts ensuring consistency in repayment, and noting delayed or overdue payments.
- Documents and updates debtor account records according to payment schedules and plans, accommodates for larger and off schedule payments.
- Locates and tracks elusive debtors and defaulters utilizing publicly available agencies and credit bureaus.
- Maintains knowledge on compliance requirements from public agencies and legislation.
Collections Associate Job Listings for
No listings found
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Salary Recap
The average pay for a Collections Associate is £25,783 a year and £12 an hour in Cambridge, United Kingdom. The average salary range for a Collections Associate is between £19,054 and £30,553. On average, a High School Degree is the highest level of education for a Collections Associate. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Cambridge, United Kingdom.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Cambridge, United Kingdom
Cambridge Cost of Living Score:
Description:
Cambridge ( KAYM-brij) is a city and non-metropolitan district in the county of Cambridgeshire, England. It is the county town of Cambridgeshire and is located on the River Cam, 55 miles (89 km) north of London. As of the 2021 United Kingdom census, the population of the City of Cambridge was 145,700; the population of the wider built-up area (which extends outside the city council area) was 181,137. Cambridge became an important trading centre during the Roman and Viking ages, and there is archaeological evidence of settlement in the area as early as the Bronze Age. The first town charters were granted in the 12th...
Job Summary
Description:
- Arranges , and relays communication between creditors and customers, facilitates the collection of outstanding payments and negotiation of debt payments.
- Assesses, monitors and inspects debtor accounts ensuring consistency in repayment, and noting delayed or overdue payments.
- Documents and updates debtor account records according to payment schedules and plans, accommodates for larger and off schedule payments.
- Locates and tracks elusive debtors and defaulters utilizing publicly available agencies and credit bureaus.
- Maintains knowledge on compliance requirements from public agencies and legislation.
Collections Associate Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More