Home > Salary > Estonia > Collections Specialist
A collections specialist is responsible for managing and collecting outstanding debts from customers or clients. They work in various industries, including finance, healthcare, and retail, ensuring that overdue payments are recovered efficiently and effectively. The main duties of a collections specialist include contacting debtors to negotiate payment plans, investigating delinquent accounts, updating account information, and maintaining accurate records of collection activities. They must possess strong communication and negotiation skills to handle difficult situations and have a thorough understanding of relevant laws and regulations.
Estimated Yearly Salary: 20,650 EUR
Estimated Monthly Salary: 1,721 EUR
Estimated Weekly Salary: 397 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,657 EUR
Estimated Weekly Salary: 382 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 20,505 USD
Estimated Monthly Salary: 1,709 USD
Estimated Weekly Salary: 394 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 20,650 EUR
Estimated Monthly Salary: 1,721 EUR
Estimated Weekly Salary: 397 EUR per week
Estimated Hourly Salary: 10 EUR per hour
By working as Collections Specialist a person can save up to 603 USD per month or 7,238 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Estonia, see costs of living in Estonia.
Estimated Yearly Salary for Collections Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Collections Specialist salary in Estonia
Average Yearly Salary of Collections Specialist in Estonia is approximately 20,650 EUR (20,505 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Collections Specialist do?
A collections specialist is responsible for managing and collecting outstanding debts from customers or clients. They work in various industries, including finance, healthcare, and retail, ensuring that overdue payments are recovered efficiently and effectively. The main duties of a collections specialist include contacting debtors to negotiate payment plans, investigating delinquent accounts, updating account information, and maintaining accurate records of collection activities. They must possess strong communication and negotiation skills to handle difficult situations and have a thorough understanding of relevant laws and regulations.
Skills: Collections Specialist, Debt Collection, Account Receivables, Negotiation Skills, Financial Recovery, Delinquent Accounts.
Job industry: Finance
Job industry: Finance
How much does Collections Specialist make?
Salary details
How much does Collections Specialist make?Estimated Yearly Salary: 20,650 EUR
Estimated Monthly Salary: 1,721 EUR
Estimated Weekly Salary: 397 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 19,884 EUREstimated Monthly Salary: 1,657 EUR
Estimated Weekly Salary: 382 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Last revision of data: 2024-01-02Collections Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 20,505 USD
Estimated Monthly Salary: 1,709 USD
Estimated Weekly Salary: 394 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Estonia, located in Northern Europe, is a small country with a population of approximately 1.3 million people. It covers an area of around 45,000 square kilometers, making it one of the smallest countries in the European Union. Despite its size, Estonia has made significant advancements in technology and digital innovation, earning it the nickname "e-Estonia."
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Collections Specialist job salary compared to average salary in Estonia.
Comparison shows that a person working as Collections Specialist in Estonia earns on average:
0.82 times the average salary (or 82% of average salary).
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Collections Specialist job salary compared to average salary in Estonia.
Comparison shows that a person working as Collections Specialist in Estonia earns on average:
0.82 times the average salary (or 82% of average salary).
Is Collections Specialist a well paid job?
Yes, our data show that Collections Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Collections Specialist?
High salary for Collections Specialist would be somewhere between 22,715 EUR and 29,943 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Collections Specialist in Estonia?
Living in Estonia the approximate monthly expenses are: 1,106 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 20,650 EUR
Estimated Monthly Salary: 1,721 EUR
Estimated Weekly Salary: 397 EUR per week
Estimated Hourly Salary: 10 EUR per hour
By working as Collections Specialist a person can save up to 603 USD per month or 7,238 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Estonia, see costs of living in Estonia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Russia, Latvia, Finland.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Collections Specialist
Russia is 9,520 USD
Latvia is 16,036 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Estonia
(288,066 EUR per year, pre-tax.)
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(240,102 EUR per year, pre-tax.)
(231,505 EUR per year, pre-tax.)
4. Neurosurgeon
(224,746 EUR per year, pre-tax.)
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(219,685 EUR per year, pre-tax.)
(218,978 EUR per year, pre-tax.)
8. Urologist
(218,750 EUR per year, pre-tax.)
(218,678 EUR per year, pre-tax.)
10. Dermatologist
(218,557 EUR per year, pre-tax.)
Data as of 2025Random salary:
Machine operator injection (15,930 EUR per year, pre-tax.)
Casting engineer (23,781 EUR per year, pre-tax.)
Speech pathologist (43,986 EUR per year, pre-tax.)
Quality engineer automotive batteries (30,937 EUR per year, pre-tax.)
Vb.net software developer (28,225 EUR per year, pre-tax.)
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Please note:The salary figures presented here are intended for informational purposes solely.
The salary figures presented here are intended for informational purposes solely. While we strive to ensure accuracy, we cannot guarantee all figures is flawless. Users are advised to confirm salary details with official sources before making critical career decisions. Salary amounts may fluctuate due to economic shifts, demand variations, and regional factors. We disclaim responsibility for inaccuracies in the compensation data displayed.
This website displays salary figures exclusively for reference purposes. While we endeavor for correctness, we do not ensure the precision of all figures. Users must double-check salary details with reliable organizations before making financial plans. Salary amounts can vary based on numerous elements, such as company size, negotiation tactics, and industry demand. We accept no responsibility for errors in the salary estimates provided. By accessing optisalary.com, you accept that salary data is subject to change.