Home > Salary > Lebanon > 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: 101,162,943 LBP
Estimated Monthly Salary: 8,430,245 LBP
Estimated Weekly Salary: 1,945,441 LBP per week
Estimated Hourly Salary: 48,636 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,135,488 LBP
Estimated Weekly Salary: 1,877,420 LBP per week
Estimated Hourly Salary: 46,936 LBP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 6,183 USD
Estimated Monthly Salary: 515 USD
Estimated Weekly Salary: 119 USD per week
Estimated Hourly Salary: 3 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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 101,162,943 LBP
Estimated Monthly Salary: 8,430,245 LBP
Estimated Weekly Salary: 1,945,441 LBP per week
Estimated Hourly Salary: 48,636 LBP per hour
By working as Collections Specialist a person can save up to 183 USD per month or 2,199 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 Lebanon, see costs of living in Lebanon.
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 Lebanon
Average Yearly Salary of Collections Specialist in Lebanon is approximately 101,162,943 LBP (6,183 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: 101,162,943 LBP
Estimated Monthly Salary: 8,430,245 LBP
Estimated Weekly Salary: 1,945,441 LBP per week
Estimated Hourly Salary: 48,636 LBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 97,625,850 LBPEstimated Monthly Salary: 8,135,488 LBP
Estimated Weekly Salary: 1,877,420 LBP per week
Estimated Hourly Salary: 46,936 LBP per hour
Last revision of data: 2024-01-03Collections Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,183 USD
Estimated Monthly Salary: 515 USD
Estimated Weekly Salary: 119 USD per week
Estimated Hourly Salary: 3 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
Lebanon is a small country located in the Middle East on the eastern shore of the Mediterranean Sea. It has a diverse population of approximately 6 million people. The country covers an area of around 10,452 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Collections Specialist job salary compared to average salary in Lebanon.
Comparison shows that a person working as Collections Specialist in Lebanon earns on average:
0.81 times the average salary (or 81% of average salary).
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Collections Specialist job salary compared to average salary in Lebanon.
Comparison shows that a person working as Collections Specialist in Lebanon earns on average:
0.81 times the average salary (or 81% of average salary).
Is Collections Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Collections Specialist?
High salary for Collections Specialist would be somewhere between 111,279,237 LBP and 146,686,267 LBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Collections Specialist in Lebanon?
Living in Lebanon the approximate monthly expenses are: 332 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: 101,162,943 LBP
Estimated Monthly Salary: 8,430,245 LBP
Estimated Weekly Salary: 1,945,441 LBP per week
Estimated Hourly Salary: 48,636 LBP per hour
By working as Collections Specialist a person can save up to 183 USD per month or 2,199 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 Lebanon, see costs of living in Lebanon.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Syria, Israel, Cyprus, Jordan. 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
Syria is 2,743 USD
Israel is 40,840 USD
Jordan is 7,090 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 Lebanon
(1,417,299,855 LBP per year, pre-tax.)
2. Cardiologist
(1,175,197,006 LBP per year, pre-tax.)
(1,136,102,693 LBP per year, pre-tax.)
4. Neurosurgeon
(1,108,071,776 LBP per year, pre-tax.)
(1,103,346,164 LBP per year, pre-tax.)
6. Urologist
(1,079,234,675 LBP per year, pre-tax.)
(1,078,809,332 LBP per year, pre-tax.)
(1,078,388,733 LBP per year, pre-tax.)
(1,074,144,669 LBP per year, pre-tax.)
(1,072,787,021 LBP per year, pre-tax.)
Data as of 2025Random salary:
Priest (100,845,000 LBP per year, pre-tax.)
Biologist (222,766,883 LBP per year, pre-tax.)
Accounts receivable lead (111,968,048 LBP per year, pre-tax.)
Plant maintenance manager (196,710,000 LBP per year, pre-tax.)
Weekend anchor (115,946,760 LBP per year, pre-tax.)
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