Home > Salary > Monaco > Collection Agent
A collection agent is a professional responsible for recovering outstanding debts on behalf of companies or financial institutions. Their main role is to contact individuals or businesses who have overdue payments and negotiate payment arrangements, settlements, or repayment plans. Collection agents utilize various communication methods such as phone calls, emails, and letters to reach out to debtors and attempt to collect the owed funds. They must possess excellent negotiation and persuasion skills to convince debtors to fulfill their financial obligations. Additionally, collection agents may also perform skip tracing to locate debtors who have changed their contact information or are intentionally avoiding payment.
Estimated Yearly Salary: 107,082 EUR
Estimated Monthly Salary: 8,924 EUR
Estimated Weekly Salary: 2,059 EUR per week
Estimated Hourly Salary: 51 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,620 EUR
Estimated Weekly Salary: 1,989 EUR per week
Estimated Hourly Salary: 50 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 106,789 USD
Estimated Monthly Salary: 8,899 USD
Estimated Weekly Salary: 2,054 USD per week
Estimated Hourly Salary: 51 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: 107,082 EUR
Estimated Monthly Salary: 8,924 EUR
Estimated Weekly Salary: 2,059 EUR per week
Estimated Hourly Salary: 51 EUR per hour
By working as Collection Agent a person can save up to 1,456 USD per month or 17,471 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Collection Agent
Last revision of data: 2025-01-04
Data as of 2025
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Collection Agent salary in Monaco
Average Yearly Salary of Collection Agent in Monaco is approximately 107,082 EUR (106,789 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 Collection Agent do?
A collection agent is a professional responsible for recovering outstanding debts on behalf of companies or financial institutions. Their main role is to contact individuals or businesses who have overdue payments and negotiate payment arrangements, settlements, or repayment plans. Collection agents utilize various communication methods such as phone calls, emails, and letters to reach out to debtors and attempt to collect the owed funds. They must possess excellent negotiation and persuasion skills to convince debtors to fulfill their financial obligations. Additionally, collection agents may also perform skip tracing to locate debtors who have changed their contact information or are intentionally avoiding payment.
Skills: Collection agent, Debt recovery, Negotiation skills, Debt collection, Financial services, Skip tracing
Job industry: Finance
Job industry: Finance
How much does Collection Agent make?
Salary details
How much does Collection Agent make?Estimated Yearly Salary: 107,082 EUR
Estimated Monthly Salary: 8,924 EUR
Estimated Weekly Salary: 2,059 EUR per week
Estimated Hourly Salary: 51 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 103,442 EUREstimated Monthly Salary: 8,620 EUR
Estimated Weekly Salary: 1,989 EUR per week
Estimated Hourly Salary: 50 EUR per hour
Last revision of data: 2024-01-03Collection Agent estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 106,789 USD
Estimated Monthly Salary: 8,899 USD
Estimated Weekly Salary: 2,054 USD per week
Estimated Hourly Salary: 51 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
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Collection Agent job salary compared to average salary in Monaco.
Comparison shows that a person working as Collection Agent in Monaco earns on average:
0.63 times the average salary (or 63% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Collection Agent job salary compared to average salary in Monaco.
Comparison shows that a person working as Collection Agent in Monaco earns on average:
0.63 times the average salary (or 63% of average salary).
Is Collection Agent a well paid job?
No, our data shows that Collection Agent is typically not a well-paid job. The salary varies based on experience. Meaning that even though Collection Agent might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Collection Agent?
High salary for Collection Agent would be somewhere between 117,790 EUR and 155,269 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Collection Agent in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 107,082 EUR
Estimated Monthly Salary: 8,924 EUR
Estimated Weekly Salary: 2,059 EUR per week
Estimated Hourly Salary: 51 EUR per hour
By working as Collection Agent a person can save up to 1,456 USD per month or 17,471 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Collection Agent
France is 26,323 USD
Italy is 21,757 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Vault cashier (49,663 EUR per year, pre-tax.)
Blood donor specialist (125,753 EUR per year, pre-tax.)
Sales administration supervisor (223,110 EUR per year, pre-tax.)
Pt grocery associate (74,940 EUR per year, pre-tax.)
Category development analyst (199,274 EUR per year, pre-tax.)
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