The following information is from the California Projections of Employment published by the Labor Market Information Division. Whether the economy is good or bad, Bill Collectors play a vital role. In a good economy, credit is available and people spend more. In a bad economy, there are more loan delinquencies because money is not readily available. It is important for a business to recover on overdue accounts in order to make a profit and to keep prices low.
Some companies offer a bonus based on the total dollars collected.
Bill Collectors work forty hours a week. The hours are often flexible. National collection agencies have shifts to handle calls to the eastern and pacific time zones. Fringe benefits may include paid vacations, holidays, sick leave, and health and dental insurance. Some employers like to see the completion of some college courses such as accounting, computers, and mathematics.