ANZSCO 5993

Debt Collectors

Overview

EMPLOYED

5,000

PART-TIME SHARE

16%

FEMALE SHARE

78%

MEDIAN WEEKLY EARNINGS

$1,630

MEDIAN AGE

36

ANNUAL EMPLOYMENT GROWTH

0

About this data

Summary

Debt Collectors collect consumer, commercial, insurance and other forms of debt for clients, make arrangements to settle overdue accounts, formalise payment arrangements and follow up until accounts are fully paid.

Tasks

  • Liaising with clients, credit staff, accounts receivable departments, process servers, Private Investigators, Barristers and Solicitors to find solutions to payment problems
  • Identifying, locating and notifying debtors of overdue accounts in writing, by telephoning and in person, and arranging for payments to be made
  • Tracing addresses of debtors who have moved
  • Arranging new repayment plans for debtors having difficulties making existing repayments
  • Referring debtors' disputes to creditors
  • Issuing instructions for the commencement of legal action and enforcement to recover money
  • Arranging for money and goods collected to be transferred to creditors' possession, and preparing statements of account for creditors
  • Recording amounts collected and noting any further action required
  • Complying with debt collection guidelines and relevant legislation

ANZSCO Classification

Details

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    Earnings and Hours

    Weekly Earnings (Before Tax)
    Source: Share of workers who work full-time hours: ABS, Labour Force Survey, 2023, four-quarter average, customised report.
    Average full-time hours worked per week: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Median full-time earnings per week and Median hourly earnings: ABS, Survey of Employee Earnings and Hours, May 2023, customised report.
    Note: median earnings data have not been produced for some occupations where there is a high standard error, and are published with "N/A" values.
    Earnings and Hours Debt Collectors All Occupations
    Share of workers who work full-time hours 84% 70%
    Average full-time hours worked per week 40 hours 44 hours
    Median full-time earnings per week $1,630 $1,697
    Median hourly earnings $42 $43

    Industries

    Debt Collectors work in industries like:

    Source: Ranked using ABS, Labour Force Survey, 2023, four-quarter average data, custom report.
    Note: industries that comprise less than 5% of an occupation have been suppressed.

    States and territories

    New South Wales

    28.7%

    Victoria

    19.7%

    Queensland

    16.5%

    South Australia

    13.9%

    Tasmania

    3.0%

    Northern Territory

    1.8%

    Australian Capital Territory

    1.9%

    Source: ABS Labour Force Survey, Detailed, August 2024, Jobs and Skills Australia trend data.

    Age and gender

    Age and Gender Profile
    Source: ABS, Labour Force Survey, 2023, four-quarter average, customised report.
    Age and Gender Debt Collectors All Occupations
    Median age 36 years 39 years
    Female share of employment 78% 48%
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Age Profile (% Share) All Occupations Debt Collectors
    15–19 5.2 0.9
    20–24 9.1 10.7
    25–34 22.7 23.8
    35–44 22.3 22.9
    45–54 20.4 21.8
    55–59 8.8 9.1
    60–64 6.5 6.1
    65 and Over 4.9 4.7

    Education

    Registration or licencing may be required.

    Visit

    • Your Career to compare Vocational Education and Training (VET) courses, providers and student outcomes.
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Highest Level of Educational Attainment (% Share) All Occupations Debt Collectors
    Post Graduate/Graduate Diploma or Graduate Certificate 12.2 6.1
    Bachelor degree 23.2 17.3
    Advanced Diploma/Diploma 11.1 13.8
    Certificate III/IV 19.5 18.2
    Year 12 15.9 25.7
    Year 11 4.0 5.1
    Year 10 and below 9.7 8.4
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      Occupation profiles data

      This file contains data displayed on the Occupation Profile pages.

      Use of data in this file must include the relevant attribution text provided.

      Occupation profiles data - November 2024.xlsx

      occupation_profiles_data_-_november_2024.xlsx946664

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      Australian and New Zealand Standard Classification of Occupations

      Australian and New Zealand Standard Classification of Occupations (ANZSCO) is the skill-based classification system used to categorise occupations in the Australian and New Zealand labour markets. ANZSCO provides a basis for the standardised collection, analysis and dissemination of occupation data. Visit the ABS website to learn how ANZSCO works. Jobs and Skills Australia displays data for occupations that are defined by ANZSCO 2013 Version 1.3.