KPI Benchmarks : Accounts per Collections Employee
- Benchmark Range
- Benchmark Average
- Benchmark Sample Size (n)
* Is High or Low Best:
Accounts per Collections Employee
Accounts per Collections Employee measures the overall workload and productivity of the Collections Department (or a collections agency) on a per employee basis. A relatively high value for this KPI is preferred, as that would mean each Collections Department employee is handling a large number of delinquent accounts, minimizing overhead costs within the group. This, however, must be balanced with the quality and effectiveness of collections methods, as a workforce that is spread thin across several delinquent accounts may exhibit below average contact and recovery rates. Collections functions that exhibit both high productivity and effectiveness share certain common traits, including standard methods to assign and prioritize delinquent accounts, assignment of low-value administrative tasks to lower cost employees, automated dialing and follow-up methods, and clearly established metrics to assess collector performance.
The total number of delinquent accounts managed by the Collections Department, or agency, divided by the total number of employees working in the Collections Department (includes administrative and support employees, as well as Collections agents and managers) at the same point in time.
KPI Calculation Instructions Accounts per Collections Employee?
KPI Formula :