Synchrony Collection Specialist Salaries by 4 Employees (Updated 2025)

1 - 5 years exp.

₹4 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (76%)

₹3.6 Lakhs

Variable (24%)

₹1.1 Lakh

19% less than the average Collection Specialist Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 10 Jan 2025

Companies similar to Synchrony for Collection Specialist

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Collection Specialist Salary 2 - 31 years exp. (22 salaries)	₹5 L/yr - ₹8.6 L/yr 57% more	1 job opening
American Express Collection Specialist Salary 0 - 6 years exp. (5 salaries)	₹5 L/yr - ₹11 L/yr 52% more
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Ups Logistics Collection Specialist Salary 2 - 8 years exp. (36 salaries)	₹6.1 L/yr - ₹8.5 L/yr 57% more
Genpact Collection Specialist Salary 1 - 7 years exp. (27 salaries)	₹3.5 L/yr - ₹6.1 L/yr 4% less
PayPal Collection Specialist Salary 2 - 8 years exp. (19 salaries)	₹4.9 L/yr - ₹7.3 L/yr 26% more

Collection Specialist salary at Synchrony ranges between ₹4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Synchrony.

Experience wise Synchrony Collection Specialist salaries

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

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Salary related reviews for Synchrony

Senior Process Associate in Hyderabad / Secunderabad

Full Time

Customer Support Department

3.0

• posted on 06 May 2021

2.0

for Salary and Benefits

Likes

Good work environment and culture. Management is supportive. There is a huge cafeteria ,free gym , cool gaming arcade and chilling area .Good benefit like free transport.

Job security - Good

+1 more

Dislikes

No incentives, , No night shift allowance. No Bonus and Yearly increment is very poor n below average. Rotational shift , Split off Only good for freshers.

Salary - Poor

+2 more

Process Developer in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

3.0

• posted on 10 Feb 2019

3.0

for Salary and Benefits

Likes

Leadership team shows the concern on Employess issues n problem. Business structure for customers is good but not for employees. Synchrony is a company who always support equal opportunity to PDN n women to achieve their professional goals in their life.

Dislikes

Growth structure in terms of less designation opening in IJP's . Outsiders get better salary but person who given years n years religiously to company hardly get satisfactory hike in pay.

Promotions - Poor

+1 more

Senior Analyst in Hyderabad / Secunderabad

Analytics Department

4.0

• posted on 08 Jun 2021

2.0

for Salary and Benefits

Likes

As for me I got to work in good teams. I was part of Analytics dept. And worked for 4 yrs approximately. Quality of work was good when I joined as part of GE Capital Retail Finance but after it became Synchrony lot of changes happened and work quality was impacted. Job security, free transport,work from home, team outings were some of the good things.

Skill development - Good

+3 more

Dislikes

Cafeteria sucks, management biased towards South Indian people. Salary not par with market for same experience bucket. Growth opportunity is not so good

Salary - Poor

Customer Solution Representative 2 in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 18 Apr 2023

3.0

for Salary and Benefits

Likes

Synchrony provides the best environment for a fresher to start their career. They also provide all facilities for their employees and take great consideration for their benefit.

Job security - Excellent

+3 more

Dislikes

The salary, as they don't provide incentives or bonuses for employees who would do well compared to others

Senior Customer Service Representative in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Sep 2022

4.0

for Salary and Benefits

Likes

Synchrony financials is a great place to work . I have worked with the most kind and professional team . Mentors are very supportive. Synchrony cares about thier employees That's what it makes the company a great place to work.

Salary - Good

+5 more

Dislikes

Unseen Politics . Leave policies Salary hike

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Synchrony Collection Specialist Salary FAQs

What is the salary of Collection Specialist at Synchrony ?

The average salary of a Collection Specialist at Synchrony in India typically ranges from ₹4.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Collection Specialist at Synchrony earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Collection Specialist Salaries at Synchrony can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Synchrony employees in India.

What is the estimated take home salary of a Collection Specialist at Synchrony in India?

The estimated take-home salary of a Collection Specialist at Synchrony in India typically ranges from ₹35,254 to ₹36,490 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Synchrony. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Synchrony for Collection Specialist in India?

JPMorgan Chase & Co.	₹5.0 Lakhs to ₹8.6 Lakhs per year
Ups Logistics	₹6.1 Lakhs to ₹8.5 Lakhs per year
American Express	₹5.0 Lakhs to ₹11.0 Lakhs per year
PayPal	₹4.9 Lakhs to ₹7.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Synchrony, depending on the role and experience level.

What is the salary of a Collection Specialist in companies similar to Synchrony in India?

The salary of a Collection Specialist at companies similar to Synchrony in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Genpact

₹3.5 Lakhs to ₹6.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Collection Specialist at Synchrony in India?

The salary growth for a Collection Specialist at Synchrony depends on factors such as experience, performance, and promotions. On average, a Collection Specialist can expect the following growth trajectory at Synchrony:

Experience	Average Salary Range
1 year	₹4.2 Lakhs to ₹5.3 Lakhs per year
3 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Synchrony Collection Specialist Salaries

Synchrony Collection Specialist salary in India ranges between ₹4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Synchrony latest salaries received from various employees of Synchrony.