Quality Collectors
We are committed to meeting your goals by maintaining a staff
of highly trained professional collectors.
Quality Asset Recovery believes the ability to attract, create
and keep quality collectors is paramount to success. Our best
clients know that our success is combining Quality staff & today's
advanced technology .
Collection agencies are among the highest industries in the
turnover of personnel. The average collection agency provides
little to no incentive for a collector to remain in their employ.
Quality Asset Recovery believes that successful collectors are
our most important assets. More important to you, we treat them
that way! We guarantee an above average income while they are
sharpening their skills. We help them defray their cost of medical
benefits. We share with them the bounties of their hard work
through bonus programs, contests and quarterly commissions. We
want them to get to know our clients and we want you to get to
know the collectors who are successfully handling your accounts.
The principles past success in the collection industry has been
based on our ability to motivate. The Principles of QAR are trained
and certified instructor of the Leadership Management Institute.
This learned skill never goes to waste. The Principles of QAR
presented over 200 seminars as a business consultant. The Principals
have trained collectors for over 25 years. The collectors with
Quality Asset Recovery are among the best-trained professionals
that you can have at your side. One of QAR most requested seminar
is 'Dream, Believe, Achieve' and, upon request,we are willing
to provide this seminar for your staff and management team.
Part of keeping collectors motivated (and successful) is helping
them to believe in their own ability to succeed. Guaranteeing
them more than our competitors is one way of telling them that
we believe in them. Helping them understand the steps necessary
to collect an account is another method we use to provide them
confidence. A knowledgeable collector who is motivated to succeed
becomes a quality collector. QAR is confident in our ability
to create quality collectors.
So, now that you are convinced that we can attract and create
quality collectors, I need to help you understand some of the
things that we do to keep them. It is not an easy job. Collectors
have a job similar to the door-to-door salesman. Almost every
time they talk to someone, they are told, "No, go away!" It
can damage your confidence, create stress and lead to turnover.
Our collectors will be limited to a forty-hour workweek. We
are not trying to avoid overtime costs. We are trying to ensure
that they develop a life outside of the office that requires
them to have a regular income. They could increase their income
by working more, but this would also increase their stress and
lead to turnover.
QAR also has a highly desired upscale
work environment.
Another benefit QAR has is giving the staff the rewards based
on performance throughout the year from contest prizes & monthly
commission to paid days beyond the vacation days given.
The afternoon before a holiday is often a high travel day as
relatives seek out their families to share this time. Often,
you could expect that some (or even all) of our staff will be
rewarded by paid time off on this afternoon. In fact, if you
try to call in this situation to a collector who has been doing
a good job on your inventory and find that they are not in the
office, it is probably because they did a good job for you. Time
off is not only a cheap way of rewarding positive performance;
it helps to reduce the stress that they face. Recognizing their
performance also reduces this stress.
Finally, we try to manage the timing of their rewards. Quarterly
Commission awards provide larger incentive checks to our top
performers than if we rewarded that performance on a weekly or
monthly basis. Our quarterly plan also includes two quarters
where a larger share of the commissions is paid. By timing the
rewards we are able to always maintain an incentive to continue
to stay with QAR. You surely do not expect a collector will be
leaving us in November when they know that they would lose the
paid time off at the end of the year. We plan the quarterly awards
in the same fashion. When they return to work in January, they
will be looking forward to the April awards since they are 25
to 35 percent larger than those in January or July.
Hopefully, we have helped you to understand how carefully we
plan for our success. You will find that we do not believe in
luck. We believe that those who are recognized as 'lucky' were
those who had plans in place to create the opportunity for success.
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