The study compared private collections and IRS collections during four consecutive six-month intervals. Taxpayer Advocate Service found that while private collectors collected more tax dollars in the first six-month period than the IRS, over time IRS collections were more consistent. Private collection agencies had six months of success, before drastically decreasing the dollar amount and percentage of available taxpayer dollars collected.
Leeds, England-based Lowell Group, one of the region’s major employers, is creating 60 new jobs in the city.
Portfolio Recovery Associates UK (PRA UK) is anticipating future growth that could create up to 400 new jobs during the next three years adding to its current 300 staff in Kilmarnock offices, the First Minister Alex Salmond announced today.
CBE Companies, a global business process outsourcing (BPO) company, announced today that it has acquired all of the assets of Nelson, Watson & Associates as of April 1.
ABC-Amega, a global commercial receivable management firm headquartered in Buffalo, NY, is proud to announce the appointment of Paul Strohmeier to the role of Director of Business Development.
Account Control Technology, Inc. (ACT), a national leader in delivering debt management and recovery solutions, is pleased to announce that Michael Magarrell has joined the company as Vice President of Strategic Accounts. Drawing on his more than 27 years of experience in the debt collection industry, Magarrell will lead ACT’s expansion into the auto, financial, […]
CU Recovery, Inc. and the Loan Service Center, Inc., the leading full-service collection agency and collection staffing solution for credit unions, has named Phil DiGiovanni as its newest Business Development Representative. Phil will play an integral part in the continuation of the company’s strategic expansion and addition of services.
U.S. News and World Report released its 2014 list of the 100 Best Jobs in America, and both debt collectors and compliance officers made the list. Debt collection was listed as the 57th best job to have, while compliance officers came in at number 54. What’s more, when looking at the top jobs to have in business, compliance officers made the top 10. Collectors came in just behind at number 11.
We asked readers, in a poll last week, how much it costs to train a new collector. There was an equal split between $2,500-$5,000 and $5,000-$7,500. Should new employees feel like they’re wearing a price tag? “Well, of course, no, not exactly,” said one anonymous hiring manager. “But it’s important that everyone involved understands the […]
AllianceOne is pleased to announce today the addition of Michael Hollerich to the Executive Team as Chief Compliance & Quality Officer.