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Collector Compensation Trends: What Actually Works
* The information in this post is based on a financial services survey conducted by Abstrakt for U.S.-based agents and further supported by insights shared during AccountsRecovery.net webinars on compensation trends. If you’re a collections leader struggling to retain talent, increase collections, or balance budgets, collector compensation may be at the core of your challenges. …
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The Call Center Efficiency Playbook
Call centers face immense pressure to cut costs while maintaining or even improving customer experience (CX). Balancing efficiency and CX is a challenge – cutting corners too aggressively can lead to frustrated customers, higher churn rates, and burnt-out agents. However, with the right strategies, call centers can optimize operations, reduce handle times, and boost agent…
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Are You Measuring the Right Call Center KPIs?
Call center leaders track a variety of performance metrics, but are they focusing on the right ones? With so much data available, it’s easy to measure the wrong indicators or rely on vanity metrics that don’t truly reflect customer experience or operational efficiency. In this guide, we’ll explore the most impactful call center KPIs, highlight…
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Managing Remote & Hybrid Call Center Teams
The call center industry has undergone a dramatic shift toward remote and hybrid work models. According to a recent report, over 70% of call centers have transitioned to a remote or hybrid setup, driven by cost savings and employee preference. While these setups offer increased flexibility and access to a broader talent pool, they also…
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13 Collections Call Objections
I wish the entire call was as easy as the first 30 seconds. Confirming the person on the other end and stating why you’re calling are easy. What comes next, you have no idea. In a matter of seconds, you need to blunt their knee jerk reaction, mentally process the objection, and say something moderately…
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The Science of a Great Call: What Top Agents Do Differently
Most of us have experienced it. Some customer service calls are smooth, efficient, and even enjoyable, while others feel like a frustrating maze of confusion. What makes the difference? It turns out that what top agents do differently can be replicated. They follow a set of behaviors backed by science, psychology, and best practices. Great…
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Call Center Efficiency Benchmark Guide
Is your call center truly operating at peak performance or just getting by? Many businesses think they’re hitting their targets until the data tells a different story. That’s where a call center efficiency benchmark becomes essential. This guide will help you measure your performance against industry standards and show how implementing real-time assist and QA…
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How Investing Time in Your Team Drives Operational Success
Call center and operations leaders are often tasked with optimizing efficiency and hitting KPIs, but one critical factor is frequently underestimated: the power of time invested in your team. Research from Gallup indicates that organizations with highly engaged teams are 21% more profitable than their disengaged counterparts, underscoring the significant impact of leadership involvement on…
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Avoiding the Pitfalls of Technology Adoption
Adopting new technology can revolutionize your business, boosting efficiency, enhancing customer experience, and solidifying your competitive edge. However, when poorly executed, technology implementation can lead to wasted resources, frustrated teams, and unmet expectations. Industries such as call centers, financial institutions, debt collections, and insurance companies are particularly dependent on technology to handle high customer volumes,…
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Solving Agent Attrition: Practical Strategies for the Modern Company
Agent attrition is a pervasive challenge in the contact center industry, with turnover rates reaching as high as 30-45% annually in some areas. While many organizations view this as an unavoidable aspect of doing business, high attrition’s financial and operational repercussions are far too significant to ignore. This post explores the staggering costs associated with…
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Scaling Your QA Process Without Adding Overhead
If you’re managing quality assurance (QA) in any industry, you’re probably feeling the pressure. Compliance regulations are only getting stricter, customer expectations are rising, and interaction volumes are growing. Meanwhile, your QA resources remain the same, or worse, you’re being asked to do “more with less”. Sound familiar? So how do you scale your QA…
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Top Leadership Mistakes to Avoid: Insights for Contact Center Leaders
Leadership is as much about self-awareness as it is about guiding others. For instance, consider a leader who regularly seeks feedback from their team and adapts their approach based on that input. This fosters trust and sets the stage for a collaborative environment. However, even the best leaders can fall into traps that hinder team…
Contact Center Leaders
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