According to the US Bureau of Labor Statistics, the average annual salary for Bill and Account Collectors is $41,280, while the average annual salary for Executive Secretaries is $66,870. This means that Executive Secretaries earn a much higher salary than Bill and Account Collectors.
Keep in mind, however, that factors such as location, experience, and the specific workplace can affect salary. For instance, Bill and Account Collectors in Washington DC may have higher earnings (averaging $62,840 per year) compared to those in Mississippi ($32,640). As another example, the average salary of Executive Secretaries in New York is 77% higher than those in South Dakota.
Bill and Account Collectors vs Executive Secretaries overview
Bill and Account Collectors and Executive Secretaries are crucial to the Professional, Scientific, and Technical Services industry. Many people are interested in understanding the distinctions between these job titles, including the average earnings for each of them.
Bill and Account Collectors job description
Bill and Account Collectors locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer’s account, preparing statements to credit department if customer fails to respond, initiating repossession proceedings or service disconnection, and keeping records of collection and status of accounts.
Bill and Account Collectors education and experience
Of Bill and Account Collectors, about a half have completed a High School Diploma, 27% have a College Course Certificate, and 21% hold a Bachelor's Degree. Regarding experience, 43% of Bill and Account Collectors jobs require a 6 months to 1 year of experience in the field. A smaller percentage of jobs (28%) require a previous experience of 2 to 4 years.
Bill and Account Collectors average salary
According to the US Bureau of Labor Statistics, there were 212,900 Bill and Account Collectors employed in the United States in 2021, and they earned a mean annual income of $41,280. The bottom 10 percent earned $28,820 or less, and the top 10 percent earned $59,360 or more. Compared to the previous year, the average salary is up by 1.6%.
Do Bill and Account Collectors make good money?
Bill and Account Collectors are not typically well paid, as their average salary is about a third lower than the average wage in the United States ($58,260). Additionally, they earn 8% less than the average wage of the Administrative and Support Services industry ($44,870).
Bill and Account Collectors are not typically well paid, as their average salary is about a third lower than the average wage in the United States ($58,260).
Bill and Account Collectors job growth
The demand for Bill and Account Collectors in the workforce has decreased in the last two years. In 2021, there have been 9,130 less positions than the previous year nationwide, which marks a decrease of 4.1%. The average job growth over the past 3 years has been -5.4%.
Executive Secretary job description
Alternative names: Executive Secretaries and Executive Administrative Assistants
Executive Secretaries provide high-level administrative support by conducting research, preparing statistical reports, and handling information requests, as well as performing routine administrative functions such as preparing correspondence, receiving visitors, arranging conference calls, and scheduling meetings. May also train and supervise lower-level clerical staff.
Executive Secretary education and experience
About a third of Executive Secretaries have completed an Associate's Degree, 24% hold a High School Diploma, and 21% have a College Course Certificate. When it comes to experience, about a third of Executive Secretary occupations require a 2 to 4 years of previous work-related experience. A smaller number of roles (29%) require a previous experience of 1 to 2 years.
Executive Secretary average salary
Based on data from the US Bureau of Labor Statistics, 466,910 Executive Secretaries were employed by the United States in 2021, and their average annual wage was $66,870. The lowest earning 10 percent made $38,620 or less, and the highest earning 10 percent made $98,280 or more per year. Compared to the previous year, the mean salary has grown by 2.5%.
Do Executive Secretaries make good money?
Executive Secretaries usually receive good salaries, since their mean salary is 15% above the average wage in the United States ($58,260). Furthermore, they make 9% more than the mean earnings of the Educational Services industry ($61,620).
Executive Secretaries usually receive good salaries, since their mean salary is 15% above the average wage in the United States ($58,260).
Executive Secretaries job growth
The number of Executive Secretaries being employed has decreased over the past two years. In 2021, there have been 36,480 less positions than the previous year across the nation, and that marks a decrease of 7.2%. The average job growth rate for the past 3 years has been -6.5%.
FAQ
Do Bill and Account Collectors or Executive Secretaries make more?
Executive Secretaries make 62% more than Bill and Account Collectors. The average annual pay for Bill and Account Collectors is $41,280, compared to $66,870 for Executive Secretaries.