Accountants vs Bill and Account Collectors salary

According to data from the US Bureau of Labor Statistics, the average salary for Accountants is $83,980 per year, while Bill and Account Collectors earn an average of $41,280 annually. This means that Bill and Account Collectors earn a much lower salary than Accountants.

However, it's important to mention that the amount of pay an employee receives can be influenced by factors like location, experience, and the specific setting in which they work. For example, Accountants in Washington DC may have higher earnings (averaging $110,240 per annum) compared to those in Nevada ($65,470). To give another example, the average salary of Bill and Account Collectors in Washington DC is 93% higher compared to those in Mississippi.

Accountants vs Bill and Account Collectors overview

Accountants and Bill and Account Collectors are essential to the Professional, Scientific, and Technical Services industry. People are often interested in learning about the differences between these jobs, as well as the average salaries for each.

Accountant job description

Alternative names: Accountants and Auditors

Accountants examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

Accountant average salary

As reported by the US Bureau of Labor Statistics, in 2021, the number of Accountants employed in the United States was 1.32M, and they earned an average of $83,980 per year. The bottom 10 percent had a salary of $47,970 or less, and the top 10 percent had a salary of $128,970 or more. The average salary marks an increase of 2.8% compared the previous year.

Do Accountants make good money?

The average salary of Accountants is 44% higher than the average salary in the United States ($58,260). On the other hand, they earn 8% less than the average pay of the Professional, Scientific, and Technical Services industry ($91,150).

The average salary of Accountants is 44% higher than the average salary in the United States ($58,260).

Accountants job growth

In 2021, there have been 43,930 more Accountant roles than the previous year nationwide, which marks a growth of 3.4%. Over the past 3 years, job growth has averaged 1.5%.

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

About a half of Bill and Account Collectors hold 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 part of jobs (28%) require a previous experience of 2 to 4 years.

Bill and Account Collectors average salary

As stated by the US Bureau of Labor Statistics, the United States employed 212,900 Bill and Account Collectors in 2021, and the mean income they earned annually was $41,280. The bottom 10 percent had earnings of $28,820 or less, and the top 10 percent had earnings of $59,360 or more. The average salary marks an increase of 1.6% compared the previous year.

Do Bill and Account Collectors make good money?

Bill and Account Collectors salaries are often not as high as those in other fields, as their average salary is about a third lower than the average salary in the United States ($58,260). Additionally, they earn 8% less than the average pay of the Administrative and Support Services industry ($44,870).

Bill and Account Collectors salaries are often not as high as those in other fields, as their average salary is about a third lower than the average salary 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 roles 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%.

FAQ

Do Accountants or Bill and Account Collectors make more?

Accountants make 103% more than Bill and Account Collectors. Bill and Account Collectors average around $41,280 per year, while Accountants make $83,980 per year.