In this salary guide, you will find out how much do New Accounts Clerks make.
After reading this, you will be able to make a decision if working as a New Accounts Clerk will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).
$36480 per year
$17.540 per hour
One of the most popular questions we get from our readers here at OwlGuru is how much do New Accounts Clerks make per year and what is their hourly wage.
According to BLS, the average annual salary of New Accounts Clerks is $36480. Their salary can also be as low as $25990 if you’re still a newbie with no experience to over $50010 if you have a ton of experience under your belt.
The typical hourly pay is $17.540 and can range from $12.500 to $24.040 which also depends if you’re a newbie or a professional.
Just like any other job, the salary of A New Accounts Clerk will vary based on your education and experience level.
# = Over $100 per hour or $200,000 per year.
We wanted to make it easy for our readers to compare the salary of A New Accounts Clerk to all the other careers out there. So we created Salary Rank.
This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.
After comparing how much do New Accounts Clerks make with other careers, they have a salary rank of D.
|Highest (Top 10%)||$24.040||$50010|
|Senior (Top 25%)||$19.840||$41260|
|Middle (Mid 50%)||$16.820||$34990|
|Junior (Bottom 25%)||$14.130||$29390|
|No experience (Bottom 10%)||$12.500||$25990|
Entry-level New Accounts Clerks who starts out at $29390 can expect to make $34990 after 3-5 years of experience in the field.
The bottom 10% makes less than $12.500 per hour while the top 10% makes over $24.040 per hour.
While the median wage is $34990 per annum or $16.820 per hour.
Depending on who you work for, you might also get overtime pay.
# = Over $100 per hour or $200,000 per year.
Highest paying industries
|Industry name||Hourly wage||Annual salary|
|Management, Scientific, and Technical Consulting Services||20.97||43610|
|Securities and Commodity Contracts Intermediation and Brokerage||20.13||41870|
|Securities, Commodity Contracts, and Other Financial Investments and Related Activities||19.83||41250|
|Professional, Scientific, and Technical Services||19.1||39740|
|Other Financial Investment Activities||18.73||38950|
|Direct Insurance (except Life, Health, and Medical) Carriers||18.6||38680|
|Management of Companies and Enterprises||17.94||37310|
|Nondepository Credit Intermediation||17.74||36890|
|Other Insurance Related Activities||17.42||36240|
|Other Nondepository Credit Intermediation||16.92||35200|
|Business Support Services||16.93||35200|
|Telephone Call Centers||16.93||35200|
|All industries, private ownership only||16.77||34890|
|Finance and Insurance||16.75||34840|
|Credit Intermediation and Related Activities||16.71||34760|
|Depository Credit Intermediation||16.7||34730|
|Insurance Carriers and Related Activities||16.51||34350|
|Activities Related to Credit Intermediation||16.28||33870|
|Health Care and Social Assistance (including private, state, and local government hospitals)||15.4||32020|
|Agencies, Brokerages, and Other Insurance Related Activities||14.76||30700|
|Insurance Agencies and Brokerages||14.12||29370|
|Hospitals, Privately owned||14.12||29370|
|General Medical and Surgical Hospitals, Privately owned||14.12||29370|
|Hospitals (including private, state, and local government hospitals)||14.11||29350|
|General Medical and Surgical Hospitals (including private, state, and local government hospitals)||14.11||29350|
Not all industries pay the same for New Accounts Clerks.
One of the easiest way to increase your salary is to change industries and find a higher paying one.
Highest paying states
Another simple way to boost your pay as A New Accounts Clerk is to move to a higher paying state. However moving to a higher paying state like DC doesn’t mean you will make more overall. This is because the expenses at DC may be 2x higher than where you are currently living at right now.
According to the BLS, the highest paid / most successful New Accounts Clerks are in the states of DC, NJ, CT, DE and CA. The average salary in DC is $44530.
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They receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution’s various transactions.
They interact with customers to provide information in response to inquiries about products and services and to handle and resolve complaints.
They 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.
They process applications for, changes to, reinstatement of, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on insurance policy changes, changing policy records to conform to insured party’s specifications, compiling data on lapsed insurance policies to determine automatic reinstatement according to company policies, canceling insurance policies as requested by agents, and verifying the accuracy of insurance company records.
They accommodate hotel, motel, and resort patrons by registering and assigning rooms to guests, issuing room keys or cards, transmitting and receiving messages, keeping records of occupied rooms and guests’ accounts, making and confirming reservations, and presenting statements to and collecting payments from departing guests.
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