Account Clerk Salary
Pay for Account Clerks in the United States sits in the ballpark of $15.15 per hour. Health benefits are not claimed by all — approximately one in four lack any form of coverage — but a strong majority have medical insurance, and roughly one-half have dental, too. Female Account Clerks far outnumber their male contemporaries among survey respondents. Among folks in this role, job satisfaction levels approximately match the national average. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Job Description for Account Clerk
Account clerks are responsible for tasks such as data entry and filing, updating, and reviewing accounts using computers, ledgers, and accounting software. Some employers maintain their own software in which the account clerk must be trained, while others use common generic software.Read More...
Account clerks maintain financial records and may be called upon to assist with the maintenance and auditing of accounts, including accurately tracking expenses and filing bank statements and other financial documents. Some experience with Microsoft Office software, particularly Word and Excel, may be necessary for this position and a high school diploma or equivalent is often a minimum requirement. Some employers may also require a bookkeeping certification or prefer those with a financial background or some college education.
Account clerks work in a wide range of industries to maintain financial records for businesses big and small. They may work with minimal or regular supervision depending on the size of the employer and delegated responsibilities. Some may work on teams with other account clerks in different departments, and they work primarily in an office setting during regular daytime hours.
Account Clerk Tasks
- Create reports for information pertaining to retirement and payroll.
- Communicate with employees regarding changes in salary, benefits, etc.
- Enter changes to employee payroll records.
- Calculate, key, total, and balance substitute payrolls.
- Handle voluntary and involuntary deductions.
Common Career Paths for Account Clerk
Account Clerks' salaries may rise greatly for those who assume a higher-end position such as an Accounting Manager. The average Accounting Manager brings home $61K per year. As Account Clerks progress in their field, many go on to become Accounts Payable Clerks. In fact, this transition is more common than anything else, and median pay for the role is $31K. Another common career choice for Account Clerks is to move into an Accountant role — this promotion usually pays $44K.
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Pay by Experience Level for Account Clerk
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Account Clerks with a lot of experience do not necessarily enjoy more money. Survey participants with less than five years' experience pocket $31K on average, but those with five to 10 years of experience enjoy a much bigger median of $33K. After working for 10 to 20 years, Account Clerks make a median salary of $34K. After two decades in the workforce, the average Account Clerk generally earns more than ever; median pay for this group is estimated at $36K.