Contract processor vs word processor operator

The differences between contract processors and word processor operators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a contract processor and a word processor operator. Additionally, a contract processor has an average salary of $35,234, which is higher than the $30,130 average annual salary of a word processor operator.

The top three skills for a contract processor include data entry, computer system and contract data. The most important skills for a word processor operator are data entry, powerpoint, and transcription.

Contract processor vs word processor operator overview

	Contract Processor	Word Processor Operator
Yearly salary	$35,234	$30,130
Hourly rate	$16.94	$14.49
Growth rate	-3%	-8%
Number of jobs	13,996	32,059
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 34%
Average age	50	50
Years of experience	12	12

Contract processor vs word processor operator salary

Contract processors and word processor operators have different pay scales, as shown below.

	Contract Processor	Word Processor Operator
Average salary	$35,234	$30,130
Salary range	Between $27,000 And $45,000	Between $20,000 And $45,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between contract processor and word processor operator education

There are a few differences between a contract processor and a word processor operator in terms of educational background:

	Contract Processor	Word Processor Operator
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 34%
Most common major	Business	Business
Most common college	-	-

Contract processor vs word processor operator demographics

Here are the differences between contract processors' and word processor operators' demographics:

	Contract Processor	Word Processor Operator
Average age	50	50
Gender ratio	Male, 28.2% Female, 71.8%	Male, 11.9% Female, 88.1%
Race ratio	Black or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%	Black or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%
LGBT Percentage	7%	7%

Differences between contract processor and word processor operator duties and responsibilities

Contract processor example responsibilities.

Coach fellow team members to help attain higher QA and assist with CANDE questions to ensure efficiency.
Process FHA, VA and CONV.
Process and pre-underwrite FHA and conventional loans.
Schedule closings and review final HUD report and any adverse compliance action.
Recognize for being proficient in thinking outside the box for satisfactory documentation to clear underwriting conditions and RESPA regulations.
Respond to mortgage lenders and taxing agency jurisdictions by utilizing effective verbal and written communication in a prompt and accurate manner.

Word processor operator example responsibilities.

Manage and maintain patients' medical records by utilizing computer applications management database processing system to ensure county compliance.
Network supervisor (Novell Netware).
Import and export elements within PDF documents.
Transfer documents from IBM to Macintosh environment.
Prepare testing reports for clients, Dictaphone, typing.
Used Wang word processor for all work in this division.

Contract processor vs word processor operator skills

Common contract processor skills

Data Entry, 24%
Computer System, 14%
Contract Data, 9%
Process Contracts, 9%
Customer Issues, 7%
Financial Transactions, 6%

Common word processor operator skills

Data Entry, 16%
PowerPoint, 15%
Transcription, 11%
Dictation, 10%
Proofreading, 7%
Office Correspondence, 5%

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Contract Processor
Contract Processor vs Word Processor Operator

Updated January 8, 2025

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