Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between credit administrators and administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a credit administrator and an administrator. Additionally, an administrator has an average salary of $72,882, which is higher than the $59,271 average annual salary of a credit administrator.
The top three skills for a credit administrator include financial statements, credit card payments and real estate. The most important skills for an administrator are customer service, data entry, and troubleshoot.
| Credit Administrator | Administrator | |
| Yearly salary | $59,271 | $72,882 |
| Hourly rate | $28.50 | $35.04 |
| Growth rate | -8% | 5% |
| Number of jobs | 55,726 | 67,553 |
| Job satisfaction | 2 | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 56% |
| Average age | 39 | 43 |
| Years of experience | 2 | 2 |
A credit administrator oversees the credit operations in a company, ensuring efficiency and client satisfaction. They typically conduct research and analysis, handle credit portfolios, perform credit risk assessments, monitor credit accounts, validate requirements, evaluate applications, and develop strategies to optimize operations. A credit administrator may also perform a variety of clerical tasks such as preparing and processing documents, answering calls and correspondence, organizing information, and maintaining records. Moreover, they must lead and encourage staff to reach goals, all while enforcing and promoting the company's policies and regulations.
Administrators are administrative professionals who oversee the whole office or department. They manage office activities and supervise administrative functions in the office. They work the office calendar and oversee the appointment-setting process. They coordinate office events and ensure that all preparations are made and that there are no conflicting schedules. They also maintain a database of external providers of various office needs. Administrators also oversee office supplies and prepare purchase requisitions. They also manage janitorial services and other functions that are related to the maintenance of the physical office space. Administrators ensure that all fixtures and equipment in the office are functioning well and have no problems.
Credit administrators and administrators have different pay scales, as shown below.
| Credit Administrator | Administrator | |
| Average salary | $59,271 | $72,882 |
| Salary range | Between $33,000 And $106,000 | Between $46,000 And $113,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | BNY Mellon | Apple |
| Best paying industry | - | Manufacturing |
There are a few differences between a credit administrator and an administrator in terms of educational background:
| Credit Administrator | Administrator | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between credit administrators' and administrators' demographics:
| Credit Administrator | Administrator | |
| Average age | 39 | 43 |
| Gender ratio | Male, 28.4% Female, 71.6% | Male, 36.0% Female, 64.0% |
| Race ratio | Black or African American, 8.1% Unknown, 2.7% Hispanic or Latino, 10.0% Asian, 9.4% White, 69.5% American Indian and Alaska Native, 0.3% | Black or African American, 8.9% Unknown, 5.1% Hispanic or Latino, 12.6% Asian, 8.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 9% |