Statement processor vs adding machine operator

The differences between statement processors and adding machine 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 statement processor and an adding machine operator. Additionally, a statement processor has an average salary of $63,304, which is higher than the $39,710 average annual salary of an adding machine operator.

Statement processor vs adding machine operator overview

	Statement Processor	Adding Machine Operator
Yearly salary	$63,304	$39,710
Hourly rate	$30.43	$19.09
Growth rate	-3%	-3%
Number of jobs	6,101	53,605
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 31%	Bachelor's Degree, 58%
Average age	46	46
Years of experience	12	12

Statement processor vs adding machine operator salary

Statement processors and adding machine operators have different pay scales, as shown below.

	Statement Processor	Adding Machine Operator
Average salary	$63,304	$39,710
Salary range	Between $39,000 And $102,000	Between $23,000 And $67,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between statement processor and adding machine operator education

There are a few differences between a statement processor and an adding machine operator in terms of educational background:

	Statement Processor	Adding Machine Operator
Most common degree	Bachelor's Degree, 31%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Statement processor vs adding machine operator demographics

Here are the differences between statement processors' and adding machine operators' demographics:

	Statement Processor	Adding Machine Operator
Average age	46	46
Gender ratio	Male, 40.6% Female, 59.4%	Male, 63.0% Female, 37.0%
Race ratio	Black or African American, 10.0% Unknown, 4.5% Hispanic or Latino, 18.9% Asian, 7.4% White, 58.2% American Indian and Alaska Native, 1.0%	Black or African American, 8.1% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 6.0% White, 66.2% American Indian and Alaska Native, 0.8%
LGBT Percentage	7%	7%

Differences between statement processor and adding machine operator duties and responsibilities

Statement processor example responsibilities.

Manage the ordering of homeowner's association estoppel letters for payoffs; as well as surveys and clear lien searches.
Sort incoming USPS and interoffice mail.
Respond to mortgage lenders and taxing agency jurisdictions by utilizing effective verbal and written communication in a prompt and accurate manner.
Verify the accuracy of the loan documents to the prepared HUD.
Recognize for being proficient in thinking outside the box for satisfactory documentation to clear underwriting conditions and RESPA regulations.

Adding machine operator example responsibilities.

Implement and manage SHOP.COM brand CPM advertising within AdSense.
Perform daily and periodic timekeeping procedures, which include bi-weekly payroll.
Implement and manage SHOP.COM brand CPM advertising within AdSense.

Statement processor vs adding machine operator skills

Common statement processor skills

Bank Statements, 34%
Financial Statements, 29%
Computer System, 25%
Account Numbers, 12%

Common adding machine operator skills

Statement Processor vs. similar jobs

Statement Processor related careers

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Office and Administrative Industry
Statement Processor
Statement Processor vs Adding Machine Operator

Updated January 8, 2025

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