Commissions Processor Average Salary in Kentucky 2024
How much money does a person working as Commissions Processor make in Kentucky?
LOW
29,400
USD AVERAGE
63,900
USD HIGH
102,000
USD
A person working as Commissions Processor in Kentucky typically earns around 63,900 USD. Salaries range from 29,400 USD (lowest) to 102,000 USD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Commissions Processor salaries in Kentucky vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Commissions Processor Pay Scale and Salaries in Kentucky
Salary Structure and Pay Scale Comparison
60,600 USD or more
53,100 to 60,600 USD
36,600 USD or less
36,600 to 53,100 USD
 29,400 USD |
61,100 USD |
102,000 USD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Commissions Processor in Kentucky range from 29,400 USD (starting salary) to 102,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 61,100 USD, half of the professionals who work as Commissions Processor in Kentucky earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Commissions Processor in Kentucky earn less than 49,200 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 70,400 USD while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Commissions Processor in Kentucky compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 36,600 USD to 53,100 USD. About 20% of salaries are below the 36,600 USD mark, while 10% fall within the range of 53,100 USD to 60,600 USD. Only 5% of individuals have salaries exceeding 60,600 USD.
Salary Comparison by Years of Experience / Commissions Processor / Kentucky
How do experience and age affect pay?
| 0 - 2 Years | 33,400 USD | |
| 2 - 5 Years | +34% | 44,600 USD |
| 5 - 10 Years | +48% | 65,900 USD |
| 10 - 15 Years | +22% | 80,300 USD |
| 15 - 20 Years | +9% | 87,500 USD |
| 20+ Years | +8% | 94,800 USD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Commissions Processor and this is what we found.
Employees with less than two years of experience earn approximately 33,400 USD.
While someone with an experience level between two and five years is expected to earn 44,600 USD, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 65,900 USD, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 80,300 USD, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 87,500 USD, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 94,800 USD, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Commissions Processor / Kentucky
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Commissions Processor.
| High School | 38,100 USD | |
| Certificate or Diploma | +57% | 59,700 USD |
| Bachelor's Degree | +68% | 100,000 USD |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Commissions Processor in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 38,100 USD.
Level 2: Certificate or Diploma
At this level, the average salary becomes 59,700 USD, 57% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 100,000 USD, 68% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Commissions Processor / Kentucky
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Commissions Processor in United States, the average difference between the salary of male and female employees is 5%.
| Male | 61,500 USD | |
| Female | -5% | 58,500 USD |
Salary Comparison By Gender in United States for all Careers
Average Annual Salary Increment Percentage / Commissions Processor / Kentucky
How much are annual salary increments in Kentucky for individuals working as Commissions Processor? How often do employees get salary raises?
Individuals working as Commissions Processor in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
United States / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Commissions Processor / United States
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/united-states/administration-reception-secretarial/commissions-processor/annual-salary-bonus-rate-united-states-commissions-processor.jpg
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Commissions Processor / Kentucky
31 USD per hourThe average hourly wage (pay per hour) for individuals working as Commissions Processor in Kentucky is 31 USD.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Commissions Processor in Kentucky is 14 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Administration / Reception / Secretarial |  -100% | |
| Accreditation Specialist | 113,000 USD |  +77% |
| Admin Clerk | 35,000 USD | -45% |
| Admin Executive | 56,200 USD | -12% |
| Administrative Aide | 39,000 USD | -39% |
| Administrative Analyst | 72,000 USD | +13% |
| Administrative Assistant | 53,000 USD | -17% |
| Administrative Associate | 48,400 USD | -24% |
| Administrative Coordinator | 47,400 USD | -26% |
| Administrative Manager | 79,100 USD | +24% |
| Administrative Officer | 51,400 USD | -20% |
| Administrative Receptionist | 44,800 USD | -30% |
| Administrative Secretary | 45,600 USD | -29% |
| Administrative Specialist | 48,400 USD | -24% |
| Administrative Support | 44,800 USD | -30% |
| Administrative Technician | 41,500 USD | -35% |
| Board Secretary | 47,900 USD | -25% |
| Branch Office Administrator | 79,800 USD | +25% |
| Business Administrator | 80,800 USD | +26% |
| Business Office Manager | 129,000 USD | +100% |
| Central Office Operator | 47,400 USD | -26% |
| Clerical Assistant | 30,500 USD | -52% |
| Clerk | 33,800 USD | -47% |
| Commercial Administrator | 70,200 USD | +10% |
| Commissions Processor | 63,900 USD | -0% |
| Conveyancing Secretary | 45,600 USD | -29% |
| Corporate Receptionist | 47,400 USD | -26% |
| Creditors Clerk | 47,700 USD | -25% |
| Data Entry Clerk | 34,500 USD | -46% |
| Data Entry Specialist | 49,200 USD | -23% |
| Document Controller | 42,900 USD | -33% |
| Document Management Specialist | 61,700 USD | -3% |
| Executive Administrative Assistant | 54,300 USD | -15% |
| Executive Assistant | 56,900 USD | -11% |
| Executive Officer | 60,100 USD | -6% |
| Executive Personal Assistant | 63,400 USD | -1% |
| Executive Secretary | 53,500 USD | -16% |
| File Clerk | 33,300 USD | -48% |
| Front Desk Attendant | 49,400 USD | -23% |
| Front Desk Coordinator | 60,900 USD | -5% |
| Front Desk Manager | 79,600 USD | +25% |
| Front Desk Receptionist | 47,200 USD | -26% |
| Front Desk Shift Leader | 59,700 USD | -7% |
| Front Office Assistant | 42,900 USD | -33% |
| Front Office Executive | 59,000 USD | -8% |
| Group Services Manager | 132,000 USD | +110% |
| Head Receptionist | 55,200 USD | -14% |
| Inquiry and Admissions Clerk | 32,000 USD | -50% |
| Key Account Assistant | 58,400 USD | -9% |
| Keyboard and Data Entry Operator | 32,400 USD | -49% |
| Leasing Administrator | 60,700 USD | -5% |
| Legal Secretary | 51,200 USD | -20% |
| Librarian | 61,500 USD | -4% |
| Mail Processing Clerk | 27,600 USD | -57% |
| Mail Sorting Clerk | 28,000 USD | -56% |
| Mailroom Clerk | 30,100 USD | -53% |
| Mailroom Manager | 54,400 USD | -15% |
| Management Support Secretary | 49,000 USD | -23% |
| Master Programme Coordinator | 96,600 USD | +51% |
| Medical Receptionist | 54,800 USD | -14% |
| Meeting and Event Assistant | 54,300 USD | -15% |
| Meeting and Event Manager | 117,000 USD | +83% |
| Night Manager | 75,800 USD | +19% |
| Office Administrator | 78,600 USD | +23% |
| Office Assistant | 33,900 USD | -47% |
| Office Automation Clerk | 59,500 USD | -7% |
| Office Clerk | 38,700 USD | -39% |
| Office Coordinator | 46,100 USD | -28% |
| Office Manager | 87,200 USD | +36% |
| Office Services Coordinator | 63,200 USD | -1% |
| Office Supervisor | 59,400 USD | -7% |
| Operations Analyst | 99,200 USD | +55% |
| Operations Clerk | 56,800 USD | -11% |
| Operations Manager | 123,000 USD | +92% |
| Personal Assistant | 50,300 USD | -21% |
| Planning Assistant | 58,300 USD | -9% |
| Process Expert | 74,100 USD | +16% |
| Program Coordinator | 70,900 USD | +11% |
| Programme Assistant | 62,900 USD | -2% |
| Project Administrator | 83,900 USD | +31% |
| Project Coordinator | 108,000 USD | +69% |
| Query Administrator | 57,800 USD | -10% |
| Reception Team Lead | 59,700 USD | -7% |
| Receptionist | 45,900 USD | -28% |
| Records Officer | 41,900 USD | -34% |
| Registry Administrator | 50,600 USD | -21% |
| Registry and Filing Clerk | 35,000 USD | -45% |
| Rental Clerk | 35,300 USD | -45% |
| Schedule Officer | 34,500 USD | -46% |
| Scheduler | 36,300 USD | -43% |
| School Secretary | 45,000 USD | -30% |
| Secretary | 42,300 USD | -34% |
| Service Reception Head | 59,300 USD | -7% |
| Switchboard Operator | 39,700 USD | -38% |
| Technical Program Manager | 117,000 USD | +83% |
| Technical Project Manager | 119,000 USD | +86% |
| Typist | 37,200 USD | -42% |
| Unit Secretary | 45,300 USD | -29% |
| Wayleave Officer | 33,700 USD | -47% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.
| Private Sector | 92,800 USD | |
| Public Sector | +5% | 97,500 USD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Commissions Processor in Kentucky?
A good and competitive compensation would range anywhere between 61,100 USD and 70,400 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Commissions Processor in Kentucky ranges from 29,400 USD to 49,200 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
