Average Creditors Clerk Salary in Malaysia for 2024

In this article, we will look at the average Creditors Clerk salary for 2024 in Malaysia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Malaysian ringgit. To keep things simple, we are using the MYR currency code instead of the currency symbol RM.

How Much Does a Creditors Clerk Make in Malaysia?

A Creditors Clerk working in Malaysia will typically earn around 39,800 MYR per year, and this can range from the lowest average salary of about 20,120 MYR to the highest average salary of 62,100 MYR.

Average Annual Salary
39,800 MYR
Average Monthly Salary
3,316 MYR

Lowest Annual Salary
20,120 MYR
Lowest Monthly Salary
1,676 MYR

Highest Annual Salary
62,100 MYR
Highest Monthly Salary
5,175 MYR

These are average salaries for a Creditors Clerk in Malaysia and include benefits such as housing and transport. It's also possible for a Creditors Clerk to earn more or less than the average salaries shown above.

Creditors Clerk salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Creditors Clerk Salaries in Malaysia

So we've looked at the average salaries a Creditors Clerk will earn in Malaysia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Creditors Clerk can earn between 20,120 MYR and 62,100 MYR on average in Malaysia. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Creditors Clerk in Malaysia is 41,660 MYR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 41,660 MYR, and 50% of the population earn more than 41,660 MYR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Creditors Clerk salary in Malaysia, 25% of the population are earning less than 25,440 MYR while 75% of the population earn more than 25,440 MYR.

75% of the population earn less than 51,120 MYR, and 25% of the population earn more than 51,120 MYR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Creditors Clerk Salary by Experience Level in Malaysia

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average creditors clerk salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Creditors Clerk in Malaysia that has less than two years of experience can expect to earn somewhere in the region of 20,460 MYR.
  • 2 - 5 Years Experience. With two to five years of experience the average Creditors Clerk salary would increase to 31,380 MYR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Creditors Clerk, the average salary would be 41,900 MYR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 49,560 MYR.
  • 15 - 20 Years Experience. A Creditors Clerk with 15 to 20 years of experience can earn an average of 51,900 MYR.
  • 20+ Years Experience. For a Creditors Clerk with more than 20 years, the expected average salary increases to 58,240 MYR.

Average Salary by Experience Chart

0-2 Years
20,460 MYR
2-5 Years +42%
31,380 MYR
5-10 Years +32%
41,900 MYR
10-15 Years +23%
49,560 MYR
15-20 Years +6%
51,900 MYR
20+ Years +10%
58,240 MYR

Creditors Clerk Salary by Education Level in Malaysia

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Creditors Clerk in Malaysia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Creditors Clerk in Malaysia with a high school education can earn an average salary of 29,040 MYR.

  • Certificate or Diploma. A Creditors Clerk in Malaysia with a certificate or diploma education can earn an average salary of 39,560 MYR.

  • Bachelor's Degree. A Creditors Clerk in Malaysia with a bachelor's degree education can earn an average salary of 54,140 MYR.

Average Salary by Education Chart

High School
29,040 MYR
Certificate or Diploma +47%
39,560 MYR
Bachelor's Degree +34%
54,140 MYR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Malaysia is around 32,900 to 98,800 MYR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Creditors Clerk Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Malaysia, a male creditors clerk will earn an average of 38,780 MYR, while a female creditors clerk will earn around 39,640 MYR.

This means that a male creditors clerk earns approximately 2% less than a female creditors clerk for performing the same job.

Average Salary by Gender Chart in Malaysia

Male
38,780 MYR
Female +2%
39,640 MYR

Creditors Clerk Average Pay Raise in Malaysia

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Creditors Clerk in Malaysia is around 9% every 19 months.

The national average pay raise across all professions and industries in Malaysia is around 9% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 19 ) × 12  = 6%

What this means is that a Creditors Clerk in Malaysia can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Malaysia for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Malaysia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Creditors Clerk Bonus and Incentive Rates in Malaysia

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Creditors Clerk is a low bonus based job, with 30% of employees reporting at least one bonus in the last 12 months.

70% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Received Bonus
30%
No Bonus
70%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Malaysia earn approximately 11% more than private sector employees in the same role.

Public Sector
81,960 MYR
Private Sector -11%
73,820 MYR

Salaries for Jobs Similar to a Creditors Clerk

In the table below, we have salary information for jobs that are similar to a Creditors Clerk in Malaysia.

Job Title Category Salary
Accreditation Specialist Administration / Reception / Secretarial 90,540 MYR
Admin Clerk Administration / Reception / Secretarial 26,400 MYR
Admin Executive Administration / Reception / Secretarial 43,220 MYR
Administrative Aide Administration / Reception / Secretarial 31,380 MYR
Administrative Analyst Administration / Reception / Secretarial 61,400 MYR
Administrative Assistant Administration / Reception / Secretarial 43,080 MYR
Administrative Associate Administration / Reception / Secretarial 42,040 MYR
Administrative Coordinator Administration / Reception / Secretarial 42,040 MYR
Administrative Manager Administration / Reception / Secretarial 63,380 MYR
Administrative Officer Administration / Reception / Secretarial 40,600 MYR
Administrative Receptionist Administration / Reception / Secretarial 39,560 MYR
Administrative Secretary Administration / Reception / Secretarial 35,520 MYR
Administrative Specialist Administration / Reception / Secretarial 37,800 MYR
Administrative Support Administration / Reception / Secretarial 36,020 MYR
Administrative Technician Administration / Reception / Secretarial 34,080 MYR
Board Secretary Administration / Reception / Secretarial 36,720 MYR
Branch Office Administrator Administration / Reception / Secretarial 61,760 MYR
Business Administrator Administration / Reception / Secretarial 63,500 MYR
Business Office Manager Administration / Reception / Secretarial 103,820 MYR
Central Office Operator Administration / Reception / Secretarial 37,800 MYR
Clerical Assistant Administration / Reception / Secretarial 25,940 MYR
Clerk Administration / Reception / Secretarial 26,100 MYR
Commercial Administrator Administration / Reception / Secretarial 54,280 MYR
Commissions Processor Administration / Reception / Secretarial 50,240 MYR
Conveyancing Secretary Administration / Reception / Secretarial 35,520 MYR
Corporate Receptionist Administration / Reception / Secretarial 40,420 MYR
Data Entry Clerk Administration / Reception / Secretarial 26,100 MYR
Data Entry Specialist Administration / Reception / Secretarial 42,460 MYR
Document Controller Administration / Reception / Secretarial 34,360 MYR
Document Management Specialist Administration / Reception / Secretarial 48,560 MYR
Executive Administrative Assistant Administration / Reception / Secretarial 45,600 MYR
Executive Assistant Administration / Reception / Secretarial 41,820 MYR
Executive Officer Administration / Reception / Secretarial 52,820 MYR
Executive Personal Assistant Administration / Reception / Secretarial 53,660 MYR
Executive Secretary Administration / Reception / Secretarial 46,280 MYR
File Clerk Administration / Reception / Secretarial 29,840 MYR
Front Desk Attendant Administration / Reception / Secretarial 37,380 MYR
Front Desk Coordinator Administration / Reception / Secretarial 48,560 MYR
Front Desk Manager Administration / Reception / Secretarial 63,700 MYR
Front Desk Receptionist Administration / Reception / Secretarial 37,380 MYR
Front Desk Shift Leader Administration / Reception / Secretarial 48,560 MYR
Front Office Assistant Administration / Reception / Secretarial 37,740 MYR
Front Office Executive Administration / Reception / Secretarial 47,400 MYR
Group Services Manager Administration / Reception / Secretarial 105,940 MYR
Head Receptionist Administration / Reception / Secretarial 47,540 MYR
Inquiry and Admissions Clerk Administration / Reception / Secretarial 24,720 MYR
Key Account Assistant Administration / Reception / Secretarial 48,200 MYR
Keyboard and Data Entry Operator Administration / Reception / Secretarial 24,720 MYR
Leasing Administrator Administration / Reception / Secretarial 50,560 MYR
Legal Secretary Administration / Reception / Secretarial 41,900 MYR
Librarian Administration / Reception / Secretarial 48,560 MYR
Mail Processing Clerk Administration / Reception / Secretarial 22,400 MYR
Mail Sorting Clerk Administration / Reception / Secretarial 23,660 MYR
Mailroom Clerk Administration / Reception / Secretarial 26,020 MYR
Mailroom Manager Administration / Reception / Secretarial 44,780 MYR
Management Support Secretary Administration / Reception / Secretarial 41,900 MYR
Master Programme Coordinator Administration / Reception / Secretarial 83,020 MYR
Medical Receptionist Administration / Reception / Secretarial 43,480 MYR
Meeting and Event Assistant Administration / Reception / Secretarial 45,600 MYR
Meeting and Event Manager Administration / Reception / Secretarial 96,500 MYR
Night Manager Administration / Reception / Secretarial 58,000 MYR
Office Administrator Administration / Reception / Secretarial 63,500 MYR
Office Assistant Administration / Reception / Secretarial 29,840 MYR
Office Automation Clerk Administration / Reception / Secretarial 45,720 MYR
Office Clerk Administration / Reception / Secretarial 30,220 MYR
Office Coordinator Administration / Reception / Secretarial 39,560 MYR
Office Manager Administration / Reception / Secretarial 73,040 MYR
Office Services Coordinator Administration / Reception / Secretarial 56,880 MYR
Office Supervisor Administration / Reception / Secretarial 50,580 MYR
Operations Analyst Administration / Reception / Secretarial 82,920 MYR
Operations Clerk Administration / Reception / Secretarial 48,200 MYR
Operations Manager Administration / Reception / Secretarial 106,600 MYR
Personal Assistant Administration / Reception / Secretarial 40,420 MYR
Planning Assistant Administration / Reception / Secretarial 45,720 MYR
Process Expert Administration / Reception / Secretarial 58,720 MYR
Program Coordinator Administration / Reception / Secretarial 59,000 MYR
Programme Assistant Administration / Reception / Secretarial 49,200 MYR
Project Administrator Administration / Reception / Secretarial 66,840 MYR
Project Coordinator Administration / Reception / Secretarial 86,760 MYR
Query Administrator Administration / Reception / Secretarial 48,560 MYR
Reception Team Lead Administration / Reception / Secretarial 49,020 MYR
Receptionist Administration / Reception / Secretarial 40,420 MYR
Records Officer Administration / Reception / Secretarial 35,500 MYR
Registry Administrator Administration / Reception / Secretarial 42,460 MYR
Registry and Filing Clerk Administration / Reception / Secretarial 26,400 MYR
Rental Clerk Administration / Reception / Secretarial 26,100 MYR
Schedule Officer Administration / Reception / Secretarial 26,100 MYR
Scheduler Administration / Reception / Secretarial 28,900 MYR
School Secretary Administration / Reception / Secretarial 40,420 MYR
Secretary Administration / Reception / Secretarial 35,300 MYR
Service Reception Head Administration / Reception / Secretarial 48,160 MYR
Switchboard Operator Administration / Reception / Secretarial 34,960 MYR
Technical Program Manager Administration / Reception / Secretarial 88,020 MYR
Technical Project Manager Administration / Reception / Secretarial 96,980 MYR
Typist Administration / Reception / Secretarial 30,220 MYR
Unit Secretary Administration / Reception / Secretarial 35,260 MYR
Wayleave Officer Administration / Reception / Secretarial 28,900 MYR

Salary Comparison by City

If you want to compare salaries with different cities in Malaysia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Ampang 37,200 MYR
Ipoh 39,560 MYR
Johor Bahru 41,660 MYR
Klang 36,940 MYR
Kota Kinabalu 41,900 MYR
Kuala Lumpur 43,520 MYR
Kuching 39,960 MYR
Petaling Jaya 41,560 MYR
Shah Alam 38,620 MYR
Subang Jaya 36,580 MYR

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