Payroll & Benefits Manager Salary

The majority of Payroll & Benefits Managers in the United States — just below two-thirds — boast more than 10 years of experience in their profession. Salaries stretch from $39K to $84K per year, and the median is $58K annually. Total cash compensation for Payroll & Benefits Managers runs from $39K to $84K depending on bonuses that can occasionally exceed $8K and profit sharing that can reach almost $5K. Location is the biggest factor affecting pay for this group, followed by years of experience. Medical benefits are awarded to most, and the greater part earn dental coverage. Most Payroll & Benefits Managers report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$41,289 - $81,989

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$13.71 - $30.04

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$29K$58K$87K
Salary
$41,289 - $81,989  
   
Bonus
$0.00 - $7,908  
Profit Sharing
$0.00 - $4,913  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$38,860 - $84,152  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 413
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$13.71 - $30.04  
   
Overtime
$14.79 - $38.86  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$0.00 - $7,908  
   
Profit Sharing
$0.00 - $4,913  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$38,860 - $84,152  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 84
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Job Description for Payroll & Benefits Manager

Payroll and benefits managers are responsible for creating and distributing information about payroll, benefits, and other employee-related programs for their organization. They are in charge of facilitating benefits and compensation programs for employees. These managers produce program information, create materials to promote payroll incentives, and schedule and participate in training sessions for new payroll and benefits programs. Payroll and benefits managers attend company meetings to report their progress to executives and use a personal computer to track their progress, keep accurate records, and communicate with internal staff and external partners. They also process payroll and benefits requests after reviewing program requirements.

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Payroll & Benefits Manager Tasks

  • Maintain and update payroll database system.
  • Input new employees into payroll database and keep employee information up to date.
  • Conduct audits of tax forms, payroll balance sheets, and benefits.
  • Supervise processing of employee payroll and distribution of paychecks.
  • Oversee employee education about company benefits and enrollment in programs.

Common Career Paths for Payroll & Benefits Manager


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Payroll & Benefits Managers do not often transition into Human Resources Director roles. The role averages $78K per year. As Payroll & Benefits Managers progress in their field, many go on to become Human Resources Managers. In fact, this transition is more common than anything else, and pay for the position is usually $58K per year. Another common career choice for Payroll & Benefits Managers is to move into a Payroll & Benefits Administration Manager role. Typically, Payroll & Benefits Administration Managers get paid $51K.

Payroll & Benefits Manager Job Listings

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Popular Skills for Payroll & Benefits Manager


Payroll & Benefits Managers report using a pretty varied skill set on the job. Most notably, skills in Human Resources Information System, Payroll Tax Compliance, Benefits & Compensation, and Accounting are correlated to pay that is above average, with boosts between 5 percent and 19 percent. At the other end of the pay range are skills like Human Resources and Microsoft Office. Most people familiar with Benefits Administration also know ADP Payroll System.

Pay by Experience Level for Payroll & Benefits Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Payroll & Benefits Managers with a lot of experience do not necessarily enjoy more money. Respondents with less than five years' experience take home $49K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $56K. Payroll & Benefits Managers with one to two decades of relevant experience report an average salary of approximately $60K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $62K.

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Experience Affects Payroll & Benefits Manager Salaries



National Average
$56,000



Skills That Affect Payroll & Benefits Manager Salaries

Human Resources Information System (HRIS)
up arrow 19%



Accounting
up arrow 3%

ADP Payroll System
up arrow 2%

Payroll Administration
0%

National Average
$56,000

Benefits Administration
up arrow 1%

Microsoft Excel
up arrow 3%


Human Resources
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 99 votes.

Gender

Female
95 %
Male
5 %

Years of Experience

Less than 1 year
2%
1-4 years
14%
5-9 years
21%
10-19 years
39%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 70%
vision benefits Vision: 53% employee benefits None: 17%
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