Payroll & Benefits Manager Salary

Payroll & Benefits Managers in the United States tend to be well-versed in their field, and just below two-thirds have more than 10 years of experience. Average salary is expected to be around $58K annually, but may range from $39K to $84K per year. Final cash compensation to Payroll & Benefits Managers varies from around $39K to approximately $84K; choice pay grades include potential for bonuses and profit sharing as high as $8K and $5K, respectively. Geography is the biggest factor affecting pay for this group, followed by tenure. Most report receiving medical coverage from their employers and a majority collect dental insurance. Job satisfaction is high and work is enjoyable for most Payroll & Benefits Managers. This overview is based on answers to PayScale's salary questionnaire.

$41,138 - $81,836
(Median)
$41K
$58K
$82K
MEDIAN: $58,117
10%
50%
90%

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$13.45 - $30.04
(Median)
$13
$20
$30
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Salary
$41,138 - $81,836  
   
Bonus
$0.00 - $7,916  
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).
)
$38,687 - $83,986  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 410
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$13.45 - $30.04  
   
Overtime
$14.68 - $38.93  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $7,916  
   
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).
)
$38,687 - $83,986  
Country: United States | Currency: USD | Updated: 2 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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Though some Payroll & Benefits Managers move into positions like Human Resources Director (where the average salary is $78K), this progression is not the norm. The most common career progression for Payroll & Benefits Managers leads to becoming a Human Resources Manager, where average pay is $58K annually. However, many Payroll & Benefits Managers also opt to become Payroll & Benefits Administration Managers. Typically, a Payroll & Benefits Administration Manager brings home $50K.

Payroll & Benefits Manager Job Listings

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Popular Skills for Payroll & Benefits Manager


Payroll & Benefits Managers report using a wide range of professional skills. 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 6 percent and 20 percent. At the other end of the pay range are skills like Human Resources, Microsoft Office, and Microsoft Excel. For most people, competency in Benefits Administration indicates knowledge of ADP Payroll System.

Pay by Experience Level for Payroll & Benefits Manager

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


More years of relevant experience do not necessarily translate to higher paychecks. Those in the early stages of their career can expect to make around $49K; however, individuals with five to 10 years of experience bring in $55K on average — a distinctly larger sum. Payroll & Benefits Managers who work for 10 to 20 years in their occupation tend to earn about $60K. Payroll & Benefits Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $62K on average.

Related Job Salaries

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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 20%



Accounting
up arrow 4%

ADP Payroll System
up arrow 3%

Payroll Administration
up arrow 1%

Benefits Administration
0%

National Average
$56,000

Microsoft Excel
up arrow 3%


Human Resources
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 100 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: 80% dental benefits Dental: 70%
vision benefits Vision: 53% employee benefits None: 17%
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