What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »
Browse Categories

Payroll & Benefits Specialist Salary

Most Payroll & Benefits Specialists in the United States are women. The median pay for people in this role is approximately $46K annually. Overall cash earnings for Payroll & Benefits Specialists stretch from $31K on the lower end to $59K near the top, and the heftiest packages can encompass around $5K from bonuses and $9K from profit sharing. Career length is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and a strong majority earn dental coverage. For the most part, Payroll & Benefits Specialists enjoy their work and report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.
$34,185 - $60,698
(Median)
34K
39K
46K
55K
61K
MEDIAN: $46,357
10%
25%
50%
75%
90%

Add this chart to your site: 640px    300px

$13.57 - $24.04
(Median)
14
18
21
24
MEDIAN: $17.00
10%
50%
75%
90%

Add this chart to your site: 640px    300px

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$21K$42K$63K
Salary
$34,185 - $60,698  
   
Bonus
$0.00 - $5,067  
Profit Sharing
$-0.50 - $9,039  
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).
)
$30,942 - $58,985  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 230
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$13$26$39
Hourly Rate
$13.57 - $24.04  
   
Overtime
$18.97 - $37.37  
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$26K$52K$78K
Bonus
$0.00 - $5,067  
   
Profit Sharing
$-0.50 - $9,039  
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).
)
$30,942 - $58,985  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 159
United States (change)

Job Description for Payroll & Benefits Specialist

Payroll and benefits specialists handle accounting and finance tasks related to business operation and taxes, especially in regards to filing and distribution of audits, payroll, and W-2s. They maintain payroll data, prepare checks, obtain relevant data (such as salary adjustments), and help prepare W-2s. They may also disseminate information about payroll to staff and conduct trainings as necessary. Customer service skills are sometimes part of this role, as maintaining investment and retirement funds are occasionally required. Depending on the industry, payroll specialists may be employed in human resources, warehouse/shipping (due to experience with operation software, shipping systems, and related systems), or within their own department (payroll). This position is generally full time, although overtime may be required as deadlines approach.

Read More...

Payroll & Benefits Specialist Tasks

  • Prepare payroll related journal entries for period-end.
  • Audit employee timesheets for hours worked and accuracy.
  • Maintain, prepare and process payroll for organization personnel.
  • Compile and submit payroll deductions related check requests and payments.
  • Maintain current knowledge of IRS regulations.

Common Career Paths for Payroll & Benefits Specialist


Add this chart to your site:   640px 640px    300px 300px


Payroll & Benefits Specialists who transition into an upper level Human Resources Generalist position will not necessarily make much more than they do in their current role. The average Human Resources Generalist makes $46K a year.

Payroll & Benefits Specialist Job Listings

Search for more jobs:

Popular Skills for Payroll & Benefits Specialist


Payroll & Benefits Specialists report using a diverse set of skills on the job. Most notably, skills in ADP Payroll System, Benefits Administration, Payroll Administration, and Microsoft Excel are correlated to pay that is above average, with boosts between 4 percent and 13 percent. Skills that pay less than market rate include Microsoft Office. Most people familiar with Benefits Administration also know Microsoft Excel and ADP Payroll System.

Pay by Experience Level for Payroll & Benefits Specialist

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


For Payroll & Benefits Specialists, experience does not seem to be a major factor in determining pay. During the first five years of their careers, Payroll & Benefits Specialists see a median income of $40K. Survey respondents with five to 10 years of experience report an only modestly higher median of $43K. Payroll & Benefits Specialists claiming one to two decades of experience make an estimated median of $48K. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Payroll & Benefits Specialist with more than 20 years of experience can earn $52K on average.

Related Job Salaries

Experience Affects Payroll & Benefits Specialist Salaries



National Average
$43,000



Skills That Affect Payroll & Benefits Specialist Salaries



Payroll Administration
up arrow 4%

Microsoft Excel
up arrow 2%

National Average
$43,000

Benefits & Compensation
up arrow 1%

Microsoft Office
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 80 votes.

Gender

Female
96 %
Male
4 %

Years of Experience

Less than 1 year
1%
1-4 years
24%
5-9 years
31%
10-19 years
26%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 74%
vision benefits Vision: 58% employee benefits None: 15%