Payroll Accountant Salary

Payroll Accountants in the United States are often veterans in their line of work, with around half bringing more than 10 years of experience to the table. Salaries slide in at $51K per year on average but can range from $34K to $67K per year. Including potential bonuses and profit sharing proceeds (more than $5K for each in exceptional cases) overall income bottoms out near $34K and hits $67K on the high end. Geography and career length each impact pay for this group, with the former having the largest influence. A fair number enjoy medical while the greater part get dental coverage. Vision coverage is also available to more than half. Job satisfaction is reported as high by the vast majority of workers. The vast majority of Payroll Accountants (88 percent) who responded to the survey are women. The data in this summary comes from the PayScale salary survey.
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$38,480 - $69,300
$38K
$51K
$69K
MEDIAN: $51,489
10%
50%
90%

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$14.39 - $27.00
$14
$20
$27
MEDIAN: $20.12
10%
50%
90%

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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$24K$48K$72K
Salary
$38,480 - $69,300  
   
Bonus
$100.33 - $5,171  
Profit Sharing
$0.00 - $5,372  
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).
)
$34,367 - $66,942  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 334
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
$14.39 - $27.00  
   
Hourly Tips
$0.56  
Overtime
$22.63 - $43.89  
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
$100.33 - $5,171  
   
Profit Sharing
$0.00 - $5,372  
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).
)
$34,367 - $66,942  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 178

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United States (change)

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Job Description for Payroll Accountant

Payroll accountants generate, maintain, and interpret various reports and financial statements for the company. Most of their work is performed internally, and adherence to various government standards and company policies is critical. Depending on the size of the company, this work may be performed with a team of other accountants or independently; however, payroll accountants should be flexible enough to work both independently and in a team setting. All work is performed in an indoor office environment during regular business hours, although some overtime may be required due to upcoming deadlines or other business needs.

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Payroll Accountant Tasks

  • Analyze financial data in order to prepare financial reports.
  • Utilize accounting principles to report employee earnings; such as salaries, wages, bonuses, and overtime and payroll taxes as well as employer paid benefits; such as vacation and holidays, various insurance and retirement plans.
  • Generate and interpret financial records and statements for management.
  • Maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.

Common Career Paths for Payroll Accountant


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Moving into a Payroll Manager position seems to be a popular career progression. Median pay for this job is $56K annually.

Payroll Accountant Job Listings

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Popular Skills for Payroll Accountant


Survey results suggest that Payroll Accountants put a wide range of professional skills to use. Most notably, skills in Accounting, General Ledger Accounting, Payroll Tax Compliance, and ADP Payroll System are correlated to pay that is above average, with boosts between 6 percent and 11 percent. Skills that seem to negatively impact pay include Microsoft Excel and Accounts Receivable. Most people skilled in Payroll Administration are similarly competent in ADP Payroll System and Accounts Payable.

Pay by Experience Level for Payroll Accountant

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


Salaries for the relatively untried average out to around $43K, but survey participants with five to 10 years of experience earn a significantly higher median of $52K. After working for 10 to 20 years, Payroll Accountants make a median salary of $52K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $51K.

Pay Difference by Location

National Average: $49,186

Larger city markers indicate a job is popular in that location.

With a pay rate for Payroll Accountants that is 40 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Payroll Accountants will also find cushy salaries in Chicago (+38 percent), Washington (+22 percent), Los Angeles (+22 percent), and San Jose (+14 percent). Colorado Springs is home to the smallest salaries in the field, lagging the national average by 18 percent. Employers pay around 17 percent less in Portland and 7 percent less in The Woodlands, below-median salaries for those in this field.

Related Job Salaries

Key Stats for Payroll Accountant

Gender

Female
88 %
Male
12 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 66 votes.
Less than 1 year
2%
1-4 years
30%
5-9 years
17%
10-19 years
29%
20 years or more
22%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Payroll Accountant Salaries

▲6%

▲5%

▲4%

National Average
$49,000

▼12%

Skills That Affect Payroll Accountant Salaries

Accounting
▲11%





National Average
$49,000



Microsoft Excel
▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 66 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
17%
10-19 years
29%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 67%
vision benefits
Vision: 58%
dental benefits
None: 17%
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