Payroll Coordinator Salary
|Salary||$35,034 - $59,541|
|Bonus||$386.90 - $4,943|
|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).)
|$31,615 - $56,654|
|Hourly Rate||$14.43 - $24.61|
|Overtime||$21.63 - $37.67|
|Bonus||$386.90 - $4,943|
|Total Pay (||$31,615 - $56,654|
Job Description for Payroll Coordinator
A payroll coordinator is responsible for managing the payroll accounts of a company or business. Payroll coordinators supervise employee’s wages, salaries, bonuses, deductions, and taxes. They ensure that paycheck amounts are distributed in accordance with federal regulations and may also be responsible for reporting tax deductions; the payroll coordinator also works closely with the business accountant regarding tax matters. Payroll coordinators are also responsible for enforcing any government garnishments of wages for child support, loan defaults, or bankruptcy. They also keep track of vacation time, sick time, and company benefits. In addition to these roles, they may also handle other financial duties, including reimbursements for expenses, petty cash, and financial reports.Read More...
Payroll coordinators typically work during regular business hours and are rarely expected to travel. Some overtime hours may be expected several times a year, such as during tax season, but on the whole, they maintain the same hours.
Payroll coordinators should posses at least an associate’s degree in accounting or business, although a bachelor's or master’s degree may be preferred. Different companies use different payroll computer software, and some may require knowledge of more popular programs, such as Kronos, PeopleSoft, or ADP. Experience in payroll or accounting is helpful. Payroll coordinators should also have good interpersonal skills, as they will need to communicate with office staff effectively. They typically work in conjunction with the human resources department and can expect to provide reports to that department as needed. (Copyright 2017 PayScale.com)
Payroll Coordinator Tasks
- Calculate, key, total, and balance substitute payrolls.
- Create reports for information pertaining to payroll.
- Handle voluntary and involuntary deductions.
- Enter changes to employee payroll records.
- Communicate with employees regarding changes in salary, benefits, etc.
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Pay by Experience Level for Payroll Coordinator
Pay by Experience for a Payroll Coordinator has a positive trend. An entry-level Payroll Coordinator with less than 5 years of experience can expect to earn an average total compensation of $39,000 based on 626 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Payroll Coordinator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $43,000 based on 390 salaries. An experienced Payroll Coordinator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $45,000 based on 483 salaries. A Payroll Coordinator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $47,000 based on 212 salaries.
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