Payroll Specialist Salary

Most Payroll Specialists in the United States are women. The median pay for people in this role is approximately $18.00 per hour. Total cash compensation for Payroll Specialists runs from $30K to $56K depending on bonuses that can occasionally exceed $3K and profit sharing that can reach almost $7K. Compensation for this group is mainly affected by the particular firm, but geography and tenure are influential factors as well. Medical benefits are awarded to a strong majority, and a fair number earn dental coverage. The majority of workers are highly satisfied with their job. The data for this synopsis comes from respondents who took the PayScale salary survey.

$32,896 - $58,141
(Median)
$33K
$44K
$58K
MEDIAN: $43,994
10%
50%
90%

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$13.89 - $23.88
(Median)
$14
$18
$24
MEDIAN: $17.00
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$20K$40K$60K
Salary
$32,896 - $58,141  
   
Bonus
$0.00 - $3,064  
Profit Sharing
$398.66 - $6,727  
Commission
$509 - $5,803  
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).
)
$30,482 - $55,616  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,595
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
$13.89 - $23.88  
   
Hourly Tips
$0.00 - $0.36  
Overtime
$20.00 - $36.69  
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 - $3,064  
   
Commission
$509 - $5,803  
Profit Sharing
$398.66 - $6,727  
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).
)
$30,482 - $55,616  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 2,075
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Job Description for Payroll Specialist

Payroll specialists can be found in many industries from small businesses to large organizations. Job responsibilities often include payroll processing, maintaining personnel databases, and managing budgetary expenditures. Knowledge and experience with tax laws, union contracts, wage and hour laws, and common fiscal procedures are important. Most payroll specialists are expected to have a good understanding of budgetary operations. Payroll specialists report to a supervisor who oversees the department. Flexible hours, including evenings and weekends, may be required.

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Payroll Specialist Tasks

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

Common Career Paths for Payroll Specialist


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Though it's uncommon, some Payroll Specialists move into roles as Human Resources Managers, where pay is an average $58K per year. More commonly, Payroll Specialists become Payroll Managers or Payroll Administrators.

Payroll Specialist Job Listings

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Popular Employer Salaries for Payroll Specialist


Payroll Specialists seeking a sizable paycheck can earn the most at Francis E. Parker Memorial Home, where the average salary comes to $52K.

Paychex, Inc. doles out the lowest salaries in town — median pay is $38K — not to mention workers can only make as much as $46K and scope of pay is rather limited.

Popular Skills for Payroll Specialist


Survey results imply that Payroll Specialists deploy a deep pool of skills on the job. Most notably, skills in ADP Time and Attendance System, ADP, ADP Payroll System, and Benefits & Compensation are correlated to pay that is above average, with boosts between 8 percent and 11 percent. Those educated in Microsoft Excel tend to be well versed in Data Entry.

Pay by Experience Level for Payroll Specialist

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


Experience and pay tend to be weakly linked for Payroll Specialists — those with more experience do not necessarily bring in higher earnings. Those in the early stages of their career can expect to make around $37K; however, individuals with five to 10 years of experience bring in $42K on average — a distinctly larger sum. The average pay reported by folks with 10 to 20 years of experience is around $44K. Payroll Specialists who surpass 20 years on the job report pay that isn't higher than those with 10 to 20 years.

Pay Difference by Location


New York is home to an above-average pay rate for Payroll Specialists, 21 percent higher than the national average. Payroll Specialists can also look forward to large paychecks in cities like Houston (+17 percent), Seattle (+16 percent), Chicago (+12 percent), and Minneapolis (+9 percent). In Tampa, salaries are 13 percent below the national average and represent the lowest-paying market. Workers in St. Louis and Cincinnati earn salaries that trail the national average for those in this profession (6 percent less and 3 percent less, respectively).

Payroll Specialist Reviews

What is it like working as a Payroll Specialist?

Payroll Specialist in Austin:
"For Love or Money?"
Pros: I enjoy successfully processing an accurate pay period because I care about every one of our employees and want them to not worry about compensation for their hard work.
Cons: Offering 100% of myself on a daily basis, and feeling like I am compensated for 75%. I least like that I cannot participate in PFP or some type of Bonus structure.

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Experience Affects Payroll Specialist Salaries




National Average
$41,000


Skills That Affect Payroll Specialist Salaries



ADP
up arrow 8%


Payroll Administration
up arrow 3%

Payroll Tax Compliance
up arrow 3%

Microsoft Excel
up arrow 2%

Accounting
up arrow 2%

Microsoft Office
up arrow 1%

Accounts Payable
0%

Microsoft Word
0%

National Average
$41,000

Data Processing
up arrow 2%

Data Entry
up arrow 3%

Customer Service
up arrow 3%

Accounts Receivable
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 706 votes.

Gender

Female
90 %
Male
10 %

Years of Experience

Less than 1 year
3%
1-4 years
27%
5-9 years
25%
10-19 years
28%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 80% dental benefits Dental: 71%
vision benefits Vision: 58% employee benefits None: 17%
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