A Payroll Specialist in Toronto, Ontario earns an average salary of C$53,253 per year. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.

C$42,282 - C$65,370
C$42K
C$55K
C$65K
MEDIAN: C$55,116
10%
50%
90%
C$18.00 - C$30.00
C$25
MEDIAN: C$25.16
50%
C$0C$67K
Salary C$42,282 - C$65,370
Bonus C$1,021 - C$6,456
Profit Sharing C$2,000
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).
)
C$42,223 - C$67,517
  • Country: Canada
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 82
Hourly Data C$0C$29
Hourly Rate C$25.16
Overtime C$21.50
Annual Data C$0C$67K
Bonus C$1,021 - C$6,456
Profit Sharing C$2,000
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).
)
C$42,223 - C$67,517
  • Country: United States
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 7

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

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

Payroll Specialist Job Listings

Pay by Experience Level for Payroll Specialist

Pay by Experience for a Payroll Specialist has a positive trend. An entry-level Payroll Specialist with less than 5 years of experience can expect to earn an average total compensation of C$51,000 based on 19 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Payroll Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$55,000 based on 11 salaries. An experienced Payroll Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$57,000 based on 9 salaries. A Payroll Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$61,000 based on 8 salaries.

Payroll Specialist Reviews

Q: What is it like working in Toronto?

Payroll Specialist in Toronto:
"Cost of living, traffic/commute,"
Pros: Multicultural environment, opportunities, food, walkability.
Cons: Expensive, traffic.

Key Stats for Payroll Specialist

Gender

Female
86 %
Male
14 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 14 votes.
Less than 1 year
2%
1-4 years
35%
5-9 years
26%
10-19 years
25%
20 years or more
12%

Experience Affects Payroll Specialist Salaries

Late-Career
▲11%

▲2%

National Average
C$55,000

▼1%

▼8%

Skills That Affect Payroll Specialist Salaries

General Ledger Accounting
▲5%


National Average
C$55,000

Accounting
▼2%




Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 14 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
2%
1-4 years
35%
5-9 years
26%
10-19 years
25%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 94%
vision benefits
Vision: 83%
no benefits
None: 5%