The average pay for a Bookkeeper, Payroll is $16.62 per hour.
The average pay for a Bookkeeper, Payroll is $43,398 per year.
|Salary||$29,403 - $59,790|
|Bonus||$344 - $4,972|
|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).)
|$25,965 - $54,675|
|Hourly Rate||$11.98 - $24.24|
|Overtime||$20.43 - $38.16|
|Bonus||$344 - $4,972|
|Total Pay (||$25,965 - $54,675|
Larger companies frequently have a specialized accountant employed as a payroll bookkeeper. This payroll specialist ensures everyone working for the company - from salaried managers to hourly employees - are paid accurately and in a timely manner. This person ensures that all payroll deductions are properly assessed and helps maintain their organization's payroll bookkeeping records, so they are kept up to date and comply with federal and state regulations.Read More...
A payroll bookkeeper must be exceptionally organized, as they handle a high volume of documentation related to the tax-withholding status of the employees on the payroll. In many companies, this bookkeeper also helps the human resources maintain and update right-to-work documentation (such as the I-9 form in the United States).
The payroll bookkeeper also works closely with human resources to ensure that benefits and employee contributions are properly assessed on paychecks; this may include any payments necessary for health, disability, or life insurance, as well as any employee contributions to retirement funds. Additionally, the payroll bookkeeper makes sure their company’s payroll accounts are current, and they help generate payroll reports for departmental management to help assess labor costs. The payroll bookkeeper also ensures that any actionable non-compliance (such as overtime requirements or minimum wage requirements) are resolved quickly and transparently.
Many companies require a bachelor's degree in accounting for this position. In some situations, some human resources training may also be considered as essential for this position. The payroll bookkeeper generally works in an office during regular business hours. (Copyright 2019 PayScale.com)
Common Career Paths
For Payroll Bookkeepers, progressing to a Financial Controller role may result in a significant raise. On average, a Financial Controller can earn $77K annually. More often than not, a Bookkeeper role is the next step for Payroll Bookkeepers moving up in the field. Pay for Bookkeepers is usually $34K. Many Payroll Bookkeepers choose to take on a Full Charge Bookkeeper role instead, where salaries are typically $39K.
Payroll Bookkeepers seem to exploit a large range of skills on the job. Most notably, facility with General Ledger Accounting and Human Resources are correlated to pay that is significantly above average, leading to increases of 20 percent and 10 percent, respectively. Skills that seem to negatively impact pay include Account Management, Microsoft Word, and Office Administration. Those familiar with Accounts Payable also tend to know Bookkeeping and Payroll Administration.
Pay by Experience Level
Pay by Experience for a Bookkeeper, Payroll has a positive trend. An entry-level Bookkeeper, Payroll with less than 5 years of experience can expect to earn an average total compensation of $32,000 based on 221 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Bookkeeper, Payroll with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $36,000 based on 175 salaries. An experienced Bookkeeper, Payroll which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $40,000 based on 252 salaries. A Bookkeeper, Payroll with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $40,000 based on 135 salaries.
Pay Difference by Location
Surpassing the national average by 28 percent, Payroll Bookkeepers in Fort Myers receive some of the highest pay in the country. Payroll Bookkeepers will also find cushy salaries in New York (+26 percent), Atlanta (+24 percent), Seattle (+23 percent), and Austin (+15 percent). The smallest paychecks in the market, 10 percent south of the national average, can be found in Los Angeles. Workers in Baltimore and Albuquerque earn less than others in this profession; their salaries fall short of the national average by 9 percent.
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