$50,376
Avg. Salary
$19.95
Avg. Hourly Rate

Average additional compensation:

$2,147

Bonus

$1,202

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Payroll & Benefits Specialist is $19.95 per hour.

The average pay for a Payroll & Benefits Specialist is $50,376 per year.

$15.82
10%
$19.95
50%
$27.52
90%
MEDIAN $19.95
$38k
10%
$50k
50%
$66k
90%
MEDIAN $50,376
$38,015 - $65,729
$38K
$50K
$66K
MEDIAN: $50,376
10%
50%
90%

Add this chart to your site: 640px    300px

$15.82 - $27.52
$16
$20
$28
MEDIAN: $19.95
10%
50%
90%

Add this chart to your site: 640px    300px

$0$65K
Salary $38,015 - $65,729
Bonus $500 - $6,426
Profit Sharing $1,202
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).
)
$35,057 - $64,513
  • Country: United States
  • Currency: USD
  • Updated: 18 Feb 2019
  • Individuals Reporting: 438
Hourly Data $0$41
Hourly Rate $15.82 - $27.52
Overtime $23.77 - $41.46
Annual Data $0$64K
Bonus $500 - $6,426
Profit Sharing $1,202
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).
)
$35,057 - $64,513
  • Country: United States
  • Currency: USD
  • Updated: 18 Feb 2019
  • Individuals Reporting: 322

Job Description for Payroll & Benefits Specialist

Payroll and benefits specialists handle accounting and finance tasks related to business operation and taxes, especially in regards to filing and distribution of audits, payroll, and W-2s. They maintain payroll data, prepare checks, obtain relevant data (such as salary adjustments), and help prepare W-2s. They may also disseminate information about payroll to staff and conduct trainings as necessary. Customer service skills are sometimes part of this role, as maintaining investment and retirement funds are occasionally required. Depending on the industry, payroll specialists may be employed in human resources, warehouse/shipping (due to experience with operation software, shipping systems, and related systems), or within their own department (payroll). This position is generally full time, although overtime may be required as deadlines approach.

Read More...

Common Career Paths for Payroll & Benefits Specialist


Add this chart to your site:   640px 640px    300px 300px


Payroll & Benefits Specialists' salaries may rise greatly for those who assume a higher-end position such as a Human Resources Manager. The average Human Resources Manager brings home $59K per year.

Payroll & Benefits Specialist Job Listings

Popular Skills for Payroll & Benefits Specialist


Payroll & Benefits Specialists generally report applying a varied skill set to their work. Most notably, skills in Payroll Tax Compliance, ADP Payroll System, UltiPro, and Benefits Administration are correlated to pay that is above average, with boosts in pay of 6 percent. Skills that pay less than market rate include Microsoft Office. Most people familiar with Benefits Administration also know Microsoft Excel and ADP Payroll System.

Pay by Experience Level for Payroll & Benefits Specialist

Pay by Experience for a Payroll & Benefits Specialist has a positive trend. An entry-level Payroll & Benefits Specialist with less than 5 years of experience can expect to earn an average total compensation of $42,000 based on 152 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Payroll & Benefits Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $48,000 based on 118 salaries. An experienced Payroll & Benefits Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $50,000 based on 133 salaries. A Payroll & Benefits Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $50,000 based on 63 salaries.

Pay Difference by Location

National Average: $47,073

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

Washington is home to an above-average pay rate for Payroll & Benefits Specialists, 39 percent higher than the national average. Payroll & Benefits Specialists will also find cushy salaries in Houston (+21 percent), Minneapolis (+19 percent), St. Louis (+7 percent), and Indianapolis (+4 percent). Tampa is the lowest-paying area, 4 percent south of the national average.

Payroll & Benefits Specialist Reviews

Q: What is it like working as a Payroll & Benefits Specialist?

Payroll & Benefits Specialist in Houston:
"Great."
Pros: The people are friendly and very nice
Cons: The commute

Payroll & Benefits Specialist in Nashville:
"Great."
Pros: I like City.
Cons: Traffic

Payroll & Benefits Specialist in Sioux Center:
"Workplace not listed: Orange City, Iowa."
Pros: Small community, values matter
Cons: pay is culturally low

Payroll & Benefits Specialist in Rising Sun:
"That I was worth more than I thought."
Learn new skills and take those skills w/ you.

Related Job Salaries

Key Stats for Payroll & Benefits Specialist

Gender

Female
94 %
Male
6 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 159 votes.
Less than 1 year
2%
1-4 years
30%
5-9 years
24%
10-19 years
29%
20 years or more
14%

Experience Affects Payroll & Benefits Specialist Salaries

▲7%

▲6%

▲1%

National Average
$47,000

▼10%

Skills That Affect Payroll & Benefits Specialist Salaries

Payroll Tax Compliance
▲5%


UltiPro (Ultimate Software)
▲4%


National Average
$47,000

Payroll Administration
▼2%

Benefits & Compensation
▼2%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 159 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
24%
10-19 years
29%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 76%
vision benefits
Vision: 63%
no benefits
None: 15%