Payroll Accountant Salary

Average Payroll Accountants in the United States make around $52K per year. Total cash earnings of Payroll Accountants range from $35K on the low end to $69K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $5K and $9K, respectively. Residence and career length each impact pay for this group, with the former having the largest influence. A large number enjoy medical while the greater part get dental coverage. Vision coverage is also available to the larger part. Job satisfaction is high and work is enjoyable for most Payroll Accountants. The vast majority of Payroll Accountants (88 percent) who responded to the survey are women. Respondents to the PayScale salary survey provided the data for this report.
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$38,751 - $70,885
$39K
$53K
$71K
MEDIAN: $52,876
10%
50%
90%

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$14.95 - $27.98
$15
$21
$28
MEDIAN: $20.75
10%
50%
90%

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$0$70K
Salary $38,751 - $70,885
Bonus $0.00 - $5,471
Profit Sharing $0.00 - $8,682
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).
)
$35,039 - $69,709
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 364
Hourly Data $0$43
Hourly Rate $14.95 - $27.98
Hourly Tips $0.56
Overtime $23.80 - $43.81
Annual Data $0$69K
Bonus $0.00 - $5,471
Profit Sharing $0.00 - $8,682
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).
)
$35,039 - $69,709
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 188

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Payroll Accountant

Payroll accountants generate, maintain, and interpret various reports and financial statements for the company. Most of their work is performed internally, and adherence to various government standards and company policies is critical. Depending on the size of the company, this work may be performed with a team of other accountants or independently; however, payroll accountants should be flexible enough to work both independently and in a team setting. All work is performed in an indoor office environment during regular business hours, although some overtime may be required due to upcoming deadlines or other business needs.

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Payroll Accountant Tasks

  • Analyze financial data in order to prepare financial reports.
  • Utilize accounting principles to report employee earnings; such as salaries, wages, bonuses, and overtime and payroll taxes as well as employer paid benefits; such as vacation and holidays, various insurance and retirement plans.
  • Generate and interpret financial records and statements for management.
  • Maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.

Common Career Paths for Payroll Accountant


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Many Payroll Accountants move into Payroll Manager roles, in which average pay is a slightly higher $56K per year.

Payroll Accountant Job Listings

Popular Skills for Payroll Accountant


Survey results suggest that Payroll Accountants put a wide range of professional skills to use. Most notably, skills in Accounting, Payroll Tax Compliance, General Ledger Accounting, and ADP Payroll System are correlated to pay that is above average, with boosts between 5 percent and 11 percent. Skills that seem to negatively impact pay include Microsoft Excel and Accounts Receivable. Those proficient in Payroll Administration are, more often than not, also skilled in ADP Payroll System and Accounts Payable.

Pay by Experience Level for Payroll Accountant

Pay by Experience for a Payroll Accountant has a positive trend. An entry-level Payroll Accountant with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 199 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Payroll Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $52,000 based on 140 salaries. An experienced Payroll Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $52,000 based on 188 salaries. A Payroll Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $51,000 based on 110 salaries.

Pay Difference by Location

National Average: $50,453

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

Payroll Accountants will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 40 percent. Payroll Accountants will also find cushy salaries in Chicago (+36 percent), Washington (+20 percent), Los Angeles (+20 percent), and San Jose (+14 percent). Colorado Springs is home to the smallest salaries in the field, lagging the national average by 19 percent. A couple other locations with smaller-than-average paychecks include Portland (19 percent lower) and Orlando (11 percent lower).

Payroll Accountant Reviews

Q: What is it like working as a Payroll Accountant?

Payroll Accountant in Owensboro:
"Consistency."
Pros: I enjoy the technical part of my job. Actual calculations, verifications, etc... That are concrete with no reliance on someone else to provide input are my favorite aspects. I also enjoy calculating variances and explaining things that aren't understood. Some people want to know the net effect of different tax elections and salary deferrals. I also enjoy being a part of things. I get to do training at our orientations so new employees get a better understanding of our time keeping system.
Cons: Office culture, politics of who you know/work under gets you better pay/schedule, etc... It seems like so many employees are angry at the world, but can't ask for changes because we are a "service provider" and have to accommodate EVERYONE! There are so many employees that don't seem to accomplish anything on a daily basis, but continue to be employed. There is no central location for point of contact. Our front desk staff could hand out certain forms for filling out (direct deposit form, w-4 update form, voucher election form, change of address form, etc...) but employees are sent to different departments to get specific forms. :/ Absolute chaos instead of consistency. One person can do this, but the next can't.

Payroll Accountant in San Francisco:
"Challenging."
Pros: Important, challenging, morphing, detailed.
Cons: Unflexible, stressful, ungrateful.

Related Job Salaries

Key Stats for Payroll Accountant

Gender

Female
88 %
Male
12 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 91 votes.
Less than 1 year
2%
1-4 years
29%
5-9 years
20%
10-19 years
27%
20 years or more
22%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Payroll Accountant Salaries

▲3%

▲3%

▲1%

National Average
$50,000

▼13%

Skills That Affect Payroll Accountant Salaries

Accounting
▲10%





National Average
$50,000



Microsoft Excel
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 91 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
2%
1-4 years
29%
5-9 years
20%
10-19 years
27%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 68%
vision benefits
Vision: 60%
no benefits
None: 15%
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