Payroll Specialist in New York Salary
How much does a Payroll Specialist make in New York, NY? In New York, a Payroll Specialist takes home an average of $58,257 per year. This is 20% higher than the national average for a Payroll Specialist which is $46,892 per year. Salaries for a Payroll Specialist in New York range from $42,573 annually to $70,152 annually. Total Annual Compensation, which includes salary, bonus, and overtime for a Payroll Specialist in New York ranges from $42,953 to $70,273 annually. Among those reporting, there is an average job satisfaction rating of 4 out of 5 stars. Women make up 69% of the Payroll Specialist workforce in New York among those reporting. In New York, a Payroll Specialist often enjoys medical, dental, and vision benefits provided by their employer.
|Salary||$42,573 - $70,152|
|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).)
|$42,953 - $70,273|
|Total Pay (||$42,953 - $70,273|
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.Read More...
Successful payroll specialists are able to multitask and manage time in a fast-paced environment. They may also be expected to work directly with clients and to successfully address and resolve employee complaints and concerns. A broad range of computer skills are necessary. Payroll specialists often work with online database programs and payroll processing, as well as Microsoft Office applications. Specialists may be called on to prepare reports and to provide accurate company data to management. Clerical skills also are very important. Within one work day, a payroll specialist may be performing data entry, verifying accuracy, maintaining files, preparing mail-outs, addressing contract issues, and answering calls and emails to clients and employees.
Payroll Specialists must be self-motivated, detail-oriented, and work well with numerical data. They must also have excellent customer service skills. A high school diploma or GED is required, while an associate's or bachelor’s degree in accounting or business is often preferred. (Copyright 2017 PayScale.com)
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
Key Stats for Payroll Specialist
Rated 4 out of 5
based on 7 votes.