Payroll Specialist in Chicago, Illinois Salary

How much does a Payroll Specialist make in Chicago, IL? In Chicago, a Payroll Specialist takes home an average of $50,041 annually. This is 6% above the national average for a Payroll Specialist which is $46,892 annually. Salaries for a Payroll Specialist in Chicago range from $39,232 per year to $75,535 per year. Total Annual Pay, which includes salary, bonus, and overtime for a Payroll Specialist in Chicago ranges from $30,917 to $61,756 annually. Among those reporting, there is an average job satisfaction rating of 4 out of 5 stars. In Chicago, women make up the majority of the workforce (83 percent). Many report receiving medical, dental, and vision benefits from their employer.

$39,232 - $75,535
$39K
$50K
$76K
MEDIAN: $50,041
10%
50%
90%

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$14.00 - $25.85
$14
$20
$26
MEDIAN: $20.23
10%
50%
90%

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$0$75K
Salary $39,232 - $75,535
Bonus $1,017
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).
)
$30,917 - $61,756
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 23
Hourly Data $0$45
Hourly Rate $14.00 - $25.85
Overtime $20.60 - $45.12
Annual Data $0$61K
Bonus $1,017
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).
)
$30,917 - $61,756
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 18

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.

About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

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 $42,000 based on 22 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 $49,000 based on 10 salaries. An experienced Payroll Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $51,000 based on 11 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 $46,000 based on 10 salaries.

Key Stats for Payroll Specialist

Gender

Female
83 %
Male
17 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.
1-4 years
46%
5-9 years
12%
10-19 years
12%
20 years or more
29%

Experience Affects Payroll Specialist Salaries

▲10%

Mid-Career
▲5%

National Average
$47,000

Late-Career
▼1%

▼10%

Skills That Affect Payroll Specialist Salaries

ADP
▲16%

Payroll Tax Compliance
▲9%

Benefits & Compensation
▲9%

ADP Time and Attendance System
▲8%

ADP Payroll System
▲6%

Data Processing
▲6%

Automatic Data Processing (ADP) Software Suite
▲4%

▼0%

National Average
$47,000

Microsoft Office
▼2%

Microsoft Excel
▼4%

Microsoft Word
▼4%


Data Entry
▼8%

Customer Service
▼10%

UltiPro (Ultimate Software)
▼21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
83 %
Male
17 %

Years of Experience

1-4 years
46%
5-9 years
12%
10-19 years
12%
20 years or more
29%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 96%
vision benefits
Vision: 79%
no benefits
None: