Payroll Manager Salary in Colombia
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How much does a Payroll Manager make in Colombia? The average Payroll Manager salary in Colombia is COL$189M as of April 08, 2021, but the range typically falls between COL$142M and COL$267M. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost a Payroll Manager Salary
Mastering key skills can significantly increase your earning potential as a Payroll Manager. According to Salary.com's Real-time Job Posting Data, expertise in Leadership can lead to a 6% salary raise, while strong General Ledger skills boost pay by a 2%.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Leadership
Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
General Ledger
Creating and keeping track of business transactions and activities to monitor financial operations.
More Skills...
Based on recent job listings, in-demand skills in the Payroll Manager field include Leadership (6%), and General Ledger (2%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| COL$200M |
Leadership
COL$200M
|
6%
|
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| COL$193M |
General Ledger
COL$193M
|
2%
|
What does a Payroll Manager do?
Payroll Manager
São Paulo, BR
Manages and reconciles monthly, quarterly and annual profit share payments, quarterly and annual auto imputed income, relocation payments, travel awards and periodic taxable fringe payments.
12/25/2020
Payroll Manager
Medellin, CO
Manage garnishment process including new orders, court/agency interaction and set up in Workday, Manage, analyze and reconcile biweekly net payroll in conjunction with payroll processing.
12/25/2020
Payroll Manager
Tokyo Yokohama Rollup, JP
Manage detailed test samples and scenarios highlighting end-to-end output to assist in trouble-shooting and identifying calculation discrepancies as it relates to payroll results.
03/16/2021
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About Colombia
The geography of Colombia is characterized by its six main natural regions that present their own unique characteristics, from the Andes mountain range region shared with Ecuador and Venezuela; the Pacific Coastal region shared with Panama and Ecuador; the Caribbean coastal region shared with Venezuela and Panama; the Llanos (plains) shared with Venezuela; the Amazon Rainforest region shared with Venezuela, Brazil, Peru and Ecuador; to the insular area, comprising islands in both the Atlantic and Pacific oceans. It shares its maritime limits with Costa Rica, Nicaragua, Honduras, Jamaica, Haiti...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Payroll Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Medellin, CO |
Compared to national average
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Employees with Payroll Manager in their job title in Medellin, CO earn an average of 0.1% more than the national average.
Similar Jobs to Payroll Manager in Colombia
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| Job Title | Salary Range in COP |
|---|---|
| Job Title Accounting Clerk - Payroll - Senior |
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| Job Title Payroll Accounting Administrator Intermediate |
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| Job Title Payroll Administrator II |
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| Job Title Payroll Associate II |
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| Job Title Payroll Clerk, Sr. |
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Understand the base salary paid range for a Payroll Manager in Colombia
Average Base Salary
Core compensation
141736193
266529773
The chart shows the base salary for Payroll Manager ranges from COL$142M to COL$267M with the average base salary of COL$189M. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Payroll Manager may get paid difference by industry, location, and factors.
Payroll Manager Frequently Asked Questions in Colombia
What is the salary range for a Payroll Manager in Colombia? What is the average hourly rate?
The average salary for a Payroll Manager in Colombia is COL$189M per year. The salary range for a Payroll Manager is between COL$142M and COL$267M. While we are seeing hourly wages as high as COL$128,139 and as low as COL$68,142, the majority of Payroll Managers are currently paid an average of COL$90,808 in Colombia. The average salary pay range for a Payroll Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Payroll Manager in Colombia can differ based on any or all of these varying factors.
April 08, 2021
salary.com
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Why should you negotiate salary for a Payroll Manager role? What are effective negotiation strategies?
Most hiring managers in Colombia expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Payroll Manager position that you can in Colombia. This starting salary of the Payroll Manager position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Payroll Manager position in Colombia, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
April 08, 2021
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How do you evaluate the advantages, opportunities, and salary for a Payroll Manager role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Payroll Manager in the Colombia can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Payroll Manager job in a large city of the Colombia may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Colombia also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Payroll Manager job is right for you.
April 08, 2021
salary.com
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Last Update: April 08, 2021