FAQ about Payroll Processing Clerk IV
1. What industry pays the highest salary for Payroll Processing Clerk IV?
The Software & Networking industry offers the highest average compensation for Payroll Processing Clerk IV roles,
with salaries approximately 50% above the market median.
2. What is the highest salary of clerk?
The highest salary for a Payroll Processing Clerk is $78,490 annually. The salary range typically falls between $62,790 (minimum) and $70,490 (midpoint), reflecting the varying levels of experience and responsibility within the role.
3. What is the pay rate for Executive Level IV?
The pay rate for Payroll Processing Clerks ranges from $62,790 to $78,490 annually, with a mid-salary of $70,490. This reflects the compensation structure for this role, which is distinct from the Executive Level IV positions that have a significantly higher pay scale.
4. What is the largest payroll company in the US?
ADP is the largest payroll company in the US, serving one million customers and employing over 70,000 people. They lead the market in payroll service software, competing with over 50 other companies. Payroll Processing Clerks at ADP earn between $62,790 and $78,490, with a median salary of $70,490.
5. What does a payroll clerk do?
Payroll Clerks are responsible for maintaining payroll information by collating, calculating, and entering data. They also update records with changes in employee details or benefits like job titles that might occur over time. The salary for this position ranges from $62,790 to $78,490, with a mid-range salary of $70,490.
6. What is the role of a payroll processor?
A payroll processor is responsible for managing payroll for a company's employees. Their duties include validating work hours, calculating wages, and issuing payments. They ensure accurate attendance records and follow up to guarantee employees are paid correctly. The salary for this role ranges from $62,790 to $78,490, with a midpoint of $70,490.
7. What is the highest paying job in payroll?
The highest paying job in payroll is typically the Payroll Consultant, with salaries ranging from $69,000 to $148,000 per year. Other roles include Payroll Advisor ($50,000-$95,000), Payroll Officer ($48,000-$80,500), and Senior Payroll Specialist. For a Payroll Processing Clerk, the salary ranges from $62,790 to $78,490, with a mid-salary of $70,490.