As of August 01, 2026, the average salary for a Payroll Processing Clerk IV in Randall, IA is $59,490 per year, which breaks down to an hourly rate of $29.
However, a Payroll Processing Clerk IV's salary can vary significantly. Here’s a look at the typical salary range:
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A Payroll Processing Clerk IV's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.
Experience is a primary driver of a Payroll Processing Clerk IV's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Accounting Clerk II - Payroll | 1-3 years | $48,179 |
| Accounting Clerk III - Payroll | 3-5 years | $54,036 |
| Payroll Processing Clerk IV | 5-7 years | $59,417 |
| Payroll Operations Assistant Supervisor | 7+ years | $84,377 |
| Payroll Operations Supervisor | 7+ years | $90,556 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 6.06% |
| HRIS | 2.37% |
| Workday | 1.3% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Auditing
|
$69,008 |
16%
|
|
Workday
|
$66,034 |
11%
|
|
Child Support
|
$66,034 |
11%
|
|
Collaboration
|
$65,439 |
10%
|
|
Verbal Communication
|
$64,844 |
9%
|
|
HRIS
|
$63,654 |
7%
|
Payroll Processing Clerk IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $66,596. While startup companies pay approximate $56,338.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $56,338 |
| Growth Stage | 51~500 | $59,584 |
| Established | 501~5000 | $64,310 |
| Enterprise | 5000+ | $66,596 |
For Payroll Processing Clerk IV roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Pharmaceuticals sectors offer the strongest compensation, at 50% above the average. In contrast, Payroll Processing Clerk positions in Retail & Wholesale or Hospitality & Leisure typically offer lower base pay, as these industries often view Payroll Processing Clerk IV as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $89,235 | $43.0 | 50% |
| Pharmaceuticals | $83,286 | $40.0 | 40% |
| Biotechnology | $77,337 | $37.0 | 30% |
| Aerospace & Defense | $71,388 | $34.0 | 20% |
Understanding how a Payroll Processing Clerk IV's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026For a Payroll Processing Clerk IV, the most direct path to higher earnings is advancing to the Payroll Operations Assistant Supervisor role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $84,400 - a projected growth of 42% over your current level.
Ready to take the next step in your career? Browse thousands of current Payroll Processing Clerk IV job openings on our job board. Use the search bar below to find your perfect match.
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