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What is the highest and lowest pay for Payroll Administrator III?

As of December 01, 2024, the average annual pay of Payroll Administrator III in the United States is $87,624. While Salary.com is seeing that the highest pay for Payroll Administrator III in the US can go up to $108,619 and the lowest down to $69,424, but most earn between $78,097 and $98,614. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Payroll Administrator III in the United States.

Payroll Administrator III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $98,614 $8,218 $1,896 $47
Average $87,624 $7,302 $1,685 $42
25th Percentile $78,097 $6,508 $1,502 $38

Average Salary

25% $78,097 10% $69,424 90% $108,619 75% $98,614 $87,624 50%(Median) Didn’t find job title? Click
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What is the hourly and monthly salary as a Payroll Administrator III?

As of December 01, 2024, the average hourly salary is $42 (range: $33 to $52); the average monthly salary is $7,302 (range: $5,785 to $9,052).

Click the switch button below to see weekly and yearly salary of a Payroll Administrator III.

Last Updated on December 01, 2024
Last Updated on December 01, 2024

What are the salaries of Payroll Administrator III with different levels of experience?

As of December 01, 2024, Salary.com is seeing that an entry-level Payroll Administrator III with under 1 year experience makes about $82,919. With less than 2 years of experience, a mid-level Payroll Administrator III makes around $83,626. After 2-4 years, the Payroll Administrator III pay rises to about $85,040. Those senior Payroll Administrator III with 5-8 years of experience earn roughly $89,120, and those Payroll Administrator III having 8 years or more experience is expected to earn about $92,872 on average.

Levels Salary
Entry Level Payroll Administrator III $82,919
Intermediate Level Payroll Administrator III $83,626
Senior Level Payroll Administrator III $85,040
Specialist Level Payroll Administrator III $89,120
Expert Level Payroll Administrator III $92,872
$82,919 0 yr
$83,626 < 2 yrs
$85,040 2-4 yrs
$89,120 5-8 yrs
$92,872 > 8 yrs
Last Updated on December 01, 2024
Entry Level 5%
Mid Level 5%
Senior Level 3%
Top Level 2%
Experienced 6%
View as graph
Last Updated on December 01, 2024

How much does salary of Payroll Administrator III vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of December 01, 2024, the average yearly salary of Payroll Administrator III in San Francisco, CA is $109,530 and in New York, NY, the average annual salary goes to $102,345. While a Payroll Administrator III earns $98,227 per year in Boston, MA.

What is the salary trend of Payroll Administrator III?

For those exploring the changing dynamics of Payroll Administrator III salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Payroll Administrator III compensation over the past six years. For instance, the median salary has moved from $78,703 in 2023 to about $77,819 in 2024 (for a comprehensive analysis of Payroll Administrator III salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Payroll Administrator III Over Time

2020
$???
2021
$???
2022
$???
$78,703
2023
$77,819
2024
$77,331
2025
2026
$???
Last Updated on December 01, 2024
2020
$???
2021
$???
2022
$???
2023
$78,703
2024
$77,819
2025
$77,331
2026
$???
Last Updated on December 01, 2024

Payroll Administrator III Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $78,703
2024 $77,819
2025 $77,331
2026 View More
Last Updated on December 01, 2024

Job Openings of Payroll Administrator III

Salary.com job board provides millions of Payroll Administrator III information for you to search for. Click on search button below to see Payroll Administrator III job openings or enter a new job title here.

Most Common Benefits for Payroll Administrator III

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.1%
Bonuses 3.0%
Social Security 5.4%
401k/403b 3.0%
Disability 1.4%
Healthcare 6.5%
Pension 3.8%
Time Off 8.7%
Core Compensation
Core Compensation Median % of Total
Base Salary $87,624 68.1%
Bonus $3,893 3.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $7,001 5.4%
401K/403B $3,844 3.0%
Disability $1,830 1.4%
Healthcare $8,352 6.5%
Pension $4,942 3.8%
Time Off $11,264 8.7%
Total Compensation $128,750 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on December 01, 2024

FAQ about Payroll Administrator III

1. What is the average salary of a Payroll Administrator III?

The average annual salary of Payroll Administrator III is $87,624. In case you are finding an easy salary calculator, the average hourly pay of Payroll Administrator III is $42; the average weekly pay of Payroll Administrator III is $1,685; the average monthly pay of Payroll Administrator III is $7,302.

2. Where can a Payroll Administrator III earn the most?

A Payroll Administrator III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Payroll Administrator III earns the most in San Jose, CA, where the annual salary of a Payroll Administrator III is $109,968.

3. What is the highest pay for Payroll Administrator III?

The highest pay for Payroll Administrator III is $108,619.

4. What is the lowest pay for Payroll Administrator III?

The lowest pay for Payroll Administrator III is $69,424.

5. What are the responsibilities of Payroll Administrator III?

Payroll Administrator III is responsible for the accurate preparation, documentation, distribution and reconciliation of payroll and the administration of the payroll system. Reviews the computation of pay and associated deductions for accuracy. Being a Payroll Administrator III maintains up-to-date knowledge of city, state, provincial, local, and federal legislation affecting payroll; understands and follows applicable provisions. Prepares required tax filings and other reporting. Additionally, Payroll Administrator III may coordinate payroll processing with an outside service provider. Responds to and resolves any inquiries regarding paychecks or payroll reporting. Ensures payroll issues are escalated and resolved promptly. Requires an associate degree or equivalent. Typically reports to a manager or head of a unit/department. The Payroll Administrator III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Payroll Administrator III typically requires 4-7 years of related experience.

6. What are the skills of Payroll Administrator III

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Auditing: Auditing refers to the independent examination of financial information of any entity whether profit oriented or not. It is a safeguard measure that prevents corruption.

3.)

Child Support: Is a designed to maintain a child's living standard and ensure all their basic needs are covered. The money can be used to pay for necessities like: Shelter and utilities of the child's primary home to ensure they're living in a safe environment.

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Payroll Administrator III is $87,624 per year in the United States, updated at December 01, 2024.
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