upper level job

How much does a Payroll Manager make?

As of March 01, 2025, the average annual salary for a Payroll Manager in the United States is $121,007. According to Salary.com, salaries can range from a low of $93,618 to a high of $151,169, with most professionals earning between $106,671 and $136,795.

Payroll Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $136,795 $11,400 $2,631 $66
Average $121,007 $10,084 $2,327 $58
25th Percentile $106,671 $8,889 $2,051 $51

Average Salary

25% $106,671 10% $93,618 90% $151,169 75% $136,795 $121,007 50%(Median) Didn’t find job title? Click
Change Search Criteria

How much does a Payroll Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Payroll Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Payroll Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Payroll Manager's Salary?

An entry-level Payroll Manager with less than 1 year of experience earns about $114,725. With 1-2 years of experience, the average salary increases to $115,348. For 2-4 years of experience, the pay typically rises to $116,800. Senior-level professionals with 5-8 years of experience earn around $118,461, and those with over 8 years of experience can expect an average of $121,572.

Levels Salary
Entry Level Payroll Manager $114,725
Intermediate Level Payroll Manager $115,348
Senior Level Payroll Manager $116,800
Specialist Level Payroll Manager $118,461
Expert Level Payroll Manager $121,572
$114,725 0 yr
$115,348 < 2 yrs
$116,800 2-4 yrs
$118,461 5-8 yrs
$121,572 > 8 yrs
Last Updated on March 01, 2025
Entry Level 5%
Mid Level 5%
Senior Level 3%
Top Level 2%
Experienced 0%
View as graph
Last Updated on March 01, 2025

How much does salary of Payroll Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Payroll Manager is $151,259.
  • In New York, NY, the average annual salary is $141,336.
  • In Boston, MA, a Payroll Manager earns $135,649 per year.

What is the salary trend of Payroll Manager?

As of March 01, 2025, our research reveals a significant shift in Payroll Manager compensation over the past six years. For example, the median salary increased from $102,626 in 2023 to approximately $102,340 in 2024. (For a detailed analysis of Payroll Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Payroll Manager Over Time

2020
$???
2021
$???
2022
$???
$102,626
2023
$102,340
2024
$101,938
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$102,626
2024
$102,340
2025
$101,938
2026
$???
Last Updated on March 01, 2025

Payroll Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $102,626
2024 $102,340
2025 $101,938
2026 View More
Last Updated on March 01, 2025

Job Openings of Payroll Manager

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

Based on HR-reported data: a national average with a geographic differential
Base Salary 67.4%
Bonuses 5.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 4.7%
Pension 3.9%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $121,007 67.4%
Bonus $9,047 5.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,949 5.5%
401K/403B $5,462 3.0%
Disability $2,601 1.4%
Healthcare $8,352 4.7%
Pension $7,023 3.9%
Time Off $16,007 8.9%
Total Compensation $179,449 100%
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 March 01, 2025

What are the salaries of a Payroll Manager with different levels of education?

Salaries for Payroll Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Payroll Manager with a High School Diploma or Technical Certificate is $112,027 - $119,913. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Payroll Manager Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Payroll Manager
Degree Level % of user with this level of education
No Diploma 1.3%
High School 31.5%
Associates 17.6%
Bachelors 41.9%
Masters 7.7%
Doctorate 0.1%
Typical Education for Payroll Manager
No Diploma 1.3%
High School 31.5%
Associates 17.6%
Bachelors 41.9%
Masters 7.7%
Doctorate 0.1%
view as table

Payroll Manager Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Payroll Manager

1. What is the average salary of a Payroll Manager?

The average annual salary of Payroll Manager is $121,007. In case you are finding an easy salary calculator, the average hourly pay of Payroll Manager is $58; the average weekly pay of Payroll Manager is $2,327; the average monthly pay of Payroll Manager is $10,084.

2. Where can a Payroll Manager earn the most?

A Payroll Manager'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 Manager earns the most in San Jose, CA, where the annual salary of a Payroll Manager is $151,864.

3. What is the highest pay for Payroll Manager?

The highest pay for Payroll Manager is $151,169.

4. What is the lowest pay for Payroll Manager?

The lowest pay for Payroll Manager is $93,618.

5. What are the responsibilities of Payroll Manager?

Payroll Manager is responsible for managing payroll processing operations. Establishes policies and processes that ensure accurate calculation of wages, tax withholdings, and company deductions. Being a Payroll Manager interfaces between finance and human resource departments to provide accurate and useful information. Develops and produces payroll-related statistical reports. Additionally, Payroll Manager ensures accurate and on-time governmental reporting and compliance. Oversees the activities and training of both professionals and support staff. Directs the resolution of complex issues or errors. Requires a bachelor's degree. Typically reports to a director. The Payroll Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Payroll Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

6. What are the skills of Payroll Manager

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.)

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.)

General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.

3.)

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.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Is this useful?

The average salary for a Payroll Manager is $121,007 per year in the United States, updated at March 01, 2025.
Is this useful? Maybe
lower level job