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.