As of February 01, 2025, the average annual salary for a Payroll Team Lead in Rockford, IL is $88,326. According to Salary.com, salaries can range from a low of $68,348 to a high of $113,016, with most professionals earning between $77,869 and $101,250.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $103,633 | $8,636 | $1,993 | $50 |
| Average | $90,405 | $7,534 | $1,739 | $43 |
| 25th Percentile | $79,702 | $6,642 | $1,533 | $38 |
An entry-level Payroll Team Lead with under 1 year experience makes about $83,534. With less than 2 years of experience, a mid-level Payroll Team Lead makes around $84,306. After 2-4 years, the Payroll Team Lead pay rises to about $86,314. Those senior Payroll Team Lead with 5-8 years of experience earn roughly $89,685, and those Payroll Team Lead having 8 years or more experience are expected to earn about $92,166 on average.
| Levels | Salary |
|---|---|
| Entry Level Payroll Team Lead | $83,534 |
| Intermediate Level Payroll Team Lead | $84,306 |
| Senior Level Payroll Team Lead | $86,314 |
| Specialist Level Payroll Team Lead | $89,685 |
| Expert Level Payroll Team Lead | $92,166 |
| Entry Level | 8% |
| Mid Level | 7% |
| Senior Level | 5% |
| Top Level | 1% |
| Experienced | 2% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Professional Development: Professional development refers to continuing education and career training after a person has entered the workforce in order to help them develop new skills, stay up-to-date on current trends, and advance their career.
General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.
| Skill | Salary | Demand |
|---|---|---|
|
Legal Compliance
|
$141,321 |
60%
|
|
People Management
|
$111,291 |
26%
|
|
Accounting and Reporting
|
$110,407 |
25%
|
|
System Implementation
|
$110,407 |
25%
|
|
Auditing
|
$109,524 |
24%
|
|
Risk Management
|
$107,757 |
22%
|
