Hourly Wage for PennyMac Mortgage Investment Trust Payroll Team Lead Salary in the United States

Payroll Team Lead is responsible for the coordination of payroll processing operations for a team. Monitors workflow, team assignments, and processing deadlines. Being a Payroll Team Lead verifies accurate calculation of wages, tax withholding, and company deductions. Assists team members with resolving errors or responding to inquiries. Additionally, Payroll Team Lead may prepare reports on employee pay, commissions and bonuses; vacation, sick, disability and workers compensation leave; taxes, withholding, etc. Coordinates the distribution of paychecks and direct deposit programs. Provides training to team on policies, regulations, and processes. May require a bachelor's degree. Typically reports to a supervisor. The Payroll Team Lead supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be a Payroll Team Lead typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. (Copyright 2024 Salary.com)

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