A Paymaster's salary isn't a fixed number.
It's shaped by several important factors.
Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
How Experience Level Affects Paymaster Salaries?
Experience is a primary driver of a Paymaster's salary.
As you build your skills and take on more complex tasks, your compensation generally increases.
Here's how the average salary grows at different career stages:
Entry-Level (less than 1 year): $62,829
Early Career (1-2 years): $73,029
Mid-Level (2-4 years): $84,640
Senior-Level (5-8 years): $100,883
Expert (over 8 years): $142,215
Levels
Salary
Accountan... Level Paymaster
$62,829
Paymaster... Level Paymaster
$73,029
Accountan... Level Paymaster
$84,640
Accountan... Level Paymaster
$100,883
Accountan... Level Paymaster
$142,215
$62,8290 yr
$73,029< 2 yrs
$84,6402-4 yrs
$100,8835-8 yrs
$142,215> 8 yrs
View as Table
View as Graph
What Am I Worth?
How Do Paymaster Salaries Vary from State to State?
Your salary can change significantly depending on where you work.
States with a higher cost of living and strong industrial sectors
often pay more to attract Paymasters.
For example, consider the average annual salaries in these key locations:
District of Columbia: $79,170.
California: $78,870.
Massachusetts: $77,819.
District of Columbia$79,170
California$78,870
Massachusetts$77,819
Washington$77,533
New Jersey$77,504
Alaska$77,404
Connecticut$76,417
New York$76,017
Hawaii$74,737
Rhode Island$74,136
Maryland$73,729
Minnesota$73,171
Colorado$72,957
Illinois$72,885
Oregon$72,613
Delaware$72,413
New Hampshire$72,287
Virginia$72,006
Pennsylvania$71,183
Nevada$70,768
North Dakota$70,633
Michigan$70,418
Wisconsin$70,339
Vermont$70,182
Texas$69,746
Maine$69,717
Arizona$69,674
Ohio$69,624
Georgia$68,967
Indiana$68,638
Wyoming$68,573
Utah$68,473
Iowa$68,430
Kansas$68,087
Louisiana$67,987
North Carolina$67,951
Missouri$67,937
Florida$67,658
Montana$67,508
Nebraska$67,365
Kentucky$67,286
South Carolina$67,000
Tennessee$66,821
Idaho$66,750
New Mexico$66,228
Oklahoma$66,114
Alabama$65,692
South Dakota$64,984
Arkansas$64,598
West Virginia$64,390
Mississippi$63,768
Top Paying Cities for Paymasters
Salaries can also vary between different cities.
Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay.
Here are a few examples of average annual salaries in different U.S. cities:
San Jose: $90,189
San Francisco: $89,202
Oakland: $87,322
San Jose, CA$90,189
San Francisco, CA$89,202
Oakland, CA$87,322
New York, NY$82,330
Paramus, NJ$81,329
Queens Village, NY$81,325
Passaic, NJ$81,258
Bergenfield, NJ$81,251
Stamford, CT$81,094
Huntington, NY$81,065
Newark, NJ$80,536
Bridgeport, CT$80,385
Vallejo, CA$80,243
New Brunswick, NJ$80,214
Petaluma, CA$80,171
Middlesex, NJ$80,036
Somerset, NJ$79,985
Santa Cruz, CA$79,893
Boston, MA$79,456
Monterey, CA$79,205
Seattle, WA$79,042
Santa Rosa, CA$79,027
Los Angeles, CA$79,006
Juneau, AK$78,820
Washington, DC$78,741
Orange, CA$78,487
Santa Ana, CA$78,298
Long Beach, CA$78,226
Anaheim, CA$78,212
Anchorage, AK$78,176
Santa Maria, CA$77,962
Everett, WA$77,948
Danbury, CT$77,696
Bremerton, WA$77,597
Tacoma, WA$77,340
New Suffolk, NY$77,338
Sacramento, CA$77,318
Santa Barbara, CA$77,240
Trenton, NJ$77,161
San Diego, CA$77,161
Brockton, MA$77,082
Fairbanks, AK$76,907
Lompoc, CA$76,725
Lowell, MA$76,667
Ventura, CA$76,653
Nashua, NH$76,639
Stockton, CA$76,632
Modesto, CA$76,110
Poughkeepsie, NY$75,953
Olympia, WA$75,817
Kennewick, WA$75,817
New Haven, CT$75,788
Lawrence, MA$75,531
Hartford, CT$75,459
Riverside, CA$75,445
New Bedford, MA$75,373
Richland, WA$75,373
Bakersfield, CA$75,273
San Bernardino, CA$75,245
New Britain, CT$75,238
Atlantic City, NJ$75,238
New London, CT$75,209
Norwich, CT$75,188
Portsmouth, NH$75,173
Boulder, CO$75,022
Portland, OR$74,923
Worcester, MA$74,916
Minneapolis, MN$74,694
Philadelphia, PA$74,594
Honolulu, HI$74,358
Saint Paul, MN$74,324
Vineland, NJ$74,308
Providence, RI$74,101
Chicago, IL$73,893
Bellingham, WA$73,807
Springfield, MA$73,750
Baltimore, MD$73,729
Chico, CA$73,550
Pittsfield, MA$73,357
Manchester, NH$73,221
Spokane, WA$72,906
Denver, CO$72,899
Albany, NY$72,563
Troy, NY$72,535
Nassau, NY$72,458
Schenectady, NY$72,385
Wilmington, DE$72,327
Burlington, VT$72,227
Salem, OR$72,199
Portland, ME$71,977
Yakima, WA$71,905
Rochester, MN$71,684
Reno, NV$71,648
Fresno, CA$71,648
Milwaukee, WI$71,584
Detroit, MI$71,512
Ann Arbor, MI$71,500
Allentown, PA$71,491
Colorado Springs, CO$71,369
Syracuse, NY$71,333
Carson City, NV$71,333
Houston, TX$71,233
Eugene, OR$71,198
Gary, IN$71,112
Springfield, OR$71,055
Bismarck, ND$71,040
Galveston, TX$70,990
Medford, OR$70,883
Fort Collins, CO$70,854
Concord, NH$70,819
Austin, TX$70,797
Mesa, AZ$70,647
Reading, PA$70,640
Phoenix, AZ$70,633
Dallas, TX$70,611
Saint Cloud, MN$70,543
Madison, WI$70,447
Utica, NY$70,254
Rochester, NY$70,139
Des Moines, IA$70,132
Raleigh, NC$70,125
Atlanta, GA$70,018
Battle Creek, MI$69,996
Salt Lake City, UT$69,975
Lancaster, PA$69,868
Harrisburg, PA$69,767
Kansas City, MO$69,696
Champaign, IL$69,682
Kansas City, KS$69,682
Fort Worth, TX$69,674
Columbus, OH$69,662
Boca Raton, FL$69,646
Pittsburgh, PA$69,617
Richmond, VA$69,589
Indianapolis, IN$69,574
Cleveland, OH$69,567
Las Vegas, NV$69,481
Cincinnati, OH$69,481
Petersburg, VA$69,374
Huntsville, AL$69,267
Lansing, MI$69,219
Lebanon, PA$69,210
Pueblo, CO$69,203
Appleton, WI$69,181
Buffalo, NY$69,152
Dayton, OH$69,131
Racine, WI$69,117
Charlotte, NC$69,110
Saint Louis, MO$69,088
York, PA$69,045
Elkhart, IN$69,045
Gastonia, NC$69,032
Billings, MT$69,014
Beaumont, TX$68,995
Lorain, OH$68,981
Benton Harbor, MI$68,967
Toledo, OH$68,952
Binghamton, NY$68,917
Rock Hill, SC$68,909
Rockford, IL$68,874
Springfield, IL$68,845
Elyria, OH$68,838
Fargo, ND$68,838
Flagstaff, AZ$68,788
Fort Lauderdale, FL$68,745
Duluth, MN$68,702
Miami, FL$68,702
Cheyenne, WY$68,652
Grand Forks, ND$68,652
Bangor, ME$68,495
Cedar Rapids, IA$68,416
Durham, NC$68,386
Louisville, KY$68,380
Grand Rapids, MI$68,366
Hialeah, FL$68,359
Casper, WY$68,259
Scranton, PA$68,173
New Orleans, LA$68,151
Virginia Beach, VA$68,144
Akron, OH$68,109
Peoria, IL$68,016
Sarasota, FL$68,001
Nashville, TN$67,951
Omaha, NE$67,951
Green Bay, WI$67,951
Baton Rouge, LA$67,915
Charleston, SC$67,901
Jamestown, NY$67,865
Davenport, IA$67,865
Tucson, AZ$67,830
Saint Petersburg, FL$67,787
Tampa, FL$67,772
Evansville, IN$67,730
Port Arthur, TX$67,730
Bradenton, FL$67,701
Santa Fe, NM$67,572
Orlando, FL$67,444
Clearwater, FL$67,422
Canton, OH$67,272
La Crosse, WI$67,272
Albuquerque, NM$67,229
Newport News, VA$67,222
High Point, NC$67,200
Ogden, UT$67,172
Corpus Christi, TX$67,115
Norfolk, VA$67,072
Laramie, WY$67,072
Rock Island, IL$67,029
Saginaw, MI$67,014
Jacksonville, FL$67,007
Salisbury, NC$66,993
Boise, ID$66,979
Moline, IL$66,943
Fort Myers, FL$66,922
Memphis, TN$66,907
Tulsa, OK$66,871
Waterloo, IA$66,829
Spartanburg, SC$66,757
Lincoln, NE$66,721
Fort Wayne, IN$66,707
Provo, UT$66,700
Cedar Falls, IA$66,614
San Antonio, TX$66,585
Greensboro, NC$66,557
South Bend, IN$66,550
Savannah, GA$66,471
Muskegon, MI$66,442
Birmingham, AL$66,435
Winston Salem, NC$66,400
Lake Charles, LA$66,228
Anderson, IN$66,214
Lexington, KY$66,192
Augusta, GA$66,171
Greenville, SC$66,171
Lima, OH$66,114
Wichita, KS$66,106
Tuscaloosa, AL$66,106
Columbia, SC$66,042
Springfield, OH$66,028
Asheville, NC$65,913
Bloomington, IN$65,863
Knoxville, TN$65,606
Shreveport, LA$65,599
Wilmington, NC$65,506
Roanoke, VA$65,506
Topeka, KS$65,377
Frankfort, KY$65,369
Oklahoma City, OK$65,320
Chillicothe, OH$65,291
Longview, TX$65,284
Melbourne, FL$65,277
Sioux Falls, SD$65,163
Mobile, AL$65,155
Terre Haute, IN$65,127
Altoona, PA$65,084
Amarillo, TX$65,034
Killeen, TX$65,012
Fayetteville, AR$64,955
Chattanooga, TN$64,934
Sioux City, IA$64,869
Idaho Falls, ID$64,855
Lynchburg, VA$64,798
Gainesville, FL$64,705
Portsmouth, OH$64,669
Little Rock, AR$64,655
Lafayette, LA$64,626
Youngstown, OH$64,626
Daytona Beach, FL$64,583
Clarksville, TN$64,576
Pensacola, FL$64,569
Temple, TX$64,564
Hopkinsville, KY$64,355
Erie, PA$64,340
Florence, SC$64,312
Charleston, WV$64,197
Great Falls, MT$64,161
Macon, GA$64,061
Tallahassee, FL$64,054
Fayetteville, NC$64,040
Waco, TX$64,026
Helena, MT$63,976
Pine Bluff, AR$63,948
Vincennes, IN$63,861
Lubbock, TX$63,833
Alamogordo, NM$63,790
Twin Falls, ID$63,725
Rapid City, SD$63,704
Jackson, MS$63,575
Huntington, WV$63,570
Greenville, MS$63,568
Parkersburg, WV$63,495
Montgomery, AL$63,482
Wichita Falls, TX$63,411
Springfield, MO$63,411
Biloxi, MS$63,375
Monroe, LA$63,303
Johnstown, PA$63,253
Sumter, SC$63,225
Columbus, GA$63,218
Pascagoula, MS$63,082
Abilene, TX$63,082
Kingsport, TN$62,896
Albany, GA$62,896
Gulfport, MS$62,874
Alexandria, LA$62,638
Fort Smith, AR$62,460
El Paso, TX$62,267
Las Cruces, NM$61,945
Harlingen, TX$61,763
Pocatello, ID$61,752
Florence, AL$61,659
Brownsville, TX$61,644
Mcallen, TX$61,494
Dothan, AL$61,394
Columbus, MS$60,969
Altus, OK$60,636
Lawton, OK$60,500
Pierre, SD$60,243
What Skills Can Increase a Paymaster's Salary?
Demanded Skills for the Role:
Analysis (Mentioned in 5.15% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Accounts Receivable (Mentioned in 2.4% Job Postings): Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
Internal Control (Mentioned in 1.18% Job Postings): Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
See More Skills
Skills
Demand Percentage
Analysis
5.15%
Accounts Receivable
2.4%
Internal Control
1.18%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay.
Here are examples of skills and the potential impact they can have on a Paymaster's salary.
Leadership: Can increase your salary by up to 5%.
Consulting: Can increase your salary by up to 5%.
Revenue Recognition: Can increase your salary by up to 5%.
Skill
Salary
Salary % Increase
Leadership
$75,080
5%
Consulting
$75,080
5%
Revenue Recognition
$75,080
5%
Internal Control
$74,365
4%
Finance and Accounting
$74,365
4%
Initiative
$74,365
4%
Get Latest Data
Paymaster Salary by Industry: Top Paying Sectors
For Paymaster roles, the industry you choose can affect earning potential
by as much as 65% (the gap between the highest and lowest paying industries).
Data shows that the Biotechnology and Energy & Utilities
sectors offer the strongest compensation, at 25% above the average.
In contrast, Paymaster positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay,
as these industries often view Paymaster as a support function rather than a direct revenue driver.
The top paying industries for a Paymaster
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Biotechnology
$89,381
$43.0
25%
Energy & Utilities
$85,806
$41.0
20%
Internet
$84,376
$41.0
18%
Aerospace & Defense
$78,656
$38.0
10%
Chemicals
$78,656
$38.0
10%
How Education impacts a Paymaster's Salary?
Your level of education can impact your salary potential.
While many Paymasters enter the field with a Associate's Degree degree,
higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data,
the median salary for a Paymaster with a Associate's Degree is between
$70,560
and $74,509).
Paymaster Salaries by Degree Level
Typical Education for Paymaster
No Diploma1.1%
High School5.2%
Associates8.4%
Bachelors61.2%
Masters23.6%
Doctorate0.5%
view as table
Degree Level
% of user with this level of education
No Diploma
1.1%
High School
5.2%
Associates
8.4%
Bachelors
61.2%
Masters
23.6%
Doctorate
0.5%
view as graph
Paymaster Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Paymaster's annual salary breaks down can help with budgeting.
Below, you can see the average hourly rate, weekly pay, and monthly pay for this role.
Use the buttons to switch between different pay periods.
Salaries for a Paymaster can change over time,
reflecting shifts in market demand and the overall economy.
The median salary decreased from $65,924 in 2023
to around $64,525 in 2025,
reflecting changes in demand, location, experience, and the wider economy.
For a detailed analysis of Paymaster salary trends,
.
Average Annual Salary of Paymaster Over Time
2022
$???
2023
$65,924
2024
$65,037
2025
$64,525
2026
$???
2027
$???
Year
Average Annual Salary
2022
View More
2023
$65,924
2024
$65,037
2025
$64,525
2026
View More
2027
View More
Most common benefits for Paymaster
Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
For Employers
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning
Common company salaries for Paymaster
Here are companies hiring for Paymaster and their salaries, click below for more details.
C
$128,509/per year
C R Bard Inc
Biotechnology
the United States
H
$124,697/per year
Henry Schein Canada
Biotechnology
the United States
N
$123,899/per year
Nordex Inc
Biotechnology
the United States
N
$120,416/per year
Nipro Corp
Biotechnology
the United States
E
$115,870/per year
Enovis
Biotechnology
the United States
A
$114,553/per year
Advanced Research Projects Agency - Energy
Biotechnology
the United States
M
$112,110/per year
MiniMed Inc
Biotechnology
the United States
L
$111,500/per year
Labcorp Drug Development
Biotechnology
the United States
L
$110,229/per year
Life Technologies Corp
Biotechnology
the United States
Z
$106,224/per year
Zimmer Biomet
Biotechnology
the United States
P
$103,077/per year
Promontory Therapeutics
Biotechnology
the United States
S
$102,181/per year
Steris PLC
Biotechnology
the United States
G
$97,274/per year
Gavin Conferences Pty Ltd
Biotechnology
the United States
E
$94,764/per year
Endeavor BioMedicines
Biotechnology
the United States
R
$94,402/per year
Replay Holdings LLC
Biotechnology
the United States
P
$94,235/per year
Pleno Inc
Biotechnology
the United States
S
$93,666/per year
Simulaids Inc
Biotechnology
the United States
N
$88,880/per year
NOIRLab/CAS
Biotechnology
the United States
O
$86,468/per year
Onward Technology
Biotechnology
the United States
L
$84,895/per year
LED Medical Diagnostics Inc
Biotechnology
the United States
E
$84,682/per year
Eyeco Ltd
Biotechnology
the United States
P
$84,523/per year
Paerosol
Biotechnology
the United States
I
$83,525/per year
IONIQ Sciences Inc
Biotechnology
the United States
S
$82,815/per year
Stateside PPE
Biotechnology
the United States
D
$82,041/per year
Digi Bio
Biotechnology
the United States
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FAQ about Paymaster
1. What industry pays the highest salary for Paymaster?
The Biotechnology industry offers the highest average compensation for Paymaster roles,
with salaries approximately 25% above the market median.
Where Does Our Salary Data Come From?
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.