As of August 01, 2026, the average salary for a Payroll Professional in Fishers, IN is $59,671 per year, which breaks down to an hourly rate of $29.
However, a Payroll Professional's salary can vary significantly. Here’s a look at the typical salary range:
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A Payroll Professional'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, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Payroll Professional'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:
| Levels | Salary |
|---|---|
| Payroll C... Level Payroll Professional | $49,352 |
| Payroll C... Level Payroll Professional | $55,352 |
| Payroll P... Level Payroll Professional | $60,863 |
| Payroll T... Level Payroll Professional | $86,431 |
| Payroll S... Level Payroll Professional | $92,760 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 6.06% |
| HRIS | 2.37% |
| Workday | 1.3% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Auditing
|
$69,218 |
16%
|
|
Workday
|
$66,235 |
11%
|
|
Child Support
|
$66,235 |
11%
|
|
Collaboration
|
$65,638 |
10%
|
|
Verbal Communication
|
$65,041 |
9%
|
|
HRIS
|
$63,848 |
7%
|
For Payroll Professional roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Pharmaceuticals sectors offer the strongest compensation, at 50% above the average. In contrast, Payroll Professional positions in Retail & Wholesale or Hospitality & Leisure typically offer lower base pay, as these industries often view Payroll Professional as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $89,507 | $43.0 | 50% |
| Pharmaceuticals | $83,539 | $40.0 | 40% |
| Biotechnology | $77,572 | $37.0 | 30% |
| Aerospace & Defense | $71,605 | $34.0 | 20% |
Understanding how a Payroll Professional'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.
Last Updated on August 01, 2026Ready to take the next step in your career? Browse thousands of current Payroll Professional job openings on our job board. Use the search bar below to find your perfect match.
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