Payroll Manager

Career Guide
A Payroll Manager is responsible for overseeing the payroll department of an organization, ensuring accurate and timely payroll processing for employees, compliance with payroll regulations, and managing payroll systems and staff.

Key Responsibilities

  • Manage and supervise payroll staff and operations.
  • Ensure compliance with federal, state, and local payroll regulations.
  • Maintain and update payroll records and systems.
  • Resolve payroll discrepancies and respond to employee inquiries.
  • Prepare payroll reports and financial records for management.

Top Skills for Success

Attention to Detail
Knowledge of Payroll Software
Understanding of Payroll Regulations
Leadership and Management

Career Progression

Can Lead To
Senior Payroll Manager
Director of Payroll
Transition Opportunities
HR Manager
Finance Manager

Common Skill Gaps

Often Missing Skills
Advanced Data AnalysisProject Management
Development SuggestionsConsider taking courses in data analysis tools like Excel or Power BI, and project management certifications such as PMP to enhance your capabilities.

Salary & Demand

Median Salary Range
Entry Level$55,000 - $70,000
Mid Level$70,000 - $85,000
Senior Level$85,000 - $110,000
Growth Trend
The demand for Payroll Managers is steady, with growth driven by regulatory changes and the need for accurate payroll systems in organizations.

Companies Hiring

Major Employers
ADPPaychex
Industry Sectors
FinanceHuman Resources

Recommended Next Steps

1
Pursue certification in payroll management, such as CPP (Certified Payroll Professional).
2
Gain experience in different payroll software and systems to increase versatility.

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