What Is The Difference Between Payroll Specialist And Payroll Administrator?

How much does a payroll administrator earn?

Payroll Administrator SalariesJob TitleSalaryUPS Payroll Administrator salaries – 3 salaries reported$19/hrPepsiCo Payroll Administrator salaries – 3 salaries reported$52,943/yrThe Coca-Cola Company Payroll Administrator salaries – 3 salaries reported$18/hr17 more rows.

What makes a good payroll administrator?

Strong maths and numeracy skills So, a high level of numeracy and an aptitude for maths and accountancy are important traits for all payroll staff, who will need to deliver accurate net-pay to employees, make statutory deductions, and submit accurate tax reports to government revenue authorities like HMRC.

What is the role of payroll administrator?

A payroll administrator’s job duties generally involve issuing and distributing paychecks, managing direct deposits, benefits withholding, payroll deductions, garnishments and levies, flexible spending accounts, federal and state payroll tax deposits and returns, new hire reports, federal payroll summaries, W-2s, wage …

Do you have to be good at math to do payroll?

They need to analyze information to identify discrepancies in accounting reports, and they need to make sure they are correctly calculating payments due and employee withholdings. Math skills are unequivocally necessary, and if you don’t like numbers and figures, working as a payroll clerk is not a good fit for you.

How much do payroll employees make?

Job openings for Payroll OfficerCityAverage salaryPayroll Officer in Sydney NSW 161 salaries$75,268 per yearPayroll Officer in Melbourne VIC 117 salaries$75,207 per yearPayroll Officer in Brisbane QLD 26 salaries$66,432 per yearPayroll Officer in Perth WA 26 salaries$65,969 per year1 more row•Sep 29, 2020

How much does a payroll administrator earn in South Africa?

An early career Payroll Administrator with 1-4 years of experience earns an average total compensation of R168,735 based on 122 salaries. A mid-career Payroll Administrator with 5-9 years of experience earns an average total compensation of R218,678 based on 105 salaries.

Is payroll a good career choice?

A career as a payroll specialist can be a very rewarding job, offering opportunities for advancement and branching out into new areas of expertise. If you have the skills listed above, being a payroll specialist could be a great way to kick-start your future!

Is payroll a stressful job?

Payroll deadlines can cause stress levels to rise and if a problem occurs and payments are incorrect, then the midnight oil starts to burn. Payroll is a critical function, getting it out, correctly and on time can make or break a business. … The stress can be unbearable!

How do you become a certified payroll specialist?

RequirementsPass the three-part Uniform Certified Payroll Specialist Examination,Possess an associate or bachelor’s degree in accounting or complete the Education Alternative,Possess one-year (2,000 hours) of bookkeeping, accounting, or payroll experience,Agree to abide by the Code of Professional Conduct,More items…

What should I study for a payroll job?

Many payroll administrator positions require a bachelor’s degree. Studies in human resources management, accounting or business administration can prepare aspiring payroll professionals to work in the field.

What is Payroll Administration?

A payroll administrator is the person who is responsible for ensuring that all employees within an organization are paid in an accurate and timely fashion. This is a position which will generally work in an indoor office environment. … Process payroll, including updating employee numbers, hours, garnishments, etc.

What is the title of someone who does payroll?

Payroll clerks are the workers most directly responsible for doing payroll. They collect employee work times, verify records and attendance and calculate wages, taxes and adjustments. … In large companies, they may specialize in particular payroll functions, such as timekeeping.

What should a payroll specialist know?

Here are seven key features to look for when hiring a payroll specialist.Payroll certifications. … Payroll software experience. … Other software skills. … Understanding of compliance. … Attention to detail. … Customer service abilities. … Analysis and data skills.

What is the difference between payroll administrator and payroll coordinator?

The payroll administrator is responsible for overseeing the entire payroll of a company, while the coordinator is only responsible for the department in which she works. The coordinator works with other payroll department employees to ensure timely entries of payroll time sheets and employee hours.

What is the role of a payroll specialist?

A payroll specialist is primarily responsible for processing payroll and maintaining the employee database regarding salary and pay. Other duties include managing the company budget and expense as well as cooperating with different departments to increase payroll service performance and improve upon the payroll system.

What skills do you need for payroll?

Payroll Administrators will need to demonstrate the following skills:Excellent numeracy and literacy skills.Good timekeeping and an ability to meet strict deadlines.Organised, logical and methodical approach.Ability to remain calm under pressure.Flexibility. … A keen eye for detail and accuracy.More items…•

Is payroll an HR or accounting function?

As the information being processed by payroll is of a confidential nature, this also suits payroll’s positioning within the HR department. … Running payroll involves accounting functions and requires accounting knowledge, such as posting to the general ledger.

What is the best software for payroll?

The Details on the Best Payroll Softwares for Small BusinessGusto Payroll. Our pick for the best payroll that offers up the fullest package—for the most reasonable price—is Gusto. … QuickBooks Payroll. … Patriot Payroll. … Payroll4Free. … ADP Payroll. … OnPay Payroll. … Paychex. … Square Payroll.More items…•

What is a certified payroll specialist?

The Certified Payroll Specialist (C.P.S) trade mark provides the payroll industry with a benchmark for certification. The C.P.S certificate aims to be the benchmark for payroll proficiency. … The examination tests all facets of payroll knowledge and is divided into the following 5 sections: General payroll knowledge 10%