Payroll Specialist (General)
Quick Facts
Median Salary$52,799
Most Common EducationBachelor's degree
Projected 10-Year Growth-14.64%
Assessment MatchTake the Assessment
What They Do
A Payroll Specialist manages the financial and accounting work involved in processing payroll for a company or organization. Manages employee benefits programs and payroll deductions, or assists with evaluating compensation levels for different job categories and titles.
Core Tasks:
- Verify attendance, hours worked, and pay adjustments, and post information onto designated records.
- Process and issue employee paychecks and statements of earnings and deductions.
- Process paperwork for new employees and enter employee information into the payroll system.
- Compute wages and deductions, and enter data into computers.
- Prepare and balance period-end reports, and reconcile issued payrolls to bank statements.
- Review time sheets, work charts, wage computation, and other information to detect and reconcile payroll discrepancies.
- Distribute and collect timecards each pay period.
- Record employee information, such as exemptions, transfers, and resignations, to maintain and update payroll records.
- Issue and record adjustments to pay related to previous errors or retroactive increases.
- Keep track of leave time, such as vacation, personal, and sick leave, for employees.
- Compile employee time, production, and payroll data from time sheets and other records.
- Keep informed about changes in tax and deduction laws that apply to the payroll process.
- Complete time sheets showing employees' arrival and departure times.
- Provide information to employees and managers on payroll matters, tax issues, benefit plans, and collective agreement provisions.
- Conduct verifications of employment.
What to expect as a Payroll Specialist (General)
1Earn a Bachelor's degree
33% of people achieve this level of education.
2Gain skills and experience
See Payroll Specialist (General) related courses on Tallo
3Land a job
1699 openings for Payroll Specialists (General)
Career Progression
in United States (Nation)
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