What Is The Job Description Of A Payroll Clerk?

How much should a payroll clerk make?

An entry-level Payroll Clerk with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $15.01 based on 127 salaries.

An early career Payroll Clerk with 1-4 years of experience earns an average total compensation of $15.80 based on 844 salaries..

Who is responsible for preparing payroll?

Payroll Clerks are responsible for all tasks relating to payroll processing such as collecting employees’ timesheets and payroll data, calculating wages, issuing statements, detailing earnings, and preparing paychecks.

Does HR handle payroll?

Payroll functions are covered by either the finance department or human resources department in most organizations. … At the same time, payroll is also considered a function of HR because it pays and deals with people.

How do I learn to do payroll?

How to learn payroll basicsSchedule a one-on-one with your accountants. … Check out the resources offered by your payroll software provider. … Consult the IRS website. … Check out resources from your state. … Find a trusted business mentor in your field. … Take a class.

What is the difference between a payroll clerk and payroll administrator?

In some companies, payroll clerks are called payroll specialists. Payroll coordinators/administrators are responsible for keeping the payroll unit efficient. They oversee the payroll clerk’s work, or process payroll if the company does not have payroll clerks/specialists.

What are payroll duties?

Payroll Clerk Job Duties: Maintains payroll information by collecting, calculating, and entering data. Updates payroll records by entering changes in exemptions, insurance coverage, savings deductions, and job title and department/division transfers.

What skills are needed for a payroll clerk?

Payroll clerks must have excellent verbal and written communication skills so they can communicate internally with employees to discuss and resolve payroll issues and concerns. Data entry skills: Data entry skills involve a combination of technical computer skills with strong attention to detail and accuracy.

What skills do you need to do payroll?

Here are six skills that many employers look for when hiring leaders for their payroll functions:Payroll systems experience. … Other technical expertise. … Business acumen. … Compliance knowledge. … Leadership qualities. … Excellent soft skills.

Is payroll part of accounting?

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. It also requires a detailed understanding of tax law.