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This bar graph shows the annual salary for Payroll Managers.
Data sourced from O*NET Online, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
This line chart shows the projected job growth over 10 years for Payroll Managers.
Projected Growth Rate in Job Openings by 2031: 4%
Data sourced from CareerOneStop, provided by the U.S. Department of Labor.
Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
Oversee the flow of cash or financial instruments.
Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
Becoming a Payroll Manager is a career path that requires a blend of education, experience, and skills in finance, accounting, and human resources. If you're aiming to oversee the payroll functions within an organization, here are the steps you can follow to achieve your goal:
By following these steps and continually striving to improve your knowledge and skills, you can position yourself as a strong candidate for a Payroll Manager role within an organization. Remember that this career path is both challenging and rewarding, with the opportunity to play a crucial role in ensuring employees are compensated correctly and on time.
To become a Payroll Manager, typically you'll need:
Prior experience is crucial for a Payroll Manager position. You should have:
Yes, certifications can bolster your credentials. Consider obtaining:
A successful Payroll Manager will need a mix of technical and soft skills:
Career advancement for Payroll Managers can include:
Absolutely. A Payroll Manager must be adept with technology, including:
To stay informed about the latest in payroll regulations:
Payroll Managers are needed across various industries, but demand is particularly high in:
Remember, every organization with employees likely needs someone to manage their payroll, so opportunities can be found nearly anywhere.