Payroll clerks process payroll information for employers. This includes calculating wages, paying employees, and preparing reports that show how much money each worker has earned during the year. Payroll clerks are one of the most important roles in any organization.
Speaking to the owner sense, if you do not have a payroll clerk, you will have a lot of work to do to ensure your employees get their checks. If you are interested in becoming a payroll clerk, let’s talk about what is a payroll clerk by going over important attributes of the position.
What Are The Skills Needed For A Payroll Clerk Job?
Payroll clerks need strong math skills because they must calculate salaries based on hourly rates and overtime. They also need good communication skills so they can explain complex concepts to clients. Payroll clerks should be able to work well under pressure and meet tight deadlines.
Payroll clerks typically work from 8 am to 5 pm Monday through Friday. Some companies offer flexible scheduling options, allowing employees to choose their own hours. If you want to become a payroll clerk, you should consider taking classes at a community college or university. You could also take online courses. Online courses are convenient because they allow students to study at their own pace. However, online courses aren’t always free. In addition, some employers prefer hiring people who already have experience working in accounting.
What Are Some Of The Duties And Responsibilities Of A Payroll Clerk?
Payroll clerks typically start out by taking an entry level position at a company where they will learn how to process payroll. As they gain more experience, they may move up into positions with greater responsibility. In some cases, they may even become managers. Payroll clerks usually earn between $10-$15 per hour.
What Are The Education Requirements For A Payroll Clerk?
There are no formal education requirements for a job as a payroll clerk. However, there are certain skills that employers expect from applicants. These include being able to work well under pressure, having good communication skills, and being organized.
What Are The Salary Expectations For A Payroll Clerk Position?
According to the Bureau of Labor Statistics (BLS), the median annual salary for a payroll clerk was $36,000 in May 2018. This figure represents an 11 percent increase since 2010. In addition, the BLS reports that employment opportunities for payroll clerks are expected to grow by 12 percent between now and 2028.
What Are The Career Paths Available For A Payroll Clerk
There are several career paths available for a payroll clerk. These include accounting, bookkeeping, human resource management, and finance. Depending on the type of job, a payroll clerk might need to work with computers, use spreadsheets, or manage data.
Accounting clerks typically handle accounts payable and receivable, while bookkeepers record transactions and prepare financial statements. Human resource managers oversee employee benefits and compensation. Finance clerks process payroll information and keep track of taxes.
Concluding
If any of these points above interest you in a payroll clerk position, there is a demand for it, and you could be the person they need. We highly recommend looking into this type of position because it can open more doors in the future. If you are looking into what is a payroll clerk, we hope this information helps you, and that if you are interested in the career path, we do have roles coming in and out for payroll clerks so please keep an eye out.
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