What does a Payroll Manager do?
Payroll managers ensure employees get paid and keep track of relevant information to manage payroll preparation, complete reports, and for record maintenance. They maintain payroll information by designing systems and directing the collection, calculation, and data entry. They update payroll records by reviewing and approving changes in exemptions, insurance coverage, savings deductions, job titles, and department or division transfers. They pay employees by directing the production and issuance of paychecks or electronic transfers to an employee's bank account.
Payroll managers compile summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages into reports. They determine the company’s payroll liabilities by calculating an employee's federal and state income and Social Security taxes alongside the employer's Social Security, unemployment, and worker’s compensation payments. They balance payroll accounts and provide information and answer questions and requests to resolve discrepancies. They study existing and new legislation to ensure the company complies with federal, state, and local legal requirements by studying existing and new legislation and advising the necessary action to management. Payroll managers need a bachelor's degree in finance or accounting.
Payroll Manager Salaries
Average Base Pay
Payroll Manager Insights
“She was determined to help me find something that was a great fit and she exceeded my expectations.”
“I am so lucky to have had the opportunity to work for such a great organization.”
“Started as a fresher.. worked with an excellent team.. great place to start your career.”
“You are asked to just wing it but will not receive pay increase if client does not give you an excellent score.”
“It brought a lot of satisfaction to work with someone and get them credentialed and see them find a great position.”
“I enjoy working at Wesgroup Equipment and have full confidence in the job being done by the leadership group.”
“Good place to learn and develop your career.”
“Nice place to work and learn.”
Payroll Manager Interviews
Payroll Manager jobs
Frequently asked questions about the role and responsibilities of a payroll manager
When working as a payroll manager, the most common skills you will need to perform your job and for career success are Oracle HCM Cloud, Excellent Customer Service, Microsoft Office Suite, Powerpoint and PeopleSoft HCM.
- Benefits Coordinator
- Payroll Specialist
- HR Manager
- Benefits Specialist
The most common qualifications to become a payroll manager is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.