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how much does a payroll specialist make at paychex

by Rusty Leuschke Published 2 years ago Updated 2 years ago
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How much does a Paychex Payroll Specialist make? As of Aug 20, 2022, the average annual pay for a Paychex Payroll Specialist in the United States is $52,125 a year. Just in case you need a simple salary calculator, that works out to be approximately $25.06 an hour. This is the equivalent of $1,002/week or $4,343/month.

Full Answer

How much does a payroll specialist make a year?

The base salary for Payroll Specialist ranges from $46,074 to $58,754 with the average base salary of $51,851. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,922 to $60,061 with the average total cash compensation of $52,747.

How much do Paychex sales jobs pay?

Average Paychex, Inc. hourly pay ranges from approximately $11.38 per hour for Sales Associate to $32.98 per hour for Consultant. Salary information comes from 3,732 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

What does a payroll specialist do at Wesley?

The Payroll Specialist is responsible for processing payroll for all Wesley companies. This involves compiling payroll data, processing and transmitting it electronically to the payroll system on a ... What does a Payroll Specialist do? Balance & transmit weekly payrolls, process short term disability and bonus payments.

How much should I be paid as a cash employee?

The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,922 to $60,061 with the average total cash compensation of $52,747. How much should you be paid? For a real-time salary target, tell us more about your role in the four categories below.

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Is Paychex a good company to work for?

Is Paychex a good company to work for? Paychex has an overall rating of 3.8 Average Rating out of 5, based on over 71 Paychex Review Ratings left anonymously by Paychex employees, which is 3% lower than the average rating for all companies on CareerBliss. 92% of employees would recommend working at Paychex.

What do you do as a payroll specialist?

Payroll Specialist Roles & ResponsibilitiesMaintain database of personnel information and accurate payroll records.Conduct regularly scheduled audits of payroll records to ensure continued accuracy.Prepare paychecks to ensure that employees are paid on time and in the correct amount.More items...

What is payroll experience?

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.

What does the payroll manager do?

Implements, maintains, and reviews payroll processing systems to ensure timely and accurate processing of payroll transactions including salaries, benefits, garnishments, taxes, and other deductions. Ensures accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates.

Is it hard to be a payroll specialist?

While every position comes with its pros and cons, being a payroll specialist can be a challenging role due to the complexity of the role and the short turnaround time for payroll. A payroll specialist keeps track of the time people spend working and makes sure they're paid the right amount for those hours.

Is a payroll specialist higher than a payroll administrator?

The difference between a payroll specialist and a payroll administrator has to do with the scope of their role. A payroll administrator, for instance, is responsible for overseeing the entire payroll of a company, while a payroll specialist is only responsible for the department in which she works.

How can I be a good payroll specialist?

Payroll Specialist skills and qualificationsExcellent attention to detail.Exceptional mathematical and calculation skills.Verbal and written communication.Ability to work with a team.Knowledge of different types of payroll software.Knowledge of payroll, garnishments and benefits distribution.Multitasking abilities.More items...

What makes a great payroll specialist?

Payroll specialists must be able to interact with clients, HR staff and other employees with courtesy, patience and understanding, and be ready to address questions on a range of related topics. Payroll employees work on strict deadlines to ensure wages are issued accurately and on time.

What is the difference between payroll clerk and payroll specialist?

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.

Should payroll be HR or finance?

You want accounting people doing the accounting, finance people to do finance, and human resources to take care of HR. This heavily suggests that the payroll processing function should be in finance, but most of its input data needs to come from human resources and workforce timekeeping.

Do you need qualifications for payroll?

Some employers will expect you to have GCSEs at grades 9 to 4 (A* to C), or equivalent, including maths. While experience in payroll isn't always essential, a background in bookkeeping and accounts could help improve your job prospects.

How do I start a career in payroll?

How to become a payroll specialistGet your education. Payroll specialists must have a minimum of a high school diploma or General Education Development (GED) certificate. ... Gain relevant work experience. Many payroll specialists earn their positions through promotions from a role as a payroll clerk. ... Get certifications.

What skills do you need to be a payroll specialist?

Payroll Specialist skills and qualificationsExcellent attention to detail.Exceptional mathematical and calculation skills.Verbal and written communication.Ability to work with a team.Knowledge of different types of payroll software.Knowledge of payroll, garnishments and benefits distribution.Multitasking abilities.More items...

What makes a great payroll specialist?

Payroll specialists must be able to interact with clients, HR staff and other employees with courtesy, patience and understanding, and be ready to address questions on a range of related topics. Payroll employees work on strict deadlines to ensure wages are issued accurately and on time.

Is payroll a stressful job?

Yes, payroll is a stressful job. Payroll processing involves your fellow employees' cash flow, and that seriousness alone can create anxiety. All of the work required to stay on top of a complex function like payroll can add to the stress. Not to mention, learning how to use a payroll system can be very daunting.

How do I prepare for a payroll specialist interview?

Payroll interview questions: InformationalTell me about yourself.Why did you choose payroll as a career?What is your experience with processing paychecks?Which payroll laws are you familiar with?What is your experience working with a related department like human resources or finance?More items...•

Do people feel that they are paid fairly for their work at Paychex, Inc.?

Indeed’s Work Happiness survey asked over 730 current and former employees whether they feel they are paid fairly for their work. Of the respondent...

Do you receive overtime pay for your role at Paychex, Inc.?

Indeed’s survey asked over 57 current and former employees what the overtime policy was for their role at Paychex, Inc.. The most popular answer wa...

How often do you get pay raises at Paychex, Inc.?

Indeed’s survey asked over 75 current and former employees how often they received pay raises when they worked at Paychex, Inc.. Most respondents s...

Do you get paid sick days at Paychex, Inc.?

Indeed’s survey asked over 600 current and former employees how many paid sick days they received for their role. Respondents said they received ....

What kind of flexibility benefits can you get at Paychex, Inc.?

To find out what kind of flexibility benefits Paychex, Inc. offers, Indeed’s Work Happiness survey asked over 103 current and former employees. Res...

Do you get paid time off at Paychex, Inc.?

Indeed’s survey asked over 600 current and former employees how many paid vacation days they received for their role. Respondents said they receive...

How much vacation and PTO did you get at Paychex, Inc.?

We asked over 600 current and former employees how many paid vacation days they received for their role. Respondents said they received 10-20 days....

How much does a Paychex payroll specialist make?

The average pay range for a Paychex Payroll Specialist varies greatly (by as much as $15,000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.

What are some examples of Paychex jobs?

Top examples of these roles include: Payroll Director, Senior Payroll Manager, and International Payroll Manager.

Good company, poor management

Management never really seems to be on the same page. Pay is ok for the market. Workload is INSANE. Too many clients for one region, especially if you’re in the Tampa area.

Pay is meh, but people are great

Not the best training in mind after COVID. People are great. Learning is difficult in WFH environment. Better pay for workload. Need to slow down on training

Good...at first

If you start as a payroll rep, it will be like a call center environment. As someone who hates talking on the phone, it wasn't too awful. You of course had clients that were really rude and you will get cursed out one day. Whether your fault or not. I enjoyed it at the beginning! Most managers are good and want you to succeed.

How much should you be earning?

Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.

How much does a Payroll Specialist make at Paychex, Inc. in the United States?

Average Paychex, Inc. Payroll Specialist yearly pay in the United States is approximately $37,685, which is 24% below the national average.

How much does Paychex pay?

The average Paychex, Inc. salary ranges from approximately $31,200 per year for Service Technician II to $122,607 per year for Senior Manager. Average Paychex, Inc. hourly pay ranges from approximately $10.45 per hour for Specialist to $75.00 per hour for Model.

How much should you be earning?

Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.

How Much Does Paychex Pay?

As an employee at Paychex in the USA, you can expect to earn an average salary of $45,836 per year, or $22.04 an hour. Those in the bottom 10 percent make under $27,000 a year, and the top 10 percent make over $76,000. Show More

Highest Paying Jobs At Paychex

While Paychex employees earn an average yearly salary of $45,836, different roles can command different wages. Some of the job titles with high salaries at Paychex are Developer, Middleware Engineer, Information Technology Analyst, and Database Administrator. A typical Developer salary at Paychex is $96,018 per year.

Average Paychex Salaries By Locations

When choosing a place to work, it's important to factor in the cost of living when negotiating a salary. At Paychex, the employees are paid different salaries depending on their location. The city with the highest average salary is Piscataway, NJ, where employees earn an average salary of $53,061.

Average Paychex Salaries By Department

The salaries that employees earn in Paychex can be influenced by the department or organization function that they work in. Based on our analysis, the employees in Engineering earn salaries at Paychex that are well above average, with yearly earnings averaging $84,965.

Highest Paying Paychex Competitor Salaries

Based on our research, similar companies to Paychex are Workday, Morgan Stanley, and Intuit. Employees at Workday earn more than most of the competition, with an average yearly salary of $113,423. The employees at Morgan Stanley earn an average yearly salary of $105,676 per year, and the salaries at Intuit average $95,806 per year.

Does Paychex have health insurance?

Paychex, Inc. workers are provided with perks. Like Paychex, Inc. employees, numerous workers in the United States enroll in group health insurance funded by their employer, through which employers typically cover a large …Read more. Health & Insurance Benefits.

Does Paychex offer health benefits?

Paychex, Inc. offers perks for their employees. Like Paychex, Inc. , numerous American companies finance group health benefits for their employees, through which employers typically foot the bill for a large proportion of their …Read more

What is the average salary for Paychex employees?

Paychex employees earn $47,000 annually on average, or $23 per hour, which is 34% lower than the national salary average of $66,000 per year. According to our data, the highest paying job at Paychex is an Independent Contractor at $181,000 annually while the lowest paying job at Paychex is a Claims Adjuster at $18,000 annually.

Find Paychex Salaries by Job Title

960 Paychex employees have shared their salaries on CareerBliss. Select your job title and find out how much you could make at Paychex.

What is the highest paying job at Paychex?

VP of Technology is the highest paying job at Paychex at $140,000 annually.

How much does a payroll specialist make?

How much does a Payroll Specialist make in the United States? The average Payroll Specialist salary in the United States is $49,078 as of October 29, 2021, but the salary range typically falls between $43,746 and $55,419. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

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1.Paychex Payroll Specialist Salaries | Glassdoor

Url:https://www.glassdoor.com/Salary/Paychex-Payroll-Specialist-Salaries-E1762_D_KO8,26.htm

10 hours ago  · How much does a Payroll Specialist at Paychex make? The typical Paychex Payroll Specialist salary is $37,557 per year. Payroll Specialist salaries at Paychex can range from $27,536 - $65,267 per year.

2.Paychex Payroll Specialist Annual Salary ($52,060 Avg

Url:https://www.ziprecruiter.com/Salaries/Paychex-Payroll-Specialist-Salary

3 hours ago 5 rows · The average pay range for a Paychex Payroll Specialist varies little (about $12,000), which ...

3.Paychex, Inc. Payroll Specialist Salaries in the United …

Url:https://www.indeed.com/cmp/Paychex,-Inc./salaries/Payroll-Specialist

30 hours ago Average Paychex, Inc. Payroll Specialist yearly pay in the United States is approximately $37,685, which is 25% below the national average. Salary information comes from 33 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

4.Paychex Payroll Specialist Salaries | Glassdoor

Url:https://www.glassdoor.com/Hourly-Pay/Paychex-Payroll-Specialist-Hourly-Pay-E1762_D_KO8,26.htm

17 hours ago  · The typical Paychex Payroll Specialist salary is $18 per hour. Payroll Specialist salaries at Paychex can range from $13 - $32 per hour. This estimate is based upon 267 Paychex Payroll Specialist salary report (s) provided by employees or estimated based upon statistical methods. When factoring in bonuses and additional compensation, a Payroll Specialist at …

5.Paychex, Inc. salaries: How much does Paychex, Inc. pay?

Url:https://www.indeed.com/cmp/Paychex,-Inc./salaries

4 hours ago Average Paychex, Inc. hourly pay ranges from approximately $11.18 per hour for Fulfillment Associate to $34.65 per hour for Receptionist/Administrative Assistant. Salary information comes from 3,707 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

6.Work From Home Paychex Payroll Specialist Salary

Url:https://www.ziprecruiter.com/Salaries/Work-From-Home-Paychex-Payroll-Specialist-Salary

3 hours ago As of Aug 8, 2022, the average annual pay for a Work From Home Paychex Payroll Specialist in the United States is $57,025 a year. Just in case you need a simple salary calculator, that works out to be approximately $27.42 an hour. This is the equivalent of $1,096/week or $4,752/month.

7.Average Paychex Salary: By Location, Job Title, and …

Url:https://www.zippia.com/paychex-careers-8858/salary/

32 hours ago  · Paychex pays $53,609 on average per year, or $25.77 an hour in the United States. Paychex pays those in the bottom 10 percent $31,000 a year, and the top 10 percent over $90,000. The department you work in can have an impact on your salary as well. For employees in the engineering department, the average yearly salary is $94,801, and employees in the …

8.Average Paychex, Inc. Salary | PayScale

Url:https://www.payscale.com/research/US/Employer=Paychex%2C_Inc./Salary

1 hours ago The average salary for Paychex, Inc. employees is $71,084 per year. Visit PayScale to research Paychex, Inc. salaries, bonuses, reviews, benefits, and more! Products

9.Paychex Salaries | How Much Does Paychex Pay in the …

Url:https://www.careerbliss.com/paychex/salaries/

22 hours ago  · $38K Payroll Specialist Average Salary at Paychex in the United States (80 salaries) Equal to national average Payroll Specialist salary ( $38K ) -$9K (21%) less than average Paychex salary ( $47K )

10.Payroll Specialist Salary | Salary.com

Url:https://www.salary.com/research/salary/listing/payroll-specialist-salary

33 hours ago These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Payroll Specialist in the United States. The base salary for Payroll Specialist ranges from $46,074 to $58,754 with the average base salary of $51,851. The total cash compensation, which includes base, and annual incentives, can vary anywhere from …

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