Payroll Practice and Management
Learn the basics of payroll and prepare to take the Fundamental Payroll Certification exam, developed by the American Payroll Association, the most widely recognized payroll organization in the U.S.
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Job Outlook for Payroll Managers
According to employment experts at Robert Half, payroll administrators earn on average $40,250 per year. Payroll managers' and supervisors' pay often exceeds $75,000 per year.
As organizations outsource human resources functions such as payroll processing, payroll managers can expect to encounter opportunities for contract and remote work. A recent Indeed.com search resulted in over 1,000 remote jobs for payroll administration.
As part of the growing human resource (HR) domain, payroll managers are expected to participate in 7% job growth for the HR field, according to the US Bureau of Labor Statistics (BLS).
Payroll Practice and Management FAQs
WHAT DOES PAYROLL PRACTICE AND MANAGEMENT INVOLVE?
Payroll processors make sure employees are paid on time and at the correct rate. They arrange to withhold and process payroll-related taxes and other expenses such as insurance or retirement savings. And they resolve pay issues and inquiries. Payroll managers keep an organization in compliance with federal, state and local tax regulations and ensure that all payroll reporting is timely and accurate.
WHAT SKILLS AND TRAITS ARE REQUIRED FOR PAYROLL PRACTICE AND MANAGEMENT?
Payroll professionals need excellent organizational skills and a commitment to precision. They must be able to work on many tasks simultaneously and handle the pressure of administrating another employee's pay. They must be adept with numbers and technology, as payroll is generally processed using a computer program or online application. They must be scrupulously reliable and trustworthy.
ARE THERE ENTRY-LEVEL PAYROLL PRACTICE AND MANAGEMENT JOBS?
Yes, many organizations hire entry-level employees to track and tabulate hourly pay and overtime, manage enrollments for benefits and handle the bookkeeping procedures required by payroll.
WHAT JOB TITLES ARE ASSOCIATED WITH PAYROLL PRACTICE AND MANAGEMENT?
Payroll-related titles may include payroll clerk, payroll administrator, time and attendance administrator, payroll specialist, payroll accountant, payroll manager, payroll supervisor and many others.
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Continuing Education and Professional Studies
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