How much does a Payroll Manager make in Minneapolis, MN?
A Payroll Manager in Minneapolis, MN, earns an average yearly salary of $100,318. This role is crucial for managing employee payments and ensuring compliance with tax laws. The salary range can vary based on experience and company size. For instance, those with less than a year of experience might earn around $45,000, while those with over 10 years can earn upwards of $176,600.
Minneapolis offers a competitive environment for Payroll Managers. The city's strong economy and diverse industries provide numerous job opportunities. Factors such as company size, industry, and specific job responsibilities can influence salary levels. For example, a Payroll Manager in a large corporation may earn more than one in a smaller business. Additionally, those with advanced certifications or specialized skills often see higher pay.
What are the highest paying cities for a Payroll Manager near Minneapolis, MN?

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Bloomington, MN
Average Salary: $105,270
In Bloomington, a thriving hub for businesses, professionals manage payroll with a focus on accuracy and efficiency. Companies like Target and UnitedHealth Group offer dynamic environments for growth. The city's strong economy supports a variety of industries, providing diverse opportunities.
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Minnetonka, MN
Average Salary: $100,850
Minnetonka boasts a business-friendly environment where payroll management is key to company operations. With prominent firms like Cargill and Donaldson Company, professionals enjoy stable and rewarding careers. The city's commitment to quality living enhances work-life balance.
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Saint Paul, MN
Average Salary: $95,412
In Saint Paul, payroll management is crucial for both private and public sectors. Companies like 3M and the State of Minnesota provide excellent opportunities. The city's rich history and vibrant culture create a unique backdrop for a fulfilling career.
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Edina, MN
Average Salary: $92,755
Edina offers a professional environment where payroll management is essential for business success. With companies like Ameriprise Financial and Edina Real Estate, job seekers find stable and growth-oriented positions. The city's excellent schools and amenities make it an attractive place to live and work.
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What are the best paying companies for a Payroll Manager in Minneapolis, MN?

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Robert Half
Average Salary: $121,517
Robert Half, a global leader in staffing, offers Payroll Manager positions with competitive salaries. They provide payroll services to various industries, including finance, IT, and healthcare. Their Minneapolis office supports clients across the Twin Cities and beyond.
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Xcel Energy
Average Salary: $111,434
Xcel Energy, a major utility company, provides rewarding Payroll Manager roles. They focus on energy solutions and serve customers in Minnesota, Colorado, Texas, and the Midwest. Their Minneapolis headquarters is a hub for payroll management and employee services.
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PROCare HR
Average Salary: $52,000
PROCare HR specializes in payroll and human resources services. They offer Payroll Manager positions with a focus on delivering efficient payroll solutions. Their services extend to businesses in Minneapolis and surrounding areas, ensuring smooth payroll operations.
What are the best paying Payroll Manager related jobs in Minneapolis, MN?

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Compensation Manager
Average Salary: $155,046
This role involves overseeing employee pay and benefits. It requires a deep understanding of market trends and company policies. Companies like Target and 3M offer such opportunities.
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Compliance Manager
Average Salary: $131,738
This position ensures that the company adheres to all labor laws and regulations. It involves working closely with legal teams and HR departments. Firms like U.S. Bank and Medtronic have such roles.
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Finance Manager
Average Salary: $127,102
This role manages the financial health of the organization. It involves budgeting, financial reporting, and strategic planning. Companies like Best Buy and General Mills offer these positions.
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Payroll Specialist
Average Salary: $97,601
This role focuses on processing employee paychecks and ensuring accuracy. It requires attention to detail and knowledge of payroll systems. Companies like Xcel Energy and Ameriprise Financial have such roles.
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Budget Analyst
Average Salary: $95,902
This position involves preparing and managing budgets. It requires strong analytical skills and an understanding of financial data. Companies like IBM and UnitedHealth Group offer these opportunities.
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Auditor
Average Salary: $76,191
This role involves reviewing financial records and ensuring compliance with regulations. It requires strong attention to detail and analytical skills. Companies like Deloitte and KPMG have such roles.
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Staff Accountant
Average Salary: $73,882
This position involves preparing financial reports and maintaining financial records. It requires strong mathematical skills and attention to detail. Companies like Ernst & Young and PricewaterhouseCoopers offer these positions.
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Workers Compensation Coordinator
Average Salary: $70,563
This role involves managing workers' compensation claims. It requires strong communication skills and knowledge of insurance policies. Companies like State Farm and Unum Group have such roles.
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Benefits Coordinator
Average Salary: $65,568
This position involves managing employee benefits programs. It requires strong organizational skills and knowledge of benefits laws. Companies like Blue Cross Blue Shield and HealthPartners offer these positions.
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Payroll Coordinator
Average Salary: $61,691
This role involves assisting with payroll processing and ensuring accuracy. It requires strong attention to detail and knowledge of payroll systems. Companies like Target and Best Buy have such roles.
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