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How much does a Payroll Specialist make?

The average salary for a Payroll Specialist is $100,015 per year in the US.

The role of a Payroll Specialist involves a significant amount of responsibility and skill. They ensure employees get paid on time and accurately. This important work comes with a competitive salary. On average, a Payroll Specialist makes about $100,015 a year. This figure can vary based on several factors.

Payroll Specialists can earn more depending on their experience and where they work. Those just starting may make less, while experienced professionals can earn much more. For example, the lowest 10% make about $47,574 a year, and the top 10% can earn over $177,000. This range shows how much potential there is for growth in this career.

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What are the highest paying cities for a Payroll Specialist?

Job seekers looking to become Payroll Specialists can find top opportunities in several cities. San Francisco, CA, leads with the highest average salary, offering $143,650 for these roles. Close behind are San Jose, CA, and Seattle, WA, where professionals can expect to earn around $128,744 and $121,117, respectively. These cities provide competitive salaries and a strong job market for Payroll Specialists. In addition to California cities, Boston, MA, and Dallas, TX, also offer attractive pay packages for these professionals, with average salaries reaching $118,597 and $108,239. Other cities like Denver, CO, and Los Angeles, CA, provide good salary prospects as well.
Graph displaying highest paying cities salaries for Payroll Specialist jobs, highlighting San Francisco, CA with the highest at $143,650 and Minneapolis, MN with the lowest at $97,151.
  1. San Francisco, CA
    Average Salary: $143,650
    Working in San Francisco offers a dynamic environment with many tech companies needing payroll expertise. Giants like Salesforce and Uber pay competitive salaries for specialists in this field. Job seekers benefit from a strong tech presence and a vibrant job market.
    Find Payroll Specialist jobs in San Francisco, CA


  2. San Jose, CA
    Average Salary: $128,744
    San Jose is home to Silicon Valley, where tech companies thrive. This city provides numerous opportunities for payroll specialists, particularly with firms such as Cisco and Adobe. Candidates can look forward to a robust job market with good pay.
    Find Payroll Specialist jobs in San Jose, CA


  3. Seattle, WA
    Average Salary: $121,117
    Seattle boasts a thriving tech scene with companies like Amazon and Microsoft. Payroll specialists here enjoy a mix of modern amenities and a strong job market. The city offers a favorable environment for those in this career.
    Find Payroll Specialist jobs in Seattle, WA


  4. Boston, MA
    Average Salary: $118,597
    Boston offers a rich mix of industries, from finance to healthcare. Companies like Fidelity and Liberty Mutual provide promising roles for payroll professionals. Job seekers find a balanced lifestyle and strong job opportunities here.
    Find Payroll Specialist jobs in Boston, MA


  5. Dallas, TX
    Average Salary: $108,239
    Dallas is a business hub with a growing tech sector. Firms like AT&T and Exxon Mobil need payroll specialists. The city offers a warm, welcoming atmosphere and a solid job market for professionals in this field.
    Find Payroll Specialist jobs in Dallas, TX


  6. Los Angeles, CA
    Average Salary: $107,553
    Los Angeles has a diverse economy with opportunities in entertainment and tech. Companies like Disney and Amazon offer jobs for payroll specialists. The city's lively culture and diverse job market make it an appealing place to work.
    Find Payroll Specialist jobs in Los Angeles, CA


  7. Denver, CO
    Average Salary: $107,034
    Denver combines a strong job market with a high quality of life. Companies such as Charles Schwab and Molson Coors provide good opportunities for payroll specialists. The city’s outdoor lifestyle adds to the appeal.
    Find Payroll Specialist jobs in Denver, CO


  8. Tucson, AZ
    Average Salary: $104,793
    Tucson offers a more relaxed atmosphere with a growing job market. Firms like Raytheon and University of Arizona provide roles for payroll professionals. The city's affordable living and warm climate make it a desirable place to work.
    Find Payroll Specialist jobs in Tucson, AZ


  9. Atlanta, GA
    Average Salary: $98,808
    Atlanta is a key economic center with diverse industries. Companies like Coca-Cola and Delta Air Lines offer many roles for payroll specialists. Job seekers benefit from a growing job market and a vibrant city life.
    Find Payroll Specialist jobs in Atlanta, GA


  10. Minneapolis, MN
    Average Salary: $97,151
    Minneapolis has a mix of big companies and a strong job market. Firms like Target and 3M offer good opportunities for payroll specialists. The city's high quality of life and affordable living make it an attractive place to work.
    Find Payroll Specialist jobs in Minneapolis, MN

What are the best companies a Payroll Specialist can work for?

Job seekers looking for high-paying payroll specialist roles should consider Deloitte, CVS Health, and GEICO. These companies consistently offer above-average salaries to payroll specialists. With Deloitte leading at $168,572 annually, followed by CVS Health at $152,955, and GEICO at $144,351, these firms provide strong financial incentives. Boeing, Amazon Web Services, and Amazon.com also offer competitive salaries, ranging between $142,025 and $127,672 per year. This makes them attractive options for professionals seeking both financial stability and career advancement in payroll.
Graph displaying best paying company salaries for Payroll Specialist jobs, highlighting Deloitte with the highest at $168,572 and Robert Half with the lowest at $91,757.
  1. Deloitte
    Average Salary: $168,572
    Deloitte offers diverse opportunities for Payroll Specialists, focusing on accuracy and efficiency in employee compensation. They operate globally with locations in New York, Chicago, and San Francisco, among others.


  2. CVS Health
    Average Salary: $152,955
    CVS Health provides extensive Payroll Specialist roles, emphasizing precision in handling employee paychecks and benefits. The company has branches nationwide, with major offices in Woonsocket, Rhode Island, and Minneapolis, Minnesota.


  3. GEICO
    Average Salary: $144,351
    GEICO hires Payroll Specialists to manage employee payroll and benefits across its various locations. They focus on providing a seamless payroll experience for their staff. Major offices are in McLean, Virginia, and Chicago, Illinois.


  4. Boeing
    Average Salary: $142,025
    Boeing offers roles for Payroll Specialists who will ensure employees receive their paychecks on time. The company operates in several locations including Seattle, Washington, and St. Louis, Missouri.


  5. Amazon Web Services
    Average Salary: $134,094
    Amazon Web Services values Payroll Specialists for their accuracy in processing employee pay. They have a strong presence in regions like Seattle, Washington, and New York, New York.


  6. Amazon.com
    Average Salary: $127,672
    Amazon.com employs Payroll Specialists who handle employee compensation across its vast network. Key locations include Seattle, Washington, and Austin, Texas.


  7. Huntington Bank
    Average Salary: $105,000
    Huntington Bank provides Payroll Specialist positions focused on ensuring accurate employee payroll. They are headquartered in Columbus, Ohio, and also operate in cities like Cleveland and Cincinnati.


  8. Liberty Mutual Insurance
    Average Salary: $95,444
    Liberty Mutual Insurance offers positions for Payroll Specialists who manage employee pay and benefits. They have significant offices in Boston, Massachusetts, and also in Toronto, Canada.


  9. Robert Half
    Average Salary: $91,757
    Robert Half employs Payroll Specialists who ensure employees receive accurate compensation. They have a widespread presence, with major offices in cities like New York, Chicago, and Los Angeles.

How to earn more as a Payroll Specialist?

A Payroll Specialist manages employee paychecks, taxes, and benefits. This role requires strong attention to detail and an understanding of laws and regulations. Increasing earnings in this field often depends on gaining experience and additional qualifications. Here are five factors that can lead to higher pay for Payroll Specialists.

First, gaining relevant experience can lead to higher salary levels. As specialists gain more experience, they become more valuable to employers. They learn to handle more complex payroll issues and manage larger teams. Second, earning industry-recognized certifications can boost earnings. Certifications such as the Certified Payroll Professional (CPP) show employers that a specialist has a solid understanding of payroll practices. Third, mastering advanced payroll software and systems can also lead to higher pay. Specialists who are skilled in using modern software can streamline payroll processes and reduce errors. Fourth, taking on leadership roles can increase earnings. Managers and directors of payroll departments often earn more than those who work independently. Finally, specializing in high-demand areas such as international payroll or global payroll can also lead to higher salaries.

To earn more as a Payroll Specialist, consider the following factors:

  1. Gain more experience in payroll management.
  2. Earn industry-recognized certifications.
  3. Master advanced payroll software and systems.
  4. Take on leadership roles within the payroll department.
  5. Specialize in high-demand areas of payroll.

Currently 389 Payroll Specialist job openings, nationwide.

How's the job market for a Payroll Specialist in the US?

Learn what a Payroll Specialist does, how to become one, and understand the job outlook. Get simple steps to start your career as a Payroll Specialist today.
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Payroll Specialist
389 Job Openings