Payroll administrator salary

Occupational Profile: Payroll Administrator

Payroll administrators play a crucial role in every company's human resources department. Their main task is to manage and prepare employees' salaries. This includes calculating wages, deductions, bonuses, and ensuring that all salary-related information is accurate and up to date. The work requires precision and a good understanding of both payroll systems and the applicable laws regarding labor and taxes.

Salary Statistics for Payroll Administrators

The average salary for a payroll administrator is currently 35 800 SEK, showing an increase from the previous year's 34 300 SEK. Gender pay disparities are also notable, with men earning an average of 37 600 SEK while women earn 35 600 SEK, meaning that women earn 95% of what men do.

Education and Qualifications

To work as a payroll administrator, usually a post-secondary education in payroll administration or finance is required, ranging from vocational college degrees to shorter courses focused specifically on payroll management. Many employers prefer candidates to have knowledge of payroll systems as well as a basic understanding of labor law and collective agreements.

Career Opportunities and Advancement

With additional experience and possibly further education, payroll administrators can advance to higher positions such as payroll manager or HR specialist. It is also possible to specialize in specific areas of payroll management, which can lead to increased demand and higher salaries.

Labor Market and Demand

The demand for qualified payroll administrators is steadily high. As legislation and collective agreements become increasingly complex, the need for competent personnel who can handle these aspects of business operations is growing. It is a professional role that exists in many different types of organizations and industries, contributing to good job opportunities.

Key Traits and Skills

Accuracy and a strong analytical ability are crucial for a payroll administrator. The ability to handle confidential information with high integrity is also important. As laws and agreements are constantly being updated, it is necessary for a payroll administrator to stay continuously informed and be able to adapt to new rules and conditions.

Possible Benefits

Many employers offer benefits relevant to the role of a payroll administrator, such as paid training for professional development. This not only helps keep the staff up to date but also increases their value within the company.