Payroll clerk salary

Introduction to Payroll Clerk

As a payroll clerk, or payroll and HR administrator, you have a central role within the company's finance department. Responsibilities include managing payroll, administering employee benefits, and ensuring compliance with labor laws and collective agreements. The profession requires precision, integrity, and a good understanding of finance and labor law.

Salary for Payroll Clerk

The average salary for a payroll clerk in Sweden is 37 900 SEK per month. An interesting aspect is the gender pay gap; men in the profession earn an average of 39 800 SEK while women earn 37 700 SEK, meaning that women earn 95% of what men do. The average salary has increased from 35 800 SEK to 37 900 SEK since the last measurement, indicating a positive salary trend.

Salary Development

The profession has seen a steady increase in average salary, which may attract more individuals to pursue this career path. This increase could be a result of increased demand for expertise in the field.

Education and Qualifications

To become a payroll clerk, a high school education with a focus on economics or administration is usually required. Many employers also prefer candidates with post-secondary education, such as vocational training in payroll and HR administration. Experience with payroll systems and good knowledge of labor law are also highly beneficial.

Job Market Outlook

According to the forecasts from the Swedish Public Employment Service, the job opportunities for payroll and HR administrators are significant. Over a five-year period, the demand is expected to remain stable. However, there is a paradox in the recruitment situation as there are recruitment challenges and a high proportion of part-time workers or individuals leaving the profession.

Job Opportunities

There are good job opportunities nationally for payroll clerks. This stability makes it an attractive career choice for those seeking a long-term career in administration and finance.

Job Responsibilities

As a payroll clerk, you work to ensure that all employees receive the correct wages on time. This involves handling payroll, calculating taxes and benefits, as well as managing absences and vacations. You may also be responsible for updating personnel records and managing employment contracts. The job requires precision and a structured approach.

Things to Consider

It is important to have a good understanding of the laws and regulations that govern the field. A meticulous and systematic approach is crucial to avoid errors in payroll. Having good IT skills and being familiar with various payroll systems is also an advantage.

Benefits

Benefits may vary depending on the employer, but it is not uncommon for payroll clerks to be offered flexible working hours, the opportunity for remote work, and training to stay updated in the field. Some employers also offer benefits such as a company-paid mobile phone and wellness subsidies.

Conclusion

Being a payroll clerk is a profession with promising future prospects and a stable salary development. With the right education and qualifications, this can be a very rewarding career choice for those interested in administration and finance.