Payroll administrator salary

Salary for Payroll Administrators

It is always fascinating to delve into the salary structure for different professions, and when it comes to payroll administrators, there are some interesting numbers to analyze. The average salary for a payroll administrator is currently 37 900 kronor per month. This marks an increase from the previous 35 800 kronor, indicating a positive salary development within the profession.

Gender Pay Gap

Gender pay disparities are still a reality in the labor market, and payroll administrators are no exception. Women earn an average of 37 700 kronor, which is equivalent to 95% of men's average salary of 39 800 kronor. The highest salary for a man in this profession is 44700 kronor, while the highest salary for a woman is 40600 kronor.

Hourly Wage

For those working as hourly payroll administrators, the average wage is 228 kronor per hour. This is calculated based on an average of 166 hours worked per month.

What Does the Work of a Payroll Administrator Entail?

Working as a payroll administrator involves a variety of tasks that are crucial for companies to operate smoothly. Payroll administrators are responsible for ensuring that salaries are paid correctly and on time, handling questions regarding taxes and social security contributions, and ensuring that all employees receive fair compensation for their work. It may also involve managing HR-related issues and reporting to authorities.

Key Skills

• Accuracy and attention to detail
• Good communication skills
• Knowledge of laws and regulations regarding salaries and taxes
• Ability to work with deadlines

Education and Qualifications

To become a payroll administrator, a post-secondary education in economics, payroll, or personnel administration is usually required. Some employers may also require specific certificates in payroll management. Having experience working with different payroll systems and software is considered a significant advantage.

Future Outlook

According to the Swedish Public Employment Service's forecasts, the job prospects for payroll administrators are expected to be good at the national level. Demand is projected to remain unchanged over the next five years. However, there is a paradoxical recruitment situation where it may be challenging to find qualified personnel despite unemployment within the profession.

Working Conditions and Benefits

The working conditions for payroll administrators can vary depending on the employer and sector. Some companies offer the opportunity to work from home and flexible working hours. Other common benefits may include paid training and technical equipment such as mobile phones and computers.

Salary Ranges

• Highest salary for a man: 44700 kr (private sector employee, post-secondary education)
• Highest salary for a woman: 40600 kr
• Lowest salary for a woman: 28200 kr (public sector, data unavailable)
• Lowest salary for a man: 30100 kr

In conclusion, the profession of a payroll administrator offers stable career opportunities and a salary development that reflects the economic market. With a solid educational background and experience, there is potential for advancement in this field, while also providing a work environment where accuracy and structured work methods are of utmost importance.