Payroll Jobs Overview Payroll vacancies can be categorised based on the level of authority, responsibility and pay ...
Payroll Jobs Overview
Payroll vacancies can be categorised based on the level of authority, responsibility and pay involved, into entry-level clerk or administrator positions and the more senior position of payroll manager or officer. All payroll jobs deal with ensuring an organisation's staff are paid correctly and on time every month. As such, both types of job require a good head for figures, an ability to meet strict deadlines, honesty and discretion in dealing with personal information. Good teamwork skills are also essential, with the more senior positions also needing leadership and coordination qualities.
Payroll Jobs Educational Requirements
A payroll clerk should have experience in office work and proficiency in the use of IT systems. While no formal qualifications are necessary, courses like the IAB Level 1 Award in Bookkeeping can be helpful in securing a position. Apprenticeship schemes may also be available, depending on your area. To work as a payroll manager, extensive payroll experience is necessary, and while again formal qualifications are not always required, completion of courses like the IAB Certificate and Diploma in Payroll or Computerised Payroll offers an edge over the competition.
Payroll Jobs Market
Many smaller companies outsource their payroll functions, and so payroll openings can often be found in agencies dealing with many contracts at a time. Alternatively, larger companies, local authorities, and government agencies are likely to have their own dedicated payroll departments, with sideways career moves into various bookkeeper jobs, accounts assistant jobs, or even financial controller jobs. There is a good supply of candidates for payroll vacancies, and so competition for prime positions can be especially strong, especially for payroll jobs that offer the promise of advancement into other administrative or financial positions.
Payroll Jobs Salary Information
Payroll clerk jobs usually start at a salary of around £14,000 a year, with potential earnings of up to £25,000 with experience and responsibility. The management and supervisory aspects of payroll officer jobs will naturally attract higher earnings, which can be above £40,000 per year, depending on the size of the department.