Payroll Accountant job description Ready to Use sample Workable


In this guide, we’ve put together a high-level view of the main contributing elements of salary. Read on to see how much a CPA license can increase your earning potential. Looking ahead, the rise of blockchains, artificial intelligence, and an increased reliance on technology has led to automation of many tasks traditionally undertaken by accountants. Workers with skills that complement these tasks will be more productive and demand higher wages. Full-time workers in Ireland on average make €3,683 a month, equating to €44,202 a year (pre-tax). We surveyed our global database to gather insights from the perspective of both professionals and hiring managers.

What is the lowest pay for Payroll Accountants?

Our data indicates that the lowest pay for a Payroll Accountant is $44k / year

Many of the world’s most respected brands rely on Deloitte for industry-leading audit, consulting, tax, and advisory services. A degree in accounting allows you to enter the profession immediately in a variety of fields and earn a competitive salary as an accountant. But did you know that obtaining your CPA license can open doors to more promotions, managerial opportunities, and a higher CPA salary? On average, CPAs earn 10-15% more than their uncertified counterparts. For an accounting professional, having a CPA license offers numerous benefits. An improved income is one of the most appealing benefits of this license. According to the Bureau of Labor Statistics , an accountant’s salary on average can be more than $70,000, but an average CPA salary ranges between $119,000 and $150,000, depending on the candidate’s level of experience.

Annual Increment Rate By Industry 2022

When applying for a new Payroll Accountant Salary Guide , 45% of professionals in Ireland would prefer to go into the office 1 or 2 days per week. Built In Colorado is the online community for Colorado startups and tech companies. Strong salaries and bonuses are a must – and firms are finding new ways to share them out.

  • Becoming a CPA involves a level of concentration and work ethic that permanently sets accountants apart from their peers.
  • Also, Accounting and Finance salaries are 3% more than those of All Jobs.
  • Both public and private accountants are well-compensated, and the Department of Labor projects job growth in both fields to be steady (~4% through 2029).
  • When working in private industry , there are dozens of different positions available to you.
  • In 2020 there were more than 1.3 million accountants working in the United States, mostly based in urban areas and near regional hubs of commerce and industry.

4-6 years – Most have chosen their career path by this point, and your job title will probably soon reflect your specialty. The average salary for Accountant is 30% less than that of Accounting and Finance. Also, Accounting and Finance salaries are 3% more than those of All Jobs. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy.

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Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. Accountant in Netherlands are likely to observe a salary increase of approximately 12% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months. Displayed below is the average salary difference between different Accountant who have the same experience but different education levels. This is the average monthly salary including housing, transport, and other benefits. Accountant salaries vary drastically based on experience, skills, gender, or location.


Payroll accountants often prepare for their careers by earning bachelor’s degrees in accounting. However, many prefer to enter the workforce with four-year degrees and gain on-the-job experience. Notably, these figures do not account for bonuses and other forms of compensation. According to Payscale, these additional income sources can add about $2,500-$12,000 per year to a payroll accountant’s earnings.

How do education levels affect salaries?

Failure to provide this consent means we are unable to provide services to you. They will then either give a range or provide more details about the position and then ask the question again, at which point you can make a more informed call. Simply type in the job title you wish to search and select the most relevant options from each dropdown. Once you click the button to compare, you will be able to easily benchmark salaries.

What is the lowest salary for a Payroll Accountant in United States?

The lowest salary for a Payroll Accountant in United States is $40,901 per year.

Larger firms tend to offer some benefits (e.g., gyms, cafeterias, and daycare) that smaller firms can’t reasonably fit into their budgets. Revenue GeneratorsSupporting CastEmployees that are directly involved in generating revenue or profit for the organization. 48% of surveyed staff reported that they haven’t received any bonuses or incentives in the previous year while 52% said that they received at least one form of monetary bonus. If you can afford the costs of higher education, the return on investment is definitely worth it. A Master’s degree program or any post-graduate program in Netherlands costs anywhere from 24,400 Euro to 73,300 Euro and lasts approximately two years. While someone with a Certificate or Diploma gets a salary of 3,040 EUR per month, 13% more than someone having a High School degree. Additionally, Accountant whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,350 EUR per month, 18% more than someone with five to ten years of experience.

Types of Bonuses Considered

These charts show the average base salary , as well as the average total cash compensation for the job of Payroll Accountant in the United States. The base salary for Payroll Accountant ranges from $62,030 to $77,115 with the average base salary of $68,948. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,662 to $80,762 with the average total cash compensation of $71,283. Certified public accountant licensure is not required to work as a payroll accountant. Earning an endorsement from the American Payroll Association as a certified payroll professional is another option.

  • Salaries for other major U.S. cities outside of the Midwest and Southeast locations can be calculated with the information found in each guide’s Appendix.
  • Accountants’ and auditors’ employment is expected to expand by 11% between 2023 and 2024, demonstrating how in-demand accountants are across all work professions.
  • Successful individuals in the accounting and finance field are equipped with outstanding communication and presentation skills.
  • Salaries can be higher than average in industries experiencing a lot of growth, like financial technology or software.
  • When it comes to accountants’ and auditors’ annual compensation, not all positions pay the same.
  • At the same time, there exist some larger, more complex firms that pay their entry-level CPAs more than smaller firms pay junior CPAs.

When working in private industry , there are dozens of different positions available to you. Presently, an entry-level public accountant can expect to make about $57,750, per year. There are a few more factors to consider when determining or projecting a CPA salary. Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.

Using ERI’s robust database, you can accurately price jobs based on industry-specific shift differential policies. ERI compiles shift differential pay data based on salary survey data to help users find reliable compensation information. Utilize ERI’s signature shift differential data to calculate pay and benchmark compensation with confidence.






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