- Median annual pay
- $55,290
- Employment
- 161,100
- Ten-year outlook
- -16.7%
- Annual openings
- 13,000
BLS, 2024
U.S., 2024
2024–34
Projected average
The work
Core tasks
- 01Verify attendance, hours worked, and pay adjustments, and post information onto designated records.
- 02Process and issue employee paychecks and statements of earnings and deductions.
- 03Compute wages and deductions, and enter data into computers.
- 04Process paperwork for new employees and enter employee information into the payroll system.
- 05Prepare and balance period-end reports, and reconcile issued payrolls to bank statements.
- 06Review time sheets, work charts, wage computation, and other information to detect and reconcile payroll discrepancies.
- 07Distribute and collect timecards each pay period.
- 08Record employee information, such as exemptions, transfers, and resignations, to maintain and update payroll records.
- 09Issue and record adjustments to pay related to previous errors or retroactive increases.
- 10Keep track of leave time, such as vacation, personal, and sick leave, for employees.
- 11Compile employee time, production, and payroll data from time sheets and other records.
- 12Keep informed about changes in tax and deduction laws that apply to the payroll process.
Capabilities
Essential skills
Reading ComprehensionActive ListeningMathematicsWritingSpeakingCritical ThinkingMonitoringActive LearningLearning StrategiesScience
Employment outlook
Where the role is heading
U.S. employment is projected to move from 161,100 in 2024 to 134,200 in 2034, a -16.7% change.
BLS projects an average of 13,000 openings each year over the period, including openings created by workers leaving the occupation.