Average Payroll Accountant Salary

The average Payroll Accountant salary in UK is £34,564.27
The hourly average pay for a Payroll Accountant salary in UK is £16.62
The starting salary for a junior Payroll Accountant in UK is £15,000.00 per year or £7.21 per hour

View Related Salaries:

What does a Payroll Accountant earn?

Payroll accountants typically earn around £34,600 per year in the UK. They are responsible for managing the payments of employees and providing guidance on relevant legislation such as taxation and payroll deductions. Payroll accountants often work closely with human resources departments to accurately calculate salaries and to ensure staff are adequately compensated. They also stay up-to-date with the changing regulatory landscape to ensure businesses remain compliant.

How to earn more as a Payroll Accountant

To become a Payroll Accountant, you will need a degree in payroll, finance or business, or alternatively you can choose to go down the degree apprenticeship route. To earn more in this role, you could choose to specialise in a specific area, such as compliance, software or payroll management. You could also become self-employed or create your own payroll accounting firm. The most highly paid payroll accountants can make over £58,500 a year.

Average Salary: £34,564.27

Min: £15,000.00 Max: £58,500.00

Average Payroll Accountant Salary in UK : £34,564.27


Read about Payroll Accountant salaries, related jobs and salary information across the UK

Payroll Accountant Salary data from the ONS

Minimum

Median

Maximum

Age Group


Recommended Payroll Accountant Jobs in UK

Loading Jobs...

Salary by Region

Compare Payroll Accountant salaries across different regions

Region Salary
Scotland £37,974.00
Wales £29,654.00
East Midlands £37,417.92
Eastern £26,395.21
London £48,925.78
North East £33,624.94
North West £29,662.20
South East £21,871.80
South West £24,678.57
West Midlands £43,633.31
Yorkshire and the Humber £36,690.00

Annual Job Ads by Region

Understanding the Average Payroll Accountant Salary in the UK

As a Payroll Accountant in the UK, it is important to have a clear understanding of the average salary in this field. According to average Accounting salaries, the average salary for a Payroll Accountant in the UK is £34,600 per year. This figure can vary depending on factors such as experience, qualifications, and location.

Salary Expectations for Newly Qualified Payroll Accountant

If you are a newly qualified Payroll Accountant, you may be wondering what salary you can expect. To get an idea of the current market rates, it is recommended to explore the available opportunities through a job search. This will give you an insight into the salary range for entry-level positions in the UK.

Salaries for Experienced Payroll Accountant

For experienced Payroll Accountants in the UK, the salary range tends to be higher than that of entry-level positions. With a proven track record and extensive knowledge in payroll accounting, you can expect to earn a salary between £15,000 and £58,500 per year. The exact figure will depend on various factors such as the size of the company and your level of expertise.

Creating a Payroll Accountant CV

When applying for a Payroll Accountant position, it is crucial to have a well-crafted CV that highlights your skills and experience in this field. To make the process easier, you can use a CV template specifically designed for Payroll Accountants. This will ensure that your CV stands out and showcases your qualifications effectively.

Career Development Opportunities for Payroll Accountant

As a Payroll Accountant, there are various career development opportunities available to you. Whether you want to specialize in a specific area of payroll accounting or progress into a managerial role, it is important to stay updated with the latest industry trends and advancements. You can find valuable career advice to help you navigate your career path and achieve your professional goals.

Comprehensive Compensation for Payroll Accountant

Aside from the base salary, Payroll Accountants in the UK may also receive comprehensive compensation packages. This can include benefits such as health insurance, pension plans, and bonuses. The specific details of the compensation package will vary depending on the company and your level of experience.

Strategies for Increasing Your Salary as a Payroll Accountant

If you are looking to increase your salary as a Payroll Accountant, there are several strategies you can employ. These include acquiring additional certifications or qualifications, gaining more experience in the field, and taking on additional responsibilities within your role. By continuously improving your skills and demonstrating your value to the company, you can negotiate for a higher salary.

Professional Development and Earnings

Investing in your professional development as a Payroll Accountant can have a direct impact on your earnings. By attending relevant training courses, workshops, and conferences, you can enhance your knowledge and skills, making you more valuable to employers. This can lead to promotions and salary increases as you progress in your career.

Capitalising on Extra Hours and Duties

As a Payroll Accountant, there may be opportunities to earn additional income by taking on extra hours or duties. This can include assisting with special projects, providing training to colleagues, or taking on temporary assignments. By being proactive and willing to go the extra mile, you can increase your earning potential and demonstrate your dedication to your role.

About Check-a-Salary

We believe people should have access to all salary data to help them to make informed life decisions at every juncture in their careers. Whether you are a school leaver, recent graduate, considering changing jobs, moving to a new location, or salary benchmarking you can make better decisions if equipped with our salary insight.