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What does a Payroll Coordinator earn?
Payroll Coordinators tend to have an average salary of around £33,200 in the UK. As part of the human resources (HR) team they are responsible for making sure staff receive the correct pay at the correct time. This involves helping with payroll processing and conducting investigations into payroll queries. A Payroll Coordinator may also assist with conducting reviews of existing payroll procedures to ensure accuracy and compliance with global standards.
How to earn more as a Payroll Coordinator
To become a Payroll Coordinator, you will need to have a degree in payroll and human resource management or equivalent work experience in a similar role. You could become certified in payroll administration to boost your chances of promotion within the field. To earn higher wages, you could move into a specialised area such as employee benefits, or become a manager within an HR business. You could also become self-employed or set up your own payroll office. Experienced payroll coordinators can earn over £55,000 a year.
Min: £15,000.00 Max: £55,001.00
Average Payroll Coordinator Salary in UK : £33,180.25
Read about Payroll Coordinator salaries, related jobs and salary information across the UK
Payroll Coordinator Salary data from the ONS
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Salary by Region
Compare Payroll Coordinator salaries across different regions
Region | Salary |
---|---|
Scotland | £24,973.68 |
Wales | £29,340.00 |
East Midlands | £29,295.11 |
Eastern | £27,753.35 |
London | £43,838.34 |
North East | £24,066.85 |
North West | £24,002.71 |
South East | £32,950.15 |
South West | £22,417.98 |
West Midlands | £30,660.57 |
Yorkshire and the Humber | £24,567.11 |
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Understanding the Average Payroll Coordinator Salary in the UK
As a Payroll Coordinator 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 Coordinator in the UK is £33,200 per year. This figure can vary depending on factors such as location, experience, and the size of the company.
Salary Expectations for Newly Qualified Payroll Coordinator
If you are a newly qualified Payroll Coordinator, it is essential to have realistic salary expectations. Entry-level positions in this field typically offer a salary range of £15,000 to £55,000 per year. To explore job opportunities for newly qualified Payroll Coordinators in the UK, you can visit the job search section.
Salaries for Experienced Payroll Coordinator
Experienced Payroll Coordinators in the UK can expect higher salaries compared to their entry-level counterparts. With a few years of experience under your belt, you can earn a salary ranging from £15,000 to £55,000 per year. The exact figure will depend on factors such as your level of expertise, the industry you work in, and the size of the company.
Creating a Payroll Coordinator CV
When applying for a Payroll Coordinator position, having a well-crafted CV is crucial. To help you create an impressive CV, you can use the CV template specifically designed for Payroll Coordinators. This template will guide you in highlighting your skills, experience, and qualifications in a professional and concise manner.
Career Development Opportunities for Payroll Coordinator
As a Payroll Coordinator, there are various career development opportunities available to you. Whether you want to specialize in a specific area of payroll management or progress to a higher-level position, it is important to stay updated with the latest industry trends and advancements. For valuable career advice and guidance, you can refer to the career advice section.
Comprehensive Compensation for Payroll Coordinator
Being a Payroll Coordinator involves more than just a salary. In addition to your base pay, you may also receive comprehensive compensation packages that include benefits such as health insurance, retirement plans, and paid time off. These additional perks contribute to your overall financial well-being and job satisfaction.
Strategies for Increasing Your Salary as a Payroll Coordinator
If you aspire to increase your salary as a Payroll Coordinator, there are several strategies you can employ. These include continuously improving your skills and knowledge, taking on additional responsibilities, and seeking opportunities for professional development. By demonstrating your value and expertise, you can negotiate for higher pay and better benefits.
Professional Development and Earnings
Investing in your professional development as a Payroll Coordinator can have a direct impact on your earnings. By attending relevant training programs, obtaining certifications, and staying updated with industry regulations, you can enhance your skills and increase your market value. This, in turn, can lead to higher earning potential and better career prospects.
Capitalising on Extra Hours and Duties
As a Payroll Coordinator, there may be occasions where you are required to work extra hours or take on additional duties. While this may seem demanding, it can also present opportunities for increased earnings. Some companies offer overtime pay or bonuses for working beyond regular hours. By capitalizing on these opportunities, you can boost your income and demonstrate your dedication to your role.