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What does a Payroll Specialist earn?
Payroll specialists in the UK typically earn around £33,700 per year. They work with employers of all sizes to ensure that salary and benefits are paid accurately and on time. Payroll specialists must also maintain up-to-date knowledge of relevant laws and regulations such as tax legislation, as well as any changes to the payroll system. A payroll specialist can also choose to specialise in a particular area, such as pensions and benefits administration.
How to earn more as a Payroll Specialist
"To become a Payroll Specialist, you will need a degree in accounting, payroll administration, finance or human resources. Alternatively, you can go for a degree apprenticeship. To earn more in payroll, you might find work in external consulting or as a HR or payroll administrator. You could also go self-employed and provide payroll services to organisations. The highest paid Payroll Specialists make more than £52,000 a year."
Min: £24,000.00 Max: £52,000.00
Average Payroll Specialist Salary in UK : £33,667.39
Read about Payroll Specialist salaries, related jobs and salary information across the UK
Payroll Specialist Salary data from the ONS
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Age Group
Recommended Payroll Specialist Jobs in UK
Average Salary for Payroll Specialist compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Payroll and Timekeeping Assistant Clerk Salary in UK | £25,659.15 |
| Payroll Clerk Salary in UK | £26,470.36 |
| Payroll and Timekeeping Clerk Salary in UK | £26,472.06 |
| Billing Clerk Salary in UK | £26,756.15 |
| Bill and Account Collector Salary in UK | £28,427.38 |
| Cash and Credit Controller Salary in UK | £28,610.80 |
| Billing Administrator Salary in UK | £31,758.02 |
| Payroll Coordinator Salary in UK | £33,180.25 |
| Payroll Manager Salary in UK | £34,733.21 |
| Payroll Analyst Salary in UK | £38,308.14 |
| Billing Manager Salary in UK | £41,664.50 |
Salary by Region
Compare Payroll Specialist salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £31,042.32 |
| Wales | £27,952.31 |
| Northern Ireland | £26,534.33 |
| East Midlands | £31,025.92 |
| Eastern | £32,414.61 |
| London | £42,210.97 |
| North East | £30,292.13 |
| North West | £31,440.65 |
| South East | £32,917.34 |
| South West | £30,269.07 |
| West Midlands | £29,205.70 |
| Yorkshire and the Humber | £27,971.37 |
Annual Job Ads by Region
Understanding the Average Payroll Specialist Salary in the UK
As a Payroll Specialist 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 Specialist in the UK is £33,700 per year. This figure can vary depending on factors such as experience, qualifications, and location.
Salary Expectations for Newly Qualified Payroll Specialist
If you are a newly qualified Payroll Specialist, it is essential to have realistic salary expectations. Entry-level positions in this field typically offer a salary range of £24,000 to £52,000 per year. To explore job opportunities for Payroll Specialists in the UK, you can visit the job search section.
Salaries for Experienced Payroll Specialist
Experienced Payroll Specialists in the UK can expect higher salaries compared to their entry-level counterparts. With a proven track record and extensive knowledge in payroll management, you can earn a salary ranging from £24,000 to £52,000 per year. This demonstrates the potential for career growth and increased earning potential in this field.
Creating a Payroll Specialist CV
When applying for a Payroll Specialist position, it is crucial to have a well-crafted CV that highlights your skills and experience. To assist you in creating an impressive CV, you can utilize a CV template specifically designed for Payroll Specialists. This template will guide you in showcasing your expertise and qualifications effectively.
Career Development Opportunities for Payroll Specialist
As a Payroll Specialist, there are various career development opportunities available to enhance your professional growth. By seeking career advice, you can explore avenues such as obtaining advanced certifications, pursuing higher education, or taking on managerial roles. These opportunities can lead to increased responsibilities and higher earning potential.
Comprehensive Compensation for Payroll Specialist
Aside from the base salary, Payroll Specialists in the UK may also receive comprehensive compensation packages. These packages can include benefits such as health insurance, retirement plans, paid time off, and bonuses. The specific components of the compensation package may vary depending on the employer and industry.
Strategies for Increasing Your Salary as a Payroll Specialist
If you aspire to increase your salary as a Payroll Specialist, there are several strategies you can employ. These include continuously updating your skills and knowledge, pursuing advanced certifications, taking on additional responsibilities, and demonstrating exceptional performance. By consistently striving for excellence, you can position yourself for salary advancements and promotions.
Professional Development and Earnings
Investing in professional development can significantly impact your earnings as a Payroll Specialist. By attending industry conferences, workshops, and training programs, you can acquire new skills and stay updated with the latest trends in payroll management. This continuous learning can make you a valuable asset to employers, potentially leading to higher salaries and career advancement.
Capitalising on Extra Hours and Duties
As a Payroll Specialist, there may be opportunities to earn additional income by taking on extra hours or duties. Some employers offer overtime pay for working beyond regular hours, while others may provide incentives for handling additional responsibilities. By capitalizing on these opportunities, you can further increase your overall earnings as a Payroll Specialist.
