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This bar graph shows the annual salary for Payroll Managers.
Data sourced from O*NET Online, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
This line chart shows the projected job growth over 10 years for Payroll Managers.
Projected Growth Rate in Job Openings by 2031: 17%
Data sourced from CareerOneStop, provided by the U.S. Department of Labor.
Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
Oversee the flow of cash or financial instruments.
Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
Becoming a payroll manager requires a combination of education, experience, and skills that are critical in managing an organization's payroll department. Here's a step-by-step guide to help you pursue a career as a payroll manager:
By following these steps and continuously working on your professional development, you can position yourself as a strong candidate for a payroll manager role. Remember to keep abreast of changes in payroll legislation and technology, as these are crucial aspects of the job.
To become a Payroll Manager, typically you will need:
A typical career progression for a Payroll Manager might look like this:
Payroll Managers are needed across various industries, but demand may be higher in:
Yes, technology advancements can affect this career in several ways:
Certifications can be very important for career advancement:
Crucial skills for a Payroll Manager include:
Changes in legislation can significantly impact Payroll Managers:
The demand for Payroll Managers remains steady because:
Remember that specific job market conditions can vary by region and industry. It's always wise to research current trends in your area or target sector. For authoritative information on employment statistics and forecasts, you can visit the U.S. Bureau of Labor Statistics website at BLS.gov (link with noopener noreferrer).