Payroll Administrator is a multidisciplinary field that includes Finance, Human Resources, Customer service, Information Technology, Data Analysis, and Compliance/Risk management.
A BCom or B.Sc in accounting or relevant discipline is the minimum educational background to be a payroll administrator. An experience of 2-3 years in payroll and knowledge of basic accounting principles is must for a Payroll Administrator.
Payroll Administrators in India are likely to observe a salary increase of approximately 12% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months. Maersk Group, Amazon, Thoughtspot are some of the notable organizations employing payroll administrators offering a salary in the range of INR 2.0- 9.0 LPA depending upon experience and skill.
- How to become a Payroll Administrator: Quick facts
- What does a Payroll Administrator do
- Steps to become a Payroll Administrator
- Types of Payroll Administrators
- How to become a Payroll Administrator in India
5.1 How to become a Payroll Administrator After 12th
5.1.1 UG Level Preparation
5.1.2 PG Level Preparation
6.1 BBA
6.2 MBA
6.3 PGDM
6.4 Certified Payroll professional course
6.5 Advance Certificate in Payroll Administration and Compliance
7.1 USA
7.2 UK
7.3 Canada
7.4 Australia
- Benefits of career as a Payroll Administrator
- Skills Required to become a Payroll Administrator
- How to become a Payroll Administrator Salary
10.1 Job Profile wise
10.2 Experience wise
10.3 Education wise
10.4 City wise
How to become a Payroll Administrator: Quick Facts
Industry | Corporate businesses, Public sector organizations, Education, Advertising |
Eligibility |
Willing candidates should have a B.Sc./ B.A. in Mathematics/Accountancy, Business Studies/Management , Human Resources at undergraduate level. Candidates may have BBA Candidates may have an MBA in Accounting or Leadership. Additional certifications and diploma viz. Certified Payroll Professional (CPP) is given preference |
Average Starting Salary | INR 2,00,000- 9,00,000 per annum |
Job Opportunity | Payroll Director, Payroll Manager, Payroll Data Analyst |
What does a Payroll Administrator do?
The responsibilities of a Payroll Administrator and the typical tasks that they perform daily have been discussed below:
- Calculate employee work hours, tax withholdings, and deductions along with disbursing variable components like holiday expenses, medical benefits, bonuses.
- Prepare and process employee final settlement with issuance of paychecks and salary slips.
- Maintain employee records and Answer and clarify employees on payroll-related inquiries.
- Create and run salary sheets and other financial reports.
- Resolve payroll discrepancies.
- Develop ad hoc financial and payroll reports for the finance department and higher management.
-
Maintain payroll operations following policies and procedures.
Steps to Follow to Become a Payroll Administrator
The following states a generalized step by step guide to become a Payroll Administrator.
- Decision Making: Before opting for Payroll Administrator as a career option, it is essential to do some groundwork. Extensive research is to be done to choose relevant subjects to study at 12th, bachelors and masters level. This should be coupled with the possibility of job prospects in various sectors along with pay scale availability.
- Subject Choices: It is advisable to have Accountancy/Mathematics as a specialization paper both during 10+2 and under graduation. Preparation from your 12th standard for your specialized subjects will build your base in the long run and would help to prepare well for all India entrance exams and get admission in top level Institutes and Universities..
- Entrance Examination Preparation: Entrance examinations like CAT (Common Admission Test), MAT(Management Aptitude Test), XAT, Symbiosis National Aptitude Test are required for admissions into MBA/ PGDM programs. Students need to prepare and practice as per the syllabus of the examinations.
- Selecting Correct Colleges: Top B Schools design their courses as per prevailing industry standards, coupled with offering internships in India and abroad with top firms for getting their students well acquainted with prevailing industry standards along with teaching practices by experienced and professionally qualified academicians and offering best placement opportunities with MNCs. Thus selecting the right B School plays a dominant role in career building.
- After Qualifying Exam: Admission to top Colleges and Universities are on the basis of the Entrance exams. Most top colleges also conduct group discussion and personal interviews as part of the elimination round. It is also advisable to study hard for these competitive examinations and score well because to get admission in premier B Schools, an excellent entrance exam score coupled with cracking group discussion and personal interview is an ultimate necessity.
Types of Payroll Administrator
Scope of work of a payroll administrator covers a wide range of roles based on their areas of interest, educational background & specific experience some of which are listed below:
Payroll Clerk
- The primary responsibility of a payroll clerk popularly called payroll assistants involves collection and organization of time sheets, data entry related to employees pay periods along with reviewing and processing payroll.
- Apart from the usual job of payroll processing, a payroll clerk is involved in maintenance and verification of employee attendance, hours worked, leave and overtime for preparing employee payments and benefits including tax deductions and insurance and pension plans.
- Average salary of a payroll clerk ranges from INR 1.8 LPA to 4 LPA depending upon qualification and experience.
Payroll Administrator
- These are experts dealing with processing, preparing and distribution of employee paychecks.
- The scope of work of a payroll administrator includes recording employee work hours to calculate pay and taxes, incorporating variables viz. overtime, travelling allowances, maternity/paternity and sick pay, holiday expenses, bonuses into employee pay and implementing company policies about pay.
- Average salary of a payroll administrator may range from INR 3.0- 8.0 LPA depending upon educational background and experience.
-
Higher pay packages are offered to candidates who are Certified Payroll Professional (CPP) certified by some internationally-recognized bodies.
Payroll Data Analyst
- A payroll data analyst is not necessarily involved in data entry related to payroll of an employee of an organization but is involved in overseeing payroll procedures, preparing reports and forecasts for senior management, and analyzing compensation related data including wages and bonuses of employees.
- These professionals are expected to have deep knowledge and hands on experience for handling payroll softwares like Oracle, Kronos etc besides having familiarity with Excel spreadsheets.
- Average salary of a payroll data analyst may range from INR 4- 8 LPA depending upon educational background, skill, experience, employer and many more factors.
Payroll Manager
- The primary duties of a payroll manager include overseeing payroll account transactions viz. salaries and benefits of employees, deductions and taxes of employees and third party vendors along with ensuring compliance with relevant laws and internal policies of a company.
- Liaising with auditors and managing payroll audit taxes and finally supervising the payroll team and providing training and guidance to payroll clerks and assistants.
- A payroll manager is expected to have strong analytical and methodical skills besides the usual skills of integrity, team spirit and strong organizational skills.
- Most payroll managers are paid an average salary of INR 7.0- 16.0 LPA depending upon educational background, skills, experience and employer.
Payroll Director
- These professionals are involved in overseeing all the payroll procedures of a company which includes approving transactions and reviewing exemptions.
- The primary duties of a payroll director includes auditing the entire payroll process to avoid payroll discrepancies quickly and efficiently, approve exemptions and salary changes, ensuring compliance with all payroll and tax laws, streamlining document compensation procedures and coordinating with external audits.
- Average salary of a payroll director may range from INR 6.0- 16.0 LPA depending upon educational background, skill, experience, employer and many more factors.
How to Become a Payroll Administrator in India?
School level Preparation
To become a Payroll Administrator, students should pursue Commerce stream or Science stream from school level. Accounting, Mathematics, Business Studies etc should be the prime subjects that one should opt for at the school level. Students should be well versed with numbers and analytical skills to pursue the career as a Payroll Administrator.
How to become a Payroll Administrator After 12th?
Students need to have a BSc./ BCom in accounting/ business degree to start the career as a Payroll Administrator. The preparation at different levels have been discussed below.
UG Level Preparation
A bachelor program in science or Commerce or a BBA course looks for candidates with 10+2 pass certificates. Preference is given to candidates having mathematics or accountancy as a compulsory subject in the 10+2 examination.
Some of the popular BBA entrance examinations are NPAT , IPMAT , UGAT , BHU UET. Admission into this course is based on marks secured in the entrance examination followed by group discussion and personal interview.
PG Level Preparation
Top institutes like IIM Ahmedabad, IIM Bangalore, FMS Delhi offer 2 year Post Graduate Diploma in Management (PGDM) or Post Graduate Program in Management (PGP) which is a two year full time course offering insights of business management in various domains.
Admission in most of the institutes is based on CAT/ MAT entrance scores. Both these examinations are national level entrance examinations conducted online for admission into PGDM or MBA programs. IBS Hyderabad, ICFAI Business School, XLRI conduct their own entrance exams for admission.
Courses to become a Payroll Administrator in India
The courses pursued to become a Payroll Administrator may include Master of Business Administration (MBA), Post Graduate Diploma in Management (PGDM), Bachelor of Business Administration (BBA). A bachelors program is of three years duration while a masters program or PGDM is of two years duration.
BBA
This is a 3 year full time undergraduate programme offered in various management institutes of India aimed at offering managerial and entrepreneurial skills to aspiring candidates.
Program Level | Undergraduate |
Program Duration | 3 years |
Eligibility | 10+2 passed from a recognized board or council with a minimum of 50% aggregate marks |
Admission | Merit/ Entrance Exam |
Average course fee | INR 60,000 - 1,80,000 |
Average salary | INR 2,00,000 to INR 8,00,000 |
Job Types | Sales Manager, Market Research Analyst, Marketing Executive |
Admission Process
Students who want to opt a BBA Degree can take admission in any BBA College. The admission process is of two types-entrance exam based and direct admission. Most colleges take in students through the ICSE marks secured by the student in class 12.
- Direct Admission for Bachelor of Business Administration is based on the marks secured by the candidate at the secondary level (+2).
- Students from any stream with a minimum of 50% marks in 12th can apply for BBA in colleges and universities across India.
- Some of the colleges that adapt to the culture of direct admission in their Bachelor of Business Administration are Loyola College, Madras Cristian College, Mount Carmel College, JD Birla Institute, and others.
- There are national-level BBA entrance test examinations for students all over India. BBA Entrance Exams are UPSEE, IPU CET, MUMCET, etc. Top BBA colleges like the Department of Management Studies Christ University, SSCBS, SVKMs NMIMS, Anil Surendra Modi School of Commerce, etc and more take admission through entrances like SET, NPAT, DU JAT, etc.
-
The application process of these exams usually starts in the month of April-May every year.
Eligibility Criteria for the Exam
- All applicants must have completed 10+2 in any stream in any discipline from a recognized board or council.
- A minimum aggregate score of 50% (45% for SC and ST) is required while some premier institutes look for candidates with a minimum of 60% in 10+2
-
Candidates must have attained the age of 17 to 22 years for general category and 17 to 24 years for reserved categories.
MBA
This is a 2 year full time post graduate program offered in various management institutes of India aimed at offering knowledge on business administration and investment management.
Program Level | Postgraduate |
Program Duration | 2 years |
Eligibility | Bachelor’s Degree with Work Experience |
Admission | Merit/ Entrance Exam |
Average course fee | INR 7,00,000 - 24,00,000 |
Average salary | INR 5,00,000 to INR 20,00,000 |
Job Types | Business Analyst, Investment Banker, Finance Advisor, HR Manager |
Admission Process
MBA Admission mostly takes place through All India entrance Exams. The admission process is very simple and straightforward. Students get colleges according to the score awarded in MBA entrance Exams. The admission fee for each MBA college ranges between Rs 1500 and Rs 2500.
- Top MBA colleges will accept MBA Admission 2023 applications only if a candidate has scored 60% or more in bachelors. Know More: MBA Eligibility
- MBA Entrance Exams: CAT, XAT, SNAP, NMAT, IIFT, CMAT, MAT, ATMA, MAH-CET, TISS NET, IBSAT, IRMASAT, KMAT.
- MBA Admission 2023 registration fees vary. It can be anywhere around INR 500- 2000.
- MBA Admission 2023 Fees at all these colleges range between INR 2-30 LPA. Check: MBA Fees
-
As per academicians, only choosing the right B-School can give that edge to a career path even after a candidate scores 99% in CAT.
Eligibility Criteria for the Exam
- All applicants must have graduation in any discipline from a recognized university
- A minimum aggregate score of 50% (45% for SC and ST) is required.
-
Final year graduation candidates are also eligible to apply provided they present proof of certificate at the end of graduation year.
Check: Top MBA Colleges in India
Post Graduate Diploma in Management (PGDM)
This is a 2 year full time diploma programme in management imparting practical knowledge on business management through rigorous case studies and seminars.The course is suitable for candidates who want to learn the trick of handling the daily obstacles faced in the workplace, studies & other similar aspects.
Program Level | Postgraduate diploma |
Program Duration | 2 years |
Eligibility | Graduation in any UG course from a recognized institution |
Admission | Merit/ Entrance Exam |
Average course fee | INR 4,00,000 – 24,00,000 |
Average salary | INR 12,00,000 to INR 15,00,000 |
Job Types | Project Manager, Consultant, Data Scientist |
Admission Process
Admission takes place on the basis of entrance exams conducted by national bodies, institutes, or a group of institutes.After qualifying these exams, candidates are called for further rounds like written test, group discussion, and personal interview.Final admission is provided to students based on their performance in these rounds.
- The eligibility criteria for PGDM courses is a Bachelor’s degree from a recognised university with 50% aggregate marks or CGPA.
- PGDM Entrance Exams: CAT, MAT, XAT, GMAT, SNAP, CMAT, ATMA.
- PGDM Admission fees ranges between 1 Lakh - 20 Lakhs.
- According to academicians, candidates should choose the right B-School that can have an edge over the rest even after scoring 99% in CAT.
Eligibility Criteria for the Exam
- All applicants must have graduation in any discipline from a recognized university
- A minimum aggregate score of 50% (45% for SC and ST) is required.Elite institutes like IIM look for candidates having 60% aggregate marks in graduation.
-
There is no age limit for application for such a course.
Certified Payroll Professional Course
This is a 2 year certificate course offered by various consulting firms and training institutes, namely KPMG. This course is suitable for candidates who are looking to expertise in payroll management / payroll process / payroll compliance.
HR payroll professionals who want to improve their knowledge on latest income tax trends, payroll process, and payroll compliance rules and looking for better roles can also pursue this course.
Program Level | Certificate |
Program Duration | 2 years |
Eligibility | A graduate in accounting or business with relevant experience. |
Average course fee | The fees for the first year of subscription is INR16,000 plus taxes. From the second year, the yearly subscription fees are INR12,000 plus taxes. |
Average salary | INR 6,00,000 to INR 20,00,000 |
Job Types | Payroll Manager, Payroll Director |
Admission Process
- Frequently visit the website of the course provider for latest updates on dates of admission or any other information related to admission.
- Fill the registration form online with necessary personal information like name, email ID etc.
- The institute will review the application and send brochure and fee details in the mail ID used during registration.
- Make payment of application fee through NEFT/ RTGS or in the form of demand draft.
- Shortlisted candidates will be candidates for interview.
- Successful candidates would be offered admission.
Advance Certificate in Payroll Administration and Compliance
This is a certificate course offered by Indian School of Business Management and Administration Payroll Academy.
Program Level | Certificate program |
Program Duration | 1 year |
Eligibility | Graduate in any discipline preferably in business or accounting |
Average course fee | INR 8,000 plus taxes |
Average salary | INR 5,00,000 to INR 8,00,000 |
Job Types | Payroll Manager, Payroll Director |
How to become a Payroll Administrator abroad
Candidates aiming better salary and job role should complete certifications in payroll from internationally-recognized bodies include the American Payroll Association (APA), the Canadian Payroll Association (CPA) , the Australian Payroll Association or Chartered Institute of Payroll Professionals (CIPP) or the International Association of Book-keepers (IAB).
USA
- In the USA, both undergraduate and postgraduate programs are available in business, accounting and human resources.
- Most US universities prefer TOEFL score as a standard for English proficiency test for International candidates
- Duration of a bachelors course is usually 3 years while masters courses are of 2 years duration.
-
The course fee is between INR 5.0 to INR 25.0 lakhs.
Top Colleges
Institute Name | Course Name | Annual Fees |
---|---|---|
McCombs School of Business at University of Texas | MBA in Accounting | INR 41,86,328 |
West Virginia University | MBA in Accounting | INR 5,91,408 |
Dallas Baptist University | MBA in Accounting | INR 22,28,880 |
Rochester Institute of Technology (RIT) | MBA in Accounting | INR 35,16,628 |
University of Hawaii, Hilo | BBA in Accounting | INR 60,09,984 |
Clayton State University | BBA in Accounting | INR 97,97,600 |
Pace University Online | BBA in Business Studies | INR 1,33,86,304 |
Northwood University | BBA(Finance) | INR 17,47,506 |
UK
In the UK, employers generally look for candidates having relevant working experience in payroll processing instead of formal education. But it is recommended to have qualification in a specific industry namely Payroll Theory Training Course or Sage Payroll Course.
- The duration of the courses ranges from 3 years to 1 year.
- Applications are to be submitted online.
- The average course fee is between INR 10 to INR 25.0 lakhs
Top Colleges
Institute Name | Course Name | Annual Fees |
---|---|---|
London School of Business & Finance | Global MBA(Financial Management) | INR 9,45,000 |
Exeed College | MBA in Accounting and Finance | INR 6,02,536 |
University of Bedfordshire | Business Administration (Finance) MBA | INR 13,13,250 |
Arden University | Master of Business Administration (Finance) | INR 11,16,900 |
London School of Economics | MSc Accounting and Finance | INR 30,65,280 |
University of Birmingham | MSc International Accounting and Finance | INR 23,40,000 |
University of Law Business School | BSc (Hons) Accounting and Finance | INR 28,86,000 |
Wrexham Glyndwr University | BA (Hons) in Accounting & Finance | INR 37,44,000 |
University of Lincoln | BA (Hons) Accountancy and Finance | INR 59,32,800 |
Kingston University | BBA | INR 11,23,000 |
Canada
Employers in Canada prefer candidates with Canadian Payroll Association's Payroll Compliance Practitioner (PCP) and Certified Payroll Manager (CPM) certifications instead of formal education. Still it is recommended to complete a bachelor's degree in accounting or human resources.
- The duration of the courses span from 3 years to 2 years for the full-time degree program.
- Admission is done through the university websites.
- International students must be fluent in either English or French.
- Fill the application with relevant details along with scores of English proficiency tests.
- This should be accompanied with uploading of relevant personal and educational documents.
- Make final submission of application by making payment of application fee.
- Candidates desirous of availing scholarship must submit financial proof.
Top Colleges
Institute Name | Course Name | Annual Fees |
---|---|---|
University of Alberta | Master of Accounting | INR 30,39,044 |
York University | Master of Accounting (MAcc) | INR 32,46,532 |
Queen’s University | Master of Finance | INR 41,60,597 |
Humber College | Business Administration - Accounting advanced diploma | INR 28,49,880 |
Yorkville University | BBA | INR 40,27,496 |
University of Winnipeg | BBA | INR 33,19,800 |
University of British Columbia | Bcom | INR 1,18,17,000 |
Brock University | BAcc | INR 79,94,160 |
University of Waterloo | Bachelors in Accounting and Financial Management(BAFM) | INR 84,96,000 |
University of Toronto | Master of Accounting and Finance | INR 38,86,012 |
Australia
There is no specific educational qualification to become a payroll administrator in Australia, but it is recommended to complete a bachelors or a post graduate program in accounting to start a career in payroll management. The average course fee ranges between INR 13.0 to INR 65.0 lakhs.
- Complete a full time bachelor degree in Accounting or Business or Mathematics or Economics after 10+2.
- Candidates planning a bachelors or postgraduate program from Australia must hold a valid IELTS score to qualify for the English Proficiency Test.
- Few institutes look for candidates having TOEFL iBT or PTE Academic scores or senior secondary studies equivalent to the NSW HSC.
- International applicants must submit one English fluency test score. Accepted tests are IELTS, TOEFL, CAE, PTE Academic, OET etc.
Top Colleges
Institute Name | Course Name | Annual Fees |
---|---|---|
University of South Australia | Bachelor of Commerce (Accounting) DBC | INR 18,25,600 |
Melbourne Polytechnic | Bachelor of Accounting | INR 28,98,336 |
Stott's College | Bachelor of Business (Accounting) | INR 27,88,800 |
Pacific College of Technology | Advanced Diploma of Accounting | INR 11,20,000 |
Australian College of Skills & Education Pty Ltd | Diploma of Accounting | INR 1,03,600 |
Victoria University Polytechnic | Diploma of Payroll Services | INR 3,50,000 |
University of Sydney | Master of Professional Accounting | INR 54,88,000 |
University of New South Wales | Master of Commerce (Extension) - Accounting | INR 54,02,880 |
University of Queensland | Master of Commerce - Professional Accounting | INR 49,58,464 |
Australian National University | BBA | INR 77,41,440 |
Benefits of Career as a Payroll Administrator
The work of payroll administrator is dynamic and demanding, requiring hard work and critical thinking. Your initial years of struggle can turn into a lucrative career in the long run. Some of such benefits are as follows.
- Flexible Work Schedule: The job of a payroll administrator demands long hours of work with no fixed schedule of work. They may be required to work on weekends along with the option of working from home. Thus this job attracts candidates who prefer working in a dynamic environment with no fixed time schedule of work and have the liberty of working from home as per situation demands.
- Variety in the Workplace: Payroll Administrators are involved in a variety of work which includes recording employee work hours, calculating pay and taxes of employees based on hours of work, preparing and distributing employee paychecks, complying with labour standards and regulations and a host of other tasks as and when assigned by the management.
- Exponential Career Growth: The starting salary of a payroll administrator may start with a meagre package of INR 2.0 LPA but with 5-6 years of work experience in relevant field coupled with certification in payroll processing from internationally-recognized bodies can help shoot salaries upto 16 LPA. Add to this hands-on experience in handling payroll related software packages namely Oracle, Kronos and spreadsheet which help in exponential growth in career offering better job position and better pay package.
- Wide Scope of Work: The job of a payroll administrator offers a wide scope of work and is not limited to a single industry. From Corporate businesses to Public sector organizations, education and airline industry, the scope of work of a payroll administrator spans across diverse domains.
Skills Required to be a Payroll Administrator
- Numeracy and Analytical Skills: Payroll administrator is expected to have analytical skills to analyze company’s balance sheet or payroll or audit reports and present summarized reports of payroll and other related matters coupled with identifying discrepancies in calculation of payroll, pension and other tax deductions.
- Organized, logical, methodical approaches: They are expected to be organized and follow a methodical approach to handle such things for easy settlement of payroll, pension and other tax related matters.
- Business Acumen: The more a payroll administrator has a business acumen and keen interest in the business process flow of an organization, has deep knowledge on the labor standards and regulations, as well as government payroll remittance, the chances of gaining the position of payroll management increases.
- Flexibility: Payroll administrator must be flexible enough to diverse job like preparing ad hoc reports for higher management, training the junior employees and providing necessary guidance to get them accustomed with the payroll processing task of a company coupled with liasoning with external auditors to remove existing discrepancies in the book of accounts and supervise compliance of labour and tax related laws are abide in the organization.
- Compliance knowledge: A payroll administrator is expected to stay updated with the latest changes in taxes and benefits as introduced by the government and introduce the same in the existing payroll software packages and systems being used in the organization to be at par with local, state and federal regulations.
- Attention to Detail: An attention to detail coupled with the right accuracy plays a key role in handling all payroll processing and other allied activities. A little error in capturing the number of hours worked by an employee or a fractional change in the tax percentage can draw huge implications in the calculation of salary and other variable components of salary of an employee.
- Remaining Calm Under Pressure: Payroll processing can be both laborious and stressful as it involves tedious calculations of number of hours worked by individual employees, leave availed, any outstanding dues along with calculation of tax components. Thus it is essential to remain calm in such pressure situations and handle such pressure effectively and deliver the right job in an efficient and time bound manner.
- Good timekeeping and ability to meet strict deadlines: Effective and zero error processing of payroll data of employees in a time bound manner is what makes a good payroll administrator. Time Management skills have a huge impact on the payroll system and employee grievances as well.
- Excellent soft skills: Payroll administrator is expected to deal with and manage various people viz. their team, other directors, company employees, board members, vendors and government functionaries. Excellent written and communication skills, customer service and conflict resolution skills, self-starter and initiator pays a long way to survive in this competitive world.
Payroll Administrator salary in India
A Junior Payroll Administrator gets 2.0 LPA while a professional with 7-10 years of experience can draw a salary upto INR 10, 00,000 per annum.
Job profile wise
Role | Yearly Salary |
---|---|
Payroll Clerk | INR 1,50,000- 5,00,000 |
Payroll Administrator | INR 2,00,000- 8,00,000 |
Payroll Data Analyst | INR 4,00,000- 7,00,000 |
Payroll Manager | INR 4,00,000- 12,00,000 |
Payroll Director | INR 5,00,000- 16,50,000 |
Experience wise
Experience Level | Yearly Salary |
---|---|
0-2 years | INR 1,80,000- 3,00,000 |
2-5 years | INR 3,68,000- 6,00,000 |
5-10 years | INR 6,50,000- 8,00,000 |
10-15 years | INR 8,50,000- 12,00,000 |
15+ years | INR 12,50,000- 16,00,000 |
Education wise
Education | Yearly Salary |
---|---|
High School | INR 2,70,000- 3,00,000 |
Certificate/ Diploma | INR 3,06,000- 3,50,000 |
Bachelor’s Degree | INR 4,00,000- 4,75,000 |
Master’s Degree | INR 5,00,000- 6,50,000 |
City wise
City Name | Yearly Salary |
---|---|
Bangalore | INR 4,17,600- 4,50,000 |
Chennai | INR 3,76,800- 4,20,000 |
Delhi | INR 3,94,800- 4,38,000 |
Hyderabad | INR 3,80,400- 4,30,000 |
Kolkata | INR 4,04,400- 4,42,000 |
Mumbai | INR 3,88,800- 4,40,000 |
How to become a Payroll Administrator: FAQs
Ques. Mention a few must-read books for a Payroll Administrator?
Ans. Among the many popular books on Payroll Management, few of the popular books are listed below:
- Payroll Management written by Steven M. Bragg
- Payroll in 90 Minutes written by Robert Leach
- Success In the Payroll Management Business written by Vincent, Gabriel
- Payroll Accounting written by Jeanette Landin and Paulette Schirmer
Ques. Name a few of the institutes in India which offer PGDM/ PGP courses for pursuing a career as Payroll Administrator?
Ans: Listed below some of the premier institutes in India offering PGDM/ PGP course:
- Indian Institute of Management, Ahmedabad
- Indian School of Business, Hyderabad
- Faculty of Management Studies,Delhi
- National Institute of Securities Markets,Navi Mumbai
- MICA,Ahmedabad
- Ques. Discuss the pattern of the exam for Certified Payroll Professional?
Ques. Discuss the pattern of the exam for Certified Payroll Professional?
Ans: The American Payroll Association (APA) conducts Certified Payroll Professional Exam every year and is conducted online for a duration of 4 hours consisting of 190 multiple choice questions including twenty-five (25) that are pretest questions though the pretest questions are not counted in the scoring of the examination.
Ques. How to become a certified payroll professional?
Ans: Candidates targeting to become a certified payroll professional should follow the following steps:
- Pass the three-part Uniform Certified Payroll Specialist Examination.
- Complete a bachelor’s degree in accounting or business or human resources with mathematics as a compulsory subject
- Earn relevant experience in bookkeeping, accounting, or payroll for at least a period of 2-3 years
- Agree to abide by the Code of Professional Conduct
- Gather 16 hours of CPE credits each year beginning the subsequent full year after receiving license
-
Complete and submit the Application for Licensure
Ques. Name some top companies offering positions of payroll administrator?
Ans: Though most organizations starting from small business to large organizations including public sector enterprises and education industry look for suitable candidates for payroll management, some of the top recruiters of payroll administrators are listed below:
- Accenture
- Tesco
- Wood Group
- Amazon
- Maersk Group
-
ADP Solutions
Ques. Is it essential to have knowledge on handling software packages for payroll processing?
Ans: Absolutely. Apart from having formal education in accounting or business, a payroll administrator is expected to have hands-on experience in handling payroll related software packages namely Oracle, Tally ERP, Payforce, Kronos including knowledge of spreadsheet and Microsoft Office. With the advancement of technology, payroll administrators are expected to update their skills in using Artificial Intelligence and Business Intelligence tools.
Ques. I have completed my BA in English literature and am willing to pursue a career in payroll management. Am I eligible to apply for such a role?
Ans: The job role of a payroll administrator does not require any formal education in payroll management but students with accounting or business or information technology get a better edge than others. But you can still opt for this career by completing any of the certification courses offered by internationally recognized bodies like KPMG, Deloitte etc and gain work experience in payroll processing, tax handling and bookkeeping for a minimum period of 2-3 years to gain your grip in this field.
Ques. Name some common subjects taught in a two year MBA in Accounting?
Ans: Though every institute has separate curriculum for MBA in Accounting but few of the common subjects taught during the entire tenure of the program are listed below:
- Managerial Economics
- Statistical and Quantitative Methods
- Statistical and Quantitative Methods
- Business and Environmental Management
-
Business Policy and Strategic Movement
Ques. Does a BBA in accounting be considered for a career as payroll administrator and if yes suggest some Indian colleges offering BBA and admission criteria?
Ans: Yes a BBA in accounting is considered as an educational criteria for starting a career as payroll administrator. Most top Indian colleges offer admission into the BBA program based on scores in entrance examinations namely NPAT, SET, etc. while few other colleges offer admission based on merit in the last qualifying examination.
Some of the popular colleges offering BBA in accounting are listed below:
- Narsee Monjee Institute of Management Studies (NMIMS)
- ICFAI Foundation
- Vellore Institute of Technology
- Amity University
- Jamia Millia Islamia University
-
KIIT School of Management