1. What is the average salary of a Payroll Team Lead?
The average annual salary of Payroll Team Lead is $82,076.
In case you are finding an easy salary calculator,
the average hourly pay of Payroll Team Lead is $39;
the average weekly pay of Payroll Team Lead is $1,578;
the average monthly pay of Payroll Team Lead is $6,840.
2. Where can a Payroll Team Lead earn the most?
A Payroll Team Lead's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Payroll Team Lead earns the most in San Jose, CA, where the annual salary of a Payroll Team Lead is $103,522.
3. What is the highest pay for Payroll Team Lead?
The highest pay for Payroll Team Lead is $107,670.
4. What is the lowest pay for Payroll Team Lead?
The lowest pay for Payroll Team Lead is $67,681.
5. What are the responsibilities of Payroll Team Lead?
Responsible for the coordination of payroll processing operations for a team. Monitors workflow, team assignments, and processing deadlines. Verifies accurate calculation of wages, tax withholding, and company deductions. Assists team members with resolving errors or responding to inquiries. May prepare reports on employee pay, commissions and bonuses; vacation, sick, disability and workers compensation leave; taxes, withholding, etc. Coordinates the distribution of paychecks and direct deposit programs. Provides training to team on policies, regulations, and processes. May require a bachelor's degree. Typically reports to a supervisor. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.
6. What are the skills of Payroll Team Lead
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
2.)
Professional Development: Professional development refers to continuing education and career training after a person has entered the workforce in order to help them develop new skills, stay up-to-date on current trends, and advance their career.
3.)
General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.