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Payroll specialist | Outsource Accelerator .rll-youtube-player, [data-lazy-src]{display:none !important;} Outsourcing Calculator Roles Roles WebsiteThe Source Get started today Get 3 free quotesFind out what you can save: 3 quotes, expert insight, 4,000+ BPOsBook a callOutsource the right way. Chat with an outsourcing expert today!Complete Outsourcing ToolkitDownload the outsourcing toolkit – plus all the key resources you needIndustry updates OutsourcingSectorsRolesGet started today Get 3 free quotesFind out what you can save: 3 quotes, expert insight, 4,000+ BPOsBook a callOutsource the right way. Chat with an outsourcing expert today!Complete Outsourcing ToolkitDownload the outsourcing toolkit – plus all the key resources you needIndustry updates Partners Get started today Get 3 free quotesFind out what you can save: 3 quotes, expert insight, 4,000+ BPOsBook a callOutsource the right way. Chat with an outsourcing expert today!Complete Outsourcing ToolkitDownload the outsourcing toolkit – plus all the key resources you needIndustry updates Get started today Get 3 free quotesFind out what you can save: 3 quotes, expert insight, 4,000+ BPOsBook a callOutsource the right way. Chat with an outsourcing expert today!Download Complete Outsourcing ToolkitThe complete outsourcing toolkit – plus all the key resources you need Book a call Get 3 free quotes Join the upcoming Outsource Insights live session. Learn more OA's Zoom room is open! Come chat with our outsourcing expert now. Join now 4,000 firms Independent Trusted Save up to 70% on staff Get 3 Quotes » » Payroll specialistPayroll specialist Posted on December 13, 2023 3 min read Copied URL Whether a company needs a separate department for payroll depends on its size, complexity, and specific needs.However, there are compelling reasons why many organizations, especially larger ones, opt to establish a dedicated payroll department.Compliance with tax laws and labor regulations is critical to payroll processing. These laws are intricate and often subject to change, making it essential to have professionals well-versed in payroll tax codes, deductions, and reporting requirements.A dedicated payroll specialist ensures that the company strictly adheres to these legal obligations, reducing the risk of costly penalties and legal issues.What is a payroll specialist?A payroll specialist is a professional responsible for managing an organization’s . The primary role of a payroll specialist is to ensure that employees receive their salaries accurately and on time while complying with various tax laws and regulations. This specialist also maintains a company’s employee satisfaction and financial integrity.Payroll specialists are typically knowledgeable about payroll software, tax codes, and employment laws to perform their duties effectively.Duties of a payroll specialistPayroll specialists perform a range of crucial tasks, including:Calculating payroll – A dedicated payroll specialist calculates employee salaries, wages, bonuses, and deductions, factoring in variables like overtime, leaves, and taxes.Tax compliance – A payroll specialist ensures the company complies with all federal, state, and local . This involves withholding and remitting payroll taxes accurately and on time.Record keeping – Payroll specialists maintain accurate records of employee work hours, deductions, and other payroll-related data.Payment distribution – Part of the responsibility of a payroll specialist is to disburse employee payments through direct deposit or checks and resolve payment-related issues.Reporting – A payroll specialist also prepares reports for management and government agencies, such as W-2 forms and quarterly tax reports.Policy adherence – A reliable payroll specialist ensures that the company’s payroll policies align with legal requirements and internal policies.Skills and requirements needed in a payroll specialistTo excel in this role, a payroll specialist should possess the following qualifications:Strong math skills are essential for accurate salary calculations and tax deductionsPrecision is crucial to avoid errors in payroll processingFamiliarity with payroll software and , such as QuickBooks or ADP, is advantageousA great understanding of tax codes and regulations, especially payroll tax lawsProficiency in managing and organizing payroll data securelyEffective communication is needed to interact with employees and address payroll inquiriesUpdated knowledge of labor laws and regulations to ensure legal complianceWhere to hire a payroll specialist1. Freelance websitesFreelance websites like and are excellent platforms for finding experienced payroll specialists.2. Social media and networkingGeneral job boards like the following allow you to reach a wide pool of potential payroll specialist candidates:These platforms also facilitate the application and screening processes. Salary comparisonAccording to Payscale.com, the average annual compensation for a payroll expert in the Philippines is . Meanwhile, the average yearly pay in the United States is .Let’s take a look at the table for the annual salary comparison of a payroll specialist in the United States and the Philippines based on experience:JuniorMidSeniorUSA$50,865 $44,938 $57,832 Philippines$5,079$7,855$9,308On-site vs. Remote setup for a payroll specialistChoosing between an on-site and remote payroll specialist depends on your organization’s needs.On-site payroll specialists work physically at your location, offering immediate accessibility and in-person interaction. This is beneficial for hands-on management and security concerns.In contrast, a remote work opportunity for this role provides flexibility and cost savings but may require robust collaboration and communication tools.The choice should align with your company’s culture and requirements.Payroll specialist job description template This job description template is a comprehensive guide for recruiters looking to hire a skilled payroll specialist to streamline their organization’s salary computations and other tasks related to payroll compliance.It outlines the key responsibilities, qualifications, and application process, clearly showing the role’s requirements and expectations within the organization.Feel free to customize to match your company’s needs and preferences.Moreover, you may use these to elevate your recruitment process and hire the right candidate fit for this role. Get instant pricingfor your offshore team Hundreds of roles • Thousands of configurations • Detailed pricing report Outsourcing Calculator Explore prices Top articles & guidesOutsourcing directoryTop outsourcing articlesUltimate guides & white papersOutsourcing podcast & videosOutsourcing glossaryAbout Outsource AcceleratorOutsource Accelerator is the leading Business Process Outsourcing (BPO) marketplace globally. We are the trusted, independent resource for businesses of all sizes to explore, initiate, and embed outsourcing into their operations. With 15,000+ articles, and 2,500+ firms, the platform covers all major outsourcing destinations, including the Philippines, India, Colombia, and others. Learn more Watch video OA in the media “The BPO industry has historically been resilient during crises, said Derek Gallimore, founder of Outsource Accelerator, an industry adviser. "Outsourcing is fundamentally countercyclical. The industry can do well in recessions and depressions," Gallimore said.” Cliff Venzon, Nikkei Asia “Outsource Accelerator has developed an objective methodology ranking the top 500 outsourcing firms globally. For the first time, there is a reliable method of analyzing, comparing, and tracking firms across the $250 billion global outsourcing industry.” Yahoo Finance “If outsourcing will soon be the way of the world, as Gallimore predicts, this book may help many get through it successfully. A book of useful information for a changing employment landscape.” Kirkus “These are challenges Derek Gallimore, chief executive officer of Outsource Accelerator, has been hearing about since day one of the pandemic. His Manila-based firm helps companies build and operate their offshore teams.” Daniel Moss, Bloomberg Get 3 Free QuotesSave 70% on employment costs, whilst driving quality & growth. Access world-class offshore staff. 3 free consultationsUnrivaled expertiseVerified leading firmsTransparent, safe, secureHow many staff do you need to outsource?1-2 staff3-10 staff11-20 staff21-50 staff50+ staffOther Get started “The best ways to free up your time involve regulating better workplace productivity and finding different strategies to efficiently get work done. With that said, here are several steps you can take.” Derek Gallimore, Forbes “While companies internally are not always set up to deliver a seamless CX, the CX industry itself is becoming, Dedicated Middle East payroll specialist | OPS-Outsourced Payroll Solutions has been offering a dedicated payroll management service specific to various businesses and industries in the Middle , A dedicated payroll specialist ensures that the company strictly adheres to these legal obligations, reducing the risk of costly penalties and legal issues. What is a payroll specialist?.
Average salary for Dedicated Nursing Associates Payroll Specialist in Delmont: $49,776. Based on 7300 salaries posted anonymously by Dedicated Nursing Associates Payroll Specialist employees in Delmont., Search and apply to our open Payroll Specialist jobs. Our full-time, freelance and temporary Payroll Specialist roles are updated daily., You will have a dedicated payroll specialist to help you resolve any issues. If you need additional help, an owner of Dedicated Payroll is always available to solve your problems., Get Payroll Outsourcing India, One of the top payroll outsourcing companies and payroll service providers in India and offers online payroll services., Discover the top HR payroll service providers in Phoenix and Tucson with Focus HR. Streamline payroll solutions of payments and taxes for your business. Explore now!, .