Benefits payroll administrators primarily handle, to no one's surprise, employee benefits and payroll. They oversee the accounting, bookkeeping, and distribution of the employees' salaries and benefits. Whenever an employee has any issues concerning their wages or insurance, benefits payroll administrators ensure that it gets to the proper channels.
Most employers require their benefits payroll administrators to have a bachelor's degree. Benefits payroll administrators in the United States commonly major in business, accounting, human resources management, and psychology. Prior experience in accounting or human resource jobs will also give you a significant advantage in the job market.
The average benefits payroll administrator in the United States earns a yearly salary of $44,000. That's more or less $21 an hour. However, top earners can make as much as $56,000. Employers like Verisk Analytics, Robert Half International, and System One pay their benefits payroll administrators a competitive salary of $48,000 or more on average.
There is more than meets the eye when it comes to being a benefits & payroll administrator. For example, did you know that they make an average of $23.83 an hour? That's $49,567 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 5,300 job opportunities across the U.S.
There are certain skills that many benefits & payroll administrators have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, business skills and communication skills.
When it comes to the most important skills required to be a benefits & payroll administrator, we found that a lot of resumes listed 16.0% of benefits & payroll administrators included payroll, while 6.5% of resumes included adp, and 6.2% of resumes included benefit plans. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the benefits & payroll administrator job title. But what industry to start with? Most benefits & payroll administrators actually find jobs in the manufacturing and retail industries.
If you're interested in becoming a benefits & payroll administrator, one of the first things to consider is how much education you need. We've determined that 54.7% of benefits & payroll administrators have a bachelor's degree. In terms of higher education levels, we found that 6.8% of benefits & payroll administrators have master's degrees. Even though most benefits & payroll administrators have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a benefits & payroll administrator. When we researched the most common majors for a benefits & payroll administrator, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on benefits & payroll administrator resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a benefits & payroll administrator. In fact, many benefits & payroll administrator jobs require experience in a role such as payroll administrator. Meanwhile, many benefits & payroll administrators also have previous career experience in roles such as human resources coordinator or office manager.