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Working as a Paymaster

There is more than meets the eye when it comes to being a paymaster. For example, did you know that they make an average of $20.39 an hour? That's $42,403 a year!

Between 2018 and 2028, the career is expected to grow 5% and produce 72,100 job opportunities across the U.S.

What Does a Paymaster Do

There are certain skills that many paymasters 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 communication skills, math skills and organizational skills.

When it comes to the most important skills required to be a paymaster, we found that a lot of resumes listed 42.8% of paymasters included payroll, while 14.1% of resumes included adp, and 11.1% of resumes included department heads. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

How To Become a Paymaster

If you're interested in becoming a paymaster, one of the first things to consider is how much education you need. We've determined that 58.2% of paymasters have a bachelor's degree. In terms of higher education levels, we found that 4.5% of paymasters have master's degrees. Even though most paymasters 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 paymaster. When we researched the most common majors for a paymaster, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on paymaster resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become a paymaster. In fact, many paymaster jobs require experience in a role such as cashier. Meanwhile, many paymasters also have previous career experience in roles such as payroll administrator or administrative assistant.

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Average Salary$42,403
Job Growth Rate5%

Paymaster Career Paths

Top Careers Before Paymaster

Cashier
11.4 %

Top Careers After Paymaster

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Paymaster

Paymasters in America make an average salary of $42,403 per year or $20 per hour. The top 10 percent makes over $62,000 per year, while the bottom 10 percent under $28,000 per year.
Average Salary
$42,403

Best Paying Cities

0

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Paymaster
Paymaster
Intercontinental Hotels Group Resources, Inc.
Intercontinental Hotels Group Resources, Inc.
08/22/2012
08/22/2012
$39,89408/22/2012
$39,894
Paymaster
Paymaster
Intercontinental Hotels Group Resources, Inc.
Intercontinental Hotels Group Resources, Inc.
07/24/2009
07/24/2009
$35,88007/24/2009
$35,880

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Paymaster Demographics

Gender

female

68.5 %

male

29.4 %

unknown

2.1 %

Ethnicity

White

64.1 %

Hispanic or Latino

18.7 %

Black or African American

9.0 %

Foreign Languages Spoken

Spanish

42.9 %

Mandarin

28.6 %

Cantonese

14.3 %
See More Demographics

Paymaster Education

Majors

Business
19.6 %

Degrees

Bachelors

58.2 %

Associate

14.9 %

High School Diploma

11.9 %

Top Colleges for Paymasters

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. SUNY Farmingdale

Farmingdale, NY • Public

In-State Tuition
$8,306
Enrollment
9,394

9. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

10. SUNY Stony Brook

Stony Brook, NY • Public

In-State Tuition
$9,625
Enrollment
17,407
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Paymaster

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 42.8% of paymasters listed payroll on their resume, but soft skills such as communication skills and math skills are important as well.

  • Payroll, 42.8%
  • ADP, 14.1%
  • Department Heads, 11.1%
  • W-2, 7.9%
  • Journal Entries, 6.1%
  • Other Skills, 18.0%
  • See All Paymaster Skills

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Top Paymaster Employers

1. GEP Administrative Services
4.2
Avg. Salary: 
$93,800
Paymasters Hired: 
5+
2. Biltmore Hotel
3.7
Avg. Salary: 
$16,628
Paymasters Hired: 
2+
3. Omni Hotels & Resorts
4.0
Avg. Salary: 
$17,305
Paymasters Hired: 
2+
4. Bechtel
4.9
Avg. Salary: 
$78,065
Paymasters Hired: 
1+
5. General Motors
4.9
Avg. Salary: 
$83,465
Paymasters Hired: 
1+
6. IBM
4.8
Avg. Salary: 
$97,130
Paymasters Hired: 
1+
Updated October 2, 2020