Paymaster Overview
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.
What is the right job for my career path?
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Paymaster Career Paths
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of payroll administrator you might progress to a role such as office manager eventually. Later on in your career, you could end up with the title senior human resources manager.
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
Best Paying Cities
Recently Added Salaries
Job TitleCompany  | Company | Start Date | Salary |
|---|---|---|---|
Intercontinental Hotels Group Resources, Inc. Paymaster Paymaster | Intercontinental Hotels Group Resources, Inc. Intercontinental Hotels Group Resources, Inc. | 08/22/2012 08/22/2012 | $39,89408/22/2012 $39,894 |
Intercontinental Hotels Group Resources, Inc. 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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Top Colleges for Paymasters
1. University of Pennsylvania
Philadelphia, PA • Private
2. Northwestern University
Evanston, IL • Private
3. University of Southern California
Los Angeles, CA • Private
4. SUNY at Binghamton
Vestal, NY • Public
5. Villanova University
Villanova, PA • Private
6. San Diego State University
San Diego, CA • Public
7. Bentley University
Waltham, MA • Private
8. SUNY Farmingdale
Farmingdale, NY • Public
9. Boston University
Boston, MA • Private
10. SUNY Stony Brook
Stony Brook, NY • Public
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