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The differences between payroll processors and senior payroll specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a payroll processor and a senior payroll specialist. Additionally, a senior payroll specialist has an average salary of $59,503, which is higher than the $44,307 average annual salary of a payroll processor.
The top three skills for a payroll processor include customer service, data entry and ADP. The most important skills for a senior payroll specialist are peoplesoft, payroll data, and reconciliations.
| Payroll Processor | Senior Payroll Specialist | |
| Yearly salary | $44,307 | $59,503 |
| Hourly rate | $21.30 | $28.61 |
| Growth rate | -3% | -3% |
| Number of jobs | 11,795 | 6,310 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 58% |
| Average age | 48 | 48 |
| Years of experience | 4 | 4 |
A payroll processor is an individual who processes the payroll of employees for an organization by validating work hours and attendance of employees. Payroll processors must research for discrepancies in payroll information and documentation before processing them, as well as calculate payroll deductions. They assist payroll processing clerks and other team members with all the processes that are related to payroll. The payroll processor must also edit payroll worksheets for the data entry department as well as audit bonus payments for reporting.
Senior payroll specialists are professionals who are responsible for calculating the wages of employees of an organization accurately. These specialists are required to analyze and verify payroll reports and documents for accuracy while making the necessary corrections through journal entries or other established procedures. They must authorize and review payroll transactions as well as complete appropriate forms to adjust salary account funds. Senior payroll specialists must also conduct training sessions for other payroll professionals to explain information regarding payroll policies and procedures.
Payroll processors and senior payroll specialists have different pay scales, as shown below.
| Payroll Processor | Senior Payroll Specialist | |
| Average salary | $44,307 | $59,503 |
| Salary range | Between $33,000 And $58,000 | Between $42,000 And $82,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Venable | MongoDB |
| Best paying industry | Finance | Technology |
There are a few differences between a payroll processor and a senior payroll specialist in terms of educational background:
| Payroll Processor | Senior Payroll Specialist | |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between payroll processors' and senior payroll specialists' demographics:
| Payroll Processor | Senior Payroll Specialist | |
| Average age | 48 | 48 |
| Gender ratio | Male, 16.1% Female, 83.9% | Male, 23.2% Female, 76.8% |
| Race ratio | Black or African American, 9.6% Unknown, 6.1% Hispanic or Latino, 18.2% Asian, 6.0% White, 58.6% American Indian and Alaska Native, 1.5% | Black or African American, 9.8% Unknown, 6.1% Hispanic or Latino, 18.1% Asian, 6.0% White, 58.5% American Indian and Alaska Native, 1.5% |
| LGBT Percentage | 10% | 10% |