Payroll representative vs paymaster

The differences between payroll representatives and paymasters 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 representative and a paymaster. Additionally, a paymaster has an average salary of $69,234, which is higher than the $45,054 average annual salary of a payroll representative.

The top three skills for a payroll representative include data entry, payroll data and payroll system. The most important skills for a paymaster are ADP, payroll processing, and payroll system.

Payroll representative vs paymaster overview

	Payroll Representative	Paymaster
Yearly salary	$45,054	$69,234
Hourly rate	$21.66	$33.29
Growth rate	-3%	-3%
Number of jobs	6,076	668
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 57%
Average age	48	48
Years of experience	4	4

Payroll representative vs paymaster salary

Payroll representatives and paymasters have different pay scales, as shown below.

	Payroll Representative	Paymaster
Average salary	$45,054	$69,234
Salary range	Between $31,000 And $63,000	Between $41,000 And $115,000
Highest paying City	Hartford, CT	-
Highest paying state	New Jersey	-
Best paying company	ABB	-
Best paying industry	Health Care	-

Differences between payroll representative and paymaster education

There are a few differences between a payroll representative and a paymaster in terms of educational background:

	Payroll Representative	Paymaster
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 57%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Payroll representative vs paymaster demographics

Here are the differences between payroll representatives' and paymasters' demographics:

	Payroll Representative	Paymaster
Average age	48	48
Gender ratio	Male, 19.5% Female, 80.5%	Male, 27.8% Female, 72.2%
Race ratio	Black or African American, 9.5% Unknown, 6.1% Hispanic or Latino, 18.8% Asian, 6.1% White, 58.0% American Indian and Alaska Native, 1.5%	Black or African American, 8.9% Unknown, 6.1% Hispanic or Latino, 18.9% Asian, 6.1% White, 58.5% American Indian and Alaska Native, 1.5%
LGBT Percentage	10%	10%

Differences between payroll representative and paymaster duties and responsibilities

Payroll representative example responsibilities.

Initial set up of associates and day to day processes within Kronos
Field and answer employee payroll questions, assisting staff with determining quota balances, union contract terms, and proper timekeeping.
Prepare tax reports and reconciliations.
Provide individual assistance with timekeeping system as needed.
Compile and provide earning statements while utilizing PeopleSoft and excel spreadsheets.
Prepare and analyze payroll management reports for supervisors and managers, utilizing PeopleSoft reporting.

Paymaster example responsibilities.

Manage annual professional liability in PeopleSoft for faculty and fellows.
Assist in month end process including accruals and payroll journals.
Create and maintain record of expenses and payments, assisting in the preparation of various reports and reconciliations.
Perform monthly balance sheet account reconciliations including bank and payroll reconciliations.
Maintain detailed records of employment, and provide spreadsheets/data of all payroll functions-for audit purposes in accordance with statutory requirements.
Create new inventory/non-inventory items in QuickBooks accounting system and tracks supplies accurately.

Payroll representative vs paymaster skills

Common payroll representative skills

Data Entry, 7%
Payroll Data, 7%
Payroll System, 6%
Human Resources, 6%
Kronos, 4%
Customer Service, 4%

Common paymaster skills

ADP, 11%
Payroll Processing, 11%
Payroll System, 10%
Accruals, 9%
Reconciliations, 8%
W-2, 8%