Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between payroll specialists and payroll analysts 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 specialist and a payroll analyst. Additionally, a payroll analyst has an average salary of $54,217, which is higher than the $46,462 average annual salary of a payroll specialist.
The top three skills for a payroll specialist include customer service, data entry and payroll data. The most important skills for a payroll analyst are customer service, payroll system, and payroll data.
| Payroll Specialist | Payroll Analyst | |
| Yearly salary | $46,462 | $54,217 |
| Hourly rate | $22.34 | $26.07 |
| Growth rate | -3% | -3% |
| Number of jobs | 6,609 | 15,555 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 60% |
| Average age | 48 | 48 |
| Years of experience | 4 | 4 |
It is the primary duty of a payroll specialist to process payroll and maintain an accurate record of the personnel database and ensure employees are paid on time. Payroll specialists are in charge of addressing and resolving employee complaints regarding wages. Also, they manage the company's budget and expenses and prepare reports for the relevant departments. Those with a bachelor's degree in business or accounting are preferred to get the job. Candidates with related job experience and strong knowledge of tax, wage laws, and a good understanding of standard fiscal procedures are highly qualified for the position.
A payroll analyst is primarily in charge of overseeing a company's payroll processes and transactions, ensuring efficiency and timeliness. Their responsibilities typically revolve around coordinating with human resources for accurate and complete timesheets and employee data, managing calendars and schedules, calculating wages and deductions, and performing consistent audits. There are also instances when a payroll analyst must perform clerical tasks such as processing documents, prepare progress reports, and respond to employee inquiries. Furthermore, it is essential to report to managers should there be any issues and concerns.
Payroll specialists and payroll analysts have different pay scales, as shown below.
| Payroll Specialist | Payroll Analyst | |
| Average salary | $46,462 | $54,217 |
| Salary range | Between $34,000 And $61,000 | Between $39,000 And $74,000 |
| Highest paying City | Washington, DC | Olympia, WA |
| Highest paying state | Connecticut | Washington |
| Best paying company | Cambridge Associates | Varian Medical Systems |
| Best paying industry | Technology | Technology |
There are a few differences between a payroll specialist and a payroll analyst in terms of educational background:
| Payroll Specialist | Payroll Analyst | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between payroll specialists' and payroll analysts' demographics:
| Payroll Specialist | Payroll Analyst | |
| Average age | 48 | 48 |
| Gender ratio | Male, 17.3% Female, 82.7% | Male, 24.2% Female, 75.8% |
| Race ratio | Black or African American, 9.8% Unknown, 6.1% Hispanic or Latino, 18.2% Asian, 6.0% White, 58.5% American Indian and Alaska Native, 1.5% | Black or African American, 10.1% Unknown, 6.1% Hispanic or Latino, 18.6% Asian, 6.1% White, 57.6% American Indian and Alaska Native, 1.5% |
| LGBT Percentage | 10% | 10% |