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Processor vs payroll processor

The differences between processors and payroll processors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become a processor, becoming a payroll processor takes usually requires 2-4 years. Additionally, a payroll processor has an average salary of $44,307, which is higher than the $32,098 average annual salary of a processor.

The top three skills for a processor include data entry, customer service and patients. The most important skills for a payroll processor are customer service, data entry, and ADP.

Processor vs payroll processor overview

ProcessorPayroll Processor
Yearly salary$32,098$44,307
Hourly rate$15.43$21.30
Growth rate-3%-3%
Number of jobs11,44811,795
Job satisfaction--
Most common degreeBachelor's Degree, 35%Bachelor's Degree, 44%
Average age5048
Years of experience124

What does a processor do?

Processors are employees who deal with clients and ensure that the clients' requests are provided. Processors usually handle loans or any other related claims. They are in charge of managing the submission of the clients' rights. They communicate the requirements to clients, schedule appointments, receive requirements submitted by clients, validate the requirements, and endorse further processing and approval requirements. Processors act as the bridge between clients and other institutions. They also communicate the request's status to clients and assist should it be needed after approval.

What does a payroll processor do?

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.

Processor vs payroll processor salary

Processors and payroll processors have different pay scales, as shown below.

ProcessorPayroll Processor
Average salary$32,098$44,307
Salary rangeBetween $24,000 And $41,000Between $33,000 And $58,000
Highest paying CityRandolph, MASan Francisco, CA
Highest paying stateCaliforniaNew Jersey
Best paying companyArgonne National LaboratoryVenable
Best paying industryFinanceFinance

Differences between processor and payroll processor education

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

ProcessorPayroll Processor
Most common degreeBachelor's Degree, 35%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Processor vs payroll processor demographics

Here are the differences between processors' and payroll processors' demographics:

ProcessorPayroll Processor
Average age5048
Gender ratioMale, 34.0% Female, 66.0%Male, 16.1% Female, 83.9%
Race ratioBlack or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%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%
LGBT Percentage7%10%

Differences between processor and payroll processor duties and responsibilities

Processor example responsibilities.

  • Manage the project schedule and design the PowerPoint presentation.
  • Manage a monthly pipeline averaging 100 files from origination to funding per month as a Jr. processor.
  • Coach fellow team members to help attain higher QA and assist with CANDE questions to ensure efficiency.
  • Manage the ordering of homeowner's association estoppel letters for payoffs; as well as surveys and clear lien searches.
  • Obtain title policies and process title claims to expedite REO closings and obtain clear title to properties in numerous states.
  • Mail clerk, stamp, open, count mail and match checks with EOB 's
    • Show more

Payroll processor example responsibilities.

  • Manage PTO and cafeteria benefits program.
  • Assist KRONOS editors as need in the KRONOS timekeeping system.
  • Input, verify and correct time records using the KRONOS and Lawson software.
  • Test new software upgrades to payroll HRIS system before implementing to payroll team.
  • Process, balance and facilitate the transmission of incoming and outgoing ACH files.
  • Input hours into PeopleSoft and balance batches for assign pay groups according to establish schedule.
    • Show more

Processor vs payroll processor skills

Common processor skills
  • Data Entry, 19%
  • Customer Service, 18%
  • Patients, 11%
  • Standard Operating Procedure, 6%
  • Strong Customer Service, 5%
  • Bank Deposits, 5%
Common payroll processor skills
  • Customer Service, 12%
  • Data Entry, 9%
  • ADP, 5%
  • Payroll System, 5%
  • Kronos, 5%
  • Human Resources, 4%

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Updated January 8, 2025

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