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How to Become a Payroll Administrator
By
Ryan Leclaire
|
1 Min Read
The people in payroll are the ones who make sure everyone else gets paid. It’s a challenging role, but a rewarding one with good stability and earning potential.
Are you good with numbers and multitasking? Maybe this is the field for you.
Your Day-To-Day Tasks Will Include:
- Maintaining records of employee attendance, leave and overtime to calculate pay and benefit entitlements
- Preparing and verifying statements of earnings for employees, indicating gross and net salaries and deductions such as taxes, union dues, garnishments and insurance and pension plans
- Prepare employee payments
- Processing forms and documentation for administration of benefits such as pension plans, leaves, share savings, employment and medical insurance
- Preparing T4 statements and other statements
- Providing information to employees on payroll matters
- Compiling statistical reports, statements, and summaries related to pay and benefits accounts
- Preparing period-end reports and reconcile issued payrolls to bank statements
Where the Jobs Are:
There are lots of jobs available in any area. Obviously, larger companies will yield more jobs. They will also give you the chance to possibly move up into a supervisory role.
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