Payroll & Benefits Clerk
$40K
/ year
9+ years experience
$40K
/ year
9+ years experience
A Payroll and Benefits Clerk is accountable for managing various administrative tasks that relate to employee compensation and benefits. This position plays an essential part in ensuring that there is accurate and timely processing of payroll and making sure employees receive their wages and benefits in time. The main duties of the position of a Payroll & Benefits Clerk include the processing of payroll. This includes calculating wages for employees taking into account factors such as hours spent, overtime, taxes, and deductions. They also make sure that payroll records are correct and current.
Administration of benefits: These professionals oversee employee benefits programs like retirement plans, healthcare, and insurance. They help employees understand their benefits, manage the process of enrollment and termination and keep track of benefit information.
Compliance: Payroll and Benefits Clerks need to stay current with the laws and regulations governing labor in order to be compliant. They manage the withholding of taxes, create payroll reports and provide the required documentation to the government agencies.
Recordkeeping: Keeping accurate pay and benefit records is vital. The Payroll & Benefits Clerks keep track of employee information as well as tax forms and benefits data in a safe and well-organized way.
Communication: They are an initial central point of contact for employees with regards to questions regarding benefits and payroll as well as assisting with any discrepancies or issues.
In the end, a competent Payroll & Benefits Clerk plays an important role in ensuring the financial wellbeing as well as the satisfaction of workers through making sure that payroll is accurate and efficient processing and administration of benefits.
As a Payroll & Benefits Clerk with 9+ years of experience in the United States, your main responsibilities include:
For a Payroll & Benefits Clerk job role, the following qualifications are required:
1
Compensation & Benefits
2
Human Resource Management
3
Payroll Administration
The role of a Payroll & Benefits Clerk is crucial for maintaining accurate employee compensation records and ensuring compliance with payroll regulations. For professionals with 9+ years of experience in the United States, here are following alternative roles worth considering:
According to the latest data available, the Payroll & Benefits Clerk role is expected to experience steady growth in the US job market. Over the past 10 years, the demand for professionals in this field has consistently increased, reflecting a positive trend. With businesses continuing to prioritize accurate and efficient payroll management and benefits administration, it is anticipated that the number of employment opportunities in this role will continue to rise in the future. Based on projections, the Payroll & Benefits Clerk position is expected to offer numerous job openings, highlighting its importance in organizations' operations and the potential career prospects it offers.