Payroll and Timekeeping Clerks

General Information

Description

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

Workplace at a Glance

What you can expect to experience while on the job

  • Responsibility
  • Exposure to job hazards
  • Physical activity
  • Decision making
  • Repetitiveness
  • Level of competition
  • Time pressure

Industry areas

  • Accounting, Tax Preparation, Bookkeeping, and Payroll Services
  • Management of Companies and Enterprises
  • Elementary and Secondary Schools

Job Outlook

Employment of financial clerks is projected to grow 9 percent from 2016 to 2026, about as fast as the average for all occupations. Detailed projected growth rates for these occupations are viewable in the table below. For many of these occupations, including credit authorizers, checkers and clerks, procurement clerks, and new accounts clerks, the availability of online tools has reduced demand for these workers and is expected to slow their future employment growth. Similarly, for payroll and timekeeping clerks and brokerage clerks, productivity-enhancing technology is slowing demand for these workers. Billing and posting clerks, loan interviewers and clerks, and insurance claims and policy processing clerks perform tasks that are less susceptible to automation, namely the contacting and interviewing of applicants and customers to gather information. Therefore, they are expected to see employment growth in line with the medical, banking, and insurance industries.

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Salary

Average Salary

Salary

$47,160

State-by-state Salary

Gray states indicate no data available

$62,080
$23,980
No Information for this section

Education

Most Common Education Levels

People in this career achieve this level of education.

  • High school 38%
  • Some college 20%
  • Associate's degree 16%
  • Post-secondary certificate 13%
  • Bachelor's degree 8%
  • Master's degree 1%
  • Doctoral degree 0%
  • Post baccalaureate 0%
  • Less than high school 0%
  • Post-doctoral training 0%
  • Post-master's certificate 0%
  • First professional degree 0%

Related College Majors

Select major to see colleges that offer it

Knowledge

  • Clerical
  • Customer and Personal Service
  • English Language
  • Mathematics
  • Computers and Electronics

Skills at a Glance

Skills helpful in this career

  • Verbal skills
  • Critical thinking & problem solving
  • Equipment operation & maintenance
  • Math & science skills
  • Technology design & control
  • Leadership
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