Associated Designations
– Ensures accurate payroll processing and compliance with compensation regulations.
A Payroll & Compensation Administrator is responsible for managing payroll operations and ensuring compliance with compensation regulations. They oversee salary calculations, tax withholdings, benefits deductions, and payroll reporting, ensuring employees receive accurate and timely payments. Their role involves maintaining payroll systems, processing electronic timesheets, and addressing employee inquiries related to compensation. Additionally, they collaborate with HR and finance teams to ensure payroll policies align with company objectives and regulatory requirements, including FLSA, IRS, and state labor laws.
Beyond payroll processing, Payroll & Compensation Administrators play a key role in compensation strategy and compliance auditing. They conduct pay equity analyses, review incentive structures, and ensure adherence to industry standards. Their expertise extends to managing payroll software, preparing financial reports, and assisting with audits to maintain transparency and accuracy. By leveraging data-driven insights and regulatory knowledge, they help organizations optimize payroll efficiency while ensuring fair and compliant compensation practices. You can explore more details on Payroll & Compensation Administrator roles here.
ACFCI – Advanced Certification in Flexible Compensation Instruction