The Basics: What is a Payroll Manager?
It seems simple enough. A payroll manager is the person in charge of maintaining a company’s payroll system and ensuring that all employees get the proper amount of pay and leave time. However, payroll management is not so easy. Depending on your company, there can be great complexity in the calculation of leave and other benefits, or the administration of overtime and work rules. All of this must be done, sometimes in rapidly, so that a payroll is distributed to employees accurately and on time. If payrolls are wrong or late there can be dire financial or legal consequences.
Being a payroll manager is often a thankless job. Your primary responsibility is to make sure things don't go wrong. No one pats you on the back when things go right. Finally, you must remain vigilent monitoring changing work, benefit and labor rules to make sure your employees are being paid properly, and that no one can come back later and sue your company with the claim of being shortchanged on a paycheck.
The duties of a payroll manager seem straightforward enough. But there are nuances that create challenges.